None of those presentation methods solve problems
Answer:
He has no more right on the warranty.
Explanation:
Auto warranty is a promise made by the manufacturer to be responsible for certain faults and repairs over a given period of time . This period of warranty could also be specified through the mileage covered by the car . The expiration of the warranty is decided based on any of the set milestones, either in years / mileage that is first achieved.
In Mathew's case , Kim has already exhausted the warranty on the car as she has exceeded the 36,000 mile covered by warranty in a space of two years. You need to know that warranty expires the moment any of the set milestone is achieved.
Answer:
The correct answer is letter "D": marginal utility is positive for the 4th slice and negative for the 5th slice.
Explanation:
Marginal Utility refers to the additional benefit or satisfaction gained from consuming one more unit of a good or service. In economics, something has utility if it satisfies any consumer wants or needs whether for usefulness or pleasure. It is a subjective term.
If the marginal utility is positive, consumers would want to acquire more of the good or service but if negative they will stop consuming it. Thus, the marginal utility for the 4th pizza slice is positive but the marginal utility for the 5th slice is negative.
Answer:
Debit cash $7800
Credit unearned revenue $7800
Explanation:
The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.
The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.
Answer:
$2,500
Explanation:
Loan amount = $5,000
The car was auctioned for $3,000 and the parties involved in the auction transaction has to be paid before net income can be recognized.
Auction amount = $3,000
Less; Repo Man's Fee = ($200)
Attorney's Fee = ($300)
Net amount = $2,500
Loan amount = $5,000
Less net amount = ($2,500)
Loan Balance = $2,500