All categories

3 years ago

Identify the incorrect statement about expressed warranties. Select one:

Business

1 answer:

Amanda [17]3 years ago

5 0

Answer: B

Explanation: Expressed warranty may be written into contact or verbalize.

You might be interested in

Horse and Buggy Inc. is in a declining industry. Sales, earnings, and dividends are all shrinking at a rate of 10% per year. a.

m_a_m_a [10]

Answer:

$12

Explanation:

The computation of the value of the share is shown below:

Value of the share is

= Dividend ÷ (Required rate of return - shrinking rate)

where,

The Dividend is $3

The Required rate of return is 15%

And the shrinking rate is 10%

Now placing these values to the above formula

= $3 ÷ (15% - (-10%)

= $3 ÷ 25%

= $12

7 0

4 years ago

What is an example of a good?

MrRa [10]

Answer: a dog groomer

Explanation:

because they help keep your dogs clean

6 0

2 years ago

The unemployment rate in the United States is usually ________ than the unemployment rates in most other high-income countries

bogdanovich [222]

Answer:

The answers are:

lower
more stringent

Explanation:

In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.

The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.

In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:

They must be out of work through no fault of their own.
They must meet minimum earnings or job tenure requirements.
They must be able, available, and actively seeking work.

4 0

3 years ago

After 10 years of regular monthly payments on a 25-year amortized loan for $245,000 at 3.125% interest compounded monthly, how m

IrinaVladis [17]

Answer:

The answer is "36.197%".

Explanation:

$p = \$ 245,000 \\\\r= 3.125\% = 0.03125\\\\n=12 \\\\t= 25 \ years\\\\$

Formula for EMI

$\to p \times \frac{r}{n} \times [\frac{(1+\frac{r}{n})^{nt}}{(1+\frac{r}{n})^{nt} -1}]$

$= 245,000 \times \frac{0.03125}{12} \times [\frac{(1+\frac{0.03125}{12})^{12 \times 25}}{(1+\frac{0.03125}{12})^{12 \times 25} -1}]\\\\= \$ 1177.81\\\\$

Formula for calculate balance after 10 years:

$\to p \times (1+\frac{r}{n})^{nt} - EMI (\frac{(1+\frac{r}{n})^{nt} -1}{\frac{r}{n}})$

$\to 245,000 \times (1+ \frac{0.03125}{12})^{10\times 12} - 1177.81 [\frac{(1+\frac{0.03125}{12})^{10\times 12} - 1}{ \frac{0.03125}{12}}]\\\\\to \$ 334739.43 - \$ 165,662.30\\\\\to \$ 169077.13$

Total amount after 10 years:

$\to \$265000 -\$169077.13\\\\\to \$ 95922.87$

calculate rate:

$= \frac{\$ 95922.87}{\$ 265,000} \times 100\\\\= 36.197 \%$

8 0

3 years ago

homework Gamma Inc. bought new office furniture in the year 2002. The purchase cost was 57,617 dollars and in addition it had to

mart [117]

Answer:

The depreciation for 2006 will be $5,411 as per double declining balance method;

Explanation:

Cost of Furniture $57,617

Installation cost $14,316

Total cost $71,933

The asset purchased in 2002 and will have salvage value of $2,500 in 2017.It means useful life of furniture is 15 years

Depreciation in 1st year as per double decline method=($71,933/15)*2=$9,591

Depreciation in 2003=$62,342*(1/15)*2=$8,312

Depreciation in 2004=$62,342-$8,312=$54,029*1/15*2=$7,203

Depreciation in 2005=$54,029 -$7,203=$46,826*1/15*2=$6,243

Depreciation in 2006=$46,826-$6,243=$40,582*1/15*2=$5,411

7 0

3 years ago