answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
2 years ago
12

Joel borrows his brother's boat for the month of June, as he has done for the past few years. In the past, Joel has fixed anythi

ng on the boat that he notices needs to be repaired while he is using the boat, and his brother has paid him for any improvements he made, grateful not to have to take the boat in for regular maintenance. This year Joel sees that the boat's steering wheel is broken and puts in a new one. When he returns the boat, Joel's brother says he thinks the new steering wheel is ugly and will not pay for it. Assuming that it cannot be removed without damaging the boat, does Joel's brother need to pay Joel?
a. Yes, if the new steering wheel improves the value of the boat.
b. No, because Joel's brother did not agree to pay for improvements in advance.
c. No, because the steering wheel is a gift.
d. Yes, if the old steering wheel would have damaged the boat.
Business
1 answer:
baherus [9]2 years ago
7 0

Answer:

The correct answer is the option D: Yes, if the old steering wheel would have damaged the boat.

Explanation:

To begin with, in the case presented Joel's brother seems to be quite pleasent with the fact that Joel is repairing the boat once year so that means that he does not need to take the boat in for regular maintenance so therefore that he saves money due to the work done by Joel. That is the reason why if the steering wheel would have damaged the boat if it was not replaced then the cost that Joel's brother would have paid in order to repair all the damaged done by the wheel would have been much greater than just the cost of the steering wheel itself. Moreover, it is quite understood that they both had a tacit agreement that has been there for many years so therefore that Joel's brother must pay him otherwise, plus if the new wheel improves the value of the boat as well.

You might be interested in
Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
Reika [66]

Answer:

(3) $3,750,000

Explanation:

The computation of the expect monthly sales to be as high is shown below:

Given that

Sales per month = $300,000

Royalty payments = 8% of sales

So, the expected monthly sales would be

= Sales per month ÷ Royalty payments percentage

= $300,000 ÷ 8%

= $3,750,000

We simply divided the sales per month by the royalty payment percentage i.e 8%

5 0
2 years ago
A car parts company decides to discontinue the production of its lowest-selling products and instead focuses on its areas of exp
Ludmilka [50]

Answer:

A) Core Competency

Explanation:

Core Competency

Core competency refers to an organisation's strategic advantage over its competitors, it means the capabilities and the resources that a business must find, cultivate and explore in order to have an advantage over its competitors in the same line of business.

In order for an activity to be defined as a business' core competence, that activity must be unique, making it difficult for others to re-produce an it must also produce a unique level of benefit or value for the consumers of the product.

Since the car parts company has innovated a new automobile product with unique value, <u>It has cultivated and explored its core competency </u>

7 0
2 years ago
Read 2 more answers
Starfish Shells had a beginning balance in Notes Payable of $35,000 and an ending balance of $40,000. This will be reported as _
prohojiy [21]

Answer:

an increase of $5,000 in the cash flows from financing activities

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash, and the increase in note payable is also recorded

The computation is shown below:

= Ending balance of note payable - beginning balance of note payable

= $40,000 - $35,000

= $5,000

8 0
2 years ago
Select the pathway that best matches each career.
podryga [215]

Answer:1 is construction 2 is design/pre-construction 3 maintenace/operations 4 construction 5 design/pre-construction

Explanation:

i got them all right

5 0
2 years ago
Read 2 more answers
Assume an unlevered firm has total assets of $6,000, earnings before interest and taxes of $600, and 500 shares of stock outstan
RideAnS [48]

Answer:

The amount of the change in the earnings per share as a result of this change in the capital structure will be $0.16

Explanation:

                                                                     all equity       equity and debt

expected EBIT                                               $600                  $600

interest                                                              (-)                     ($192)

profit before tax                                              $600                  $408

tax                                                                      (-)                         (-)

earnings to equity share holders                   $600                   $408

number of equity sahes                                    500                      300

earnings per share                                           $1.20                     $1.36

change in the earnings per share  = $1.36 -  $1.20

                                                         = $0.16

Therefore, The amount of the change in the earnings per share as a result of this change in the capital structure will be $0.16

7 0
2 years ago
Other questions:
  • A professional gambler moves from a state where gambling is illegal to a state where gam-bling is legal. Most of his income was,
    12·1 answer
  • What made Sarah Butler decide to do the work she is doing?
    9·2 answers
  • Yancey Productions is a film studio that uses a job-order costing system. The company’s direct materials consist of items such a
    9·1 answer
  • On a bank's T-account, which are part of the bank’s assets? a. both deposits made by its customers and reserves b. deposits made
    12·1 answer
  • Marston Manufacturing Company is considering a project that requires an investment in new equipment of $4,200,000, with an addit
    7·1 answer
  • For more than a thousand years, the Catholic Church required its members to abstain from meat on Fridays. Catholics customarily
    5·1 answer
  • The fact that one department may be labor intensive while another department is machine intensive explains in part why multiple
    11·1 answer
  • Beta Limited has opening PP&amp;E balance of 150, a depreciation expense of 75, and a closing PP&amp;E balance of 170, what is B
    11·2 answers
  • The ________ theory states that when an aspect of the market makes a transaction (e.g. exporting a product or service) less effi
    7·1 answer
  • A(n) _____ is a picture of the relationships among tasks and those employees given authority to do those tasks.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!