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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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When a partner leaves the company, the partnership is dissolved and a new partnership may be formed with the remaining partners.

Kazeer [188]

Answer: TRUE

Explanation: In case of partnership, the owner and business are not considered to be separate legal entity. Thus, if a partner leaves the company whether willingly or unwillingly as in case of death, the existing agreement dissolves.

In such a case, the remaining partners calculate if there is any obligation on the entity to pay to the old partner or some share that the old partner is liable to pay to the firm.

After such considerations a new partnership agreement is formed by the remaining partners.

7 0

3 years ago

Read 2 more answers

Consider the following probability distribution for stocks A and B: State Probability Return on Stock A Return on Stock B 1 0.10

Tomtit [17]

It can be deduced that the expected rates of return of stocks A and B are 13.2% and 7.7% respectively.

<h3>How to calculate the expected rates of return</h3>

E(RA) = 0.1 (10%) + 0.2 (13%) + 0.2 (12%) + 0.3 (14%) + 0.2 (15%)= 13.2%

E(RB) = 0.1 (8%) + 0.2 (7%) + 0.2 (6%) + 0.3 (9%) + 0.2 (8%)= 7.7%

Therefore, the expected rates of return of stocks A and B are 13.2% and 7.7% respectively.

The standard deviation will be calculated thus:

Var(RA) = [0.1 (10%-13.2%)² + 0.2 (13%-13.2%)² + 0.2 (12%-13.2%)² + 0.3 (14%-13.2%)² + 0.2 (15%-13.2%)2 ] 1/2

= 1.5%

Var(RB) = [0.1 (8%-7.7%)² + 0.2 (7%-7.7%)² + 0.2 (6%-7.7%)² + 0.3(9%-7.7%)² + 0.2 (8%-7.7%)² ] 1/2

= 1.1%

Therefore, the standard deviation of stocks A and B are 1.5% and 1.1% respectively.

Learn more about rate of return on:

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2 years ago

If you don't own a home or a car, your liability is

muminat

If you don't own a home or a car, your liability is b. lower than one who owns both.

<h3>What is a Liability?</h3>

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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8 0

2 years ago

Vibrant Company had $970,000 of sales in each of three consecutive years 2016–2018, and it purchased merchandise costing $535,00

Leni [432]

Answer:

Explanation:

From the give information; we are to:

1. Determine the correct amount of the company’s gross profit in each of the years 2016–2018.

The correct amount of the company's gross profit in each of the years 2016 - 2018 can be seen as computed in the table below.

VIbrant Company Income statement

2016 2017 2018

Sales 970,000 970,000 970,000

Cost of good

sold:

Beginning 270,000 270,000 270,000

Inventory

Purchase 535,000 535,000 535,000

The cost of good

available for sale 805000 805000 805000

is:

Ending Inventory 270,000 270,000 270,000

Cost of good sold 535,000 535,000 535,000

Gross Profit 435 000 435000 435000

N:B ;

Gross Profit = Sales - Cost of good sold

Gross Profit = 970000- 535000

Gross Profit = 435000

2. Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2016−2018.

For 2016; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 270000

Add Purchase 535000

Cost of goods available 805000

for sale

Less (-)

Ending Inventory 250000

Cost of good sold 555000

Gross profit 415000

For 2017; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 250000

Add Purchase 535000

Cost of goods available 785000

for sale

Less (-)

Ending Inventory 270000

Cost of good sold 515000

Gross profit 455000

For 2018; the comparative income statement is computed as follows:

Debit Credit

Sales 970000

Less:(-)

Cost of good sold

Beginning Inventory 270000

Add Purchase 535000

Cost of goods available 805000

for sale

Less (-)

Ending Inventory 270000

Cost of good sold 535000

Gross profit 435000

8 0

3 years ago

A manager is hired by a start-up for her demonstrated ability to think strategically and make broad-based decisions that serve t

STatiana [176]

Answer:

Conceptual Skills

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the manager was most likely hired for her Conceptual Skills. This is the ability that an individual may possess to analyze hypothetical situations in order to gain valuable information and develop strategies. Which allows that individual to make certain big decisions in benefit of the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

3 years ago