a bailee has a right to the reimbusrement of costs incurred in keeping the bailed porperty even in a gratious bailment. t/f
Answers
It is TRUE that, A bailee has a right to the reimbursement of costs incurred in keeping the bailed property even in a gratious bailment.
Reimbursement is the term used to describe the payment of money to an employee, customer, or other party as compensation for a business expense, insurance, tax, or other costs.Out-of-pocket expenses like travel and food are covered by business expense reimbursements.Employees who travel for work are reimbursed daily rates known as per diem rates.Refunds for taxes paid are a way for the government to compensate taxpayers.Organizations have a stake in making sure that reimbursements are only given for valid justifications.Companies may also pay for other kinds of expenses incurred by staff members, like continuing education courses or college tuition.Learn more about Reimbursement, here
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Related Questions
How much yearly revenue does soccer brings in?
Answers
Answer:
Soccer is a sport which gets majority of its revenue from television rights and tournament sponsors.
The Men’s World Cup tournament is known by the governing body, FIFA to generate more money than any other tournament. FIFA was believed to have earned more than $6 billion in its last organized men’s tournament.
This translates that the total revenue soccer brings in is in the region of hundreds of billions of dollars.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Please Help!!!!!!!!!!!!! Watch the Video and Answer the Question!
Briefly describe in your own words the history of Capitalism and Socialism. How and where did each of these systems start? Describe how each system works. Use evidence from the video to support your answer.
Capitalism and Socialism: Crash Course World History #33:
Answers
Answer:
WHAT VIDEO
Explanation:
Answer:
uhm there is no video lol send a link and maybe i can help! :)
Explanation:
Jackie is the owner of a furniture store. Last year, her total revenue was $500,000 and her total labor costs were $200,000. Her overhead expenses, including insurance and legal fees, were $175,000. The rent on the building was $45,000. Jackie could earn $105,000 per year working at a nearby furniture distributor. From this information, we know that her accounting profit was
Answers
Answer:
$105,000
Explanation:
Jackie's accounting profit is $105,000 as seen from the question. This is because an addition of her expenses comes in at under $500,000. That is, when you add labor costs, insurance and legal fees as well as rent, she has a remainder of about $105,000.
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filipino shrimpers practice dumping by selling their catch to u.s. customers at a price that is higher than the price of shrimp caught in the united states.
Answers
It is true that Filipino shrimpers practice dumping by selling the catch to U.S. customers at price that is higher than price of shrimp caught in United States.
What is a customer?A customer is a person or entity who purchases goods or services from a business in exchange for payment. Customers are the lifeblood of any business, as they generate revenue and sustain the company's operations. They are the reason why businesses exist and the primary focus of marketing efforts. Customer satisfaction is crucial to the success of a business, as it leads to repeat business, positive word-of-mouth referrals, and brand loyalty. A good customer experience can lead to increased sales and profits, while a poor experience can have a negative impact on the business's reputation. Therefore, businesses must strive to understand their customers' needs and preferences and provide exceptional service to retain them.
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Complete Question:
Filipino shrimpers practice dumping by selling their catch to u.s. customers at a price that is higher than the price of shrimp caught in the united states. Is True or False?
26) The first step in assembling a project team is to: A) Talk to potential team members. B) Identify the required skills. C) Negotiate with the functional supervisor. D) Notify top management.
Answers
In project management, the first step in assembling a project team is to: B) Identify the required skills.
What is a project team?A project team can be defined as a group of people with common aims, goals and objectives that are assembled by a project manager, in order to execute and implement a project successfully.
This ultimately implies that, project management is focused on team building and the execution of a project by the team members.
In project management, the first step in assembling a project team is to identify the requisite skills for the planning, execution and implementation of a project.
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A team suffering from resentment among team members should work on its ______. A. Long term goals b. Job satisfaction c. Communication d. Customer service Please select the best answer from the choices provided A B C D.
Answers
Answer:
C
Explanation:
a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answers
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow. Fixed expenses total 475,800 per year. The Republic of Palau uses the U.S. dollar as its currency.
(b) The company has developed a new product to be called Samoan Delight. Assume that the company could sell 10,000 units at 45 each. The variable expenses would be 36 each. The company's fixed expenses would not change. (i). Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change). (ii). Compute the company's new break-even point in dollars and the new margin of safety in both dollars and percent.
Answers
Break-even point in dollar sales = fixed expense/contribution margin ratio
Break even point in dollar sales = 475800 /49% = $971020
the margin of safety = actual sales - break-even sales
margin of safety = 1250000 - 971020 = $278980
The margin of safety percentage = margin of safety/actual sales
Margin of safety percentage = 278980 / 1250000 = 22.32%.
