What is breach of contract?

Fabiola, who lives in mexico city, fills her car with gas, paying 357 pesos for 40.0 l. what is her fuel cost in dollars per gal

77julia77 [94]

Answer:

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

Step-by-step explanation:

We are given that,

Fabiola pays 357 pesos for 40 liters of fuel.

It is required to convert the amount in dollars.

Since, we know that,

1 peso = 0.0759 dollars

So, 357 pesos = 0.0759 × 357 = 27.0963 dollars

Moreover,

1 liter = 0.219969 gallons

So, 40 liters = 0.219969 × 40 = 8.79877 gallons

Thus, we get that,

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

4 0

3 years ago

Read 2 more answers

According to the basic double entry principle of accounting, we

Vlad1618 [11]

Answer:

D. Any of the above, depending on the transactions

Explanation:

The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.

For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.

If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.

8 0

3 years ago

Mercury Inc. purchased equipment in 2019 at a cost of $497,000. The equipment was expected to produce 580,000 units over the nex

Ivan

Answer:

1.

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

Explanation:

We first need to calculate the carrying value of the equipment at the date of disposal. The carrying value is calculated as follows,

Carrying value = Cost - Accumulated depreciation

Depreciation 2019 = (497000 - 33000) * 83000 / 580000

Depreciation 2019 = 66400

Depreciation 2020 = (497000 - 33000) * 133000 / 580000

Depreciation 2020 = 106400

Depreciation 2021 = (497000 - 33000) * 67000 / 580000

Depreciation 2021 = 53600

Carrying value = 497000 - [ 66400 + 106400 + 53600 ]

Carrying value = $270600

1.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 253600 - 270600

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 280000 - 270600

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

6 0

3 years ago

Outline a compensation package that you would consider ideal in motivating an employee, recognizing performance, and assisting t

Black_prince [1.1K]

Answer:

Job promotion and official recognition in form of an award are the motivational package I will give to the employee

Explanation:I

If an employee's performance after appraisal and due diligence is commendable because of its contribution to our organization goals, intrinsically, such person deserves to be promoted to a higher rank because his contributions are not premised on lip service and service seeking recognition.

On the contrary, when an employee's performance is premised on extrinsic factors after conducting necessary appraisal, such an employee simply does that because of the reward he or she seek, and not necessarily the passion attaches to the job. Hence, such employee can be given material compensation which can be monetized but not necessarily a job promotion.

5 0

3 years ago

Iaukea Company makes two products from a common input. Joint processing costs up to the split-off point total $47,000 a year. Th

iris [78.8K]

Answer:

Product Net monetary advantage

X (800)

Y 1,000

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all costs incurred up to the split-off point are irrelevant to the decision to process further .

Product X

$

Additional sales revenue from further processing

( 47,000-25,400) 21600

Further processing cost (22,400)

Net monetary advantage (800)

Product Y

$

Additional sales revenue from further processing

( 54,700-37,000) 17,700

Further processing cost (16,700)

Net monetary advantage 1,000

Product Net monetary advantage

X (800)

Y 1,000

7 0

3 years ago