1) Zahra and Joseph sign a contract worth $1,000. When Zahra breaks the contract, Joseph loses the $1,000. Which type of monetary award does Joseph receive if he is later awarded $1,000?A) Restitution.B) Compensatory damages.C) Incidental damages.D) Nominal damages.2) A manufacturer of a disposable butane lighter is sued for the wrongful death of two adults and a child under strict products liability law when the family's house burned down as a result of the six-year-old child setting bed clothes on fire using the manufacturer's butane lighter. The allegation against the manufacturer is based on the theory that the lighter was defective because it did not have a childproof device to prevent children from igniting the lighter. This butane lighter had the words: "Keep Out of Reach of Children" written on the outside of the lighter body. How strong of a case does the family's estate have in its strict product liability lawsuit against the manufacturer based on the lighter being a defective product?A) Strong, because the product only contained a warning to keep the lighter away from children, but did not provide a childproofing mechanism.B) Weak, because there was no evidence that the product was unreasonably dangerous in normal use.C) Weak, because it would be difficult to prove with certainty that the lighter was the cause of the fire.D) Strong, because lighters are unavoidably unsafe.

Answers

Answer 1

Answer:

1) Zahra and Joseph sign a contract worth $1,000. When Zahra breaks the contract, Joseph loses the $1,000. Which type of monetary award does Joseph receive if he is later awarded $1,000?

B) Compensatory damages.

Compensatory damages are awarded in order to compensate the non-breaching party for a loss resulting from the breach of the contract.

2) A manufacturer of a disposable butane lighter is sued for the wrongful death of two adults and a child under strict products liability law when the family's house burned down as a result of the six-year-old child setting bed clothes on fire using the manufacturer's butane lighter. The allegation against the manufacturer is based on the theory that the lighter was defective because it did not have a childproof device to prevent children from igniting the lighter. This butane lighter had the words: "Keep Out of Reach of Children" written on the outside of the lighter body. How strong of a case does the family's estate have in its strict product liability lawsuit against the manufacturer based on the lighter being a defective product?

B) Weak, because there was no evidence that the product was unreasonably dangerous in normal use.

In order for a manufacturer to be liable for selling an unreasonably dangerous product, the product must be unreasonably dangerous to use by a normal average consumer. In other words, in normal use, is the product dangerous to use or not? A lighter is a common product, it is not something extremely technical that requires special training for its use. It is also of common knowledge that lighters produce fire, and fire is dangerous.

Many normal products can be extremely dangerous if used in uncommon ways, e.g. if you drink Clorox you might get poisoned, but no one should be drinking Clorox. It is common sense. The manufacturer's liability exists when the product is dangerous to use under normal circumstances, but  a small child should not be allowed to play with lighters, nor matches, nor guns, nor electric circuits, nor anything else that represents a threat to their lives.

Products are meant to be used by normal users, and small children are not supposed to smoke or use a lighter. E.g. a small child can actually drive a car, and will probably get into an accident, but they are not supposed to drive a car. So the manufacturer is not responsible for selling an unreasonable dangerous product, the parent that allowed his/her kid to drive the car is responsible.


Related Questions

What is the primary goal of incentive programs for most businesses?
O to increase sales
O to enhance individual performance
O to enhance team performance
O to improve morale

Answers

Answer:

to improve morale

Explanation:

Businesses establish incentive programs to upright the employee's morale. Incentives motivate and keep workers happy and the workplace happy.  A business that uprights and maintains high morale in its employees enjoys numerous benefits. Some of the benefits include

Improved individual and team productivityImproves saleslow employee absenteeismlow employee turnover

g assume it takes the fed 4 months to understand that a demand shock has occurred in the economy, and another 1 month to adjust policy to the shock. the initial 4 month time period refers to the

Answers

Answer:

The answer is recognition lag

Explanation:

Recognition lag can be found in monetary policy and is the amount of time it takes a national government to react or respond to an economic shock, such as a sudden boom or bust.

Some types of policy lags include: decision lag, implementation lag and recognition lag.

If you observe suspicious activity relating to a client's application for a financial product, you must notify your Team Leader, District General Manager, or Franchisee immediately.
a. True
b. False

Answers

Answer:

True

Explanation:

In simple words, every individual working in the fiance industry have a moral obligation and rules to follow. Under these obligations the individuals have some duties to clients as per which if the worker see something inappropriate regarding the activity of their client, he or she should first report to their immediate supervisor or take outside suggestion before going to the authorities.

