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notka56 [123]
3 years ago
14

The johnsons are in an auto accident with a driver who lives near them in the same town. no one is injured and the johnsons' car

suffered only $5,000 in damages. why can't the johnsons sue the other driver in federal court? .
Business
1 answer:
jek_recluse [69]3 years ago
6 0

The Johnson's can't sue the driver in the Federal Court because the Johnson's live in the same state (since the driver lives near the Johnson's in the same time) and the damages ($5,000.00) are too small.  

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Assume that John's marginal tax rate is 40%. If a city of Austin bond pays 6% interest, what interest rate would a corporate bon
Lisa [10]

Answer:

B. 10%

Explanation:

Given that

Tax rate = 40%

Net tax rate = 6%

Recall that

Gross interest = Net of tax rate / ( 1 - tax rate)

Therefore,

= 0.06 ÷ ( 1 - 0.40)

= 0.06 ÷ 0.60

= 0.1

= 10%

5 0
3 years ago
which neighborhood quality of life issue is most affected by the overuse of alcohol? a. litter b. property values c. traffic con
frosja888 [35]

Property values neighborhood quality of life issue is most affected by the overuse of alcohol.

What is Property values?

Creating an opinion of value for actual property is known as real estate appraisal, property valuation, or land valuation. Because real estate transactions happen seldom and each property is unique, as opposed to corporate stocks, which are exchanged every day and are all the same, assessments are usually required.

Therefore,

Property values neighborhood quality of life issue is most affected by the overuse of alcohol.

To learn more about Property values from the given link:

brainly.com/question/14408208

#SPJ4

8 0
1 year ago
The Sports Warehouse operates in two distinct segments; equipment and apparel. The income statements for each operating segment
tatuchka [14]

Answer:

1.

Vertical analysis of The Sports Warehouse's two operating segments.

                                         Equipment                 Apparel

                                       Amount$       %        Amount$        %

sales                                1,700,000   100       2,850,000     100

Cost of goods sold         1,100,000    64.7     1,400,000      49.1

Gross profit                     600,000     35.3     1,450,000       50.9      

Operating expenses      250,000      14.7      500,000         17.5

operating income           350,000      20.6     950,000        33.3

other income/expenses 25,000        1.50      (60,000)         2.1

income before tax          375,000       22.1      890,000        31.22

income tax expense       90,000        5.30     280,000        9.8

net income                      285,000      16.8      610,000        21.4

2.

The a) Apparel segment is more profitable than the b) Equipment segment

Explanation:

1.

Vertical analysis ios made by taking a percentage of each lsited items of income statement to a base value. Normally the base value is the sales value. In this question I have calculated all the percentage based on the sales value.

2.

Gross Margin

By comparing the Gross margin of both segments, 50.9% of apparel is more than that of 35.3% of Equipment. So, Apparel segment is more profitable.

Net Margin

By comparing the Net margin of both segments, 21.4% of apparel is more than that of 16.8% of Equipment. So, Apparel segment is more profitable.

4 0
2 years ago
Read 2 more answers
For each of the following pairs of firms, explain which firm would be more likely to engage in advertising.
lions [1.4K]

Answer:

The correct answers are:

a) Family owned restaurant

b) A manufacturer of cars

c) A company that invented a very comfortable razor

Explanation:

First of all, the family who owned a restaurant will be the one that would most likely engaged in advertising due to the fact that they provide a service that has to be known for the people of the community around the place and all the tourists that go that area, meanwhile the other familiy would obviously just sell its products to the better buyer that they could find.

Secondly, the manufacturer of cars would be the one that most likely engaged in advertising due to the fact that they found themselfs in a very competitive and oligopoly market that is the car market and therefore that they highly need to stand out their making them better than the ones from the competitors.

Finally, the company who invented a very comfortable razor would be the one who engaged more in advertising due to the fact that they known they have a better product that the rest of the competitors so they need to take advantage of that and make sure that the consumers know about it and with that they would sell more and therefore invest more in advertising as well.

7 0
3 years ago
A problem is listed below. Identify its type. A certain company has purchased new swivel chairs for its employees. The company m
DochEvi [55]

Answer:

it is 12.8%

Explanation:

cause it is

8 0
2 years ago
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