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masha68 [24]
3 years ago
14

Jamie has been renting a ranch in Montana for years, but is ready for a change of scenery. She doesn't want to terminate her con

tract completely, so she asks her brother Jared to take it over. Jared agrees and is now primarily responsible for the contract terms. What is this scenario an example of
Business
1 answer:
Ann [662]3 years ago
5 0

Answer:

Acceptance

Explanation:

Since in the situation it is given that Jamie renting a ranch for a years to Montana but she is ready for change of scenery. also she dont want to end the contract entirely so instead of ending the contract she asked the same to his brother. His brother agrees to the contract so here the given situation represent an example of an acceptance as he is ready and responsible to the terms of the contract

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Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 unit
Naddika [18.5K]

Answer:

<em>The answer is 1645 or</em>

<em>Firm X        95+120        =215</em>

<em> Firm Y      450+ 800    =1250</em>

<em> Firm Z       80 + 100     = 180 </em>

<em>  Total                            = 1645</em>

Explanation

<em>From the question given, </em>

<em>The first to take is to Complete the following table with the total cost to each firm in reducing its pollution by 2 units.</em>

<em>                                     Cost of Eliminating/Elimination</em>

<em>            First unit of pollution second unit of pollution    Third unit of pollution</em>

<em>Firm               (dollars)                    (dollars)                               (dollars)</em>

<em>Firm X                95                            120                                    200</em>

<em>Firm Y              450                            800                                   1050</em>

<em>Firm Z                80                             100                                     150</em>

<em />

<em>Now the total cost to eliminate  2 units is</em>

<em> Firm X     95+120         =215</em>

<em> Firm Y      450+ 800    =1250</em>

<em> Firm Z       80 + 100     =  180 </em>

<em>  Total                            = 1645</em>

8 0
3 years ago
A property owner installs a new air conditioning system. how does this affect the property's effective age?
Rama09 [41]

The effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

<h3>What is a Property's Effective Age?</h3>

The effective age of a property can be described as the reflection of the true life of the property that is left remaining, based on the life expectancy that is typical of equipment or buildings that are similar to it and their usage.

So, when a property owner installs a new air conditioning system on a property, the air conditioning system, can cause wear and tear to the property which reduces how long the property can serve its purpose.

Therefore, we can conclude that the effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

Learn more about a Property's Effective Age on:

brainly.com/question/16490794

#SPJ4

6 0
2 years ago
On its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per
astraxan [27]

Answer and Explanation:

The computations are as follows

a. For basic earning per share

=  Net income ÷ Average number of outstanding common shares

=  ($16,888 - $1,483) ÷ 10462.282 shares

= $1.47 per share

b. Preferred stock dividends = Net income - Net income applicable to common shareholders

= $4,833 - $4,211

= $622

c. The net income applicable to common shareholders is

= Average number of common shares outstanding × Basic earning per share

= 10,527.818  × $0.40

= $4,211

d. The net income is

= Preference stock dividend + Net income applicable to common shareholders

= $1,349 + $10,583

= $11,932

e. Average number of common shares outstanding is

= Net income for common shareholders ÷ basic earning per share

= $10,583 ÷ $0.94

= $11,258.51

We simply applied the general formulas

8 0
4 years ago
Producer surplus is:
Elena L [17]

Answer: Option (d) is correct.

Explanation:

Producer surplus is associated with the producer of a good. Graphically, producer surplus is the area between the upper portion of supply curve and equilibrium price level. Producer surplus is also defined as the difference between the price at which sellers are willing supply and the actual price they received.

Producers surplus = Price paid by buyers - Cost of production

4 0
3 years ago
Which of the following is a key reason for using business-type accounting to account for proprietary fund activities? a. The mod
Sergio [31]

Answer: the corrcet answer is c. The measurement focus on all economic resources is more consistent with the GASB’s objectives that financial reporting should provide information to determine whether current-year revenues were sufficient to pay for current-year services.

Explanation:

The GASB stands for the Governmental Accounting Standards Board (GASB) and is the source of generally accepted accounting principles (GAAP) used by state and local governments in the United States. As with most of the entities involved in creating GAAP in the United States, it is a private, non-governmental organization. The answer is clear above; it only needed some clarification with the acronyms.

7 0
4 years ago
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