QUESTION 31 Denzil was one of 50,000 people defrauded of $40 in an advertising scam. His best course of action to recover his money is to a. bring an individual lawsuit in a U.S. District Court. b. bring an individual lawsuit against the advertiser in a state appellate court. c. mediate the claim with the advertiser. d. become part of a class action lawsuit, which might include plaintiffs who are unaware of the lawsuit or are even unaware they were harmed.

Answers

Answer 1

Answer: d. become part of a class action lawsuit, which might include plaintiffs who are unaware of the lawsuit or are even unaware they were harmed.

Explanation:

When multiple people are affected by unethical and illegal behavior by a company, they can come together and form a class action lawsuit.

In a class action lawsuit, a group of people are named as the plaintiffs and will be represented by some members of the group. The group can include people who did not even know they were unjustly treated or that they are in a lawsuit but in the interest of justice, their names will be included so as to right the wrong they are facing.

Class action lawsuits are beneficial because they save the individual plaintiffs money and put pressure on the courts to find a favorable outcome.


Related Questions

Darin Company purchased a truck and trailer for $54,000. The appraised values of the truck and trailer are $19,000 and $38,000, respectively. What is the amount of the cost that should be assigned to the truck?

Answers

18,000 is the correct answer

How does understanding individual behaviour help authentic leaders overcome challenges in organisations? Provide an example in your response.

Answers

Answer:

To understand the behavior and skill set of the individual

Explanation:

Understanding individual behaviour helps leaders to understand how these people can be useful in contributing to the growth of the team and organization.

It also helps leader to understand the interpersonal skills of an individual being so that there are no issues due to the behavioral aspect with in the team.

A stock index currently stands at 107. The risk-free interest rate is 8.75% per annum (with continuous compounding) and the dividend yield on the index is 2.75% per annum. What should the futures price for a 6-month contract be? (Answer with two decimal accuracy. Example: 132.06)

Answers

Answer: $110.25

Explanation:

Futures price is calculated by the formula:

= Strike price * e ^ (risk free interest rate - dividend yield) * annualized time to expiry

= 107 * e^(8.75% - 2.75%) * 6/12 months

= $110.25

Consider single-server Q with LIFO (last-infirst-out) services. Suppose that three customers show up at times 5, 6, and 8, and that they all have service times of 4. When does customer 2 leave the system?

a. 3
b. 9
c. 13
d. 17
e. 19a

Answers

Answer:

d. 17

Explanation:

The computation is shown below;

Here the time started i.e. t=0

Therefore there was no customer upto t=5 hour

At t=5

The client first came and as there was no other customer available so we begins service to customer 1

Now  

As service off is 4 hour so service to client 1 will end at

t=9 hour.

Also mid-time at t = 6

That means the client 2 came and at t = 8 the  client 3 came.

Now at t = 9 the service begins for client 3 and end at t = 13 ( 9 + 4)

At t=13 hour, so after four hours it should be 17  

Antitrust regulators are likely to prohibit two firms from merging if: __________.
a. There are sizable synergies to the combination
b. The combined firm will have a large share of the market
c. There are many other firms in industry
d. The combined firm will undercut competitiors with lower prices

Answers

Answer:

If the combined firm will have a large share of the market.

Explanation:

Asteroid Industries accumulated the following cost information for the year:

Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200

Using the above information, total factory overhead costs equal: _________

Answers

Answer:

Factory overhead= $22,900

Explanation:

Giving the following information:

Direct materials $15,200

Indirect materials 3,200

Indirect labor 7,700

Factory depreciation 12,000

Direct labor 36,200

Factory overhead is all the indirect costs related to production. In this case:

Factory overhead= indirect materials + indirect labor + factory depreciation

Factory overhead= 3,200 + 7,700 + 12,000

Factory overhead= $22,900

Accounts receivable had a debit balance of $4,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. Credit sales for the period totaled $22,000. Using this information, cash receipts for the period totaled:

Answers

Answer: $20000

Explanation:

The cash receipt for the period based on the information that's given will be:

Opening balance of account receivable = $4000

Add: Credit sales = $22,000

Less : Closing balance of account receivable = $6,000

Cash receipt = $20000

E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a return of 9.75 percent on this stock, how much should you pay today

Answers

Answer:

You would pay approximately $35.00 today

Explanation:

The cost of the stock at the beginning of the year 20

= 20/9.75%

= 20/0.0975

= 205.13 dollars

We find the current price of the stock

= Fv/(1+r)^n

= 205.13/(1+9.75%)¹⁹

= 205.13/1.0975¹⁹

= 205.13/5.86

= $35.00

From this calculation you have to pay 35 Dollars today.