Generally, to calculate the break-even point for your business, divide your fixed costs by your gross profit margin. This gives the company the amount it needs to reach breakeven. When it comes to stocks, if a trader buys a stock with his $200, and nine months later he drops from $250 and then he hits $200 again, it's gone bankrupt.
The breakeven point is the point where total costs equal total revenues. In other words, there is no loss and no profit for SMEs. This means that we have reached a stage of production where the cost of production equals the revenue of the product.
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Please answer both questions
Answers
Answer:
Question 3: Product based
Question 4: Service based
Explanation:
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What is an advertising mix?
a. choosing the right demographic to be your target customer
b. creating an advertising budget and a subsequent plan
c. choosing multiple advertising media to deliver your message to the target customer
d. focusing on conveying the benefits of the product before discussing its features
Answers
Answer:
C
Explanation:
User charges may represent as much as _____ of a given cities revenue share – which in some circumstances even exceeds property taxes in the amount collected.
Answers
Users of specific services provided by a city or municipality, such as water and sewer services, parking fees, and recreational services.
User charges are fees paid by users of specific services provided by a city or municipality, such as water and sewer services, parking fees, and recreational services.
These charges are a significant source of revenue for many cities, and in some cases, they can even surpass the amount collected through property taxes. The exact percentage of a city's revenue share that comes from user charges can vary widely, depending on factors such as the size of the city, the nature of the services provided, and the fees charged. However, in some cases, user charges can represent as much as 30% or more of a city's total revenue. This reliance on user charges as a source of revenue has both advantages and disadvantages. On the one hand, it allows cities to fund specific services based on the users' consumption of those services, rather than burdening all taxpayers with the cost. On the other hand, it can create a financial barrier for some residents, especially those with lower incomes, who may struggle to pay these fees.
In conclusion, while the percentage of a city's revenue share that comes from user charges may vary, it is clear that these fees are an essential source of income for many cities. As such, it is crucial for cities to balance the benefits and drawbacks of relying on user charges and ensure that they are being used effectively and equitably.
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The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
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Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.
Explanation:
5. a life annuity immediate provides payments of 10, 8, 6 and 4 in the first four years, followed by payments of 2 per year thereafter. you are given: i. ii. iii. iv. v. calculate the actuarial present value of this annuity.
Answers
The actuarial present value of this annuity is $48.16.
To calculate the actuarial present value, we need to determine the present value of each payment using a specific discount rate. For this annuity, the payments in the first four years are 10, 8, 6, and 4, while the payments in subsequent years are 2.
Using a discount rate of 4%, the present value of the first payment is 9.52, the second is 8.64, the third is 7.68, the fourth is 6.64, and the fifth and subsequent payments are 1.92 each. The total present value of all the payments is the sum of the present value of each payment, which is $48.16.
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What is the first step of the business impact assessment process?
A) Identification of priorities
B) Likelihood assessment
C) Risk identification
D) Resource prioritization
Answers
Answer:
The Answer is D
Explanation:
It is D because you will have to organize your tasks before you do anything else.
fiscal policy refers to the idea that aggregate demand is affected by changes in
Answers
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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In one week, jedidiah schlepp can produce 24 gizmos or 20 whatsits. what is the opportunity cost ratio in gizmos per whatsit? give the answer to one decimal place.
Answers
The opportunity cost ratio in gizmos per whatsit is 1.2 to 1 or 1.2:1. Rounded to one decimal place, the opportunity cost ratio in gizmos per whatsit is 1.2.
The opportunity cost ratio measures the trade-off between producing gizmos and producing whatsits.
It tells us how many gizmos we would have to give up to produce one additional whatsit.
To calculate the opportunity cost ratio in gizmos per whatsit, we need to determine the ratio of the number of gizmos that could be produced in the same time it takes to produce one whatsit.
Jedidiah schlepp can produce 24 gizmos or 20 whatsits in one week. Therefore, to produce one whatsit, the opportunity cost in gizmos is:
Opportunity cost = number of gizmos that could be produced in the same time / number of whatsits produced
Opportunity cost = 24 / 20
Opportunity cost = 1.2
This means that Jedidiah Schlepp would have to give up 1.2 gizmos to produce one additional whatsit.
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tb mc qu. 4-169 (algo) parker, incorpoated had a beginning balance in its... parker, incorpoated had a beginning balance in its retained earnings account of $386,450. during the year, the company declared and paid a $4,870 dividend and, at the end of the year, it reported retained earnings of $401,560. the company's net income for the year was:
Answers
Answer : Parker, Incorporated's net income for the year was $19,980.
