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4 years ago

In the state of florida, a first conviction for DUI can result in your

Business

2 answers:

Tatiana [17]4 years ago

7 0

Answer: In the state of Florida, a first conviction for DUI can result in your vehicle being impounded for 10 Days

Explanation:

The impoundment lot is a place in which the vehicles are parked until the owners are allowed to have them back.

There are some other penalties too. For first time DUI conviction, the penalties in the state of Florida include;:

Fine under a $1000

A probationary period of just 12 months

A 6-month license revocation

50 hours of community service

MAVERICK [17]4 years ago

6 0

thanks i'll make sure i dont get a conviction for DUI in florida

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g On January 1, 2020, Marigold Company issued 10-year, $1,890,000 face value, 6% bonds, at par. Each $1,000 bond is convertible

Yanka [14]

Answer:

$3.78

Explanation:

The First step is to calculate basic earning per share then making the adjustments to the basic earning per share to arrive to a diluted earning per share.

Basic Earning per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders.

Earnings Attributable to Holders of Common Stock Calculation :

Net Income $470,000

Less Bond Interest ($1,890,000×6%×80%) ($90,720)

Earnings Attributable to Holders of Common Stock $379,280

Weighted Average Number of Common Stock Holders Calculation :

Outstanding Common Shares 94,000

Weighted Average Number of Common Stock Holders 94,000

Basic Earning per Share = $379,280 / 94,000 = $4.03

Diluted Earnings per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders.

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Earnings Attributable to Holders of Common Stock $379,280

Add Back Bond Interest ($1,890,000×6%×80%) $90,720

Adjusted Earnings Attributable to Holders of Common Stock $470,000

Adjusted Weighted Average Number of Common Stock Holders.

Outstanding Common Shares 94,000

Add Convertible Bonds ($1,890,000/$1,000×16) 30,240

Adjusted Weighted Average Number of Common Stock Holders 124,240

Diluted Earnings per Share = $470,000 / 124,240 = $3.78

6 0

3 years ago

Justice told his boss he would finish the financial report by Friday. Following through on his commitment is example of which po

kondaur [170]

I believe it is "reliability!" Hope this helps :)

6 0

4 years ago

North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.

777dan777 [17]

Answer and Explanation:

The accounting equation effects of each required adjustment is shown below:-

Transactions Assets

a. Prepaid rent - $1,280

b. Accumulated

depreciation - $1,180

c. NE

d. NE

Transactions = Liabilities + Stockholders' Equity

a. NE Rent expenses -$1,280

b. NE Depreciation expenses -$1,180

c. Accounts payable + $8,200 Utilities expenses -$8,200

d. Income tax payable + $310 Income tax expense -$310

8 0

4 years ago

A restaurant chain sells 220,000 burritos each day when it charges $8.00 per burrito. for each $0.50 increase in price, the rest

VashaNatasha [74]

The highest that the store should sell should be at $9.5 per burrito because if they sell at $9.5, then they will get 1,805,000 for a daily revenue (9.5 x 190,000 burritos). If they sell any higher, then their daily revenue will go down. For example, if they sell at $10 a piece, they can only sell 180,000 (as per the rule that for every $0.50 increase in price, they have to lessen their sales volume by 10,000). 10 x 180,000 is 1,800,000 which is their daily revenue if they sell at $10 which is less than what they can get if they sell at $9.5.

3 0

3 years ago

The basic reason why the commercial banking system can increase its checkable deposits by a multiple of its excess reserves is t

Stells [14]

Answer:

B) reserves lost by any particular bank will be gained by some other bank.

Explanation:

Banks "create" money when they make loans or buy securities from private parties. This money creation is the result of the money multiplier = 1 / reserve ratio.

This money creation process is not affected by which specific bank may hold the deposits, since money withdrawn from a bank will end up in another bank. The money multiplier applies to the whole banking system, not just an individual bank or group of banks.

4 0

3 years ago