Answer: Third-party lawsuit
Explanation:
A third party lawsuit is a form of lawsuit which is brought against another individual or another party in regards to the injuries which are being suffered by the plaintiff.
A third party lawsuit can be filed by the employees who are not a target of sexual harassment but work where it is occurring.
Answer:
If linen department is dropped operating income of the company will decrease.
Explanation:
That is because the cotrollable margin of the department is positive:
controllable margin = contribution margin - controllable fixed costs
$605,000-($800,000-380,000) = 185,000
That means that the Linen department helps to reduced fixed cost that are not generated by this department and that will keep existing wether the department is closed or not.
In addittion the Hardware department will loose 19% of its sales if the Linen department is closed. Thus will result in a reduction of the cntribution margin of the hardware deparment too.
Answer:
15%
Explanation:
Average rate of return = average net income / amount invested
average net income = $15,570,000 / 20 = $778,500
Amount invested = $5,190,000
$778,500 $5,190,000 = 0.15 = 15%
Answer:
a) 1.025%
b) 1.025%
c) 1.0242%
d) 1.0242%
Explanation:
Kindly check the picture attached to see the explaination and Formula used.
Answer:
The answer is: Today you could accept any lump sum ≥ $111,144.18
Explanation:
First we must calculate the present value of the three cash flows. We can do it manually or in an excel spreadsheet using the PV formula.
Using an excel spreadsheet the present value is $111,144.18
Today you could accept any lump sum ≥ $111,144.18
You can do this calculation manually also:
pv = [$36,000 / (1 + 7%)] + [$42,000 / (1 + 7%)²] + [$50,000 / (1 + 7%)³] = $111,114.18