The retained earnings are considered to be a part of the stockholder's equity, which includes common stock and paid-in capital, among other things. The retained earnings are calculated by subtracting the dividends declared from the net income for a given period. The remaining portion is then added to the beginning balance of retained earnings to arrive at the ending balance.
The formula for calculating retained earnings is as follows: Retained earnings = Beginning balance of retained earnings + Net income - Dividends declaredIn this case, Parker, Incorporated had a beginning balance of $386,450 in its retained earnings account. The company declared and paid a $4,870 dividend during the year, which means that the dividends declared are $4,870.
Furthermore, at the end of the year, the company reported a retained earnings balance of $401,560. We can determine the company's net income for the year by using the formula for calculating retained earnings and solving for net income:Net income = Retained earnings - Beginning balance of retained earnings + Dividends declared , Net income = $401,560 - $386,450 + $4,870 and Net income = $19,980
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the type of ownership in which each restaurant is the same in the ownership of each restaurant is the same as known as which of the following?
A. food service cooperation
B. Food service franchise
C. Independent food service operation
D. Food service chain
Answers
Answer:
D. Food service chain
Explanation:
In business ownership, a chain of restaurants refers to several restaurants owned by one organization. In other words, in a food service chain, the owner(s) will have many branches located in different locations. Because the restaurant belongs to one entity, they are similar in appearance and operations.
A chain of business is different from a franchise business. In a franchise, the branches are identical but have different owners.
Monopolist on Q Market Monopsonist on L Market P = 100 - Q W = 10 + L Q = 2L Find L a. 30 b. 20 c. 19 O d. 21 e. 15
Answers
In a market with a monopolist on the Q side and a monopsonist on the L side, the equilibrium quantity of labor (L) is 30. The correct answer is option A.
To find the equilibrium quantity (L) in the given scenario, we need to analyze the market conditions and the behavior of the monopolist and monopsonist.In this case, the monopolist sets the price (P) in the Q market according to the equation P = 100 - Q, where Q represents the quantity of goods. Meanwhile, the monopsonist determines the wage (W) in the L market using the equation W = 10 + L, where L represents the quantity of labor.To find the equilibrium, we need to equate the quantity in both markets. We can use the given equation Q = 2L to substitute for Q in the monopolist's price equation: P = 100 - (2L).To find the equilibrium L, we need to determine when the monopolist's price equals the monopsonist's wage. We set P equal to W: 100 - (2L) = 10 + L.Simplifying the equation, we get: 90 = 3L.Dividing both sides by 3, we find: L = 30.Therefore, the equilibrium quantity of labor (L) in this scenario is 30, so the correct answer is option a.For more questions on monopolists
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which of the following can is an example of crowdsourcing? question 17 options: a multimedia company releases a game in the market for the first time. an eco-friendly apparel store, invites users to submit designs for its new range of ethnic wear on its online platform. a toy making firm outsources its research and development to an external vendor to gain competitive advantage. a retail firm removes most of its channel partners from its supply chain to deal directly with customers.
Answers
An example of crowdsourcing is when an eco-friendly clothing retailer asks customers to contribute ideas for a new line of ethnic clothing on its online platform. Here option B is the correct answer.
Crowdsourcing is a process of obtaining services or ideas from a large and undefined group of people, typically through the internet.
In this context, option B, where an eco-friendly apparel store invites users to submit designs for its new range of ethnic wear, is an example of crowdsourcing as the company is seeking ideas and contributions from a large and undefined group of people.
The other options do not involve seeking input or contributions from a large and undefined group of people and are therefore not examples of crowdsourcing.
Complete question:
which of the following can be an example of crowdsourcing?
A - a multimedia company releases a game in the market for the first time.
B - an eco-friendly apparel store, invites users to submit designs for its new range of ethnic wear on its online platform.
C - a toy-making firm outsources its research and development to an external vendor to gain a competitive advantage.
D - a retail firm removes most of its channel partners from its supply chain to deal directly with customers.
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Summer Leasing received $12,000 for 24months rent in advance. How should Summer record this transaction
Answers
Summer Leasing should record this transaction as unearned revenue in the balance sheet.
Unearned revenue refers to the cash received for services or products that have not yet been delivered. This is a liability account and will be recognized as revenue gradually over the 24 months of the lease agreement. Two main accounts that are affected in this transaction are cash and unearned revenue.Summer Leasing should record the received amount of $12,000 as a liability in the balance sheet. The account title will be unearned revenue. The cash received in advance will be recorded as cash in the balance sheet. As the 24 months progress, a portion of the unearned revenue will be recognized as revenue on the income statement. The journal entry to record this will be debit unearned revenue and credit revenue.
