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3 years ago

Judge made laws are known as

1 answer:

8 0

I found this online :

In law, common law (also known as judicial precedent or judge-made law, or case law) is the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions. The defining characteristic of “common law” is that it arises as precedent.

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1. Which of the following events would make it more likely that a company would call its outstanding callable bonds? a. The comp

muminat

Answer:

The answer is letter C

Explanation:

Market interest rates decline sharply.

6 0

3 years ago

The following amounts were selected from the production report of Chandon Corporation: Actual units in production 42,000 Equival

SpyIntel [72]

Answer:

Total cost is equal to $81300

So option (c) will be correct answer.

Explanation:

Actual unit of production = 42000

Cost of per equivalent material = $1.10

Equivalent cost of material = $=42000\times1.1=46200$ $

Equivalent cost of labor = $=39000\times 0.9=35100$ $

Therefore total cost of production = $46200+$35100 = $81300

So total cost will be $81300

Therefore option (c) is the correct answer

5 0

3 years ago

Which of the following statements is true of simulated market testing?

mario62 [17]

Answer:

The correct answer is letter "B": It is used to monitor shopper behavior to assess a product's performance.

Explanation:

Simulated Test Marketing or STM is a simulation of a real market place to evaluate consumers' reactions to a product that is going to be introduced or that is already in the market but some sort of assessment is necessary to boost its sales. STM is useful to estimate demand and conduct a market analysis.

3 0

3 years ago

Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactionsduring the mon

frozen [14]

Answer:

<u>If records invoices at gross amounts</u>

October 2th

inventory 3,000 debit

A/P 3,000 credit

October 2nd

A/P 500 debit

inventory 500 credit

October 17th

inventory 5,400 debit

A/P 5,400 credit

October 26th

A/P 5,400 debit

Inventory 108 credit

cash 5,292 credit

October 31th

A/P 2,500 debit

Cash 2,500 credit

<u>If records invoices at nets amounts</u>

October 2th

inventory 2,940 debit

A/P 2,940 credit

October 2nd

A/P 490 debit

inventory 490 credit

October 17th

inventory 5,292 debit

A/P 5,292 credit

October 26th

A/P 5,292 debit

cash 5,292 credit

October 31th

A/P 2,490 debit

Inventory 10 debit

Cash 2,500 credit

Explanation:

gross amount: we use the invoice nominal

net amount: we use the net nominal

October 2nd net:

3,000 x (1-2%) = 2,940

returns net: 500 x ( 1 - 2%) = 490

October 16th invoice net:

5,400 x ( 1 - 2%) = 5,292

october 31th

october 2th invoice balance:

2,940 - 490 = 2,450

8 0

3 years ago

Pharoah Incorporated factored $154,700 of accounts receivable with Engram Factors Inc. on a with recourse basis. Engram assesses

VashaNatasha [74]

Answer:

Cash 135,604 debit

Due from factor account: 7,735 debit

Loss on Factoring 18,081 debit

Recourse Liability 6,720 credit

Accounts Receivable 154,700 credit

--to record sales of account receivables--

Explanation:

fee: 154,700 x 3% = 4,641

retention: 154,700 x 5% = 7,735

recourse: 6,720

The company will receive cash for the difference between his account receivable and the discount above:

154,700 - 4,641 - 7,735 - 6,720 = 135.604‬

We post the retention as an assets as latter we will recove this amount.

Then, the recourse as a liaiblity. Write-off the receivables and later, the cash receipts.

The difference will be considered a loss.

5 0

3 years ago