Answer:
The amount of $224,000 should Blevert report as a liability at December 31, 2017
Explanation:
For computing the liability amount, we have to do the following calculations which is shown below:
= (Total sales value over the three year × sum of estimated warranty cost percentage for three year) - total warranty expenditure
= {$4,000,000 × (1% + 3% + 5%)} - ($136,000)
= {$4,000,000 × 9%} - ($136,000)
= $360,000 - $136,000
= $224,000
Answer:
I should not accept the bet; the precise level of risk aversion does matter.
Explanation:
Risk averse person is the one who is not willing to take the risk even if he is given high returns. Risk averse person will always avoid the risks. In the given scenario the person is risk averse. If he rolls out the dice he has to pay $200 times the dice number which means he just have two chance (dice rolls 1 or dice rolls 2) for getting return otherwise he will loose the bet and he will have to pay money from the pocket.
Answer:
C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.
Explanation:
An increase in demand would lead to an increase in demand and price.
An increase in supply would lead to an increase in supply and a fall in price.
The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.
I hope my answer helps you
Okay? if you cash someone on a personal account that you know it’s safe. Depositing money into someone else’s account that you don’t know is bad.
Answer:
The correct option is (c)
Explanation:
Return on investment measures the attractiveness with respect to an investment. It evaluates the efficiency of a particular investment as compared to other investment opportunities.
It is computed by subtracting cost of investment from current value and divide the result by the cost.
In this case, buyer should estimate the return on investment in purchasing larger quantity to get discount and compare it with other investment opportunities. If it offers higher returns, then the buyer should go for this.