Hence the given statement is true.

Jerry permanently moved from Florida to California on January 1, 2019. He received $12,000 pension income during 2019 through a qualified plan from his former Florida employer. What amount of his qualified pension income is taxable by California

Answers

Answer:

$0

Explanation:

Based on the information given what will be the amount of his qualified pension income that is taxable by California will be $0 amount reason been that the income amount he received was from is formal Florida employer which will be received the following year, therefore that means that there would not be tax on the pension amount received.

Sea Company reports the following information regarding its production cost.
Units produced 52,000 units
Direct labor $45 per unit
Direct materials $38 per unit
Variable overhead $27 per unit
Fixed overhead $115,000 in total
Compute production cost per unit under variable costing.
A. $38.00
B. $112.21
C. $110.00
D. $83.00
E. $45.00

Answers

Answer:

hguhuh

Explanation:

Finding out how a product or service will do in a certain market is an example of this use of market research: identify if communications are effective identify if customer needs are being met identify threats and investigate the competition identify value lark this and retum Save and Exit Next​

Answers

Answer:

identify value

Explanation:

Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.

identify if communications are effective is used determine who the consumers are and the type of media preferred.

identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.

identify threats and investigate the competition is used to determine changes in consumer preferences and competition

Which one of the following statements is correct? Process costing systems assign costs to departments or processes for a time period. Process costing systems use periodic inventory systems. Production is continuous when a job-order costing is used to ensure that adequate quantities are on hand. Companies that produce many different products or services are more likely to use process costing systems.

Answers

Answer: Process costing systems assign costs to departments or processes for a time period.

Explanation:

Process costing is the costing method used for when production is done in batches or mass produced. The products are assumed to have the same cost.

For this reason therefore, process costing assigns all costs to batches which means that in a time period, costs would be assigned to departments or processes as it is assumed that all the products in the batch contributed the same cost to the department or process.

Reverend Isaiah receives an annual salary of $36,000 as a full-time minister. This includes $4,000 designated as rental allowance to pay utilities. Rev. Isaiah is not exempt from self-employment tax. How much must he include when figuring net income for self-employment tax

Answers

Answer: $36,000

Explanation:

When paying Income Tax, Reverend Isaiah will be allowed to deduct the money designated as rental allowance to pay utilities but when it comes to Self-employment taxes, he must include the entire salary he receives.

This means that the Reverend will have to include his entire annual salary of $36,000 when working out his Self-employment tax.

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,500; net cash used in investing activities was $11,000 and net cash used in financing activities was $13,500. If the beginning cash balance is $5,500, what is the ending cash balance

Answers

Answer:

$38,500

Explanation:

Sheridan's ending cash balance can be calculated as;

= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities

= $5,500 + $30,500 + $13,500 - $11,000

= $38,500

Therefore, the ending cash balance is $38,500

Assume you are bequeathed $500 by a long-lost cousin. You decide that, for the next year, you will put all that money in the bank until you decide what to do with it. The bank is currently paying an interest rate of 4%.
a. At the year's end you will have $______
b. At the year's end your savings will have increased by $________

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment (PV)= $500

Number of periods (n)= 1 year

Interest rate (i)= 4% = 0.04

To calculate the future value after one year, we need to use the following formula:

FV= PV*(1+i)^n

FV= 500*(1.04^1)

FV= $520

The savings increased by $20.

According to the PMQ Pizza Magazine, an estimate of pizza sales in the United States for the top 100 pizza companies was $44.3 billion in 2018. Below are the top 5 companies with the number of franchise units and total gross sales in $ millions.
Name Units sales
Domino's 14,490 12252
Pizza Hut 16,336 12034
Little Caesars Pizza 5365 4000
Papa John's International 5071 3695
California Pizza Kitchen 260 840
a. Using the data set, compute the sales per unit. (Enter the answers in $ millions. Round your answers to 3 decimal places.)
b. Construct a frequency distribution based on total sales.
Frequency Sales ($ millions)
O up to 1750
1750 up to 3500
3500 up to 5250
5250 up to 7000
7000 up to 8750
8750 up to 10500
10500 up to 12250
12250 up to 14000
Total
c. Construct a frequency distribution of companies based on per unit sales. (Enter the answers in $ millions.)
Frequency Per unit sales ($ millions)
0.0 up to 0.5
0.5 up to 1
1 up to 1.5
1.5 up to 2
2 up to 2.5
2.5 up to 3
3 up to 3.5
3.5 up to 4
Total

Answers

Answer:

PMQ Pizza Magazine

Estimate of Pizza Sales in the United States for top 100 pizza companies

a. Computation of the sales per franchise unit:

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845

Pizza Hut                           16,336       12,034              0.737

Little Caesars Pizza            5365        4,000              0.746

Papa John's International   5071        3,695              0.729

California Pizza Kitchen       260           840              3.231

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

Explanation:

a) Data and Calculations:

Total estimated sales in 2018 = $44.3 billion

Top 5 Companies Total gross sales in $ millions.

