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ycow [4]
3 years ago
9

Able Trucking Corporation files a suit in a state court against Bob’s Service Company (BSC), and wins. BSC appeals the court’s d

ecision, as¬sert¬ing that the evidence presented at trial to support Able Trucking’s claim was so scanty that no reasonable jury could have found for the plaintiff. There¬fore, argues BSC, the appellate court should reverse the trial court’s de¬ci¬sion. Is the appellate court likely to reverse the trial court’s findings with re¬spect to the facts? Explain.
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer:

Explanation:

An appellate court will reverse a lower court’s decision on the basis of the facts only

when the finding is clearly erroneous (that is, when it is contrary to the evidence

presented at trial) or when there is no evidence to support the finding. Appellate courts

normally defer to a trial court’s decision with regard to the facts of a case, however, for

several reasons. First, trial court judges and juries have the opportunity to observe

witnesses and tangible evidence first hand. The appellate court sees only a cold record of

the trial court proceedings and therefore cannot make the kind of judgments about the

credibility of witnesses and the persuasiveness of evidence that can be gleaned only from

firsthand experience. Second, as occurs when there is no jury and the case is heard by a

judge, trial judges routinely sit as fact finders. As a result, they develop a particular

expertise in determining what kind of evidence and testimony is reliable and what kind is not

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Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
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Have no clue sorry that is not the answer
8 0
2 years ago
Use the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compu
zepelin [54]

Answer:

3.76 times

Explanation:

The computation of the asset turnover is shown below:

Asset turnover = Net sales ÷ Average total assets

= $1,356,504 ÷ $360,600

= 3.76 times

By dividing the net sales from the average total assets, the asset turnover could arrive i.e 3.76 times

This is the answer but the same is not provided in the given options

8 0
2 years ago
Polls to answer :
horsena [70]
Age: 15
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7 0
3 years ago
At the beginning of 2018, England Dresses has an inventory of $140,000. However, management wants to reduce the amount of invent
Bad White [126]

Answer:

purchases = 160000

Explanation:

given data

beginning inventory = $140,000

amount of inventory on hand = $80,000

net sales = $400,000

gross profit rate = 40%

solution

we first Computation of cost of goods sold  hat is

Gross profit rate = \frac{gross profit}{net sales} × 100

= \frac{gross profit}{400000} = = \frac{40}{100}

= 100 Gross profit = 16000000

so

Gross profit = 160000

and

Cost of goods sold is = sales - gross profit

so

Cost of goods sold = 400000 - 160000

Cost of goods sold = 240000

and

Cost of goods sold = opening inventory + purchases - closing inventory  

so put here value

240000 = 140000 + purchases - 60000

so purchases = 160000

7 0
3 years ago
Wehrs Corporation has received a request for a special order of 9,300 units of product K19 for $46.80 each. The normal selling p
Sliva [168]

Answer:

Effect on income= $62,510 increase

Explanation:

Giving the following information:

Offer= 9,300 units of product K19 for $46.80 each.

Direct materials $ 17.60

Direct labor $6.90

Variable manufacturing overhead $4.10

The customer would like some modifications made to product K19 that would increase the variable costs by $6.50 per unit and that would require a one-time investment of $46,300 in special molds that would have no salvage value.

<u>Because it is a special offer and there is unused capacity, we will take into account only the incremental fixed costs.</u>

<u></u>

First, we need to calculate the total cost of the offer:

Unitary variable cost= 17.6 + 6.9 + 4.1 + 6.5= $35.1

Total variable cost= 35.1*9,300= $326,430

Total fixed costs= 46,300

Total cost= $372,730

Finally, we can determine the effect on income:

Effect on income= 9,300*46.8 - 372,730

Effect on income= $62,510 increase

3 0
3 years ago
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