Answer: The potential selling profit
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Answer:
the revised depreciation is $ 3,753
Explanation:
<em>Straight Line Method of Depreciation charges the same amount of depreciation over the useful life of the asset.</em>
Depreciation Charge (Straight line) = (Cost - Salvage Value) / Useful life
Year 1
Depreciation Charge = ( $58,800 - $3,400) / 9 years
= $6,156
Year 2
Depreciation Charge = $6,156
Year 3
Make the adjustment as if the adjustment happened at the beginning of the year
Make the following changes
(1) Adjast the Depreciable Amount (numerator)
(2) Adjast the Useful life (denominator) to 11 years
Depreciation Charge = (Cost - Previous Depreciation Charges - New Residual Value) / Revised Number of Useful life
Depreciation Charge = ($58,800 - $6,156 - $6,156 - $5,200)/ 11 years
= $ 41,288/ 11 years
= $ 3,753
Answer:
the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
A foreseeable damage can be defined as a any form of damage that the parties to a contract knew or took note of at the time when they were signing an agreement to the contract. Thus, it is the ability of an individual to reasonably anticipate the likelihood of damage or potential injury in a given circumstance such as an accident.
This ultimately implies that, foreseeable damages involves the ability of a reasonable individual to anticipate the potential results of his or her actions such as damage or injury to another person due to the refusal to repair a faulty car.
An example of foreseeable damages from a faulty repair of your car that led to an accident would be the cost to repair your vehicle, payment of hospital bill for the injured, including the damage to other vehicles that were involved in the car accident.
Answer:
line
Explanation:
hope this helps have a nice
Answer:
The proportion of people in your sample whose response is yes=40 people
Explanation:
<em>Step 1: Determine the statistical proportion that will say yes</em>
Proportion=40%=40/100=0.4
<em>Step 2: Determine the proportion in the sample that will say yes</em>
The proportion in the sample can be expressed as;
P=S×Z
where;
P=proportion in the sample
S=statistical proportion
Z=sample size
In our case;
P=unknown to be determined
S=40%=40/100=0.4
Z=100
replacing;
Proportion in the sample=0.4×100=40
The proportion of people in your sample whose response is yes=40 people
