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alex41 [277]
3 years ago
5

A Rhode Island state statute imposes fines on tire repair businesses whose pneumatic equipment does not include automatic shut-o

ff switches to protect employees. Bob’s Brakes & Tires, Inc., does not have the switches on its equipment. Carter, a Bob’s employee, suffers an injury that a shut-off switch would have prevented. Carter’s best theory for recovery is
a. assumption of risk.
b. a dram shop act.
c. a Good Samaritan statute.
d. negligence per se.
Business
1 answer:
Anton [14]3 years ago
6 0

Answer:

The correct answer is letter "D": negligence per se.

Explanation:

Negligence per se is a U.S. doctrine that is applied when there has been a clear statute breach. It is applied mainly in cases where the defendant has caused harm to the plaintiff by violating a statue that should have been of knowledge to the defendant.

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Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec
Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

<em>Future value of $7500 after 3 years:</em>

FV = 7500× (1.08)^3 = 9,447.84

<em>Future Value of $9000 after 2 years:</em>

FV = 9000 × (1.08^2) = $10,497.6

<em>Future value of $12,500 after 1 year:</em>

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

7 0
3 years ago
Read 2 more answers
The development cost of a project X is $150,000. The operating costs for year 1, 2 and 3 respectively are $5000, $6000, and $ 70
Sati [7]

Answer:

NPV= $31,808.91

Explanation:

Giving the following information:

Io= -$150,000.

The operating costs:

Year 1= $5,000

Year 2= $6,000

Year 3= $7,000

The benefits:

Year 1= $80,000

Year 2= $90,000

Year 3= $70,000

To calculate the Net Present Value (NPV) we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf= cash flow

Io= -150,000

Cf1= 80,000 - 5,000= 75,000/1.04= $72,115.39

Cf2= 90,000 - 6,000= 84,000/1.04^2=$77,662.72

Cf3= 70,000 - 7,000= 63,000/1.04^3= $56,006.77

NPV= $31,808.91

5 0
3 years ago
You want to purchase a new motorcycle that costs $29,800. The most you can pay each month is $510 over the life of the 78-month
TiliK225 [7]

Answer:20,5369%

Explanation:We know APR is the Annual Percentage Rate that is paid over a loan. If we are to pay during 78 months at most $510 each month, then we could pay in total 510*78=$39780 in the course of the six years and a half that constitute the 78 months. This means that yearly we can pay in interest $39780/6,5=$6120 each year, this represents the interest over the loaned money, i.e., the $29800. Then the APR is

\\\frac{6120}{29800} =20,5369\% annualy or 1,71141% monthly and it is the highest APR you could afford, 20.5369%

4 0
3 years ago
A team of people is giving a presentation to a client. One member says to a coworker, open double quote"I can't believe we've fi
Alexxandr [17]

Answer:

Letter C is correct. <u>Adjourning.</u>

Explanation:

The stage of adjourning t is characterized by the final stage of project development. When this is over the team disperses, so at this stage there is often a sense of loss by team members, who have formed bonds of rapprochement and friendship throughout the development of the project and at the end of the experience develop a sense of loss.

7 0
3 years ago
Typical cash flows from investing activities include each of the following except: Group of answer choices Proceeds from collect
Alinara [238K]

Answer:

Proceeds from collecting the principal amount of accounts receivable arising from customer sales.

Explanation:

Cash flow can be defined as the net amount of cash and cash- equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

This ultimately implies that, cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Generally, investing activities comprises of purchasing physical assets, investing in securities and the sale of assets or securities associated with the company.

Hence, typical cash flows from investing activities include each of the following;

I. Payments to purchase property, plant and equipment or other productive assets (excluding inventory).

II. Payments to acquire held-to maturity securities of other entities, except cash equivalents.

III. Proceeds from the sale of equipment.

IV. Payments to buy intangible assets.

4 0
2 years ago
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