Answer:
The correct answer is C. This claim is most likely based on the right to substantive due process.
Explanation:
Substantive due process is a means by which the government's ability to interfere with the fundamental rights of individuals is limited. In this case, the fundamental right violated is that of freedom of expression, guaranteed by the First Amendment. Thus, since it is a right with constitutional protection, the government cannot curtail its operation without the due legal process necessary for this purpose.
Answer:
It is more profitable to continue to rework the phones and sell them.
Explanation:
Giving the following information:
Signal mistakenly produced 1,000 defective cell phones.
<u>The $65 per phone is a sunk cost. It will remain on both decisions, therefore, we will not take into account to make the decision.</u>
Sell as it is:
Income= 33*1,000= $33,000
Rework:
Costs= 88*1,000= $88,000
Sales= 144*1,000= $144,000
Total gain= $56,000
It is more profitable to continue to rework the phones and sell them.
Answer:
The correct answer is d. Going concern assumption
.
Explanation:
The ongoing business is an accounting term for a company with the necessary resources to continue operating without the threat of a liquidation in the foreseeable future, generally considered as at least within twelve months. It implies for the business the declaration of intention to continue with its activities at least during the next year.
This is a basic hypothesis to prepare your financial statements, which means that the company has no need or intention to liquidate or actually reduce its operations. This term also refers to a company's ability to earn enough money to stay afloat or avoid bankruptcy.
Answer:
The journal entry for the issuance of the stock is shown below:
Explanation:
Land A/c....................................................................................Dr $236,000
Building A/c...............................................................................Dr $378,000
Common Stock A/c..................................................................................Cr $192,000
Paid in Capital in excess of par value of Common stock A/c.......Cr $422,000
Working Note:
Common Stock = Number of shares × Rate per share
= 24,000 × $8
= $192,000
Paid in Capital in excess of par value of Common stock = (Land + Building) - Common Stock
= ($236,000 + $378,000) - $192,000
= $614,000 - $192,000
=$422,000
Answer:
total expected bonus = $1262800
Explanation:
given data
bonus = $23,000
Probability = 12 percent
bonus = $10,000
Probability = 25 percent
bonus = $6,000
Probability = 8 percent
total sales = 220
solution
first we get probability for bonus amount = $0
probability = 1 - ( 12% + 25% + 8 % )
probability = 0.55
so here Expected bonus per employee company will pay is
Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)
Expected bonus = $5740
so total expected bonus is
total expected bonus = $5740 × 220
total expected bonus = $1262800
