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Brilliant_brown [7]
3 years ago
13

Lg electronics, inc., and nineteen other foreign companies participated in the global market for cathode ray tube (crt) products

, which were integrated as components in consumer goods, including television sets. These goods were sold for many years in high volume in the miller, roger leroy. Cengage advantage books: business law today, the essentials: text and summarized cases (mindtap course list) (page 72). South-western college/west. Kindle edition.
Business
1 answer:
Genrish500 [490]3 years ago
6 0

Answer: No. the motion should not be granted because the business was done in Washington and hence, fall under Washington's jurisdiction.

Explanation:

Here is the complete question:

LG Electronics, Inc., and nineteen other foreign companies participated in the global market for cathode ray tube (CRT) products, which were integrated as components in consumer goods, including television sets. These goods were sold for many years in high volume in the United States, including the state of Washington. Later, the state filed a suit in a Washington state court against LG and the others, alleging a conspiracy to raise prices and set production levels in the market for CRTs in violation of a state consumer protection statute. The defendants filed a motion to dismiss the suit for lack of personal jurisdiction. Should this motion be granted? Explain.

From the information that have been given in the question, we are informed that the defendants filed a motion to dismiss the suit for lack of personal jurisdiction.

The motion should not be granted because the business was done in Washington and hence, fall under Washington's jurisdiction. Therefore, the motion should not be dismissed.

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GRZ Inc. purchased a customized delivery truck in January 2018 for $70,000. They plan to use this truck for 7 years, and the com
asambeis [7]

Answer:

The correct answer is A) $2.800

Explanation:

Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:

  1. Finding the depreciable cost: Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000
  2. Finding the depreciation per year: Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000
  3. Finally, the depreciation tax shield for 2018: Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800
7 0
3 years ago
Which of the following costs do not vary with the amount of output a firm produces? a. average fixed costs b. fixed costs and av
Harrizon [31]

Answer:

d. fixed costs

Explanation:

The fixed cost is the cost which does not change if there is a change in the level of production i.e if the production level is increased or decreased it the fixed cost would remain the same as it is previous before

Therefore according to the given situation, since the fixed does not vary with the amount of firm output

Hence, option d is correct

4 0
3 years ago
Risoner Company plans to purchase a machine with the following conditions: Purchase price = $300,000. The down payment = 10% of
ser-zykov [4K]

Answer:

$62,160

Explanation:

Given:

Purchase price = $300,000

Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000

Thus,

the cumulative amount to be financed = $300,000 - $30,000 = $270,000

The present value of an annuity of $1 per year for 8 years at 16% = $4.3436

Now,

Annual payment

= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)

= $270,000 / 4.3436

= $62,160.42

≈ $62,160

8 0
3 years ago
The following gives the number of pints of type A blood used at Woodlawn Hospital in the past 6 weeks.
Licemer1 [7]

Answer:

Attached is the solution:

3 0
3 years ago
If $ 10,000 is invested in a certain business at the start of the​ year, the investor will receive $ 3 comma 000 at the end of e
Vlada [557]

Answer:

$889.70

Explanation:

The computation of the net present value is shown below:

= Present value of all yearly cash inflows after applying discount factor - initial investment  

where,  

The Initial investment is $10,000

All yearly cash flows would be

= Annual amount received × PVIFA for 4 years at 4%  

= $3,000 × 3.6299

= $10,889.70

Refer to the PVIFA table

So, the net present value is

= $10,889.70 - $10,000

= $889.70

7 0
3 years ago
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