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Aleonysh [2.5K]
3 years ago
9

Melissa's tugboat accidentally collides with Tyler's yacht, and Tyler sues Melissa for negligence. A federal jury finds Melissa

liable and awards Tyler $5,000 in compensatory damages as well as $50 million in punitive damages. Melissa appeals to the United States Supreme Court, challenging the punitive damages award. If the Supreme Court heard the case, it would likely:
a) Uphold the damage award as serving a legitimate purpose.
b) Uphold the damage award as proportional to the harm.
c) Overturn the punitive damage award as grossly excessive.
d) Refuse to review the issue because the court cannot overturn jury awards
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0

Answer:

C. overturn the punitive damage award as grossly excessive

Explanation:

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Calculate the loan balance for each of the six months. The loan balance is calculated as the additional cash needed for a given
alexandr402 [8]

Answer:

The closing balance from the excel sheet is $5,000.00

Explanation:

Solution

Given that:

The loan balance required l for each month can be computed  as follows:

The loan balance = additional cash needed – cash used to retire debt + loan balance from previous month

Now

By applying the excel formula to perform this task is stated as follows:

D34 = SUM(D31-D33,C34)

The same formula is used to get the values for E34 to I34.

Kindly find an attached copy  of the updated excel sheet after applying above formula which is a part of the solution is as follows:

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3 years ago
Which statement is not correct about the business-society interdependence?
Dmitry_Shevchenko [17]

Answer:

D. Actions by governments rarely significantly affect business

Explanation:

Business-socciety interdependence points out how business activities impact society and how society impacts business decisions. Government actions play a significant role in business performance. For example, an increase in interest rate increases the cost of borrowing and acts as an investment disncentive. Likewise, an increase in corporation tax stifles the incentive to invest and reduces corporate profit. Other government interventions such as standards and regulations, minumum wage legislations, permits and licenses would not only reduce business profits but could make doing business very cumbersome. Also, the extent to which the government is committed to maintaining political stability could determine the extent to which invesmtent thrives in an economy.

6 0
3 years ago
On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On F
GrogVix [38]

Answer:

The Journal entry and their narrations is shown below:-

Explanation:

1. Allowance for doubtful accounts Dr,      $9,800  

      To Account receivable-Oakley Co.  $2,400

       To Account receivable-Brookes Co.            $7,400

(Being write off is recorded)

2. Account receivable-Oakley Co. Dr,          $2,400  

           To Allowance for doubtful accounts       $2,400

(Being amount reinstated is recorded)  

3. Cash Dr,                                                      $2,400  

      To  Account receivable-Oakley Co.   $2,400

(Being cash received is recorded)  

7 0
3 years ago
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Lostsunrise [7]

Answer:

E. 115 boxes.

Explanation:

d: 10 boxes/day

p: 36 boxes/day

n: 365 days

s: $60

H: $24 box/year

D: d*n

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EPQ = \sqrt{2DS/H} *\sqrt{p/p-d}

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Your answer is D :)
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