For the defendant to be liable in a negligence case, it must be proven that the type of harm caused by the defendant must have been reasonably foreseeable. This is referred to as
A) proximate cause
B) duty of due care.
C) factual cause.
D) breach.
A
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Gross profit is not the same as gross margin
Indicate whether the statement is true or false
A company produces 1000 packages of dog treats per month. The sales price is $6 per pack. Variable cost is $1.50 per unit, and fixed costs are $1700 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $1.80 per unit, and fixed costs will increase by 10%. At what sales price for the new product will the two alternatives (sell as is or process further) produce the same operating income? (Round your answer to the nearest cent.)
A) $3.67 B) $6.47 C) $2.80 D) $6.00
On January 1, a machine costing $260,000 with a 6-year life and an estimated $5,000 salvage value was purchased. It was also estimated that the machine would produce 500,000 units during its life. The actual units produced during its first year of operation were 110,000. Determine the amount of depreciation expense for the first year under each of the following assumptions:1. The company uses the straight-line method of depreciation.2. The company uses the units-of-production method of depreciation.3. The company uses the double-declining-balance method of depreciation.
What will be an ideal response?
Micrographics provides a more dense storage process than does storage of records on CD-R or DVD
Indicate whether the statement is true or false.