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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.

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Buyer persona is a fictional, generalized representation of the ideal customers of your business.
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The buyer persona depends at first of your business type (what will you produce and to whom).

7 0
2 years ago
Melbourne Company uses the perpetual inventory method. Melbourne purchased 500 units of inventory that cost $4.00 each. At a lat
ra1l [238]

Answer:

$1,200

Explanation:

Calculation to determine what the amount of ending inventory appearing on the balance sheet will be:

First step is to determine the units in ending inventory

Units in ending inventory=500 units + 600 units – 800 units sold

Units in ending inventory= 300

Now let determine the Ending inventory

Ending inventory=300 units x $4.00

Ending inventory = $1,200

Therefore the amount of ending inventory appearing on the balance sheet will be:$1,200

5 0
2 years ago
Katlin Markets is debating between a levered and an unlevered capital structure. The all-equity capital structure would consist
Goshia [24]

Answer:

e. $42,857.14

Explanation:

The computation of the break-even level of earnings before interest and taxes between these two options is shown below:

(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares  

(EBIT) ÷ (75,000 shares) = (EBIT - $20,000) ÷$40,000

40,000 × EBIT = 75,000 × EBIT - $1,500,000,000

35,000 × EBIT = $1,500,000,000

After solving this,  

The EBIT would be $42,857.14

The interest expense

= $320,000 × 6.25%

= $20,000

8 0
2 years ago
Megan McCoy has a bachelor's degree in business management and human resources. She has 5 years of HR experience as an HR assist
mote1985 [20]

Answer:

The correct option of this question is (B). Explanation of this answer is given below in the explanation section

Explanation:

(B) is Correct Option:

Human resource manager in an organization is responsible for planning, directing and coordinating human resource management activities such as employee compensation, employee recruitment, promotions offer to an employee, etc. The major duties of the HR manager is to manage the human resource in an organization.

Why other options are not correct

(A). Interaction with customers to provide information in response to inquiries about products and services, and to handle and resolve complaints is not the responsibility of the HRM manager. It is the responsibility of the Marketing department and customer service department. In short, the customer service and marketing department are mainly responsible to perform such activities in an organization.

(C). Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization is the responsibility of the accounting department. And, accounting manager is responsible for such types of activities to perform in an organization.

(D) Supervise and coordinate the activities of clerical and administrative support workers is the responsibility of Admin (a managerial post) working in the administrative unit of an organization. Usually, at this post, first-line manager, team lead, assistant manager are working under the supervision of the administrative department.

(C) Compile and keep personnel records. Record data for each employee, such as address, weekly earnings, absences, amount of sales or production, supervisory reports on ability, and date of and a reason for termination is also a responsibility of the HRM and sales department. However, it is noted some responsibility such as employee record management is the sole responsibility of the HRM department and HRM manager. But termination of an employee, absence recording, amount of sales or production are the responsibility of other departments such as the administrative department, sales department, and marketing department, etc. However, this option is also correct in a sense only if employee management involved, otherwise, this option is not correct.

3 0
3 years ago
the regular selling price of a mountain bike is $369.27. the markdown rate is 27%. use the percent paid to determine the sale pr
Ganezh [65]

The sale price of the mountain bike is $468.97 (369.27 x 27% = 99.70 + 369.27)

3 0
3 years ago
Read 2 more answers
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