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3 years ago

Which act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products?

2 answers:

7 0

The correct answer that would best complete the given statement above would be the term WARRANTY. "The Magnuson-Moss Warranty Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products". This is the act that directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products. Hope this helps.

koban [17]3 years ago

3 0

Answer: Warranty

"The Magnuson-Moss Warranty Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products

Explanation:

Warranty refers to a legal promise made by manufacturers in order to assure customers the quality of their product. It is usually in written form stating the terms of the guarantees, fix and repair of any damages, the service coverage of the products and so on. However, it specifies a particular period of time during which all these can be done which start from the date of purchase.

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Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,00

xeze [42]

Answer: The correct answer is e). 3.67%

Explanation: An ordinary annuity is a series of payments made at the end of each period.

The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)

Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.

Therefore; 3500000 = 250000×((1-(1+r)^-20)/r

This will give the rate as 3.67%

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3 years ago

Wehrs Corporation has received a request for a special order of 9,300 units of product K19 for $46.80 each. The normal selling p

Sliva [168]

Answer:

Effect on income= $62,510 increase

Explanation:

Giving the following information:

Offer= 9,300 units of product K19 for $46.80 each.

Direct materials $ 17.60

Direct labor $6.90

Variable manufacturing overhead $4.10

The customer would like some modifications made to product K19 that would increase the variable costs by $6.50 per unit and that would require a one-time investment of $46,300 in special molds that would have no salvage value.

Because it is a special offer and there is unused capacity, we will take into account only the incremental fixed costs.

First, we need to calculate the total cost of the offer:

Unitary variable cost= 17.6 + 6.9 + 4.1 + 6.5= $35.1

Total variable cost= 35.1*9,300= $326,430

Total fixed costs= 46,300

Total cost= $372,730

Finally, we can determine the effect on income:

Effect on income= 9,300*46.8 - 372,730

Effect on income= $62,510 increase

3 0

4 years ago

Owner has a place on his land where he piles trash. The pile has been there for three months. John, a neighbor of Owner, without

exis [7]

Answer:Tort of trespass

Explanation:Tort is used in legal terms to mean an intentional or unintentional wrong commited against a person by another person which must have led to damage or losses to the plaintiff.

Tort of trespass is a civil wrong commited by a person through his interference or unapproved use or entry into another person's space.

JOHN COMMITTED A TORT OF TRESPASS AS HE PENETRATED THE LAND OF HIS NEIGHBOR AND DROPPED TRASH WITHOUT THE CONSENT OF THE NEIGHBOR WHO OWNS THE PROPERTY.

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3 years ago

The marginal external cost associated with air pollution increases with the annual output of a polluting industry. At the curren

Georgia [21]

Answer:

The answer is "Option c".

Explanation:

The Marginal external cost, owing only to the production of an extra unit of goods or services, is the cost changes for persons besides the producer or buyer of goods or services. In this, question the "option c" is right in, this regard because it needs a correction tax of less than $10 per unit of production.

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3 years ago

The Amer Company has the following characteristics: Sales = $1,000, Total assets = $1,000. Total debt/Total assets =35%, Basic E

Taya2010 [7]

Answer:

ROE = 16.98%

Explanation:

The question is to determine Amer Company's Return on Equity

The following steps are taken:

1) The Total Debt ÷ Total Assets = 35%

It means Total Debt ÷ 1000= 0.35

Meaning 0.35 x $1,000 = $350 and this is the total debt

2) Calculate Interest on debt

Interest on debt = Interest rate on total debt x total debt

= 4.57% x $350 = $16

3) Now calculate the Net Income from Earnings before Interest and Tax

Earnings before Interest and tax = $200

less interest $16

Earnings Before Tax $184

Subtract tax (40% of EBT) $73.6

Net income $110.4

4) Calculate the Return on Equity

= Net income/ Shareholders' Equity

= $110.4/ ($1,000-$300)

= 16.98%

5 0

3 years ago