Answer:
3.Nuisance
Explanation:
Tort of nuisance is divided into two types. First is the private nuisance where actions of one person is causing substantial interference with another person's land or his enjoyment of the land.
Second is public nuisance where a person's actions affects the reasonable convineince and comfort of another.
The neighbours can challenge her right to raise pigs based on the tort of public nuisance.
Answer:
Required 1.
1. Wages to assembly workers = direct labor
2. Factory water usage = factory overhead
3. Rent on factory building = factory overhead
4. Steering wheels used in cars = direct materials
5. Factory electricity = factory overhead
6. Amortization of patents on factory machine = factory overhead
Required 2.
1. Wages to assembly workers = direct cost
2. Factory water usage = indirect cost
3. Rent on factory building = indirect cost
4. Steering wheels used in cars = direct cost
5. Factory electricity = indirect cost
6. Amortization of patents on factory machine = indirect cost
Explanation:
Different Classes of Manufacturing Costs.
There are Variable Costs which vary with activity such as Direct Material and Direct Labor.
There are also Fixed Costs or Semi - Variable Costs which do not vary with level of activity directly such as Electricity, Rent.
Direct versus Indirect
Costs that can be directly traced (through observation) on the cost object are known as direct costs.
Answer:
The payback period is more than 5 years
Explanation:
Net present value is the Net value of all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.
Year Cash flow PV factor Present Value
0 ($490,000) 1 ($490,000)
1 $40,000 0.909 $36,360
2 $10,000 0.826 $8,260
3 $120,000 0.751 $90,120
4 $90,000 0.683 $61,470
5 $180,000 0.621 <u> $111,780 </u>
Net Present Value ($182,010)
NPV of this Investment is negative so, it is not acceptable.
Payback period
Total Net cash inflow of the investment is $440,000 and Initial investment is $490,000. This investment will take more than 5 years to payback the initial investment.
Dupe's present age = 14 years
Olu's present age = 11 years
Explanation:
- Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
- Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
- Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.
Answer:
The purchase price of the house is $94,000
Explanation:
Let the amount invested by David be b, then the amount used to purchase the house would be 100,000 - b
If he invested 1/3 of it at 4 percent simple annual interest and 2/3 of it at 6 percent simple annual interest. If after a year the income from the two investments totaled $320
Then,
16b = 320 × 300
b = 320 × 300/16
b = 6,000
Therefore, the cost of the house (100,000 - b)
= 100,000 - 6,000
= $94,000
