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miss Akunina [59]
4 years ago
8

When not responding to e-mails, the lawyer on call is encouraged to actively pursue cases that potentially could lead to large s

ettlements. How much time on a 10-hour day can a My-law lawyer dedicate to this activity (assume the lawyer can instantly switch between e-mails and work on a settlement)
Business
1 answer:
s2008m [1.1K]4 years ago
6 0

Answer:

0.5 minute

Explanation:

To increase the responsiveness of the firm, the board of My-law proposes a new operating policy.

Under the new policy, the response would be highly standardized, reducing the standard deviation for writing the response email to 0.5 minute. The average writing time would remain unchanged.

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The ratio of cash to monthly cash expenses is computed as _____. cash as of year-end divided by monthly cash expenses beginning
gulaghasi [49]

Answer:

Computation of the Ratio of Cash to Monthly Cash Expenses:

None of these choices are correct.

Explanation:

The correct formula is Cash and Cash Equivalents/monthly expenses.  And monthly cash expenses = Negative cash flows from operations/12.

But, in doing this calculation, first determine the monthly cash expenses, as given above.  With the resulting figure, you can then apply to the Ratio of Cash to Monthly Cash Expenses.

The Ratio of Cash to monthly cash expenses helps a company to assess how long it can continue to operate given the heavy expenses burden it is experiencing, if it is a startup company.  It also helps a company in distress to determine how long it could continue to operate before generating positive cash flows.

8 0
4 years ago
Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
harina [27]

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most.  There are five functions an economic system performs in producing goods and services for consumption.

6 0
3 years ago
If a number entered in an unformatted cell is too long to be displayed in the cell, what will be displayed? ####### scientific n
levacccp [35]

######

In Excel, the ###### error is shown when the data in the cell is too large to be displayed. This is easily fixed by adjusting the size of the column to fit the number.

7 0
3 years ago
If firms in a perfectly competitive market are incurring economic losses, then as time passes firms ________ and the market ____
Liula [17]

When companies in a competitive market are incurring a monetary loss, a number of the firms will go out of the market. As those corporations go out, the delivery decreases.

An aggressive marketplace is a term in economics that refers to a marketplace where there are a big amount of consumers and dealers and no unmarried consumer or dealer can affect the marketplace. competitive markets have no limitations to entry, lots of buyers and sellers, and homogeneous products.

The four popular forms of market systems consist of ideal opposition, oligopoly market, monopoly market, and monopolistic opposition.

A competitive market creates opposition amongst customers. which means one patron competes with another for an amazing or carrier, specifically for dwindled stock. for example, when it comes to buying tickets to a wearing event or music concert, customers often compete to buy high-quality seats.

Learn more about competitive market here: brainly.com/question/24781573

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6 0
2 years ago
Which principles refers to the assumption that a project will be evaluated based on its incremental cash flows?
77julia77 [94]

Answer: Stand alone principle

Explanation:

Stand alone principle is the principle that is used by a company to decide whether or not to engage in a project based on the profitability of identical projects that has the same risk. Stand alone principle allows firms to evaluate a project based solely on the incremental cash flows of a firm that is related to the project.

Without stand-alone principle, the project evaluation for a firm would require the forecast of all of the firm’s cash flows.

7 0
3 years ago
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