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Reika [66]
3 years ago
5

Tim received a letter from his state college stating that he had been expelled from the school. The letter stated his finance pr

ofessor reported him to the Dean's office for cheating and that a committee had decided to expel him. He was reminded in the letter he had been disciplined earlier that same year for plagiarizing a term paper. Tim believes his due process rights have been violated by the college. Discuss what factors should be considered to determine the validity of Tim's claim?
Business
1 answer:
Lady bird [3.3K]3 years ago
7 0

Answer: He should make an appeal of not given a notice and the neutral fault finding should be introduced

Explanation:

They are something's that Time has to consider to challenge the expulsion already prepared for him. He should make an appeal to a court or a higher authority for a reversal of the decision while doing this he should let the court know that he wasn't notified earlier about schools decision and that a neutral fault finder process should be introduced to investigate the whole scenario.

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Swifty Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mater
ale4655 [162]

Answer:

$27,000,000

Explanation:

Cost of Goods Manufactured = Direct Material Used + Direct Labor + Manufacturing Overhead + Opening Work In Progress - Closing Work In Progress

When Direct Material Used =  Beginning raw materials inventory + Raw materials purchased + Ending raw materials inventory

Direct Material Used = 300,000  + 1,060,000 - 480,000 = 880,000

Direct Material Used =  $880,000

Hence, Cost of Goods Manufactured = 880,000 + 820,000 + 820,000 + 1,080,000 - 900,000

Cost of Goods Manufactured= $27,000,000

Swifty Corporation's cost of goods manufactured for the year is $27,000,000

8 0
3 years ago
On December 31, Year 1, JM Co. exchanged a used machine for a new machine from DP Inc. The used machine had a book value of $100
Evgen [1.6K]

Answer:

Situation 1:  JM Co.

a. The cost of the new machine in Year 1 = $150,000

b. JM should record a gain of $5,000 in Year 1.

Situation 2:  AB Inc.

a. The cost of the new machine in Year 1 = $65,500

b. AB Inc. should not record any loss or gain.

Situation 3: DDC

a. The cost of the new crane in Year 1 is $125,000

b. There is a gain of $5,000 from the transaction between DDC and ZN.

Explanation:

JM Co.

1) Used machine:

Book value = $100,000  ($120,000 cost minus $20,000 accumulated depreciation)

Fair value of $90,000

Gain on exchange = $5,000 ($105,000 - $100,000)

New machine:

List price = $150,000

Paid $105,000 with trade-in allowance

Paid $45,000 in cash

Value received from DP:

Book value                         $100,000

Cash paid                              45,000

Total value exchanged     $145,000

Fair value of new crane =   150,000

Gain on exchange               $5,000

3) JM records a gain of $5,000 being the difference between the trade-in allowance of $105,000 and the book value ($100,000) of the old machine

Situation 2:

AB Inc.

Used Truck:

Book value = $57,500 ($75,000 cost minus $17,500 accumulated depreciation)

Fair Value = $60,000

Value received from LL:

Book value                         $57,500

Cash paid                               8,000

Fair value of new crane =   65,500

No gain or loss.

Situation 3:

DDC Co.

Book value of used crane = $120,000

Fair value of $125,000

Value received from ZN:

Fair value of new crane = $110,000

Cash received                       15,000

Total value received         $125,000

Book value of old                120,000

Gain                                      $5,000

7 0
3 years ago
Household behavior with respect to changes in income can be described by the marginal propensity to consume (MPC) and the margin
Citrus2011 [14]

Answer: Greater the MPC

Explanation:

The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.

The formula for MPC is;

= Change in Consumption/Change in Income.

Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.

As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.

If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.

5 0
3 years ago
Martina wants to expand her business. She will need to buy a larger facility and equip it with additional machinery. She should
soldi70 [24.7K]

Answer:

Certified Development Company 504 Loan Program

Explanation:

The US Small Business Administration 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which also means real estate, buildings and machinery, at a price below the normal market rate. Its mission involve boosting the development of various businesses. The SBA offers a number of different loan programs linked to a particular capital need of growing businesses. The 504 program works by sharing the loan among three parties. The business owner puts in a minimum of 10%, a conventional lender which is the bank puts up 50%, and Certified Development Company (CDC) puts up the remaining 40%.

5 0
4 years ago
Nefchio is a popular Web site among online gamers. It incorporates interactive and collaborative features to create a richer, mo
svlad2 [7]

Answer:

Web 2.0

Explanation:

Web 2.0: The term "Web 2.0" is described as a specific website that is responsible for allowing the different users to collaborate and interact with one another via "social media dialogue" as creators associated with "user-generated content" in a particular virtual community. However, it tends to contrast the very first generation of "Web 1.0-era" websites in which individuals were considered as limited towards viewing a specific content in a "passive manner".

In the question above, the given statement represents "Web 2.0".

4 0
3 years ago
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