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KonstantinChe [14]
3 years ago
11

An Iowa state statute requires amusement parks to maintain equipment in specific condition for the protection of patrons. Jack’s

Fun Park fails to maintain its equipment. Kay, a patron, is injured. Jack’s has committeda.a dram shop act.b.contributory negligence.c.negligence per se.d.res ipsa loquitur
Business
1 answer:
abruzzese [7]3 years ago
5 0

Answer:

The correct answer is letter "C": negligence per se.

Explanation:

Negligence per se is a concept of the United States law that finds an act to be reckless because it violates a statute. To prove negligence per se, the victim will usually show that the defendant violated the law, the act caused the kind of damage that the statute was intended to prevent, and he was a member of the protected class of the statute.

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A single database that collects data and feeds it into applications that support each of the company's business activities, such
Montano1993 [528]

Answer:

a) true

Explanation:

The Enterprise resource planning system is a single database that helps to collect data and feed into applications with a motive to support the various business activities like - purchases, production, distribution, sales, marketing, finance, human resource, information technology, etc

The aim of this system is to conduct each and every business activity in an effective and efficient manner so that each one can share the database so that tracking could be done that helps to reduce the time and cost.

4 0
3 years ago
Ridiculousness, Inc., has sales of $43,000, costs of $25,100, depreciation expense of $1,500, and interest expense of $1,500. If
Pavlova-9 [17]

Answer:

operating cash flow = $12,685

Explanation:

given data

sales = $43,000

costs = $25,100

depreciation expense = $1,500

interest expense = $1,500

tax rate = 35

solution

first we get here Net income that is express as

Net income = Sales - depreciation expense - interest expense   .......1

Net income = $43,000 - $25,100 - $1,500 - $1,500

Net income = $14900

and here Tax Expense is 35 % of Net income

Tax Expense is 35 % of $ 14,900 = $5215

so Net Income after tax is = $14900 - $5215 = $9685

now we get here operating cash flow that is express as

operating cash flow = Net Income after tax + Depreciation expense + Interest Expense   .............2

operating cash flow = 9,685 + 1,500 + 1,500

operating cash flow = $12,685

3 0
3 years ago
Bond outstanding with a coupon rate of 5.66 percent and semi-annual payments. The bond has a yield to maturity of 6.3 percent, a
vagabundo [1.1K]

Answer

Price of bond = 17.96825

Explanation:

Bond price = ∑(C / (1+YTM)^{n} )+  P /(1+i)^{n}

where

            n = no. of years

            C = Coupon payments

            YTM = interest rate or required yield

             P = Par Value of the bond

put values in above equation

  price = (5.66%/2) × 2000 × (0.31746) + ( 2000 ÷ 4.595×10^{18})

            = 17.96825

3 0
3 years ago
Which of these following states are true?
andre [41]
The correct should be A.
5 0
4 years ago
Darnell lives in Dallas and runs a business that sells guitars. In an average year, he receives $704,000 from selling guitars. O
evablogger [386]

Answer:

1. The wages and utility bills that Darnell pays.

286,000 explicit cost (accounting)

2. The rental income Darnell could receive if he chose to rent out his showroom.

3,000 x 12 months = 36,000 implicit cost (economic)

3. The salary Darnell could earn if he worked as a financial advisor.

20,000 implicit cost (economic)

4. The wholesale cost for the guitars that Darnell pays the manufacturer.

704,000 explicit cost (accounting)

Explanation:

The explicit cost are those which occurs and are represented in the accounting.

While the implicit cost represent the opportunity cost which is the best alternative rejected for taking the current course of action. They are considered for the economic profit

8 0
3 years ago
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