If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after 10 years will be nearest to:

Answers

Answer:

the amount in the fund after 10 years will be $785,075.04

Explanation:

The computation of the amount after 10 years is shown below"

As we know that

Future value  = Present value × (1 + rate of interest)^number of years

= $150,000 × (1 + 0.18)10

= $785,075.04

Hence, the amount in the fund after 10 years will be $785,075.04

One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where Group of answer choices

Answers

Answer: Nooo

Explanation:

Dave's Duds reported cost of goods sold of $1,600,000 this year. The inventory account increased by $130,000 during the year to an ending balance of $465,000. What was the cost of merchandise that Dave's purchased during the year?

Answers

Answer:

$1,730,000

Explanation:

Calculation to determine the cost of merchandise that Dave's purchased during the year

COGS $1,600,000

Add: Increase in inventories $130,000

Purchases $1,730,000

($1,600,000+$130,000)

Therefore the cost of merchandise that Dave's purchased during the year is $1,730,000

The probability distribution of damage claims paid by Insurance ABC on collision insurance is as followed: Payment ($) Probability 0 0.85 500 0.04 1000 0.04 3000 0.03 5000 0.02 8000 0.01 10000 0.01 How much should the collision insurance premium be so the company can break even

Answers

Answer:

The appropriate response is "$430".

Explanation:

According to the question, the solution will be:

⇒ [tex]E(x)=\Sigma xP(x)[/tex]

By substituting the values, we get

⇒          [tex]=0\times 0.85+500\times 0.04+1000\times 0.04+3000\times 0.03+5000\times 0.02+8000\times 0.01+10000\times 0.01[/tex]

= [tex]430[/tex] ($)

Thus, the above is the correct answer.

nature of human resources​

Answers

Answer:

Explanation: Personnel Activities or Functions: Human Resource Management involves several functions concerned with the management of people at work. It includes manpower planning, employment, placement, training, appraisal and compensation of employees


A separate company unit responsible for its own cost and revenue is referred to as which of the following?

Answers

Answer:

forming a work team. A company unit responsible for its own costs and profits is referred to as______ -departmentalization. -specialization.

pls mark me the brainliest

Salge Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $8.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. All other fixed manufacturing overhead costs represent current cash flows. The direct labor budget indicates that 5,300 direct labor-hours will be required in September. The company recomputes its predetermined overhead rate every month. The pre-determined overhead rate for September should be:___.
a. $18.30.
b. $14.10.
c. $8.10.
d. $22.20.

Answers

Answer:

d. $22.20

Explanation:

Calculation to determine what the pre-determined overhead rate for September should be:

Using this formula

Predetermined overhead rate = Variable overhead rate per direct labor hour + Estimated fixed manufacturing overhead/Estimated direct labor hour

Let plug in the formula

Predetermined overhead rate=$8.10 + ($74,730/5,300)

Predetermined overhead rate= $8.10+$14.1

Predetermined overhead rate= $22.20 per direct

Therefore the pre-determined overhead rate for September should be:$22,20

Uncertainties in the supply chain can lead to: _____________

a. strategic changes in production plans
b. increases in inventory across all tiers
c. declines in production
d. a reduction in safety stocks
e. the bullwhip effect

Answers

Answer:

e. the bullwhip effect

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.

Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

Therefore, the fundamental principle on which supply chain management is reliant on, is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

However, uncertainties or fluctuations in the supply chain can lead to the bullwhip effect.

The bullwhip effect is also referred to as the Forrester effect and it can be defined as the increasing inefficient allocation of resources or inventory fluctuations (distortions) due to changes in demand with respect to the upward movement in supply chain i.e from the retailer to wholesaler and to the manufacturer. Thus, this inaccurate assessment of the demands of consumers leads to uncertainties or fluctuations in the supply chain, especially a decrease in the accuracy of the forecast made by a manufacturer (supplier).