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845 (12,252/14,590)

Pizza Hut                           16,336       12,034              0.737 (12,034/16,336)

Little Caesars Pizza           5,365        4,000              0.746 (4,000/5,365)

Papa John's International  5,071        3,695              0.729 (3,695/5,071)

California Pizza Kitchen       260           840              3.231 (840/260)

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee), how much are you being charged in fees for the year?

Answers

Answer:

$23.4

Explanation:

Each week, the co-worker sends $30, the feed for transfers is 1.5%. The charges per week are

=1.5 % of $30

=1.5% x $30

=0.015 x $30

=$0.45

One year has 52 week, The charge per year will be

=$0.45 x 52

=$23.4

Blue Spruce Corp. purchases a patent for $320,000 on January 2, 2022. Its estimated useful life is 16 years. Prepare the journal entry to record amortization expense for the first year.

Answers

whatt ? ignore the answer above , show me the answer choices.

4pass Inc. just paid an annual dividend of $1.12. The company follows a dividend policy that raises dividends annually at a rate of 4% (and expects this rate to go forever). The required rate of return is 13%. What is today's stock price?

Answers

Answer:

the stock price today is $12.94

Explanation:

The computation of the stock price today is as follows;

Current price = Dividend at year 1  ÷ (Required return - Growth rate)

 = ($1.12 × 1.04) ÷ (0.13 - 0.04)

= $12.94

hence, the stock price today is $12.94

It could be computed by applying the given formula so that the correct price could come

During the recent economic downturn, your community has experienced unemployment rates of approximately 9%. What can be done to mitigate the effects of the financial impact to your organization

Answers

Answer:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.

Explanation:

Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.

As we know the basic formula of financial management.

Financial Statement = Income + Expenditure.

Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence.  As a result, organization will undoubtedly survive the wave of depression in the long run.

What are three different advertising techniques that sponsors use to encourage you to buy a
product? Describe each technique.

Answers

Answer: Three different advertising techniques that sponsors use to encourage people to buy products include emotional appeal, endorsements, and bribery. Emotional appeals could be you NEED this because this could happen to feed off your fear and anxiety, endorsements are when advertisements use celebrities in their brand with their product, and bribery is ads that bribe costumers with lines like 'buy one and get one free' so the costumer consumes more products.

The three different types adverstising techniques that sponsors use to encourage you to buy a product are :

ethoslogospathos

Ethos

It is a persuasive advertising strategies which appeals to the character or the credibility of the product.

It shown how the organization is honest and credible to their customers.

Logos

This advertising technique appeals to the reason or to the logic which encourages a customer to buy a product.

Pathos

This technique of advertising attempts a sense of emotional responses in the mind of the customer.

Learn more about "Advertising" here :
https://brainly.com/question/25556823

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 6.0%. If the securities in which the fund invested increased in value by 10% during the year, and the fund's expense ratio was 1.5%, your return if you sold the fund at the end of the year would be

Answers

Answer:

1.99%

Explanation:

Calculation for your return if you sold the fund at the end of the year

Return={[$20 * (100%-6%) * (1.10 - .015)] -$20}/$20

Return={[$20 * .94 * (1.10 - .015)] -$20}/$20

Return = 1.99%

Therefore your return if you sold the fund at the end of the year would be 1.99%

Negative word-of-mouth communication is more likely to occur when consumers: Group of answer choices repeatedly purchase products of a single brand. perceive that the problem is severe. face problems that are unstable. make purchase decisions that are not credible. are satisfied with the company's responsiveness.

Answers

Answer:

perceive that the problem is severe.

