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Anna71 [15]
3 years ago
12

A city ordinance allows only two hot-dog stands to operate in the city's downtown area. If someone who would like to add another

hot-dog stand challenges this ordinance under the equal protection clause, the rule will be subject to:______
Business
1 answer:
slamgirl [31]3 years ago
5 0

Answer:

The rational basis test.

Explanation:

The review standard courts employ when questioning the constitutionality of a law is called the rational basis test. After applying the test, a law will be declared constitutional if there is a rational relationship between it and a legitimate government interest.

The importance of the rational basis test is that it helps in confirming whether a regulation of the government or action. or a law has violated the equal protection clause. Equal protection clause states that nobody should be denied right to equal protection under the law.  

The rational basis test is usually used to review economic regulations.

Therefore, if someone who would like to add another hot-dog challenges the city ordinance under the equal protection clause, the rule will be subject to the rational basis test.

I wish the very best.

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Answer:

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Explanation:

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Park Co. holds a 80% interest in San Marino Co. During 2019, San Marino sold inventory costing $1,155,000 to Park for $1,650,000
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Answer:

Park Co and San Marino Co.

The noncontrolling interest in the 2020 income of the subsidiary is:

= $270,000.

Explanation:

a) Data and Calculation:

Interest in San Marino Co. = 80%

Cost of 2020 Inventory sold by San Marino to Park = $1,080,000

Sales value of the inventory = $1,800,000

Profit element = $720,000 ($1,800,000 - $1,080,000)

Sales value of unsold inventory = $750,000

Profit element in unsold inventory = $750,00/$1,800,000 * $720,000

= $300,000

Net income of San Marino for 2020 = $1,350,000

Less profit element in unsold inventory  300,000

Adjusted net income =                         $1,050,000

Non-controlling interest (20%)                  210,000 (20% of $1,050,000)

Non-controlling interest (20%) in

unsold inventory =                                     60,000

Total net income attributable to

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