Answer:
TRUE
Explanation:
It is true that if a costumer has a coupon for 30% off any skateboard and then another coupon for an extra 5% off a total purchase, you can simply add the coupons together to determine the discount as long as they are only buying one skateboard
.
The above assertion is correct because the amount of the skateboard will be the same as the amount for the sale, hence both percentages making up 35% can be applied to the skateboard amount.
<u>However if they buying more items than just a skateboard, the total amounts of the different items of purchase has to be added before applying the discount percentage.</u>
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Answer:
Company X has a lower assets to equity ratio in 2013 than in 2012.
Explanation:
As we can see from the data provided that the profit margin goes falls from 2013 to 2012
Moreover, the asset turnover ratio also falls so it would not be chosen
The last statement is true as debt is falls equity risen that represents assets to equity ratio
Hence, the last statement is true
Answer: Option E
Explanation: The difference between a partnership firm and a corporate firm is the extent of liability of the owners. In case of partnership firm the extent of liability of the partners are unlimited and their personal assets could be sold to pay off the debt in case of any default.
On the other hands, in case of corporate firm the extent of liability of owner is limited to their capital investment. In case of a company structure, the company and the owner are considered to be separate.
Hence from the above we can conclude that the correct option is E.
My fathers company for example is Murray Automotive and we have to pay for water, electricity, and the rent payment, these are just three examples. hope this helps!
Answer:
Frolic
Explanation:
According to the given situation, Mike is a driver of Frank Pizza. He used to deliver pizzas with designated route. Mike wanted to meet with her girlfriend who is living 50 miles out of the route of pizza. Mike injured a pedestrian, Chuck, while driving towards his girlfriend's. The accident was caused as a result of Mike's incompetent delivery truck service. Now chuck is trying to claim from Mile as well as Frank Pizza company.
Here, Frank pizza is not responsible as mike was frolic of his own. Mike was frolic as he want to meet his girlfriend which does not come to his duties.
Therefore, It will also clear his employer of any responsibility, since he at the time was not operating on the route designated.