Can the government require a company to recall a product if they believe it is harmful to consumers?

Business

1 answer:

Ymorist [56]2 years ago

3 0

Answer:

A.Yes. They have the power to remove it if they believe it’s harmful.

Explanation:

When the government have reasons to believe that a product is potentially harmful to consumers and or buyers, they have the right to require a company to recall a product, if they believe it is harmful to consumers, because it is then the governments responsibility to protect the public.

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Some of the following future cash flows have been expressed in then-current (future) dollars and others in CV dollars. Use an in

Cloud [144]

Answer:

$62,267.91

Explanation:

first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%

now we can use the present value formula:

present value = future value / (1 + rate)ⁿ

present values for:

cash flow year 0 = $17,100
cash flow year 3 = $46,500/1.166³ = $29,333.06
cash flow year 4 = $12,300/1.166⁴ = $6,654.43
cash flow year 7 = $26,900/1.166⁷ = $9,180.42

total present value = $62,267.91

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3 years ago

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Cardwire Inc. has decided to lower the price of all its products to keep up with its competitors. To achieve this, the company n

sashaice [31]

Answer:

Strategic dissonance

Explanation:

Based on the information provided within the question it can be said that the term that best illustrates the situation is Strategic dissonance. This term intents to describe the disconnect between the organization's actions from their actual intent. Which seems to be the case in this scenario as Cardwire Inc. has lowered it's prices in order to sell more and lower it's overall costs but has instead spent more on buying raw materials.

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2 years ago

You are doing some analysis on the has a market value that is equal to its book value. Currently, the firm has excess cash of $1

ikadub [295]

Answer:

the new earnings per share will be 231 cents

Explanation:

Earnings per share is Earnings attributable to each Common Share.

Earnings Per Share = Earnings attributable to Holders of Common Stock/ Weighted Average Number of Common Shares

= $1,575 million/ (700 million-250/10000×700 million)

= $1,575 million/(700 million-17,2 million)

= 231 cents