Explanation:

The negative worth of mouth communication arise when the problem is very serious. As the firm product would be more famous by the worth of mouth only but if there is a negative worth of mouth communication so it seems that the problem is very serious

Therefore the second option is correct

Hence, all the other options are incorrect

Masco is a consumer discretionary company that focuses on home improvement products. Here is a breakdown of the revenue concentration by industry. Which of the following headlines would be of the most interest to potential investors?A. Local Municipality Bans Watering Lawns Due to Low Water Supply B. Kitchen and Bathroom Remodeling Is up More Than 8% as Homeowners Look to Improve House Values C. Government Provides Tax Incentive to Install Energy-Efficient Windows in Existing Homes D. Houston Chemical Plant Explosion Kills 3 People.

Answers

Answer:

The answer is "Option B".

Explanation:

Masco would be a company that has a flexible strategy for home renovation goods. The kitchen cupboards are 950 M as per the data presented throughout the photo, whereas the drilling fixtures produce 4 B revenues. Their shareholders will focus on this project.Therefore the argument which gives investors the highest benefit is as continues to follow:  

Remodeling for bathrooms and kitchens is more than 8%, as owners are looking to boost property prices.  Its residual commitments have still not been provided to investors, because the statement does not contain a specific item to quantify the statement.

If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less fries and one more chicken sandwich? Explain your reasoning and show any calculations.

Answers

Answer:

Since Jane's marginal utility per dollar spent is much greater for chicken sandwiches, that means that she is not maximizing her utility by purchasing fries. Instead of buying the third order of fries she should buy another chicken sandwich. The third order of fries only yields 3 utils per dollar. We are not given the exact utils per dollar of the fourth chicken sandwich, but the third one yielded 15 utils per dollar and the marginal decline is not that steep. The important number is the utils per dollar, not the price of the goods.

A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6%. If the coupon rate is 7%, the intrinsic value of the bond today will be ________.

Answers

Answer:

$1,062.81  

Explanation:

The intrinsic value of the bond today is the present value of semiannual coupons for 8 years(16 semiannual coupons) and the face value of the bond,which is computed below using financial calculator and excel pv function:

Financial calculator:

N=16( number of semiannual coupons in 8 years=8*2)

PMT=35(semiannual coupon=face value*coupon rate*6/12=$1000*7%*6/12=$35)

I/Y=3(semiannual yield=6%*6/12=3%)

FV=1000(face value is $1000)

CPT PV=$1,062.81  

Using excel PV function:

=-pv(rate,nper,pmt,fv)

nper and N above are the same with other variables having the same name

=-pv(3%,16,35,1000)=$1,062.81  

Which of the following re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format?

a. GEIA-STD-0007
b. MIL-HDBK-217F
c. MIL-STD-882D
d. MIL HDBK-502

Answers

Answer:

This re-establishes the industry/DoD exchange of Logistics Support Analysis Record (LSAR) data in a common format:

a. GEIA-STD-0007

Explanation:

The GEIA-STD-0007 standard is designed to provide users with a uniform set of data tags for all or portions of logistics product.  It can be used by government establishments and businesses.  The standard defines logistics data generated during the requirement definition and design of an industry or government system, as part of the Logistics Support Analysis Record (LSAR), in a common format.

Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) % Semiannually 12.3% Monthly 13.2 Weekly 10.9 Infinite 14.6

Answers

Answer and Explanation:

The computation is as follows:

The following is the formula for the annual percentage rate

Annual percentage rate =  m × [(1 + effective annual rate)1 ÷ m - 1]

where,

m = compounding period

For Semiannually

APR = 2× [(1.1123)^1 ÷ 2 - 1]

= 11.94%

For monthly

APR = 12 × [(1.132)^1 ÷ 12 - 1]

= 12.46%

For weekly

APR = 52 × [(1.109)^1 ÷ 52 - 1]

= 10.36%

For infinite

APR = ln(1 + 0.0146)

= 13.63%

Consider the market for land in upstate New York, a mostly rural and less populous area, as compared to the market for land in the Upper West Side of New York City, a well-to-do neighborhood alongside Central Park.
Because the supply of land in upstate New York is ____________________ (perfectly inelastic , perfectly elastic) , buyers in upstate New York pay _______________ (an interest rate , an economic rent , an economic profit) when they purchase their land.
Owners realize that the rental price of land is much lower in Upstate New York than in more densely populated areas like the Upper West Side of New York City. One of the possible explanations for this rent difference is that there is a low _________________ (demand for , supply of ) land with low productivity.
Some land owners decide to build parking lots in the Upper West Side of New York City. The supply curve for land to be used for parking lots is _____________ ( horizontal , vertical , downward sloping , upward sloping ) .

