Answer:
Three part test.
The outcome: if the three requirements are not met, then there is not point the Government should interfere.
At the end, the law will be held.
Explanation:
In some cases, the courts are allowed to protect individual, company or business organization from Government interrupting with these individuals or business organization "fundamental right" and this is the "substantive due process rights " of insurance companies as mentioned in the question above.
The test that the United State Supreme Court can use to determine whether the regulations they want to enact would violate the substantive due process rights of insurance companies is what is known as the THREE PARR TEST.
THE THREE PART TEST has its root from cases such as that of Pasgraf V Long Island Railroad co. The three part test involves three main subjects and they are;
=> foreseeability: are the policies in which insurance companies work going to affect the consumers in the future?
=> proximity: what kind of relationship do the insurance companies have with there consumers?
=> fairness: are these policies just and fair?
CONCLUSION: if the three requirements are not met, then there is not point the Government should interfere.
Answer:
B. fact-based
Explanation:
I know business like fact-based decision's because a business wants facts to make it look good not opinions..... People need facts
Explanation:
The journal entries are as follows
a. Retained earnings A/c Dr $300,000 (600,000 shares × $0.50)
To Dividend payable A/c $300,000
(Being the dividend is declared)
b. No journal entry is required
c. Dividend payable A/c $300,000
To Cash A/c $300,000
(Being the dividend is paid for cash is recorded)
Dude, you've got your priorities all sorted out ahahah
Answer:
C) Townson's fixed asset turnover ratio has decreased between Year 1 and Year 2.
Explanation:
Year 2 Year 1
Sales $3,645,000 $4,250,000
Fixed assets:
Beginning of year 880,000 820,000
End of year 520,000 880,000
fixed asset turnover (FAT) ratio = net sales / average fixed assets
FAT ratio year 1 = $4,250,000 / [($820,000 + $880,000) / 2] = 5
FAT ratio year 2 = $3,645,000 / [($880,000 + $520,000) / 2] = 5.2
Townson's fixed asset turnover ratio increased between year 1 and year 2.
