Answer:
See attached accounting entries.
Explanation:
For question 1, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.
For question 2, the likelihood of a payment occurring is probable, the is chance that Pacific Cruise Lines will pay liability as such estimated maximum amount of $1.29 million should be set aside.
For question 3, the likelihood of a payment occurring is reasonably probable, the is chance that Pacific Cruise Lines will pay liability as such estimated amount of $1.29 million should be set aside.
For question 3, the likelihood of a payment occurring is remote, that is, there little relationship with this case that cause Pacific Cruise Lines being liable to pay as such potential amount of $1.29 million should be set aside.
Individuals with higher incomes have better access to clean water, medical care, and good nutrition, and healthier individuals are likely to be more productive than sick ones.
<h3><u>
Explanation:</u></h3>
Correlation refers to the relationship or association that exists between two variables taken into account for the research. There are three types of correlation such as positive, negative and no relation. Positive correlation refers to the situation when one variable is changed the other one will also be changed at the similar rate.
In the given scenario, it is said that there exists a positive correlation between the income per person and the population health. This means that when the individuals receives higher income then they can afford for getting clean water, medical care and also good nutrition and hence the healthier individuals will be more productive than the sick ones. This is because they can go for work without any leave or absence.
Answer:
B) The company should have 8 production runs each year
Explanation:
Given :
Uniform annual demand, = 16000
Total cost, C = 500y + 2x
xy = 16000
Let's substitute 
for x in C.
Therefore, we have :
In order to minimize the total storage and setup costs,
Differentiating wrt y:
In order to minimize the total storage and setup costs, the company should have 8 production runs each year
Answer:
$1,800,000
Explanation:
The veteran player makes $1.6 million per year.
The new prayer will be paid $1 million per year.
the Savings per year will be
= $1, 600,000 - 1,000,000
= $ 600,000
The savings in three years will be
=$600,000 x 3
=$1,800,000
Answer:
$5528000
Explanation:
Solution
Given that:
Now,
The 2018 estate tax exemption 11180000$ above that the estate inherited are taxed at 40%.
So,
25000000-11180000 = taxable estate 13820000$
The estate tax due= 13820000*40%
= 5528000$
Note: This is reference from Exhibit 25-1 and Exhibit 25-2.
