Answer:
An example of an operational risk would be if a business were unable to meet
its sales orders because of the death of the company president
Explanation:
When death incur from the owner or incharge of such business it might affect the operations of such businesses but if all other factors has been put in place, it would enable the business to carry on even when the owner is dead.
Answer: taxable income = $162,000
Tax = $46,430
Explanation:
Complete/Correct Question:
The Bank of England is concerned that the British Pound is weakening against the U.S. Dollar. A method for the Bank of England to strengthen its currency would be to:
A. raise British interest rate levels
B. lower British interest rate levels
C. raise U.S. interest rate levels
D. lower U.S. interest rate levels
Answer:
A, raise British interest rate levels
Explanation:
Increasing the interest rate levels of the British will help strengthen the pound against the Dollar. This would mean that the United States is offering lower interest rate.
This is possible because a higher interest rate means that lenders will make higher returns compared to countries with lower interest rates.
Cheers.
Answer:
The cost of ending inventory is $2340
Explanation:
Under the weighted average method of inventory valuation, we value the ending inventory based on the weighted average of all the available inventory for the period. The inventory available for the period includes the beginning inventory plus the purchases for the period.
The weighted average cost of inventory can be calculated by adding the total cost of available inventory and dividing it by total number of units of available inventory.
The weighed average cost of inventory per unit for Glasgow is,
Total cost = 80 * 7.5 + 200 * 9 + 150 * 9.3 + 50 * 10.5 = $4320
Total number of units = 80 + 200 + 150 + 50 = 480 units
Weighted average cost per unit = 4320 / 480 = $9 per unit
The units of ending inventory are = 480 - 220 = 260 units
The cost of ending inventory is = 260 * 9 = $2340
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
