Answer:
$4230 is the correct answer to the given question .
Explanation:
As Mention in the question the sales revenue to the dishwashers = $94,000
Also the company estimated warranty expense cost is =4.5% of revenues,
Now the estimated warranty payable can be determined by the following formula
== $4230
Answer: C. grant Mary the legal rights for the property.
Explanation:
Agents are not to use the knowledge that their principal paid them to acquire or that they acquired for the use of their principal for themselves.
If Mary bought a property knowing that Karen wanted to buy that property, the Court will award the title to Karen because Mary has violated her duty not to use knowledge of information intended for her principal for her own benefit.
Answer:
$372,000
Explanation:
The computation of the amount to be reported in the balance sheet is shown below:
= Number of shares of common stock × fair value of the Papa stock on that date per share
= 6,200 shares × $60
= $372,000
Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.
Therefore, the investment should be reported at the fair value
According to Marxist-socialist tenets, law is strictly subordinate to prevailing economic conditions, such fundamental propositions as private ownership, contracts.
Marxists contend that compared to a capitalist society, a socialist one is far better for the majority of people. "The socialization of production is bound to result in the conversion of the means of production into the property of society," wrote Vladimir Lenin before the Russian Revolution.
The core tenets of the Marxist worldview hold that social class is the most significant category of people and that the economic circumstances of a society form its foundation. Another tenet states that community ownership of the means of production will replace private property as the primary institution of capitalism.
Learn more about Marxist-socialist tenets here
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Answer:
8.3% - 60%
Explanation:
Unemployment rate is the total of unemployed divided by the total workforce. As the question says, there is 1 million of unemployed and the people able to work is 12 million (1 million unemployed plus 11 employed). So the unemployment rate is 1/12... which is 8.3%
The participation rate is the employed plus the people that have no job but are actively seeking for a job, divided by the population that is in working age. The people who has no job, is in working age and available to work and is actively looking for work is the unemployed (ILO definition of unemployment). So we have 1 million plus the 11 million of employed, we have a total of 12 million. So the participation rate is 12/20... which gives us 60%
