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RUDIKE [14]
3 years ago
12

Richard, an engineer, supervises the construction of a new mountainside roadway. When the road collapses in a landslide due to f

aulty grading, Richard is sued by motorists and hikers injured in the collapse. As a professional, Richard is held to the same standard of care as ________.a. ​ordinary persons.
b. ​other engineers.
c. ​other professionals, including doctors, dentists, and lawyers.
d. ​those injured in the collapse of the bridge.
Business
1 answer:
vredina [299]3 years ago
7 0

Answer: Other Engineers

Explanation:

Richard can be sued by motorist in the event of the collapse of the road which he supervised construction, and the case would be considered with the already established engineering standards. The engineer standard directs that during construction or fabrication in engineering, the engineer should give little or no allowance for failure, because failure can lead to serious injuries or loss of life.

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The income statement for Splish Traveler Company shows cost of goods sold $307,000 and operating expenses (exclusive of deprecia
enyata [817]

Answer:

a. $349,700

b. $209,900

Explanation:

The computation is shown below:

Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:

(a) Change in Finished goods + purchase = Cost of goods sold

-$25,800 + purchases = $307,000

So, the purchase is $332,800

Now

Cash paid to supplier is

= $332,800 + $16,900

= $349,700

And,

(b) Cash paid for operating expenses is

= $229,000 - $8,000 - $11,100

= $209,900

5 0
3 years ago
Explain the difference between the proportional method and the incremental method of allocating the proceeds of lump-sum sales o
LenaWriter [7]

Answer:

When a company sells different securities together (this usually happens during mergers and acquisitions):

  1. and the price of all the securities is not certain, the incremental method will first allocate proceeds to the sale of securities whose price is actually certain. The remaining proceeds will be allocated to the securities whose price is uncertain. E.g. total sales $10 million, stocks worth $5 million were sold and bonds worth ? million were sold. The company will allocate $5 million to stocks and $5 million to bonds.
  2. and the price of all the securities is certain, the proportional method allocates the sales proceeds proportionally among the different securities sold. E.g. total sales $10 million, stocks worth $5 million were sold and bonds worth $3 million were sold. The company will allocate ($5/$8) x $10 million = $6.25 million to stocks and $3.75 to bonds.

6 0
2 years ago
Suppose that Under Armor and Nike are the sole producers of a particularly comfortable athletic shoe. The two firms currently ch
gayaneshka [121]

Answer:

b. both firms will reduce their price.

Explanation:

The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant

So as per the given situation, both the firm should decrease their price

hence the option b is correct

7 0
2 years ago
process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
VashaNatasha [74]

The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.

An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.

The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.

That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.

Learn more about entity here brainly.com/question/17290596

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7 0
1 year ago
A company decides on the worth of a product, keeping in mind the disposable income of customers
Artist 52 [7]

Household net disposable income is calculated by taking the sum of household income, wages, and other earned money and subtracting all income taxes paid. To break this down, you will add up your household wages, salaries, any other income, net property income (if applicable), and any net transfers in kind (net amount).
3 0
2 years ago
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