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aliina [53]
3 years ago
6

Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a c

ertain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would
Business
1 answer:
brilliants [131]3 years ago
7 0
The court system is messed up i dont get what you are asking.

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The fixed cost of a production system is $20,000, and the variable cost per unit product is $17. The product has a revenue of $2
dimaraw [331]

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $20,000

Unitary variable cost= $17

Selling price= $28 per unit.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 20,000 / (28 - 17)

Break-even point in units= 1,818 units

<u>Now, the profit for 1,500 units:</u>

Loss= 1,500*11 - 20,000= -$3,500

8 0
3 years ago
The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.
pishuonlain [190]

Answer:

See explanation section

Explanation:

See the images to get the answer

4 0
2 years ago
Were did west African slave traders get their slaves to sell to Europeans ​
Nimfa-mama [501]

Answer:

I don't know but where can i buy

Explanation:

3 0
2 years ago
The __________ frame perspective of a company, deals with how the company is organized, and focused on different groups' respons
Anni [7]

Answer:

Structural frame

Explanation:

Structural frame of an organisation is how the systems are structured including goals, technology, roles of different staff, and relationships. All other frames are dependent on the structural frame, the manager should make sure it achieves the business goals efficiency.

The four frame business model is made up of: structural frame, human resource frame, political frame, and symbolic frame.

4 0
3 years ago
Read 2 more answers
In countries where inflation is expected to be high, interest rates also will be high, because investors want compensation for t
Degger [83]

Answer:

Fisher effect

Explanation:

Fisher effect is the effect in the economic theory that is established by the economist Irving Fisher, which states the relationship among the inflation and both nominal and the real interest rates.

This effect state that the real rate of interest equals to the nominal rate of interest deduct the expected inflation rate.

So, the relationship which is mentioned in the question is the fisher effect as it state the rate of interest that reflect the expectations likely the future inflation rates.

5 0
3 years ago
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