Answer:
790,000, i.e. $79 x 10,000= 790,000
. Yes, the manufacturer should change the design. 666,667 (when it goes from 1/10,000 to 1/15,000). It is 500,000 (when it goes from 1/10,000 but 1/20,000)
. No, the benevolent social planner would not agree with the manufacturer's decision.
Explanation:
In the estimates provided by the manufacturer, the total cost of the design is equivalent to $79 x 10,000= 790,000. There should be an alteration in the design to remove the necessary precautions. If the probability is different from the estimate provided by the manufacturer, the planner will disagree with the decision made by the manufacturer. For example, a change to 1/15000 will make the total cost to be approximately $666,667.
Answer:
Yes, the offer was accepted before Barney had notice of the revocation.
Explanation:
Fred can revoke his offer at any time before acceptance (2 March), because there is no consideration to keep the offer open. However, Barney has called Fred to accept the offer, before receiving the revocation by mail which Barney has received on March 3
Leisha is likely to be about three years old. This is because, between age two and three, children usually increase in length by about 3 - 5 inches and gained about 4 pounds. In the first two years of life, growth is faster than this while between the ages of four and six, growth is slower.
Answer:
the net realizable value of accounts receivable $56.300
Explanation:
To calculate the net realizable value of accounts receivable is necessary to deduct from Account Receivable the total credit amount of the Allowance for Uncollectible Accounts.
The Debit value of Accounts Receivable minus the credit balance of Allowance for Uncollectible Accounts gives the Net Value of Accounts receivables.
