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Softa [21]
3 years ago
11

An employee of the United States Department of Labor was instructed by his superior to solicit subscriptions to the Department's

bulletin on a door-to-door basis in the city in which he worked. While doing so, the employee was arrested for violation of a city ordinance that prohibited commercial solicitation of private residences.
What is the employee's best defense?

A Intergovernmental immunity.

B The First Amendment freedom of expression as it applies to the states through the Fourteenth Amendment.

C The Equal Protection Clause as it applies to the states through the Fourteenth Amendment.

D The city ordinance effectively restricts interstate commerce.
Business
1 answer:
Angelina_Jolie [31]3 years ago
3 0

Answer:

A) Intergovernmental immunity.

Explanation:

This case is very similar to a Supreme Court case Breard v. Alexandria, 341 U.S. 622 (1951).

In that case, the appellant was a private company, and the Supreme Court ruled that the ordinance did not violate the Due Process Clause, the Commerce Clause or Freedom of Speech.

So the employee's only defense it to appeal to intergovernmental immunity. This doctrine prohibits state and local governments from interfering with federal actions.

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Selected balance sheet and income statement information for Oracle corporation follows.(required computations from the perspecti
tekilochka [14]

Answer:

<u>(A) Compute learn on equity as follows: </u>

Return on equity = (Net income/ Average stock holders’ equity) x 100  

Return on equity = $9,938 / $47,771

Return on equity = 20.8%

Average stock holders’ equity = (48,663 + $46878)/ 2

Average stock holders’ equity = $47,771

<em>Therefore, Return on equity is 20.8% </em>

<u>(B) Compute return on vet assets as follows: </u>

ROA = (Net income / Average total asset) × 100

ROA = ($9,938/100,585) × 100

ROA = 9.88%

Average total asset = (110,903 + 90,266) / 2  

Average total asset = $100,585

<em>Therefore, Return on net assets is 9.88% </em>

<u>(C) Compute return on net operating assets as follows: </u>

Return on net operating assets = (Net Operating income after tax / Average operating assets) × 100

Return on net operating assets = ($9,938 + 1,037) × 100 / 53,991

Return on net operating assets = ($10,975 / $53,991) × 100

Return on net operating assets = 20.33%

Average Operating assets = ($56,535 + 51,447) / 2

Average Operating assets = $53,991

<em>Therefore, Return on net operating assets is 20.33% </em>

8 0
3 years ago
Q 11.5: A corporation purchases 4,000 shares of its own $5 par common stock for $8 per share, recording it at cost. What will be
BaLLatris [955]

Answer:

decrease of 32,000 dollars

Explanation:

the treasury sotck are recorded at cost:

4,000 shares x $8 per share = $32,000

the treasury stock is a contra.equity account that decreases the total stockholders' equity

As this shares are no longer outstading they are held by the firm thus, the capital fund of the firm are lower.

Also notice asset decrease as well because we use cash to acquire them.

7 0
3 years ago
If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. There are two approaches t
AysviL [449]

Answer:

Floating cost adjustment is 3.25%

Explanation:

Flotation-adjusted cost of equity = (Expected dividend at the end of Year 1 / Net proceeds per share) + Growth rate.

Expected dividend at the end of Year 1 (D1) = $ 2.30 (given in question)

Net proceeds per share = (21.30 - 4 % of 21.30) = $ 20.448

Flotation-adjusted cost of equity = (2.30 / 20.448) + 0.04

= 0.1125 + 0.04

= 0.1525 i.e., 15.25 %.

Flotation cost adjustment = Flotation-adjusted cost of equity - Cost of equity without flotation adjustment.

= 15.25 % - 12 % (given in question)

= 3.25 %.

Conclusion:- Flotation cost adjustment = 3.25 %

4 0
3 years ago
Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
tresset_1 [31]

What  affects employers’ decisions on how much to pay their workers is : <u>Maximizing profits.</u>

<h3>What is  profit maximization?</h3>

Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them  to maximize profit.

Every company or organization  goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.

Profit maximization is important as it can tend to lead to sustainable growth for companies which is why  most companies make use of  profit maximization strategy so as to make higher profit.

Therefore what  affects employers’ decisions on how much to pay their workers is : <u>Maximizing profits.</u>

Learn more about Profit maximization here:brainly.com/question/15969466

brainly.com/question/4171648

#SPJ1

4 0
2 years ago
Marisol recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the ho
lukranit [14]

Maria recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the house, she may have to use price skimming

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Price skimming is commonly used for new technologies. DVD players are an excellent example of this. When DVD players first became available in the late 1990s, they could cost up to $1,000. If you do a quick search on Amazon, you'll find that a new DVD player costs only $33.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. When a product is new to the market, skimming is commonly used (in its introduction or growth phase)

To know more about price skimming follow the link:

brainly.com/question/24263055

#SPJ4

3 0
1 year ago
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