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
maria [59]
3 years ago
5

Malcolm was involved in an auto accident. He was judged to be 20% at fault in the accident and the other party was judged to be

80% at fault. Malcolm’s actual damages were $40,000. Under a pure comparative negligence rule, how much will Malcolm receive for his injuries?
Business
2 answers:
lesya [120]3 years ago
6 0

Answer:

Malcom will receive $32,000 for this injurires.

Explanation:

According the data Malcolm’s actual damages were in the accident were $40,000, and the other party was judged to be 80% at fault in the accident.

Therefore in order to calculate how much will Malcolm receive for his injuries, we have the make the following calculation:

$40,000 * 0.8 = $32,000

Hence, Malcom will receive $32,000 for this injurires.

vitfil [10]3 years ago
6 0

Answer:

Malcolm  would receive $32,00 for his injuries

Explanation:

The damages is $40,000 from which the beneficiary of the damages,Malcolm is to foot 20%,hence is expected to receive 80% of the damages from the judgement debtor.

The amount of cost that Malcolm would personally bear is $8000,(20%*$40,000) while receiving the balance of $32,000($40,000-$8000) from the other party,this is the  sharing arrangement for damages under the comparative negligence rule as damages is meant to be awarded depending on the level of the beneficiary level of contributory negligence to the accident.

You might be interested in
lisa is an hr manager who has been assigned the task of establishing pay rates to ensure external equity. what should lisa most
Vikki [24]

Lisa is an HR manager who has been assigned the task of establishing pay rates to ensure external equity. Lisa most likely should conduct a salary survey.

The human resources department is responsible for a wide range of functions within a company. HR manager are responsible for recruiting and hiring new employees, managing employee benefits and records, and administering pay.

They may also be responsible for employee training and development, and employee relations.  They also play a key role in developing and implementing company policies and procedures.

To know more about HR, click here.

brainly.com/question/29035021

#SPJ1

6 0
1 year ago
A job was budgeted to require 3 hours of labor per unit at $11.00 per hour. The job consisted of 8,000 units and was completed i
stira [4]

Answer:

Direct labor time (efficiency) variance= $22,000 favorable

Explanation:

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*8,000 - 22,000)*11

Direct labor time (efficiency) variance= (24,000 - 22,000)*11

Direct labor time (efficiency) variance= $22,000 favorable

8 0
3 years ago
Explain why a finance manager need to understand accounting information even if the firm has a trained accountant on its staff.
nekit [7.7K]

Answer:

Following are the solution to the given question:

Explanation:

A financial manager should understand adequate information on accountancy. This is irrespective of whether the business does have a trained counterpart.

Accountancy is a necessary input into the function of financial management. Throughout the extent, as accounts were important input in financial decision-making is closely connected with both the interaction between finance and financial.

Accrual analysis provides information mostly on the company's operations. The result of the accountancy is accounts like the income statement, the income statement, and the position financial adjustments report. The information in such statements helps money advisors assess a company's previous growth and career projections.

The purpose of accountancy in the choice process is to gather and provide financial data on the institution's past, present, and future activities.

During the economic transaction, the finance department uses these data. This is not possible for money advisors to collect data or to make choices from accounts. And an investor's primary focus is to collect data and display it, whereas budgeting, control, and judgment are the main job of a financial manager. In a sense, financial management starts at the end of accountancy.

7 0
3 years ago
An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
spayn [35]

Answer:

8,3

Explanation:

its less then 10%

5 0
3 years ago
Read 2 more answers
The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the divid
umka2103 [35]

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 + growth rate)

d0 = dividend that was just paid

r = cost of equity

g = growth rate

1.5 x (1.045^6) / 12 - 4.5 = $26.05

6 0
3 years ago
Other questions:
  • John is an employee at a car manufacturer. today he has come into work to find that production has stopped because the governmen
    15·1 answer
  • Victor Lorenz realizes that he needs a new car, so he has read through Consumer Reports and has visited selected dealerships to
    11·1 answer
  • Which of these is NOT an example of a fixed expense in a budget?
    12·2 answers
  • In a market system, how are the terms of exchange established?
    11·1 answer
  • Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli
    7·1 answer
  • Suppose you have the following values for a short-run production process: Q = 20, VC = 100, FC = 600 and MC = 40. Given this, we
    8·1 answer
  • The Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin
    14·1 answer
  • Tall Guys Clothing has a 45-day collection period. Sales for the next calendar year are estimated at $2,100, $1,600, $2,500 and
    15·1 answer
  • Unit 4 laboratory: Heat Transfer​
    15·1 answer
  • Rex and Dena are married and have two children, Michelle (age seven) and Nancy (age five). During 2020, Rex earned a salary of $
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!