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Nutka1998 [239]
3 years ago
5

Some sellers put specific limitations in the warranty to limit the effectiveness of a warranty. Such a denial or repudiation in

an express warranty is known as:
Business
1 answer:
Anit [1.1K]3 years ago
3 0

Answer:

Disclaimer

Explanation:

Express warranties could be simply be described as the agreement which binds a seller and buyer during the purchase of a certain product. Express warranties usually gives buyers the opportunity to return the product to the seller if damaged within a specified period of tine. Express warranty usually has no borders. Tbe use of disclaimer is used by sellers in other to introduce clauses into an express warranty whereby certain terms and conditions are given before the warranty can be deemed as valid. These limitations inteoduced and are capable of voiding the express warranty is called a disclaimer.

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2 Points
Serhud [2]

Answer:

The minimum wage

Explanation:

5 0
3 years ago
Tri-coat Paints has a current market value of $50 per share with earnings of $5.97. What is the present value of its growth oppo
Gnesinka [82]

Answer: $0.25

Explanation:

Fron the question, we are informed that Tri-coat Paints has a current market value of $50 per share with earnings of $5.97. We are further told that the required return is 12%.

The present value of its growth opportunities (PVGO) will be:

= $50 - ($5.97/12%)

= $50 - ($5.97/0.12)

= $50 - $49.75

= $0.25

Therefore, the present value of its growth opportunities (PVGO) if the required return is 12% is $0.25.

6 0
3 years ago
How does innovation promote economic growth?
Dafna11 [192]
C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.

Hope this helps!
4 0
3 years ago
Assume that you are a vending machine dealer. You plan to purchase a vending machine for $200,000. One year later, you are expec
stepladder [879]

Answer:

1) 22%

2) YES as the return in the investment is 12% while the average cost of capital in this case; is of 8% hence there is a gain above the minimum accepted return.

Explanation:

-200,000 + \frac{224,000}{1+ IRR}  = 0

IRR = 12%

weighted-average cost of capital:

DEBT      80,000 x 5%   =   4,000

EQUITY 120,000 x 10% =<u> 12,000</u>

VALUE  200,000             16,000

16,000 / 200,000 = 8%

4 0
3 years ago
High Desert Pottery works makes a variety of pottery products that it sells to retailers. The company uses a job-order costing s
Nostrana [21]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate for each department:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Molding:

Predetermined manufacturing overhead rate= (174,000/87,000) + 3.2

Predetermined manufacturing overhead rate= $5.2 per machine hour

Painting:

Predetermined manufacturing overhead rate= 445,890/50,100 + 5.2

Predetermined manufacturing overhead rate= $14.1

<u>Now, we can allocate overhead to Job 205:</u>

<u />

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 5.2*350 + 14.1*132

Allocated MOH= $3,681.2

<u>Finally, the unitary cost of Job 205:</u>

<u />

Total cost= (938 + 1,220) + (720 + 1,020) + 3,681.2

Total cost= $7,579

Unitary cost= 7,579/22

Unitary cost= $344.51

6 0
3 years ago
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