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DIA [1.3K]
3 years ago
11

Annette drove through an intersection without looking and hit Vincent's car that he had driven into the intersection without obe

ying a stop sign. Annette sued Vincent. The jury found that Annette’s fault contributed 30 percent to the collision and determined that her total loss was $100,000. Under comparative negligence, the jury should award Annette:
a. $20,000.
b. $80,000.
c. $100,000.
d. nothing.
Business
1 answer:
Papessa [141]3 years ago
4 0

Answer:

$70,000

Explanation:

Under a Comparative negligence theory,

When an accident occurs, the blame or fault is determined by the contributions of each party towards the accident.

In a pure comparative negligence theory, the victim or plaintiff who files a case, sue the other party and received some part of the damages and hence each party receives the amount related to their damages minus the part of their fault.

In our case, Annette fault contributes 30% to the collision and determined that her total loss was $100,000.

So, Annette will recover:

= Total loss - 30% of fault

= $100,000 - 0.3 × $100,000

= $100,000 - $30,000

= $70,000

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frosja888 [35]

Answer:

The cash payback period is 3.5 years. The answer is True.

Explanation:

According to the given data we have the following:

Year Cash flows Cumulative Cash flows

0           (90,000)         (90,000)

1            36,000          (54,000)

2            30,000        (24,000)

3            18,000                 (6000)

4            12000               6000

5             6000             12,000

To calculate the cash payback period we use the following formula:

Payback period=Last period with a negative cumulative cash flow+(Absolute value of cumulative cash flows at that period/Cash flow after that period).

Payback period=3+($6,000/$12,000)

Payback period=3.5 years

The cash payback period is 3.5 years. True

7 0
4 years ago
It is reported that a 99-year license to use a parking spot at 42 Crosby in New York City is priced at $1 million. The licensee
Volgvan

Answer:

$13.39

Explanation:

future value of an annuity = monthly payment x FV annuity factor

monthly payment = future value / FV annuity factor

future value = $1,000,000

FV annuity factor = [(1 + 0.5%)¹¹⁸⁸ - 1 ] / 0.5% = 74,670.60843

monthly payment = $1,000,000 / 74,670.60843 = $13.39

5 0
3 years ago
Natalia's role with her new team was to produce periodic reports on the team's progress. Her reports were not in the preferred f
Ede4ka [16]

The most likely cause of Natalia's poor performance is the lack of feedback

<h3>What is lack of feedback in communication?</h3>

In communication, the lack of feedback means the situation whereby a sender fails to get an acknowledgement that his/her message was sent.

Therefore, in conclusion, the most likely cause of Natalia's poor performance is the lack of feedback.

Read more about feedback

<em>brainly.com/question/1211593</em>

6 0
3 years ago
Jane reviewed her last monthly statement for her regular savings account. Her beginning balance was $1,808. She deposited $182 a
Natalka [10]
She learned that she had earned $2.52 in interest
6 0
4 years ago
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the com
Katyanochek1 [597]

Answer:

WACC = 7.48%

Explanation:

We can calculate the Firm's WACC by using Excel.

Let's assume this is our Excel Blank Sheet.

          A                    B                                  C                    D

1   Particulars        Rate                             Weight          Weighted rate

2   Debt           = 7.75%(1 - 40%)                 0.45               =B2×C2

                        = 4.65%

3   Equity         = (0.65/(19 × (1 - 10%)))+6%

                        = 9.80%                               0.55             = B3×C3

4                     WACC                                   =SUM(D2:D3)

<h3>Output:</h3>

          A                    B                  C                    D

1   Particulars        Rate              Weight          Weighted rate

2   Debt            = 4.65%             45%               2.09%

3   Equity          = 9.80%             55%               5.39%

4                     WACC                                        7.48%

4 0
3 years ago
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