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Keith_Richards [23]
3 years ago
13

Leroy ordered a DVD player for his son's birthday. While the manufacturer guaranteed that it would ship the player within ten bu

siness days, the player was not shipped until three months after Leroy placed his order. By the time the DVD player arrived, Leroy's son's birthday had long since passed. When the player arrived, Leroy refused to sign for it. Under these circumstances:
A. Leroy holds title to the DVD player.
B. The manufacturer can only regain title if it sues Leroy.
C. Leroy and the manufacture have joint title.
Business
1 answer:
mart [117]3 years ago
8 0

Answer:

C. Leroy and the manufacturer have joint title

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Solaris, Inc. has 2000 shares of 5%, $10 par value, cumulative preferred stock and 50000 shares of $1 par value common stock out
lubasha [3.4K]

The annual dividend on the preferred stock is $1000 in total.

<h3><u>What is an Annual dividend?</u></h3>
  • An annual dividend is a payment made by an insurance firm to its policyholders each year in the insurance sector. Annual dividends are most frequently given out in combination with plans that provide long-term disability insurance and permanent life insurance.
  • A payment made annually to an insurance policyholder, frequently under a long-term disability or permanent life insurance policy, is known as an annual dividend.
  • The insurance company's income, the success of investments, and the amount of money invested all affect the dividend amount.

Annual profits may be paid as cash, used to pay for further insurance, or added to premiums to lower future total payments.

The company has 2000 shares of 5% that is: (2000*5)/100 = 100

with a par value of $10, which becomes:

100*$10 = $1000.

Know more about Annual Dividend with the help of the given link:

brainly.com/question/15871366

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3 0
2 years ago
Jethro has a(n) ____________________ in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddlin
Alika [10]

Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

Absolute advantage refers to an individual's capacity to efficiently carry out a task when compared to other individuals or groups.

  • In economics, this broadly refers to the ability and capacity to produce and conduct an economic good or a particular service in a more efficient manner than the competitors.
  • In this case Jethro has an absolute advantage in all aspects of camping.
  • Within the constraints of the economic activity, production is more efficient and higher.
  • Fewer resources are required to produce a particular commodity and/or service that needs higher resources for the competitors.
  • With fewer inputs, the outputs stand maximized in the context of absolute advantage.

Therefore, Jethro has an absolute advantage in all aspects of camping: he is faster at carrying a backpack, gathering firewood, paddling a canoe, setting up tents, making a meal, and washing up.

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5 0
2 years ago
The management of Wengel Corporation is considering dropping product B90D. Data from the company's accounting system appear belo
slamgirl [31]

Answer:

Net loss of $24,600

Explanation:

Sales              $773,900

Variable Expenses ($402,100)

Contribution Margin $371,800

Avoidable Expenses of B90D

Fixed Manufacturing Expenses        $186,000

Fixed Selling and Admin Expenses  %161,200

Total Avoidable expenses                 $347,200

If the product B90D is discontinued,the contribution margin of $371,800 will be lost by Wengel corporation and costs of $347,200 will be saved.

Therefore there will be net loss of $(371,800-347,200) $24,600 to the company if the product is discontinued.

3 0
3 years ago
Time Remaining 27 minutes 24 seconds00:27:24Item 18Time Remaining 27 minutes 24 seconds00:27:24A(n) __________ curve shows the r
Elis [28]

Answer:

the answer is a demand curve

Explanation:

6 0
2 years ago
A hamburger factory produces 60,000 hamburgers each week. The equipment used costs $10,000 and will remain productive for four y
Liono4ka [1.6K]

Answer:

A. 195 hamburgers

B. Yes

Explanation:

The computation is shown below:

A. Productivity measure = (Annual output) ÷ (Annual labor cost + annual equipment cost)

where,

Annual output = 60,000 × 52 weeks = $3,120,000

Annual labor cost = $13,500

Annual equipment cost

= $10,000 ÷ 4

= $2,500

So, the productivity measure is

= ($3,120,000) ÷ ($13,500 + $2,500)

= 195 hamburgers

B. Productivity measure = (Annual output) ÷ (Annual labor cost + annual equipment cost)

where,

Annual output = 60,000 × 52 weeks = $3,120,000

Annual labor cost = $11,000

Annual equipment cost

= $13,000 ÷ 5

= $2,600

So, the productivity measure is

= ($3,120,000) ÷ ($11,000 + $2,600)

= 229 hamburgers

Since the productivity is increased from 195 hamburgers to 229 hamburgers so the equipment should be purchased.

7 0
3 years ago
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