1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
9

In Clemens v. McNamee, major league pitcher Roger Clemens sued McNamee, a trainer, over McNamee's statements to investigators an

d Sports Illustrated that he gave steroids to Clemens in Toronto and New York. Clemens, a Texas citizen, filed a defamation suit in Texas against McNamee, a citizen of New York, based on diversity of citizenship. The court decided___________
Business
1 answer:
schepotkina [342]3 years ago
5 0

The court decided in favor of the McNamee because he did not have sufficient minimum contacts to establish personal jurisdiction, since Texas was not the focal point of the story.  

Explanation:

The court gave his final decision in favor of McNamee. Clement has not received decision in favor of his though he suffered from distress and damage of his reputation in Texas. McNamee illustrated that he gave steroids to Clements who was an Texas citizen

Mc Namee was a citizen of New York. He did not have sufficient minimum contacts to establish personal jurisdiction. McNamee was a trainer. According to the national magazine there was no such detail of defamation was provided.

You might be interested in
The Bear Rug has sales of $811,000. The cost of goods sold is equal to 63 percent of sales. The beginning accounts receivable ba
irina1246 [14]

Answer:

The average collection period is 17.78 days.

Explanation:

In this question, we have to first compute the average receivable turnover ratio.  

The formula of the average receivable turnover ratio is shown below:

= Net credit sales ÷ Average accounts receivable

where,

Net credit sales are $811,000

And, the average accounts receivable equals to

= Beginning account receivable + ending accounts receivable ÷ 2

= $41,000 + $38,000 ÷ 2

= $39,500

So, the average receivable turnover ratio equals to

= $811,000 ÷ $39,500

= 20.53

Now, we calculate the average collection period, the formula is shown below

= Total Number of days in a year ÷ average receivable turnover ratio

= 365 ÷ 20.53

= 17.78 days.

Hence, the average collection period is 17.78 days.

3 0
3 years ago
Which of the following is an example of a strategic action?
Pavlova-9 [17]

Answer:

Option D. Entry into the European market by Home Depot.

Explanation:

The reason is that the strategic actions are long term actions and are market based moves which bounds the organizational resources for implementation and are also very difficult to reverse.

So here use of coupons, fare increases and two for one offers are easily reversible, requires fewer organizations resources for implementation and short term decisions which means these are tactical actions.

Whereas the decision to enter european market by Home Depot is long term decision, bounds organization resources for implementation and is very difficult to implement or reverse the actions once taken, so it is strategical action of Home Depot.

8 0
3 years ago
In a small open economy, starting from a position of balanced trade, if the government increases the income tax, this produces a
aniked [119]

Answer:

Trade Surplus and positive net Capital flow

Explanation

5 0
3 years ago
Perdue Company purchased equipment on April 1, 2014, for $270,000. The equipment was expected to have a useful life of three yea
otez555 [7]

Answer:

<u>Straight line:</u>

2014 $ 65,250  

2015 $  87,000  

2016 $  87,000  

2017 $   21,750

<u>units-of-output method:</u>

2014 $ 108,750

2015 $   79,750

2016 $  58,000

2017  $   14,500

<u>dobule declining method</u>

2014  135,000  

2015  45,000  

2016  15,000  

2017  9,000  

Explanation:

<u>Straight line:</u>

(cost - salvage value) / useful life

(270,000 - 9,000)/3 = 87,000 per complete year

First year: from April 1st to December 31th

87,000 x 9/12 = 65,250

Second and third year are complete year thus, 87,000

fourth year: from Jan 1st to March 31th:

87,000 x 3/12 = 21,750

<u>units-of-output method:</u>

(cost - salvage value) / unit of output

261,000 / 18,000 = 14.5 per hour

We multiply each year hours by this rate

7,500 x 14.5 = 108,750

5,500x 14.5 =   79,750

4,000x 14.5 =   58,000

1,000 x 14.5 =   14,500

<em><u>double declining </u></em>

we multiply by twice the rate of of straight line:

1/3 x 2 = 2/3 we depreciate this amount of the carrying vbalue per year

Last year we adjust to obtain the residual value

Year   Beginning   Rate   Dep expense   Carrying value

2014     270,000     0.50     135,000     135,000  

2015     135,000     0.67     90,000     45,000  

2016     45,000     0.67     30,000     15,000  

2017     15,000                6,000      9,000  

5 0
3 years ago
The international zoological club publishes a monthly magazine for zoology enthusiasts. members are required to pay an initial f
Ainat [17]
The answer is locking in customers
4 0
3 years ago
Other questions:
  • Is the establishment of the 200-mile limit a sufficient form of government intervention to ensure that the "tragedy of the commo
    6·1 answer
  • New markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent
    11·1 answer
  • ________ emphasizes motivating the worker through the characteristics of the job itself. Select one: a. Automation b. Job enrich
    5·2 answers
  • The following account balances were taken from the 2021 post-closing trial balance of the Bowler Corporation: cash, $9,500; acco
    7·1 answer
  • g A constraint to complicated macroeconomic models has been: Group of answer choices that firms do not maximize profits. that ag
    14·1 answer
  • Garcia Co. sells snowboards. Each snowboard requires direct materials of $113, direct labor of $43, and variable overhead of $58
    11·1 answer
  • Why is it useful to have your bank account and routing numbers when using tax preparation software?
    14·1 answer
  • 40 points easy question
    9·1 answer
  • ?Charlotte mentions that she believes the company “has a great track record when it comes to equity.” What evidence is she consi
    8·1 answer
  • Consider the following for the costs of a pair of jeans: Direct material costs: $2 per yard and 3 yards are needed Direct labor
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!