Answer:
A) 24 hours
Explanation:
The Consumer Product Safety Act (CPSA) established the Consumer Product Safety Commission (CPSC) which is the government entity in charge of setting product safety standards, requesting recalls and banning products if necessary.
In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.
Answer:
$1,275
Explanation:
The computation of the amount of commission for paying is shown below:
= Invested amount × fund charges a load percentage
= $30,000 × 4.25%
= $1,275
By multiplying the invested amount with the fund charges a load percentage we can easily calculate the amount of commission and the same is to be considered
Answer:
$1.85
Explanation:
Fyaway travels reported a net income of $90,000 for the year 2021
During 2021 they declared and paid a cash dividend of $2,125
They also paid $10,000 as cash dividend in common stock
Flyway has 40,000 shares outstanding
Therefore the 2021 basic earning per share can be calculated as follows
$90,000-2,125
= $87,875
40,000 shares+(10,000 shares×9/12)
40,000 shares +(10,000×0.75)
40,000+7500
= 47,500
87,875/47,500
= $1.85
Hence the basic earning per share for 2021 is $1.85
