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myrzilka [38]
3 years ago
7

An environmental service employee of the hospital was called to the vascular surgery floor to clean the floor where a bag of pot

assium chloride had spilled. After cleaning the floor, the employee failed to place any signs advising others of a wet floor. Mrs. Jones, a hospital visitor, fell on the wet floor and injured her back. She incurred medical expenses of $560.00 and lost wages in the amount of $1000.00. She brought suit and the jury awarded her $1560.00, representing reimbursement of the medical expenses and lost wages, plus $10,000 for the jurors perceived recklessness on the part of the hospital. What is the $10,000 amount considered
Business
1 answer:
alexira [117]3 years ago
3 0

Answer:

Punitive Damages

Explanation:

The $10,000 awarded by the jurors is a punitive damages to the organization because it serves as a kind of punishment to deter future occurrence of such conduct (recklessness)

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I believe the answer is A.
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Pakistan State Oil - the leading oil marketing company of Pakistan, operated approved funded defined benefit pension schemes sep
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The reasons for PSO to switch from DB to DC Scheme are:

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<h3>What are the reasons for a shift?</h3>

The movement from defined benefit (DB) to defined contribution (DC) pension plans is known to be one that has made workers to decide or make choices that may affect their financial resources in terms of retirement.

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2 years ago
Adams Company is a manufacturing company that has worked on several production jobs during the first quarter of the year. Below
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Answer:

d.$1,685

Explanation:

Though many jobs were completed, but only Job 356 and 357 were sold.

Cost of Goods Sold = cost of job 356 +cost of job 357

= $450 + $1,235

= $1,685

5 0
3 years ago
Knoll, inc. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit, and fixed costs of $300,000.
Lunna [17]
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(300,000÷15,000)+20=40

Current profit
50×15,000−40×15,000=150,000

Profit change
60×15,000−40×15,000=300,000

units will knoll need to sell for profit to remain the same as before the price change is
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3 0
4 years ago
Tobin Supplies Company expects sales next year to be $500,000. Inventory and accounts receivable will "increase $80,000" to acco
wel

Answer:

External funds needed = $40,000.

Explanation:

An increase in the firm's retained earnings (a component of the shareholder's equity) arises as a result of higher sales volume, thereby making the  Asset = Liability + Shareholder's Equity Equation unbalanced.

Therefore, there must be an increment in the firm's assets by an equal amount in order to re balance the equation. If there is an increase in assets by a greater magnitude than retained earnings increment, the gap is filled by external financing (which is a liability and increases the liability component of the equation).

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                                                  = $40000

Increase in assets = $80000

External funds needed = $(80000-40000) = $40,000.

7 0
4 years ago
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