A financial statement that details a company's assets, liabilities, and shareholder equity at a given time is referred to as a balance sheet. The basis for calculating investor returns and assessing a company's capital structure can be found in balance sheets.
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beginning inventory is $20,000. purchases of inventory during the year are $100,000. ending inventory is $50,000. what is cost of goods sold?
Answers
Answer: $70,000
Explanation: Add ending + Beginning
The cost of goods sold as per the given data of inventories and purchases of inventory is $70,000 during the year.
What is inventory?The products, resources, and equipment that a company keeps on hand in advance of selling them to customers for a profit are referred to as inventory. One can fulfill the needs of your clients and can save money by using inventory management.
The inventory that appears at the beginning of the year refers to as the beginning inventory whereas the inventory which remains at the end of the financial year in business is referred to as the ending inventory.
The calculation for the cost of goods sold
beginning inventory = $20,000
ending inventory = $50,000
purchases of inventory = $100,000
COGS = the starting inventory + purchases – ending inventory
= (20,000+100,000)-50,000
= 120,000- 50,000
= 70,000
Therefore, the Cost of goods sold is $70,000.
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What incentive motivates a manufacturer to sell a product?.
Answers
Answer:
Profit is a major incentive to motivate a manufacturer to devote resources to the fabrication of a product so that it can be sold. Making sales and profits defines the bottom line and is the objective of most entities in the manufacturing industry.
An increase in Profit or sale of the product can motivate a manufacturer to sell a product.
A manufacturer is a person who creates products with the intention of selling them in the market and the company who makes the products that is called a manufacturing company. A manufacturer's primary motivation is to earn profit from his product when it is sold.
Profit is an important incentive that leads manufacturers to carry the risks of business failure, and Low prices are an incentive for buyers to pay their money now. Higher prices are an incentive for sellers to increase production to create more goods.
Thus, the incentive is an increase in Profit or sales to motivates a manufacturer.
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What are the remedial measures of unemployment in nepal?explain
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were do Michael works a a.bakery or b. restaurant
Answers
Answer:
b. restaurant
Explanation:
Why do consumer advocates advise against using alternative financial services?.
Answers
Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
What is a financial service?It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.
In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
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a purchased intangible is valued at its original cost. original cost for acquiring a patent would include:
Answers
Answer: Legal costs to acquire, Required filing fees, Purchase price
Explanation:
You have almost completed your analysis of Companies A and B and are scheduled to deliver your proposal to the board. While researching to ensure accurate and up-to-date data, you learn that two of Company B's aircraft have been grounded over the past couple of months due to technical issues, one of which could have been an FAA safety violation.
The subsequent investigations, technical repairs, and grounded flights have led to a 10% drop in their revenue over the last month. Mitigation expenses have added about $80,000 to their operating costs. Company B has also suffered negative customer feedback due to some of the ground crew's mishandling of the situation.
In this assignment, you will write an executive summary to capture the situation and share your analysis and perspective on how these safety issues might affect your acquisition recommendation.
Prompt
Write an executive summary describing the newly discovered concerns and your analysis of the situation at Company B.
Specifically, you must address the following rubric criteria:
Summarize the safety issues and their direct impact on the company over the past month.
Describe how this news affects factors other than revenue, which will then affect the company's value.
How does this affect your initial performance evaluation and analysis of the company?
Do you see any additional risks? Explain.
Will it impact your recommendation about acquisition? Why or why not?
What additional information about this situation will you need to make your final decision?
Answers
Company B has recently faced safety issues with two grounded aircraft, including a potential FAA safety violation. As a result, their revenue has dropped by 10% in past month, operating costs have increased by $80,000 due to mitigation expenses.
The safety issues at Company B have had a significant impact beyond just revenue. The negative customer feedback and reputation damage can result in a loss of customer trust and loyalty. This, in turn, can affect factors such as market share, brand value, or long-term customer relationships. Considering the newly discovered concerns, the initial performance evaluation and analysis of Company B would need to be revised. The additional risks associated with this situation include potential lawsuits, penalties, and regulatory scrutiny if the safety violations are confirmed. The recommendation about acquisition needs to be reconsidered in light of these safety issues.
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which principle defines how many times something repeats.
Answers
The principle that defines how many times something repeats itself is called the repetition compulsion.
This psychological principle was studied by psychoanalyst Freud as an essential component for mental analysis, as the discovery of patterns of repetitive behavior is aimed at the unconscious and instinctive search for:
pleasure and to avoid contempt.Therefore, repetition compulsion is related to repetition of behaviors in the form of dreams and neuroses in the form of the individual unconsciously seeking to assume a slightly more dominant role over an event that may have generated trauma.
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