The key factor is the description of the vehicle, making this case highly solvable.
Progress in crime lab methods and PC innovation are helping the police to find vehicles associated with violations. Because of new forensic devices, even modest bits of a car, or a faint impression from a tire tread, can limit the rundown of suspect vehicles. The police would then be able to cross-reference that data with data in the region and examine a subset of autos. In the given case we have a load of information about the car used which can easily lead to the criminal.
Emma can provide her opinions and findings with regard to the evidence in the case that pertains to her area of expertise.
<h3><u>A trial is what?</u></h3>
A court trial, also known as a bench trial or jury trial, is a hearing during which all relevant facts are presented, and the judge or jury then renders a verdict on the matter. In a bench trial, the defendant may elect to forego the right to a jury trial in favor of the judge's decision.
In contrast to a jury trial, which has a panel of the defendant's peers decide on the case, a bench trial leaves the choice up to a judge. Let's examine the many steps that occur throughout a court proceeding.
Learn more about the trial here:
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Answer:
a. 5.85 years
b. 17.5%
Explanation:
a. For the computation of payback period first we need to find out the annual cash flow which is shown below:-
Annual Cash Inflow = Sales - Material - Selling and Administrative Expenses - Income Tax
= $75,000 - $40,000 - $7,500 - $7,000
= $20,500
Payback period = Initial investment ÷ Annual cash flow
= $120,000 ÷ $20,500
= 5.85 years
b. The computation of the accounting rate of return is shown below:-
accounting rate of return = Net income ÷ Average investment
= $10,500 ÷ ($120,000 ÷ 2)
= $10,500 ÷ $60,000
= 17.5%
High-technology and fashion are types of industries likely to frequently use the lower-of-cost-or-market (LCM) basis.
Explanation:
Price or demand lowering is a conservative approach to product assessment and monitoring. The product is usually terminated at historical cost. Furthermore, sometimes the original cost of the final stock is higher than the net achievable value and therefore the inventory has dropped in value.
Using the cheaper price or the lower trade means likening the market value of each product with its costs at the end of the stock and then use the lower value as inventory importance.
The LCM rule has recently been changed, simplifying things for companies that don't use the first-out or manufacturing method. The interventions can only be applied to the cheaper cost and the net realisable benefit in compliance with the new rules.