False imprisonment seems like the most likely answer in this scenario if she had to sue for one of the three. She definitely can't sue for assault or battery because no threats were made nor was physical harm dealt.
Answer:
The correct answer is 45%.
Explanation:
According to the scenario, the given data are as follows:
Selling price = $640
Variable cost = $352
Annual fixed cost = $985,500
Current sales volume = $4,390,000
So, we can calculate the contribution margin ratio by using following formula:
Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100
Where, Contribution Margin = Selling price - Variable cost
= $640 - $352 = $288
So, by putting the value in the formula, we get
Contribution margin ratio = ( $288 ÷ $640 ) × 100
= 0.45 × 100
= 45%
Answer:
- A. They are more liquid than others in their industry.
- C. They have sufficient quick assets to pay off short-term debt if needed.
Explanation:
The Acid-test and current ratios are used to measure the liquidity of a company with higher figures meaning more liquidity. XYZ Company has a both a higher acid-test and current ratio so they are more liquid than others in their industry.
The Acid-test and current ratio also enable one to find out if a company is able to pay off its current obligations/ liabilities using current assets. With the acid-test ratio being above one, XYZ is able to pay off short-term debt using quick assets.
The present value of the cash-flow stream if the interest rate is 6% is $323.03.
<h3>What is the interest rate?</h3>
The interest rate can be defined as the amount or the percentage that is being fixed or fluctuating depending upon the condition of the agreement. The interest is calculated on the amount that is being loaned or given to the individual or a company.
According to the given question, the interest rate is 6%
1st year $120
2nd year $320
3rd year $220
Now, by applying the formula for the present value:
![\rmPV = \dfrac{fv}{(1 + r)^t}](https://tex.z-dn.net/?f=%5CrmPV%20%3D%20%5Cdfrac%7Bfv%7D%7B%281%20%2B%20r%29%5Et%7D)
![\dfrac{120}{1.06} + \dfrac{320}{(1.06)^2} + \dfrac{220}{(1.06)^3}](https://tex.z-dn.net/?f=%5Cdfrac%7B120%7D%7B1.06%7D%20%2B%20%20%5Cdfrac%7B320%7D%7B%281.06%29%5E2%7D%20%2B%20%5Cdfrac%7B220%7D%7B%281.06%29%5E3%7D)
= 113.20 + 284.96 + 184.87
= 323.03
The present value of the cash flow stream is $323.03
Learn more about interest rate, here:
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