Answer:
$29.50
Explanation:
Contribution margin = price - variable cost
Variable cost if machine is purchased = $24.00 - $3.50 = $20.50
= $50.00 - $20.50 = $29.50
I hope my answer helps you
The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-year-old boy jumped in their pool and was injured. The boy's family will MOST likely sue the Gregors for negligence.
As there is negligence on gregors family part, which can be completely seen as they refused to put fence in their backyard.
Negligence is a failure to exercise ethical ruled care that was expected to be exercised amongst specified circumstances here refused to fence the pool in the backyard.
The area of tort law is known as negligence involves harm caused by failing to act as a form of carelessness possibly with given circumstance.
Learn more about negligence here
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Answer:
6.65
Explanation:
Firstly, we need to calculate company revenue as below;
Asset turnover = Company revenue/Company Asset => Company revenue = Company Asset x Asset turnover = 613,000 x 1.08 = 662,040.
Next, we will calulate company net income as below:
Net profit margin = Net income/Company revenue => Net income = Net profit margin x Company revenue = 6.2% x 662,040 = 41,046.48.
Finally, price-earnings ratio is calulated as below:
Price-earnings ratio = Stock price/Earning per share = 13/(41,046.48/21,000) = 6.65
<span>Project risk events tend to be unlikely early in a project, but that's also when they tend to be the most costly. This is because they are harder to predict. Unpredictable costs end up being the most costly as they are unmitigated.</span>
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
