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yan [13]
3 years ago
11

If a large corporation is being sued by a much smaller entity, the corporation may submit to a deposition which is a form of gam

esmanship that has become more prevalent in the last decade.
Business
1 answer:
Oxana [17]3 years ago
3 0
That statement is true
In legal term, deposition refers to an investigation that demands a sworn truth from the opposing party. The cost of pursuing legal actions tend to be realy huge. By doing disposition, we could reduce witness testimony into writing form in order to minimize discovery time.
You might be interested in
Keira is in the market for a type of goods with unique characteristics that appeals to a limited number of consumers and require
Savatey [412]

The correct answer would be option B, Specialty Goods.

Keira is in the market for a type of goods with unique characteristics that appeals to a limited number of consumers and requires significant effort and money to purchase. Keira is most likely in the market for Specialty Goods.

Explanation:

There are products in the market that have certain characteristics that are appealing to a limited number of people. Such products require not only effort to purchase, but also a significant amount of money is needed.

Specialty products are usually high in price because of their unique characteristics, and that is why they are not easily available in the market as they are needed by a limited number of people.

Specialty products may include the following:

  • Luxury Cars
  • Luxury Clothing
  • High Fashion Clothing
  • Exotic Perfumes
  • Professional Photographic Equipment, etc.

Learn more about Specialty Products at:

brainly.com/question/14227087

#LearnWithBrainly

3 0
4 years ago
Blossom Corporation’s balance sheet at the end of 2019 included the following items.
RoseWind [281]

The preparation of a statement of cash flows and balance sheet for 2020 for Blossom Corporation is as follows:

1. BlossomCorporation Corporation

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2020

<h3>Operating Activities:</h3>

Net Income                          $55,870

Add Non-Cash Expense:

Loss from sale of equipment     230

Depreciation Expenses         16,540

Amortization Expense            2,500

Adjusted cash                      $75,140

Changes in working capital:

Increase in current assets  (29,000)

Increase in current liabilities 14,770

Cash from operations        $60,910

<h3>Investment Activities:</h3>

Sale of equipment             $11,770

Building cost                     (28,770)

Investment in stock          (16,000)

Cash from investments ($33,000)

<h3>Financing Activities:</h3>

Bonds payable                $51,770

Dividends payment        (30,000)

Treasury stock                 (11,000)

Cash from financing       $10,770

Net cash flow               $38,680

2. Blossom Corporation

<h3>Balance Sheet at the end of 2020</h3>

Current assets                   $304,450

Land                                       $31,770

Buildigs                               $150,540

Equipment                           $70,000

Accum. depr.-buildings      ($37,540)

Accum. depr.-equipment   ($12,000)

Long-term stock investment 16,000

Patents                                    41,770

Amortization of Patents        (2,500)

Total assets                      $562,490

Current liabilities               $166,540

Bonds payable                  $153,540

Common stock                  $170,770

Retained earnings              $71,640

Total liabilities + Equity  $562,490

<h3>What are Statements of Cash Flows and Balance Sheets?</h3>

Statements of cash flows and balance sheets are two of the main financial statements prepared periodically by an entity.

The statement of cash flows shows the cash flows from operating, investing, and financial activities.

The balance sheet shows the financial position (assets, liabilities, and equity) of an entity at a point.

<h3>Data and Calculations:</h3>

Blossom Corporation

<h3>Balance Sheet at the end of 2019</h3>

Current assets

(Cash $82,000)                  $236,770    Current liabilities              $151,770

Land                                          31,770    Bonds payable                  101,770

Buildings                                 121,770    Common stock                  181,770

Equipment                               91,770     Retained earnings            45,770

Accum. depr.-buildings         (31,770 )   Total                              $481,080

Accum. depr.-equipment      (11,000 )

Patents                                   41,770

Total                                  $481,080

Ending Cash balance = $120,680 ($82,000 + 38,680)

Current assets = $304,450 (236,770 + $29,000 + $38,680)

Land = $31,770

Buildigs = $150,540 ($121,770 + $28,770)

Equipment = $70,000 ($91,770 - $21,770)

Accum. depr.-buildings = $37,540 (31,770 + 5,770)

Accum. depr.-equipment = $12,000 (11,000 - 9,770 + 10,770)

Long-term stock investment 16,000

Patents                              41,770

Amortization of Patents  (2,500)

Current liabilities              $166,540 (151,770 + 14,770)

Bonds payable                  $153,540 (101,770 + 51,770)

Common stock                  $170,770 (181,770 - 11,000)

Retained earnings            $71,640 (45,770 + $55,870 - 30,000)

Learn about preparing statements of cash flows at brainly.com/question/25645312

#SPJ1

4 0
2 years ago
The picketts have lived in their house for about 13 years. they like to keep a well-maintained property and have noticed that th
givi [52]

correct answer is B just took the test

6 0
4 years ago
Elizabeth is a highly-sought-after scientific researcher. She relocated to Europe ten years ago but is now returning to the Unit
GuDViN [60]

Answer:

2

Explanation:

Reverse brain is a type of brain drain that occurs when a person moves from a more developed country to a less developed country. The knowledge, skills developed in the developing country can be used by the developed country from which she came from

Elizabeth moved from US (developed) to Europe (less developed). On returning to US, the government is concerned about accepting her contributions which she made in Europe

4 0
3 years ago
In a traditional enterprise, the flow of costs through the system is:
Solnce55 [7]

Answer:

c. materials inventory, work-in-process inventory, finished goods inventory, cost of goods sold.

Explanation:

Costs are not static, they are dynamic, therefore, they move through the value chain.

It all begins with the cost of raw materials that push the whole chain. Afterwards, the cost moves to the work-in-process inventory. When the goods are finished, the cost moves to finished goods inventory, with the storing cost firstly in mind. Lastly, the cost resides with the cost of goods sold, with the added costs of distribution and sales.

Accounting-wise, the flow of cost introduces the LIFO and FIFO systems, which relate to the way how cost is managed throughout the flow - backward or forward.

5 0
3 years ago
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