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3 years ago

What is the meaning of the full faith and credit clause

Business

1 answer:

Yuki888 [10]3 years ago

6 0

Hello!

the full faith and credit clause explains the fact that states within the United States have to respect the public acts, records, and judicial proceedings of every other state.

for example, if someone has a driver's license in Vermont, it will be considered valid in new mexico.

or if someone were to get married in California, they would still be married if they move to Virginia.

I hope this helps, and have a nice day!

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Defining the organizational mission forces managers to identify ________.

quester [9]

To identify what the organization is in business to do.

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3 years ago

Layton Company purchased tool sharpening equipment on October 1, 2012, for $108,000. The equipment was expected to have a useful

dusya [7]

The amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company is determined as follows:

<h3>(a) the straight-line method:</h3>

2012: $33,600

2013: $33,600

2014: $33,600

2015: $0

<h3>(b) the units-of-output method:</h3>

2012: $11,340 (1,350 x $8.40)

2013: $35,280 (4,200 x $8.40)

2014: $30,660 (3,650 x $8.40)

2015: $23,520 (2,800 x $8.40)

<h3>(c) the double-declining-balance method:</h3>

2012: $71,993 ($108,000 x 0.6666)

2013: $24,002 ($36,007 x 0.6666)

2014: $4,805 ($12,005 - 7,200))

2015: $0

<h3>Data and Calculations:</h3>

Cost of equipment = $108,000

Useful life = 3 years

Operating hours = 12,000

Residual value = $7,200

Depreciable amount = $100,800 ($108,000 - $7,200)

Straight-line depreciation rate = $33,600 per year ($100,800/3)

Units-of-output method rate = $8.40 per hour ($100,800/12,000)

Double-declining-balance method rate = 66.6666 (100/3)

Thus, the depreciation expenses for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company have been determined using (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method.

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2 years ago

A nurse is teaching a parent about the safety measures to be taken at home. Which statement made by the parent requires further

Vilka [71]

Answer:

Statement 3 - I lock my medications in the store cabinet.

Explanation:

I lock my medications in the store cabinets indicates further teachings

Which prevents easy access by toddler who can mistakenly ingest doses of drugs that is dangerous to their health so parent that makes such statement shows awareness and understanding of home safety around toddlers.

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3 years ago

Emma deposited $500 in a savings account at her bank. Her account will earn an annual simple interest rate of 9%. If she makes n

saveliy_v [14]

$995.00 she will have in her account in 11 years

Future Value = Present Value + Present Value * Interest Rate * Time Period

Future Value = $500 + $500 * 0.09 * 11

Future Value = $995.00

Simple interest is a quick and easy way to calculate interest on a loan. Simple interest is calculated by multiplying the daily interest rate by the principal and multiplying by the number of days elapsed between payments.

Simple Interest (SI) is a method of calculating the amount of interest on a particular principal at a particular interest rate. For example, when a person takes out an Rs loan. At a rate of 5000, 10 p.a. for 2 years, the interest for a person for 2 years is SI. To the borrowed money.

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1 year ago

You are a member of the senior management staff at XYZ Corporation. You have historically been using a functional structure set

vodomira [7]

Answer and Explanation:

Please find diagram attached

Organizational structure can be depicted using the organizational chart showing how the different departments are arranged in such a manner as to suit the organization and be directed firmly towards its goals

B. Different organizational structure exists for different organizations depending on the type of business the company is into. A company would define it's organizational structure based on such things as market changes and competition to enable flexibility and actionable and quick responses to changes. This is done to enable quick and effective decision making for a constantly changing business environment

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2 years ago