1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maru [420]
3 years ago
10

Mike worked for Frank's Pizza as a driver and was an agent. His duties consisted of making deliveries along a designated route.

One day Mike decided to see his girlfriend, Jackie, who lived 50 miles off his pizza route. While driving to his girlfriend's, Mike injured a pedestrian, Chuck. The accident was caused by Mike's negligent driving. Chuck is now suing both Mike and Frank's for personal injuries. Under the circumstances
A. Frank's is never liable for the negligent torts of its agents.B. Frank's is not liable because Mike was on a frolic of his own.C. Chuck can recover damages from both Frank's and Mike.D. Frank's is liable under the doctrine of respondeat superior.
Business
1 answer:
Harrizon [31]3 years ago
8 0

Answer:

B. is not liable because Mike was on a frolic of his own.

Explanation:

Mike who is a dispatch rider, decided to see his girlfriend, Jackie, who lived 50 miles off his pizza route. He had an accident while driving to his girlfriend's, and injured a pedestrian, Chuck due to his negligent driving.

Under the circumstances, Frank's Pizza isn't liable because Mike was on a frolic of his own. Mike embarking on a 50 mile drive to see his girlfriend is frolicsome and outside the scope of his employment as a delivery agent.

Hence, this will absolve his employer from any liability as he wasn't working on the designated route at the time.

You might be interested in
The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o
Flauer [41]

Answer:

a. $1.08

Explanation:

Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:

A= \$22,407+\$2,715+\$3,908\\A=\$29,030

The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:

TAT=\frac{sales}{assets}=\frac{\$31,350}{\$29,030} \\TAT = \$1.08

$1.08 worth of sales are generated from every $1 in total assets.

7 0
3 years ago
Techno Company sells mobile phones worldwide. The company expects to sell 4100 comma 100 mobile phones for $ 185 each in January
Serggg [28]

Answer:

See the explanation below.

Explanation:

Note: The 4,100 correct units for January is used instead of the mistakenly written one in the question.

1. Prepare the sales budget for January and February.

January sales revenue budget =  4,100 * $220 = $902,000

February sales revenue budget = 3.800 * $220 = $836,000

2. Prepare the​ company's cost of goods​ sold

Cost of good sold

January cost of good sold budget = $902,000 * 50% = $451,000

February cost of good sold budget = $836,000 * 50% = $418,000

Inventory

March sales revenue budget = 4.600 * $280 = $1,288,000

March cost of good sold budget = $1,288,000 * 50% = $644,000

January ending inventory = $9,000 + (50% * $418,000) = $218,000

February ending inventory = $9,000 + (50% * $644,000) = $331,000

Purchase

Beginning inventory + Purchases - ending inventory = cost of good sold

Purchases = Cost of good - Beginning inventory + Ending inventory

January purchases budget = $451,000 - 0 + $218,000 = $699,000

February purchases budget = $418,000 - $218,000 + $331,000 = $531,000

3 0
3 years ago
H.T. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory informatio
jeyben [28]

Answer:

H.T. Tan Company

Computation of the Ending Inventory, using lower of cost or net realizable value:

Item     Quantity   (FIFO cost)    Net Realizable Value     Valuation

A            50               $15                   $12                           $600 ($12 x 50)

B            80                30                     40                        $2,400 ($30 x 80)

C            10                48                     52                            $480 ($48 x 10)

D           70                25                     30                          $1,750 ($25 x 70)

E         350                10                        5                         $1,750 ($5 x 350)

Total   560                                                                     $6,980

Explanation:

Conservatism principle requires that in valuing inventory, an entity should choose a method that does not overstate the inventory value.  The LCNRV method meets this requirement.  The method takes the lower of the historical cost of the goods and the market price to determine the value of inventory.

3 0
4 years ago
Economists agree that ________________ inflation reduces real output.
Romashka [77]
Answer:  "cost-push" .
__________________________________
7 0
3 years ago
Maintenance costs for pollution control equipment on a call for an s are expected to be $180,000 now and another $70,000.03 year
hodyreva [135]

Answer:

Annual cost = −64,083

Explanation:

Present maintenance costs = $180000

Maintenance costs after three years = $70000

Real interest rate = 9%

Inflation rate = 3%

Inflation adjusted interest rate, r = 0.09 + 0.03 + (0.09)(0.03)  = 12.27% per year

Annual cost = −180,000(A/P,12.27%,5) –70,000(P/F,12.27%,3)(A/P,12.27%,5)

Annual cost = −180,000(0.27927)–70,000(0.70666)(0.27927)

Annual cost = −64,083

4 0
3 years ago
Other questions:
  • The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:
    11·1 answer
  • Which of the following is true of cellphone communication?​ ​It is free from policies and legal restrictions. ​It is cost-effect
    5·1 answer
  • White Company budgeted for $200,000 of fixed overhead cost and volume of 40,000 units. During the year, the company produced and
    7·1 answer
  • Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will
    15·1 answer
  • Churchill Automobiles is a delivery truck manufacturer. It is a new company and wants to gather information on how to improve th
    15·1 answer
  • _____ Web sites are dedicated to employment opportunities with a given city, state, or country.
    13·1 answer
  • Will name brainliest
    14·2 answers
  • Use the following quote to answer the question.
    10·1 answer
  • It takes 120 newspapers to fill 8 recycling bins. What is the unit rate in newspapers per recycling bin? 8 newspapers per recycl
    9·1 answer
  • Recently, Glenda Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was eithe
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!