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2 years ago

Easy career question for you

Business

1 answer:

mixas84 [53]2 years ago

3 0

ANSWER:
I would think B would be your answer, but if we are talking about in 2021 with pandemic, then most likely A.

Hope this helps sorry if it doesn’t

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Please give a complete answer to all questions, citing the legal principle to support your answer.

Alex Ar [27]

1. In the criminal justice system, John can temporarily put Jack in custody pending the arrival of the police. Jack was not detained for a period longer than five minutes and not for a civil wrong.

Thus, in this lawsuit for the tort of unlawful imprisonment, Jack will lose because he committed a crime. He cannot apply a civil law to a criminal case.

2. Adriana is correct that her personal assets cannot be reached in this lawsuit brought by the shareholders of DEF, Inc. because SLA Accountants, LLP is a limited liability partnership and not just an ordinary partnership.

A limited liability partnership, like a limited liability company, offers members limited liability. However, the shareholders of DEF, Inc. may decide to sue Adriana personally.

3. Andrew is wrong because the car handed over by Sam was not a completed inter-vivos gift. The transfer was not absolute but conditional upon Sam not returning from the Middle East.

As a conditional transfer of gift, the vesting of the ownership interest created by the transfer depends on the fulfillment of a condition.

Thus, since the transfer condition did not materialize, Andrew should return the car to Sam in good faith.

Learn more about inter vivos gifts and limited liability partnerships here brainly.com/question/14767795 and brainly.com/question/1166757

5 0

2 years ago

Trumbull Company budgeted sales on account of $120,000 for July, $211,000 for August, and $198,000 for September. Collection exp

Andreyy89

Answer:

Total cash receipts 194,760

Explanation:

We will calculate base on the budget number provided.

We will multiply the month sales revenue by the amount expected to be colelcted on september

The receipts from account receivable on september:

<u>60% of previous month:</u>

60% of August: 198,000 = 118,800

<u>36% from the second month:</u>

36% of July: 211,000 = <u> 75,960 </u>

Total cash receipts 194,760

5 0

3 years ago

Vangaurd Health System bonds have an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years. If y

Umnica [9.8K]

Answer:

Price willing to pay=$1105.94

Explanation:

Annual Coupon Payment=$1,000*0.08

Annual Coupon Payment=$80

Calculating Present Value (PV) of Par Value:

$PV=\frac{FV}{(1+i)^{20}}$

Where:

i is the rate of return.

FV is par value

$PV=\frac{\$1000}{(1+0.07)^{20}}$

PV= $258.419.

Calculating PV of annual Coupon Payment:

$PV=A\frac{1-(1+i)^{-20}}{i}$

i is the coupon rate

A is the annual Payment

$PV=\$80\frac{1-(1+0.07)^{-20}}{0.07}$

PV=$847.521

Price willing to pay= Present Value (PV) of Par Value+ PV of annual Coupon Payment

Price willing to pay=$258.419+$847.521

Price willing to pay=$1105.94

8 0

3 years ago

McGinnis Construction is a cash-basis company with a fiscal year-end of June 30. McGinnis’ employees earn a normal weekly wage o

viva [34]

Answer:

As a result of operations, there will be an understatement of McGinnis’ net income for the most recent fiscal year of 30900

Explanation:

Services 40900

Weekly wage 10000

FY end on June 30900

The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company

5 0

3 years ago

Carol Thomas will pay out $14,000 at the end of the year 2, $16,000 at the end of year 3, and receive $18,000 at the end of year

Fittoniya [83]

The net value of the payments vs. receipts in today's dollars is ($11,102).

<h3>What is the present value?</h3>

The present value of future cash flows is the current value or the value in today's dollars. It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV=FV \frac{1}{(1+r)^{n}}

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Interest rate = 12%

Period Cash flow PV Factor PV

Year 2 ($14,000) 0.797 -$11,158 ($14,000 x 0.797)

Year 3 ($16,000) 0.712 -$11,392 ($16,000 x 0.712)

Year 4 $18,000 0.636 $11,448 ($18,000 x 0.636)

Net present value of cash flows -$11,102

Thus, the net value of the payments vs. receipts in today's dollars is ($11,102).

Learn more about present value at brainly.com/question/20813161

4 0

1 year ago