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julsineya [31]
3 years ago
9

Consumer Goods Corporation sells products that are poorly made. Tina, who has never bought a product from Consumer Goods, files

a suit against the firm alleging that its products are defective. The firm could ask for dismissal of the suit on the basis:
Business
1 answer:
kolbaska11 [484]3 years ago
3 0

Answer: Tina doesn't have a standing

Explanation:

From the information given in the question, we are told that Consumer Goods Corporation sells products that are poorly made.

We are further told that Tina, who has never bought a product from Consumer Goods, files a suit against the firm alleging that its products are defective.

The firm could ask for dismissal of the suit on the basis that Tina doesn't have a standing. This is because Tina has never bought their goods before and therefore shouldn't be alleging that the product of the company is bad. Assuming Tina has bought their products before, then it'll have been harder for the firm to ask for dismissal.

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Answer:

Profit earning ratio of MMC = 10%

Explanation:

Given:

Current stock price = $100

Yearly profit on each share = $10

Profit earning ratio (P\E ratio) =?

Computation of profit earning ratio:

Profit earning ratio (P\E ratio) = Current stock price / Yearly profit on each share

Profit earning ratio (P\E ratio) = $100 / $10

Profit earning ratio (P\E ratio) = 10

It is computed that MMC's Profit earning ratio is nearer to the industry averages P/E ratio so, the investor can wait for some time to purchase this stock.

4 0
3 years ago
Abba, Inc. has developed the following standards for one of its products: Direct materials - 1/2 pound at $6.00 per pound Direct
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Answer:

The answer is $11 per unit.

The standard cost card for this product would show a cost per unit of $11.

Explanation:

The workings are attached.

The formula used is as follows:

<u>Standard cost per unit of a product = direct material per unit + direct labor per unit + variable overhead per unit + fixed overhead per unit.</u>

<u></u>

6 0
3 years ago
________ often assist companies and their employees with ethical issues by formally addressing contributions to government offic
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Answer: Code of ethics

Explanation: Code of ethics refers to the set of principles that guides the professionals to conduct their activities in an ethical manner. A professional can use a code of ethics when ethical dilemma arises during his job.

It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.

Hence from the above explanation we can conclude that the correct answer is code of ethics.

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Brennan Manufacturing monitors the number of customer returns for each product model to attempt to track when the organization i
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The conventional payback period ignores the time value of money, and this concerns Green Caterpillar's CFO. He hwas now asked yo
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The deficiency attached to the Discounted Payback period is that it stops recognizing cashflows after the project is paid off.

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6 0
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