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gregori [183]
3 years ago
7

Catherine decided to have lunch at tom's, one of the most popular restaurants in town. she ordered soup before her main course a

s usual. the soup served to catherine contained a maggot floating about in it. fortunately, she noticed this before she had it. she sued tom's for negligence. the most likely result will be:
Business
1 answer:
Ostrovityanka [42]3 years ago
5 0
<span>Catherine will lose the case since she did not sustain any damages. However, there is a slim (and very unlikely) chance that T</span>om's will might agree to settle if Catherine claims damages in terms of emotional trauma.
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Why do you think average income is an important criterion for development explain.
oee [108]

Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.

Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.

A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.

You can learn more about average income at

brainly.com/question/15046941

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7 0
7 months ago
Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me
Vitek1552 [10]

Answer:

1. Computation of Budgeted amount of Merchandise Purchases

Particulars                                        June             July            August

Ending Accounts Payable          $130,000     $300,000      $120,000

Payments on account              <u>$1,500,000 </u>   <u>$1,400,000</u>   <u>$1,400,000</u>

                                                 $1,630,000     $1,700,000   $1,520,000

Beginning Accounts Payable  <u>$150,000  </u>     <u>$130,000  </u>     <u>$300,000  </u>

Purchases                                 <u>$1,480,000</u>    <u>$1,570,000</u>    <u>$1,220,000</u>

2. Computation of Budgeted amount of Cost of Goods Sold

Particulars                                        June             July            August

Beginning inventory                   $260,000   $500,000      $300,000

Purchases                                  <u>$1,480,000</u>   <u>$1,570,000</u>    <u>$1,220,000</u>

Cost of goods AFS                    $1,740,000   $2,070,000   $1,520,000

Ending Inventory                       <u>$500,000  </u>   <u>$300,000  </u>    <u>$330,000</u>

Cost of goods sold                   <u>$1,240,000</u>   <u>$1,770,000</u>    <u>$1,190,000</u>

8 0
2 years ago
You invest $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return o
gladu [14]

Answer:

The rate of return on the risky asset is 16% and on treasury bill is 6% and we need a return of (1100-1,000)/1000= 10% or 0.1

If we think of x as the percentage investment in risky asset and 1-x as the investment in non risky asset we can mathematically find what proportion we need to invest in each asset to get this return.

16x+ 6(1-x)=10

16x+6-6x=10

10x=4

x=4/10

x= 0.4

This equation tells us that we should invest 40% in risky assets and 1-x which is 60% in treasury bills. We can test our answer by putting these values and see if the return is 10 %

(0.4*16)+(0.6*6)= Rate of return

Rate of return=10%

10% of 1000 = 100

100+1000=$1100

Explanation:

7 0
2 years ago
Preferred stock, 5%, $50 par value, 1,200 shares issued and outstanding with dividends in arrears for the three prior years. Com
Ivenika [448]

Answer:

$12,000

Explanation:

total preferred dividends per year = 1,200 x $50 x 5% = $3,000

since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000

common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000

cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid

8 0
2 years ago
PLS HURRY
jeyben [28]

Answer:

C) It leads to a decrease in per capita GDP. (sorry if it's late)

Explanation:

3 0
3 years ago
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