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Katen [24]
3 years ago
9

When Bad Frog Brewery, Inc., placed a label on its product showing a frog with unwebbed fingers with its middle finger extended,

New York State sued to prohibit the use of the label, claiming it to be obscene and claiming an interest in protecting the state's children. The court found______________
Business
1 answer:
Nutka1998 [239]3 years ago
6 0

Answer:

The appellate court ruled in favor of Bad Frog (lower court had ruled in favor of the New York State Liquor Authority) arguing that the label did not portray or concern an unlawful activity, and the state's authority couldn't prove it was protecting children from vulgar images.

The initial problem related to the repeated denial of the New York State Liquor Authority to approve Bad Frog's label even after the company had changed the label to make it less obscene. Bad Frog sued the New York State Liquor Authority and the District Court ruled against them. Then Bad Frog appealed and won.

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In the Investment marketplace, Investors will likely accept a high-risk investment only if it promises
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Answer: C. high returns

Explanation: Risk-return tradeoff is an investing theory which indicates that as higher the risk, the greater the return reward. In order to determine an acceptable risk-return tradeoff, investors need to weigh several aspects, including total risk exposure, the ability to substitute missing capital, and more.

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Hope this helps!
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3 years ago
Future value: Ning Gao is planning to buy a house in five years. She is looking to invest $25,000 today in an index mutual fund
Gemiola [76]

Answer:

$44,059

Explanation:

The formula and the computation of the future value is shown below:

Future value = Present value × (1 + interest rate)^number of years  

= $25,000 × (1 + 0.12)^65

= $25,000 × 1.7623416832

= $44,059

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6 0
3 years ago
Langley Company reported net income for 2022 in the amount of $460,000. The company's financial statements also included the fol
inn [45]

Answer:

$655,000

Explanation:

Cash flow from operating activities involved all the cash flows related to the operations of the company like sales , purchases, receivable, payable etc.

Net Cash flow is the net of receipts and Payment.

Following are the operating cash flows.

Cash flows from operating activities

Net Income                                                  $460,000

Add: Non cash Expense Adjustments:

Depreciation                                                  $107,000

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Decrease in Inventory                 $62,000

Increase in Account payable      $250,000

Less: Net Change in WC                               $235,000

Other Adjustments

Gain on sale of Land                                    <u>($147,000)</u>

Net Operating Cash flow                              <u>$655,000</u>

Depreciation is a non cash expense deducted from the revenue to calculate net income. Now it needs to be added back.

6 0
3 years ago
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