Answer:
superseding cause
Explanation:
According to my research on different liability law suits, I can say that based on the information provided within the question Iris will not be liable for this second set of injuries because the plane crash was a superseding cause. This refers to an accident that happens after another (initial accident) has already occurred in which an injury has happened. In this type of situation the person who caused the initial accident is not responsible for the second accident or injuries caused by it.
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Answer:
The per-share value of Marston’s preferred stock should be $92
Explanation:
The computation of the per-share value of Marston’s preferred stock is shown below:
= (Annual Dividend rate) ÷ (yields generation) × 100
= (5.75%) ÷ (6.25%) × 100
= $92
We simply divide the Annual Dividend rate by the yields generation or we can say it is a required rate of return.
All other information which is given in the question is not relevant. Hence, ignored it
The culture of this firm emphasises <u>Attention to Detail</u>
<u>Explanation:</u>
Attention to detail is a significant resume ability to incorporate. The capacity to control little bits of information with precision and centre is a pivotal expertise in a wide scope of employment fields.
You have that aptitude, so you gladly express extraordinary scrupulousness as one of the advantages on your resume.
Achieves careful quality and exactness when achieving an assignment through worry for every one of the territories in question. Conduct Indicators - Provides precise, reliable numbers on all desk work.
Answer:
$32,647
Explanation:
P=R(1-(1+i)^-n)/i
Where P=$140,000
R=?
i=14%
n=7 years
by putting above values in formula, we get
140,000=R (1-(1+.14)^-7)/.14
$140,000=R4.288
R=$140,000/4.288
R=$32,647
Answer and Explanation:
The Journal entry is shown below:-
Amount should be capitalized for new vehicle = Cost + Painting and new logo cost + Deluxe Roof rack and trailer hitch
= $15,600 + $6,600 + $2,900
= $25,100
We took the cost of painting and deluxe roof and trailer hitch costs into account as they are supposed to increase the vehicle's future benefits.
Depreciation = (Cost - Salvage Value) ÷ Number of Years
= ($25,100 - $6,300) ÷ 5
= $3,760 per year
In the year 2022 vehicle is used only for 6 months (July to Dec), depreciation expense for the year ended December 31, 2022 is
= $3,760 × 6 ÷ 12
= $1,880
So, the Journal entry is
Depreciation expense Dr, $1,880
To Accumulated Depreciation $1,880
(Being depreciation provided for the year 2022 is recorded)
Therefore for recording the depreciation provided for the year 2022 we simply debited the depreciation expenses while we credited the accumulated depreciation.