Explanation:
1. Ragged mountains assertion of defense is '<u>assumption of risk</u><u>'</u><u>.</u><u> </u>In this scenario, Elaine Sweeney exposed herself to risk while snow tubing at the absence of an instructor. snow tube run is solely for snow tubers. ragged mountain can use this defense
2. new hampshire has prohibited people from suing for injuries received due to skiing risks. in a case of this sort, ms Elaine would be assumed to know all possible risks involved. the defendant will be favored since it has been advised that people should not go into sports of these sorts witout good training and an instructor.
3. no Elaine's lawsuit will not be successful if the conclusion of the court is that the statue applies to skiing and not to snow tubing. one should be cautious during snow tubing. she went snow tubing without proper care. it is likely that she may not win the case.
4. the theory is <u>contributor</u><u>y</u><u> </u><u>neglige</u><u>nce</u><u> </u><u>theor</u><u>y</u><u>.</u><u> </u>her damages is going to be reduced in proportion with the actions that has brought about her accident. for this reason she is partly responsible.
Answer:
$5572500
Explanation:
consolidated cost of goods sold for 2020 would be:
consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )
= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}
= 6600000 - 1040000 - ( 97500 * 45/65 )
= $5572500
Answer:
Ending inventory cost= $1,494
Explanation:
Giving the following information:
Beginning Inventory: 300 $780
Purchases:
May 10: 400 units for $1,170
June 15: 500 units for $1,260 ($2.52 per unit)
August 28: 300 units for $990 ($3.3 per unit)
The company had 500 units were in its ending inventory at the end of the year.
Under FIFO (first-in, first-out), the ending inventory cost is calculated using the cost of the last units incorporated.
Ending inventory cost= 300*3.3 + 200*2.52= $1,494
Answer:
95%, 73.1%
Explanation:
Actual output= 950 per year
Design capacity= 1300 per year (Theoretical capacity)
Effective capacity= 1000 per year (efficiency of the shop)
Now Efficiency = actual output/effective capacity = 950/1000 = 0.95, 95.0%
Utilization= actual output/ design capacity = 950/1300 = 0.7308, 73.1%
Answer:
a. $21,800
Explanation:
The discoun of issuance of the bond is amortized over the period until maturity. Total Interest expesne on a discounted bond is the sum of the coupon payment and the amortization of the discount amount.
Coupon payment = $200,000 x 10% = $20,000 per year
Discount on the bond = $200,000 - $191,000 = $9,000
Discount amotized per year = $9,000 / 5 = $1,800
Total Interest Expense = Coupon Payment + Amortization of Discount
Total Interest Expense = 20,000 + 1800 = $21,800