The real risk-free rate of interest is 3 percent. Inflation is expected to be 4 percent this coming year, jump to 5 percent next year, and increase to 6 percent the year after (Year 3). Assume maturity risk premium is zero, what should be the interest rate on 2-year, treasury securities today

Answers

Answer: 7.5%

Explanation:

Interest rate on 2 year treasury security:

= Real interest rate + Average inflation rate + Maturity risk premium

Average inflation rate = (Inflation rate coming year + Inflation rate next year) / 2

= (4% + 5%) / 2

= 4.5%

Interest rate on 2-year treasury security is:

= 3% + 4.5% + 0%

= 7.5%

Suppose you know a company's stock currently sells for $31 per share and the required return on the stock is 0.13. You also know that the required return is evenly divided between the capital gains yield (G) and the dividend yield (D1/P0) (this means that if the required retun is 9%, the capital gains yield is 4.5% and the dividend yield is 4.5%).If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Answer with 2 decimals (e.g. 1.23)

Answers

Answer:

The current dividend per share = 1.89

Explanation:

13% = {[Dividend * (1 + g)] / $31} + g

g = 13% / 2 = 6.5%

13% = {[Dividend * (1 + 6.5%)] / $31} + 6.5%

6.5% = Dividend * (1 + 6.5%)] / $31

$31 * 6.5% = Dividend * (1 + 6.5%)

$2.015 / 1.065 = Dividend

Dividend = $1.89

O entendimento das relações de interdependência entre os diversos componentes de uma organização é uma das competências centrais do gestor na atualidade. Ela é regularmente conhecida como:

Answers

Answer:

Administración.

Explanation:

La administración es la gestión integral de una empresa u otra organización, como una organización sin fines de lucro o gubernamental. El objetivo de la administración es formular y lograr los objetivos de la empresa en el contexto dado (a veces muy cambiante). Para alcanzar los objetivos son importantes: determinación de la estrategia, gestión financiera, uso de factores productivos, marketing, innovación y política de personal.  

Answer:

Administración

Explanation:

O entendimento das relações de interdependência entre os diversos componentes de uma organização é uma das competências centrais do gestor na atualidade. Ela é regularmente conhecida como: Administración

What is the effective annual rate for an APR of 10.80 percent compounded quarterly?

Answers

Answer:I think its 11.89

Explanation:

DAN Enterprise purchased a building at the cost of RM250,000. The
purchase was paid RM50,000 in cash and the remaining RM200,000 is on
account. Based on these transactions, what are the effects of these
transactions on the accounting equation?

RM250,000 increase in asset; RM250,000 increase in owner's equity
RM200,000 increase in asset; RM200,000 increase in owner's equity
RM200,000 increase in asset; RM200,000 increase in liability
RM250,000 increase in asset; RM250,000 increase in liability​

Answers

Answer:

guyttiyvk6jfcurifsrtu

Purchase of inventory on credit transactions that Affect Assets and Liabilities. The accounting equation states that there must be a credit for each debit.

Explain about the accounting equation?

The accounting equation demonstrates that the total assets of a company equal the sum of its liabilities and shareholders' equity (assets = liabilities + equity). The basis of double-entry bookkeeping is the distinct relationship between a company's liabilities, assets, and equity.

The three variables in the accounting equation are assets, liabilities, and shareholders' equity. A company's assets are equal to the sum of its liabilities and shareholders' equity, according to a straightforward formula

Liabilities and equity add up to the total amount of assets in the fundamental accounting equation. Assets = Liabilities + Equity is the accounting equation. You use capital or debt to fund your purchases, so both sides of the equation must be equal.

To learn more about accounting equation refer to:

https://brainly.com/question/28246336

#SPJ2

Porter Inc. acquired a machine that cost $367,000 on October 1, 2019. The machine is expected to have a five-year useful life and an estimated salvage value of $43,000 at the end of its life. Porter uses the calendar year for financial reporting. Depreciation expense for one-fourth of a year was recorded in 2019.
Required:
a. Using the straight-line depreciation method, calculate the depreciation expense to be recognized in the income statement for the year ended December 31, 2021, and the balance of the Accumulated Depreciation account as of December 31, 2021.
b. Using the double-declining-balance depreciation method, calculate the depreciation expense for the year ended December 31, 2021, and the net book value of the machine at that date.

