$500,000
Break even =(fixed costs - contribution margin)
Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)
$350,000/.7 = $500,000
Answer:
OA
Explanation:
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Answer:
value of new lagoon will be $4.05 million
Explanation:
We have given cost = $2.3 million
It is given that new lagoon will be 65% larger
So size of lagoon will be 1+0.65 =1.65
Sizing exponent for this project is given 1.13
So x = 1.13
New lagoon is given by 
So new lagoon will be equal to 
$ million
So value of new lagoon will be $4.05 million
Answer:
a. Debit Unearned Rent Revenue, $4,500; Credit Rent Revenue, $4,500
Explanation:
When the company receives the $27,000 check for six months of advance rent, it records the unearned revenue in a liability account named Unearned Rent Revenue. The resulting journal entry is:
(Dr) Cash, $27,000
(Cr) Unearned Rent Revenue, $27,000
With the passing of each month, the company <em>earns</em> one-sixth (1/6) of the unearned rent revenue (or $4,500), essentially reclassifying the revenue from unearned to earned. Therefore, after one month, the resulting journal entry is:
(Dr) Unearned Rent Revenue, $4,500
(Cr) Rent Revenue, $4,500
Answer:
These are the options for the question:
- Breach of duty.
- Strict liability.
- Recklessness.
- Negligence per se
And this is the correct answer:
Explanation:
Negligence per se consist in act that is neglectful, or unlawful, because it explicitely violates a statue or regulation.
In this case, the statue was the new state law that required smoke detectors to be maintained. The company that installed the smoke detector inside Jose's house clearly did not maintain the detector because otherwise, it would have gone off when the fire started, and Jose probably would not have died.
It is a negligence per se from the smoke detector company, and Jose's wife can lawfully sue them for that very reason.
