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shtirl [24]
3 years ago
10

A car manufacturer advertises that the windshield in its cars is shatterproof and will not break even when hit with a strong imp

act. While an owner of one of the cars was driving home one day, a small rock hit the windshield and the windshield broke, cutting the driver. What type of warranty was breached?a) an express warrantyb) an implied warrantyc) the warranty of fitness for a particular purposed) the Magnuson-Moss warranty
Business
1 answer:
Olin [163]3 years ago
3 0

Express warranty was breached.

Option a

<u>Explanation: </u>

An express warranty is a contract by a seller to provide replacement or repair within a specified period of time for a defective product, service or component. In accordance with the federal Magnuson-Moss Warranty Act, if an item is sold for < $15 a company must make written express warranty.

For compliance with the Magnuson-Moss Warranty Act, if a product is sold for more than 15 million, a manufacturer must provide a formal specific warranty.

Description of a product or service mentioned in the commercial will set a clear promise as a precedent.

An implicit promise can take effect in the absence of expressed guarantees.

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The+ebit+of+a+firm+is+$300,+the+tax+rate+is+35%,+the+depreciation+is+$20,+capital+expenditures+are+$60+and+the+decrease+in+net+w
-BARSIC- [3]

Answer:

Answer:

$215

Explanation:

Eagles product has an EBIT of $400

Its tax rate is 30%

= 30/100

= 0.3

The depreciation is $16

The capital expenditures are $56

The planned increase in net working capital is $25

Therefore, the free cash flow to the firm can be calculated as follows

Free cash flow= EBIT(1-tax)+depreciation-capital expenditures- change in working capital

= 400(1-0.3)+16-56-25

= 400-120+16-56-25

= $215

Hence the free cash flow to the firm is $215

4 0
2 years ago
Jessica is trying to get a credit card. She has a credit score of 790. How is Jessica’s lender likely to view this credit score?
poizon [28]
<span>A.) Jessica is low risk and will pay her outstanding balances on time.</span>
6 0
3 years ago
Read 2 more answers
Marketing analytic approaches can be thought of by considering the level of analytic complexity and the value that is created fr
kaheart [24]

Answer:

a. Quality Software - Prescriptive Analytics

b. ABC Supermarket - Descriptive Analytics

c. Global Hospitality - Diagnostic Analytics

d. XYZ - Predictive Analytics

e. Manufacturing - Descriptive Analytics

Explanation:

Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.

Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.

Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.

Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.

4 0
2 years ago
The yield to maturity (YTM) on 1-year zero-coupon bonds is 8% and the YTM on 2-year zeros is 9%. The yield to maturity on 2-year
yarga [219]

Answer:

Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .

The PV of 100 face value zcb with different ytm are different , in this case.

for one year maturity with face value 100 current price = fv/ pv at 8% = 92.59

for Two year maturity with face value 100 current price = fv / Pv at 9% for two years = 84.167 , if the bond holder sell the bond after 1 year only, the price = 91.74 .

a) The arbitrage opportunity exist with buy two bond with face value 100 with maturity of 1 year and face value 110 with maturity of 2 years.

b) profit 0.01 , as difference between PV of both bond at their YTM rate.

3 0
2 years ago
Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has ma
lianna [129]

Answer: A. low degree of substitutability.

Explanation:

Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.

Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.

6 0
3 years ago
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