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scZoUnD [109]
3 years ago
10

What if the United States Supreme Court had not issued the prior opinion and California courts also had not decided that those c

lauses contravene a strong public policy? Which is the right answer?1.first impression 2.unprecedented issues 3.persuasive authority 4.equity
Business
1 answer:
Alenkinab [10]3 years ago
6 0

Answer:

First Impression

Explanation:

First Impression applicable if the United States Supreme Court had not issued the prior opinion and California courts also not decided that those clauses contravene a strong public policy.

As by definition of First Impression that a case in which a question of interpretation of law is presented which has never arisen before in any reported case. Sometimes, it is only of first impression in the particular state or jurisdiction, so decisions from other states or the federal courts may be examined as a guideline.

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060237RR Business And Finance Basics, Part 2
pentagon [3]
B i had this before. :)
3 0
3 years ago
The Holmes Company's currently outstanding bonds have a 9% coupon and a 12% yield to maturity. Holmes believes it could issue ne
Ivan

Answer:

7.20%

Explanation:

Given that

Coupon rate = 9%

Yield to maturity = 12%

And marginal tax rate is 40%

So by considering the above information, the after tax cost of debts is

= Yield to maturity × (1 - tax rate)

= 12% × (1 - 0.40)

= 7.20%

After considering the tax rate and then multiplying with the yield to maturity we can get the after tax cost of debt

We ignored the coupon rate

8 0
3 years ago
All of the following are types of operating costs except
makvit [3.9K]

Answer:

B. Equity Capital

Explanation:

I KNOW EVERYTHING

3 0
3 years ago
At December 31, Hawke Company reports the following results for its calendar year.
kodGreya [7K]

The adjusting entries for acknowledging the bad debts would be:

a). Bad Debts Expense                  $50 640

Allowance for Doubtful Accounts                     $50 640

b). Bad Debts Expense                 $48089.1

Allowance for Doubtful Accounts                     $48089.1

Bad debts:

  • Bad debts are described as debts that are unable to be recovered from their respective debtors.

The key reasons for this could be:

  • The debtor is bankrupt and cannot pay the amount.
  • The debtor flees away and thus, can't be compelled to pay.

The given amounts are obtained as follows:

a). Given that,

Bad debts is 1.5% of credit sales.

Credit Sales = $3,376,000

Bad debts = 1.5% of $3,376,000

∵ Bad debts = 1.5/100 * $3,376,000

= $50 640

b). Given that,

Bad debts = 1 % of total sales.

Total Sales = Credit sale + Cash sale

= $3,376,000 + $1,432,910

= $4808910

Bad debts = 1% of 4808910

∵ Bad debts = 1/100 * $4808910

= $48089.1

Learn more about 'Journal entries' here:

brainly.com/question/17439126

3 0
3 years ago
Which statement is true of employee empowerment? A) Managers should ensure that employees are not linked to resources outside th
Snowcat [4.5K]

Answer:

B) Jobs must be designed to give employees the necessary latitude for making a variety of decisions.

Explanation:

The employee empowerment aims to provide resources and skills necessary for employees to have freedom and make their own decisions.

The organizational structure of a company will directly influence how employees are motivated or not to make certain decisions. In companies with a horizontal organizational structure, which is more flexible, there is an incentive for employees to make their decisions, which is a process that encourages innovation, engages employees, makes employment more motivating and valued, reduces response time of a decision and makes the decision-making process less bureaucratic and rigid.

5 0
3 years ago
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