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iris [78.8K]
3 years ago
6

An off-duty, out-of-uniform police officer and his son purchased some food from a convenience store and were still in the parkin

g lot when a carload of teenagers became rowdy. When the officer went to speak to them, the teenagers assaulted him. The officer shouted to his son to get the convenience store clerk to call for help. The son entered the store, told the clerk that a police officer needed help, and instructed the clerk to call the police. He returned 30 seconds later and repeated the request, urging the clerk to say it was a Code 13. The son claimed that the clerk laughed at him and refused to do it. The policeman sued the store for the injuries that the teenagers caused. This case primarily deals with ____.
Business
1 answer:
Keith_Richards [23]3 years ago
4 0

Answer:

Bystander rule

Explanation:

As per law, a bystander rule does not impose any legal obligation on an individual to help another individual in distress. However, a business firm that is open for public service is bound to help an individual in distress or get somebody to help the individual.

The case deals with bystander rule. Here, the policeman could sue the store clerk for not following bystander rule. The clerk was supposed to help the out-of -uniform police officer when his son called out for help.

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If two projects (investments) A and B are said to be mutually exclusive then we know that the firm ______________. can choose to
Vitek1552 [10]

Answer:

must choose to invest in either A or B, but not both.

Explanation:

The whole concept of being mutually exclusive is that you must choose only one alternative investment. You can either choose to invest in A or B, but you cannot invest in both A and B, or first invest in A (or B) and then in the other one.

Generally investment projects are mutually exclusive due to budgetary constraints, i.e. you do not have enough money to invest in all of them, so you must choose the most profitable one considering the associated risks and capital costs.

3 0
3 years ago
A share of preferred stock pays a quarterly dividend of $2. 50. if the price of this preferred stock is currently $50, what is t
Ainat [17]

The nominal annual rate of return is 20%

Given,

Annual dividend = $2.50(4) = $10. rps

= Dps/Vps = $10/$50 = 0.20 = 20%

The nominal rate of go back is the quantity of cash generated by way of an investment before factoring in charges such as taxes, funding charges, and inflation. If an funding generated a ten% go back, the nominal rate would equal 10%.

Nominal interest price refers back to the hobby price earlier than taking inflation into consideration. Nominal also can seek advice from the advertised or said interest rate on a loan, without contemplating any fees or compounding of interest.

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6 0
2 years ago
Dixie South currently pays an annual dividend of $1.46 a share and plans on increasing that amount by 2.75 percent annually. Nor
sesenic [268]

Available Options are:

A. Market price.

B. Dividend yield.

C. Capital gains yield.

D. Total return.

E. Real return.

Answer:

C. Capital gains yield.

Explanation:

This can be explained using the Dividend valuation model formula, which is as under:

Po = Dividend * (1+g) / (R-g)

The reason is that the dividend paid out of Northern Culture has higher growth rate than the Dixie South which means that if the growth is higher the increase in the share value is higher. The growth in share value will increase the share price significantly because increase in growth increases the nominator by (1+g) and decreases the denominator by g. This means that the capital gains (Stock sale price - Stock purchase price) will increase significantly and hence the capital gains yield will increase.

As the company Northern has higher dividend growth rate, it will have higher Capital gains yield than the the stock of Dixie.

3 0
3 years ago
Crawford Corporation incurred the following transactions.1. Purchased raw materials on account $53,000.2. Raw Materials of $41,8
mafiozo [28]

Answer:

1.

Raw Materials $53,000 (debit)

Account Payable $53,000 (credit)

2.

Work In Process : Direct Materials $33,100 (debit)

Work In Process : Indirect Materials $ 8,700 (debit)

Raw Materials $41,800 (credit)

3.

Salaries Expenses $60,500 (debit)

Salaries and Wages Payable $60,500 (credit)

4.

Work In Process : Direct Labor $54,800 (debit)

Work In Process : Indirect Labor $5,700 (debit)

Salaries Expense $60,500 (credit)

5.

Overheads Expenses $84,800 (debit)

Trade Payable $84,800 (credit)

6.

Depreciation - Office Building $9,000 (debit)

Accumulated Depreciation- Office Building $9,000 (credit)

7.

Work In Process $87,680 (debit)

Overheads $87,680 (credit)

8.

Finished Goods $94,200 (debit)

Work In Process $94,200 (credit)

9.

J1

Cost of Goods Sold $78,200 (debit)

Finished Goods $78,200 (credit)

J2

Trade Receivable $109,000 (debit)

Revenue $109,000 (credit)

Explanation:

The Manufacturing Costs accumulate in the Work In Process Account during manufacture.

The Costs is de-recognized from Work In Process Account to Finished Goods Account on transfer to Finished Goods.

The Costs are then de-recognized from Finished Goods to Cost of Sales on Sale to Customers.

Calculation of Overhead Applied :

Overhead = $54,800 × 160% = $87,680.

3 0
3 years ago
The appropriate journal entry to transfer the cost of completed units from the Work in Process account would involve a credit to
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Ig a……………………………………….
8 0
3 years ago
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