Answers

Answer:

Because the supply of land in upstate New York perfectly inelastic, buyers in upstate New York economic rent when they purchase their land.

Owners realize that the rental price of land is much lower in Upstate New York than in more densely populated areas like the Upper West Side of New York City. One of the possible explanations for this rent difference is that there is a low demand for land with low productivity.

Some land owners decide to build parking lots in the Upper West Side of New York City. The supply curve for land to be used for parking lots is  upward sloping.

SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you A. must purchase shares of each fund in the secondary (stock) market B. may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market C. must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market D. must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market

Answers

Answer: D. must purchase shares of the open end fund in the primary market from the investment company and shares of the closed end fund in the secondary (stock) market.

Explanation:

Open ended funds have the power to issue unlimited shares and sells directly to investors which means that to purchase from them after they have launched, one would need to do so through the primary market from the investment company itself.

Closed-end funds however raise a fixed capital by issuing an Initial Public Offering and then the shares of the fund will then be listed in a stock exchange. To buy into such funds after a few years, you will have to go through the secondary market and buy it in the stock market.

WILL MARK BRAINLIEST Submit your project comparing the financial performance of two companies. Record your information in a table and
submit the table. Be sure to follow these guidelines:
• Create a table that shows the two companies you have selected with the following financial data for both companies
for three years: revenue, total assets, current assets, total liabilities, current liabilities, shareholder equity, and net
income.
Add the following financial ratios for both companies to the table: profit margin, return on equity, return on assets,
debt-to-equity ratio, asset turnover ratio, and current ratio.
• Interpret the data in your table, and draw conclusions about the financial performance of both companies.
Explain why you think one company outperformed the other financially.
.
.

Answers

Explanation:

I have some questions, is this an essay or a document and when is it due

Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years. At the end of the four years the equipment will have a zero salvage value. The market value of the equipment is currently $22,900. Granfield can purchase a new machine for $129,000 and receive $22,900 in return for trading in its old machine. The new machine will reduce variable manufacturing costs by $19,900 per year over the four-year life of the new machine. The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is:

Answers

Answer:

$26,500 decrease

Explanation:

The total increase or decrease in net income by replacing the current machine with the new machine = Saving in variable manufacturing costs + Sale value of old machine - Purchase price of new machine

= ($19,900*4) + $22,900 - $129,000

= $79,600 + $22,900 - $129,000

= $26,500 decrease

A targeted cover letter is written specifically for work within the industry you prefer.

Answers

Answer:

What does it take for your resume and cover letter to make an impact when an employer may have received hundreds of r

resumes for the position you applied for?

Employers can receive a tremendous number of resumes for every position they advertise. It may seem like an almost impossible task for a company to weed through them to find the best applicants to interview, or for you to be one of the selected candidates.

When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979

Answers

Answer:

The Minimum Wage Used To Be Enough To Keep Workers Out Of Poverty in 1979.

Explanation:

Answer:

the question is incomplete:

When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979? Why not go back to 1938, the first year of the minimum wage? Why not 1999? For each of the years listed below, calculate what the minimum wage would be today if it had kept up with inflation since that year. Today, the minimum wage is $7.25 and the consumer price index (CPI) is 256. (Round your answer to two decimal places.)

Year Minimum wage CPI  Wage today adjusted for inflation

1938 $0.25   14  $4.57    

1979 $2.90   69  $10.76    

1999 $3.80   127  $7.68

$1 in 1938 is equivalent to 256/14 = $18.29 today

so $0.25 is equivalent to $18.29 x 0.25 = $4.57  

$1 in 1979 is equivalent to 256/69 = $3.71 today

so $2.90 is equivalent to $3.71 x 2.90 = $10.76

$1 in 1999 is equivalent to 256/127 = $2.02 today

so $3.80 is equivalent to $2.02 x 3.80 = $7.68

how to find a company liquidity and profitability from annual report

Answers

Answer:

A company liquidity and profitability from annual report is calculated and discussed below in details.

Explanation:

The current ratio (also identified as the working capital ratio) estimates the liquidity of a corporation and is computed by dividing its prevailing assets by its prevailing liabilities. The title current applies to short-term assets or contracts that are used (assets) and cleared off (liabilities) is shorter than one year.

An Income Report is traditionally applied to estimate the profitability of the company for the prior accounting period.

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