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4 years ago

Establishment's liquor license was revoked because of service to minors what liability was involved

Business

1 answer:

posledela4 years ago

5 0

its Criminal liability.

because, as seller of alcohol, you may face criminal laws if you break any law:

-Serving alcohol to a minor

-Serving a guest who is or appears to be intoxicated

-Possessing, selling, or allowing the sale of drug on the premises

Consequences include:

-Probation

-Fined

-Jailed

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________ is the extent to which a firm's internal activities encompass one, some, many, or all activities that make up an indust

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Answer:

BE Scoping strategy CC Horizontal scope D.A)Horizontal installation.

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3 years ago

36. Comparing Cash Flow Streams [LO1] You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offere

SpyIntel [72]

Answer:

the second option

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

first option

Cash flow in year 1 and 2 - $85,000

1 = 7

PV = $153,681.54

Second option

Cash flow in year 0 = $20,000

Cash flow in year 1 and 2- $74,000

I = 7

PV = $153,793.34

the pv of the second payment is higher than the first so the seconf would be choosen

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

153,681.54

7 0

3 years ago

a non-profit organization has obtained a temporary daily on-sale license for a fundraiser. who within the organization has to be

inysia [295]

The owner within the organization has to be RBS certified. Responsible Beverage Service training teaches servers how to serve alcoholic beverages responsibly for on-premises consumption while also reducing alcohol-related harm in California communities.

The new California law covers more than just bartenders and servers. This new law will have an impact on the entire alcohol industry. requiring nearly everyone to participate in a Responsible Beverage Training course (RBS). Depending on your location, the Study Material and final exam will take between 2 and 6 hours. The exam is 90 minutes long and must be completed in one sitting.

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4 0

1 year ago

Tanner-UNF Corporation acquired as a long-term investment $170 million of 6% bonds, dated July 1, on July 1, 2013. Company manag

Neporo4naja [7]

Answer:

1) The Investment would be classified as Held-to-maturity securities

2) Journal Entries (in millions)

Debit Investment $170 Credit Bank $140 Credit Discount on investment $30

3) Debit Bank $5.1 Debit Discount on investment $0.5 Credit Interest Income $5.6

4) Debit Fair Value loss $20 Credit Investment $20

5) The investment will be reported at the fair value of $150,000

6) Debit Bank $120 Debit Discount on Investment $29.5 Loss on Investment $0.5 Credit Investment $150,000

Explanation:

Interest = investment * semiannual interest

6%/2 = 3%

8%/2 = 4%

Bank = $170,000,000*3% = $5,100,000

Interest income = $140,000,000*4%= $5,600,000

Fair Value $150

cost $170

Fair Value Loss = $20

4 0

3 years ago

You plan to purchase a $340,000 house using either a 25-year mortgage obtained from your local savings bank with a rate of 8.10

larisa [96]

Answer:

a. Interest under 10 year mortgage = CUMIPMT(7.1%/12, 10*12, 340000*80%, 1, 10*12, 0)

Interest under 10 year mortgage = 108662.44

Interest under 25 year mortgage = CUMIPMT(8.1%/12, 10*12, 340000*80%, 1, 25*12, 0)

Interest under 25 year mortgage = 363217.16

Difference in interest = 363217.16 - 108662.44

Difference in interest = 254554.72

b. Monthly payment under 10 year = PMT(7.1%/12, 10*12, 340000*80%)

Monthly payment under 10 year = 3172.19

Monthly payment under 25 year = PMT(8.1%/12, 25*12, 340000*80%)

Monthly payment under 25 year = 2117.39

Difference in the monthly payment = 3172.19 - 2117.39

Difference in the monthly payment = 1054.80

5 0

3 years ago