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mr_godi [17]
3 years ago
8

A Metro City ordinance imposes a jail term, without a trial, on all vendors who operate in certain areas. A court would likely r

eview this ordinance under the principles of:_________.
a) equal protection.
b) free exercise.
c) due process.
d) free speech.
Business
1 answer:
Alex Ar [27]3 years ago
8 0

Answer:

C) due process.

Explanation:

The 5th Amendment of the US Constitution states that no individual may be deprived of life, liberty or property without due process of law.

All government levels (federal, state or local) must respect the rights of the individuals that live in them. Due process helps to protect individuals from  abuses committed by government authorities.

In this case, no one can be sent to jail without a trial being held. An individual can be arrested, but for a limited time and until a trial is held.

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Novak Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $
Temka [501]

Answer: $2,940,000

Explanation: Weighted Average Accumulated Expenditure is the product of the amount incurred multiplied by the no of months its being capitalised.

on March 1st $ 2,520,000 was incurred = 10/12*2,520,000=2,100,000

on 1st June $1,680,000 was incurred = 6/12*1,680,000= 840,000

on 31st December $4,200,000 was incurred = 0/12*4,200,000=0

Total Weighted Average Accumulated Expenditures = 2,100,000+840,000

= $2,940,000

6 0
4 years ago
Read 2 more answers
An asset (not an automobile) placed in service in June 2019 has a depreciable basis of $35,000 and a recovery period of 5 years.
maw [93]

Answer:

$35,000

Explanation:

The Tax Cuts and Jobs Act increased the percentage of bonus depreciation for qualifying assets from 50% to 100% for those assets acquired and put into service between September 27, 2017 and January 1, 2023. If this asset qualifies for a bonus depreciation, then you can depreciate 100% during the first year. You can also use the bonus depreciation with a section 179 expensing in order to depreciate expensive assets, but the section 179 expensing comes first and then the bonus depreciation.

7 0
4 years ago
Willing to give a lot of points
ivann1987 [24]

One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.

<h3>What is free market?</h3>

A free market is a market structure where there is no interference from government but forces of demand and supply controls it.

With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.

Learn more about free market here : brainly.com/question/13519121

#SPJ1

6 0
2 years ago
"Jane wins $100,000 in the lottery and immediately uses her winnings to open a donut shop. Her direct costs for the first year a
shutvik [7]

Answer:

Jane's total cost is $60,000.

Explanation:

This is because of the phenomenon called Opportunity Cost.

Simply put, opportunity cost is the cost of the next best alternative use of resources when a choice is made at the detriment of another.

We can also define it by saying, Opportunity Cost is the forgone alternative.

So we know she spent $50,000 to start her business, but would have made 10% of $100,000 which is $10,000 which is the opportunity cost, she has incurred a total cost of $60,000.

3 0
3 years ago
Stock Y has a beta of 1.30 and an expected return of 14.9 percent. Stock Z has a beta of .95 and an expected return of 12.8 perc
Sever21 [200]

Answer:

Stock Y is overvalued and Stock Z is undervalued.

Explanation:

The stock is fairly valued when the required rate of return on the stock is equal to its expected return. If the expected return on the stock is more than the required rate of return, the stock is undervalued and vice versa.

The required rate of return on the stock is calculated under the CAPM approach suing the following formula.

r = rRF + Beta * rpM

Where,

  • rRf is the risk free rate
  • rpM is the risk premium on market

r of Stock Y = 0.052 + 1.3 * 0.077  =  0.1521 or 15.21%

The required rate of return of Stock Y (15.21%) is more than its expected rate (14.9%) which means the stock is overvalued.

r of Stock Z = 0.052 + 0.95 * 0.077 = 0.12515 or 12.515%

The required rate of return of Stock Z (12.515%) is less than its expected rate (12.8%) which means the stock is undervalued.

6 0
3 years ago
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