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maw [93]
1 year ago
8

california, as a means to protect its environment, passes a law to ban a certain substance manufactured in kansas by xyz corpora

tion. xyz corporation can challenge california’s legislation as a violation of the
Business
1 answer:
Svetllana [295]1 year ago
3 0

The XYZ corporation may sue California for violating the dormant commerce clause. prohibits states from enacting legislation that significantly impedes interstate commerce.

<h3>What is interstate commerce?</h3>
  • Interstate commerce refers to the transacting or transportation of goods, services, or money across state lines.
  • Federal courts, for example, have considered cattle crossing a state line while grazing and the movement of pollutants across state lines to be interstate commerce in order to uphold Congress' regulatory jurisdiction.
  • In the United States, interstate commerce refers to any commercial transactions or traffic that cross state lines or involve more than one state.
  • The Interstate Commerce Act of 1887 is a federal law of the United States that was enacted to regulate the railroad industry, specifically its monopolistic practices.
  • The Act required railroad rates to be "reasonable and just," but it did not give the government the authority to set specific rates.

To learn more about interstate commerce, refer to:

brainly.com/question/4656005

#SPJ4

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During June, Vixen Fur Company sells $850,000 in merchandise that has a one year warranty. Experience shows that warranty expens
stepan [7]

Answer:

Debit Estimated Warranty Liability $14,000; credit Merchandise Inventory $14,000.

Explanation:

The journal entry is shown below:

Estimated Warranty Liability A/c Dr $14,000

         To Merchandise Inventory  $14,000

(Being the customer warranties is settled)

Since we have to settle the customer warranties, so we debited the estimated warranty liability account and credited the merchandise inventory account

Hence, all other options are wrong except last one

3 0
3 years ago
How much milk does a holstein cow produce per year.
sashaice [31]

Answer:

About 2,900 gallons of milk per year according to the internet

7 0
2 years ago
Esther and Elizabeth are equal partners in the EE Partnership. The partners formed the partnership seven years ago by contributi
Ber [7]

Answer: Esther does not recognize any gain or loss on the distribution and her remaining basis in EE is $15,000

Explanation:

Base on the scenario been described in the question, repayment of liabilities is treated as a cash distribution. Esther's share of the debt reduction is Since this amount is lower than her outside basis ($40,000) she does not recognize a gain or loss.reduces her outside basis by the $25,000, which leaves her $15,000 of outside basis in EE afterthe debt repayment.

8 0
3 years ago
Tyson Inc. is currently trading at $18 per share. The company is expected to pay a dividend of $1.63/per share next year. The di
viktelen [127]

Answer:

$20.38  buy

Explanation:

The computation of present value is shown below:-

Fair Value according to Gordon Model = Expected Div ÷ (Required Return - Growth rate)

= $1.63 ÷ (10.5% - 2.5%)

= $1.63 ÷ 8%

= $20.38

Fair Price = $ 20.38 and Actual Price = $18.00

As Fair Price is greater than the Actual Price so, the stock is under priced. Therefore advice to buy.

5 0
3 years ago
The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sale 10 units 10 Purchase 30 units at $20 17
kolezko [41]

Answer:

=  $490

Explanation:

<em>Under the </em><em>First-in-First-Out  </em>( FIFO ) <em>method of inventory valuation,  inventories are valued using the price of the earliest batch in stock until the batch is exhausted when the price of the next oldest batch is used and so on.</em>

Date     sale units       Workings                         Value

              10                    10 × $19                              190

               20        (10 × $19)+( 10 × $20)                  390

The cost o he merchandise = $190 + $390

                                             =  $490

8 0
3 years ago
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