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3 years ago

Personal jurisdiction is not possible over the objection of an out of state defendant ________.

Business

1 answer:

fenix001 [56]3 years ago

6 0

Answer:

NOT-unless the court believes that justice would be served.

Explanation:

Personal jurisdiction in legal setting can be regarded as the power conferred on a court to make decision on the case of the party that's been sued, for the court to exercise this power , there is a requirement that the party must have contact in minimum way together with forum in the court.

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An investor deposits $35,000 into an IRA for her retirement in 25 years.The account pays 3.5% interest compounded continuously.

sergeinik [125]

Answer:

The value of her account after 25 years, if she stays true to the plan is:

= $152,823.31.

Explanation:

a) Data and Calculations:

Initial deposits = $35,000

Period of investment = 25 years

Interest rate per year = 3.5% compounded continuously

Annual deposit into the same account = $1,800

Period of investment = 25 at 3.5% interest rate

Total value of her IRA account after 25 years:

Future value of $35,000 = $82,713.57

Future value of $1,800 yearly = 70,109.74

Total future value = $152,823.31

From an online financial calculator:

N (# of periods) 25

I/Y (Interest per year) 3.5

PV (Present Value) 35000

PMT (Periodic Payment) 0

Results

FV = $82,713.57

Total Interest $47,713.57

N (# of periods) 25

I/Y (Interest per year) 3.5

PV (Present Value) 0

PMT (Periodic Payment) 1800

Results

FV = $70,109.74

Sum of all periodic payments $45,000.00

Total Interest $25,109.74

7 0

3 years ago

ABC Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $40,000. During 2020, it wrote off $28,800 of acc

SVETLANKA909090 [29]

Answer:

$20,400

Explanation:

The computation of the bad debt expense for 2020 is shown below:

Ending balance of Allowance for Uncollectible Accounts = Beginning balance of Allowance for Uncollectible Accounts + bad debts -write off amount

where,

Ending balance of allowance for uncollected accounts is

= $800,000 × 5%

= $40,000

Beginning balance of Allowance for Uncollectible Accounts is $40,000

And, the written off amount is

= $28,800 - $8,400

= $20,400

So, the bad debt expense is

= $40,000 - $40,000 + $20,400

= $20,400

We simply applied the above formula so that the bad debt could arrive

6 0

3 years ago

Assume that the custodian of a $450 petty cash fund has $57.10 in coins and currency plus $387.00 in receipts at the end of the

postnew [5]

Answer:

e a debit to cash for 396.50

7 0

4 years ago

Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also sells its o

antoniya [11.8K]

Answer:

$97 million cash inflow from financing activities.

Explanation:

Given: Company issue bonds for $100 million

Repay long term notes payable is $10 million.

Company sell its own shares= $12 million

Pay cash dividend= $5 million.

Now, lets calculate the cash inflow from financing activities (CFF)

∴ Formula; Cash inflow from financing activities= $\textrm{cash inflow from issuing equity or debt -(cash paid as dividend +repurchase of debt and equity)}$

Cash inflow are the item through which cash is flowing in the company.

∴ cash inflow= $(\textrm{(cash inflow issuance of bonds and selling own shares)}$

Cash inflow= $(100+12)= \$ 112\ million$

Cash inflow from financing activities= $112-(10+5)= 112-15$

Cash inflow from financing activities is $97 million

6 0

4 years ago

1. Define "Minimum wage", and tell me what the current minimum wage is today.

torisob [31]

<u>A minimum wage is the lowest remuneration that employers can legally pay their workers the price floor below which workers may not sell their labor.</u>

*Put that in your own words though

7 0

3 years ago