Answer:
The correct option is (b)
Explanation:
USA Patriot Act was enforced after 2001 attacks to protect people from terrorist attacks or illegal activities. The purpose of this act is to detect and prevent any kind of funding from criminal activities or money laundering.
Here, Great Northern Bank is handling cash transactions of organization selling illegal weapons. It is the bank's responsibility to report these transactions under USA Patriot Act.
Answer:assumption of the risk.
Explanation:Assumption of risk refers to a legal doctrine under which an individual is barred from recovering damages for an injury sustained when he or she voluntarily exposed him or herself to a known danger. ... Essentially, the defendant is claiming that the plaintiff knew the risk but took the chance of being injured anyway.
The most important elements of assumption of risk are that the person voluntarily and knowingly assumed the risks inherent to the dangerous activity. Furthermore, it is necessary for the defendant (the person the lawsuit was brought against) to demonstrate that the plaintiff knew of all risks at the time of the injury.
Answer:
(a) $1,200
(b) $330
Explanation:
(a)
- The advance payment was issued in 2018, however the items throughout 2018 were not shipped.
- The products were distributed throughout 2019 as well as the transaction for accounting information requirements was announced throughout 2019.
Therefore, in 2019, $1200 would include gross revenue
(b)
<u>Service contract for 6 months will be:</u>
Drake would include gross income throughout 2019 of 
($)and gross income throughout 2020 of $120. In October year 2019, because a corporation offered a 6-month contract, total sales in 2019 represented just a 3-month service agreement.
<u>Service contract for 36 months will be:</u>
- Throughout 2019 gross sales, Drake would include
.The residual balance would not have been all conducted until the close including its tax year of collection since the contract became sold through 36 month. - The residual amount of
is thus used throughout gross sales for 2020.
Consequently,
⇒ Cumulative gross income used throughout 2019 = total earnings of 6 months service agreement + gross income of 36 months service agreement
⇒ 
⇒ 
($)
Answer:
A
Explanation:
the sales price increase and because the variable cost are the same the contribution margin will increase, which lead to think the BEP is lower.
But, because the fixed cost also increase we cannot determinate where the new BEP Will be higher or lower. The fixed cost could increase so much that nulifies the increase in the contribution margin or even be higher enought that the BEP goes higher.
So Option A is the only true statment.
I think that the answer would be 30% of the fixed costs for $60,300 plus $3800=64,100 ie including the loss which would be saved if the mountain bike business was eliminated. The $3800 represents the operating loss for the mountain bike business.
