Excavation, Inc., uses explosives to prepare land for construction projects. Strict liability is imposed on this activity because The activity is extremely risky
<h3>Option (C) is correct.</h3>
<u>Explanation:</u>
Excavation activity is an extremely risky activity. This activity has many accidents associated with it. every year many people die or get injured in accidents related to excavation. So due to the high risk associated with this strict liability is imposed on this activity.
Risks associated with excavation are explosion, gas escape, flooding, etc. Other dangers like hazardous atmospheres, the possibility of fatal accidents, Falling loads can also be there. These dangers are sudden and fail to give time to workers to escape. So before undertaking such activity permission must be obtained from the government.
Answer:
Smith will report an investment income of $56,000 in its income statement.
Explanation:
Based on the information given we were told that Smith made a purchased of the amount of $522,000 of Jones shares in which as of December 31, 2021, the Jones shares also had a fair value of the amount of $578,000 this means that Smith will report an investment income of $56,000 ($578,000-$522,000) in its income statement.
Answer:
The amount of cash collections from customers reported by Alex company for the year ended December 31, 2018 is $4,125,000.
Explanation:
Cash collection refers to the collection of cash from from an individual or a business whom invoice has been issued to. Any invoice unpaid are noted as being outstanding.
Cash collection fomular is therefore;
Cash collection = Sales on account + Cash sales + Decrease in accounts receivable
=$2,100,000 +$1,110,000 + $915,000
=$4,125,000
Answer: A) Give and explain counter-arguments against the arguments for each side.Note: the "counter-arguments" you are asked to give should oppose or answer the arguments on the other side as directly and convincingly as possible. They should not be simply unrelated arguments on the opposite side of the issue.
Explanation: When is talking about security is important to have different views, firstable you need to establish which are going to be your claims, premises or arguments, once you got it is important to search for information which can support your ideas, and once you have found it, counter-arguments are necessary to understand which are your weakest point, you need to know your counter-arguments and how people are likely to attack you, once you know the weak part of your speech you can defend it.
Answer:
Sales will be $353333.33
Explanation:
We have given fixed Cost = $ 38,600
Earning Required = $70,000
Contribution margin ratio = 30 %
Hence Contribution Required= Fixed Cost+Earning Required = $70000+$36000 = $106000
We know that contribution margin ratio is given by
Contribution margin ratio 
Sales = $353333.333