Answers

Answer:

The answer is "148050 and 246740".

Explanation:

Please find the complete question in the attached file.

for point a:  

Cost [tex]365000[/tex]  

Less: Salvage value [tex]36000[/tex]  

Depreciable cost [tex]329000[/tex]

Divide by Useful life [tex]5[/tex]

Annual Depreciation [tex]65800[/tex]

Depreciation expense [tex]65800[/tex]  

Accumulated Depreciation[tex]=(65800\times \frac{1}{4})+65800+65800= 148050[/tex]

for point b:

Double declining balance rate [tex]=\frac{1}{5}\times 2= 40\%[/tex]

Depreciation for 2019 [tex]=365000\times 40\%\times \frac{1}{4}=36500[/tex]

Depreciation for 2020[tex]=(365000-36500)\times 40\%=131400[/tex]

Depreciation expense for 2021 [tex]=(365000-36500-131400)\times 40\%= 78840[/tex]

Depreciation expense 78840  

Accumulated Depreciation [tex]=36500+131400+78840 =246740[/tex]

Elliott Credit Corp. wants to earn an effective annual return on its consumer loans of 15.7 percent per year. The bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers

Answers

Answer:

the rate of interest needed to report to the potential borrower is 14.59%

Explanation:

The computation of the rate of interest needed to report to the potential borrower is given below:

= ((1 +  rate of interest per year)^(1 ÷ number of days in a year) - 1) × number of days in a year

= ((1 + 15.7%)^(1 ÷ 365) -1) × 365

= 14.59%

hence, the rate of interest needed to report to the potential borrower is 14.59%

After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. It has arrived with the good news that you are the big winner, having won $27 million. You have three options. (a)Receive $1.35 million per year for the next 20 years. (b)Have $9.75 million today. (c)Have $3.75 million today and receive $1,050,000 for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.

Answers

Answer:

option A - $9.48 miilion

Option B - $9.75 million

Option C - 11.13 miilion

option c

Explanation:

Calculate the present value of each option. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars but not in millions.)

 2. Determine which option you prefer.

Option A

Option B

Option C

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Option 1

Cash flow each year from year 1 to 20 = $1.35 million

I = 13%

Present value = 9.48 miilion

option 2

PV = $9.75 million

Option 3

Cash flow in year 0  =  $3.75 million

Cash flow each year from year 1 to 20 = $1.05 million

I = 13%

Present value = 11.13 million

option 3 has the highest present value and should be chosen  

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

9.48 miilion

11.13 miilion

Alliance Company budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 25,200 pounds. What is the budgeted materials needed in pounds for January

Answers

Answer:

Total direct material needed in pounds= 101,400 pounds

Explanation:

Giving the following information:

Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound.

Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials.

The January 1 inventory for this material is 25,200 pounds.

Production:

January= 24,000 units

February= 28,000 units

Direct material budget:

Production= 24,000*3= 72,000 pounds

Desired ending inventory= (28,000*0.35)*3= 29,400 pounds

Total direct material needed in pounds= 101,400 pounds

Purchases= production + desired ending inventory - beginning inventory

Purchases= 101,400 - 25,200

Purchases= 76,200 pounds

Direct material purchase cost= 76,200*3= $228,60

Paano
maisaalang-
alang ang etika
sa pagbuo ng
teknikal-
bokasyunal na
paunawa/babala/
anunsiyo?​

Answers

Answer:

ewan

Explanation:

ewan ko lng

hope it help joke

Gurl what sorry I don’t under stand

What is accounting? and what is accounting all about?​

Answers

Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Answer:

accounting is the process of recording financial transaction pertaining to a business.

Explanation:

......

The financial statement effects of the payment of a cash dividend (on the date of payment for a previously declared dividend) include:_________.

Answers

Answer:

The financial statement effects of the payment of a cash dividend (on the date of payment for a previously declared dividend) include:_________.

a. Cash (Current Asset) is decreased.

b. Dividends Payable (Current Liability) is decreased.

Explanation:

The journal entry debits the Dividends Payable account and credits the Cash account.  This reduces the dividends payable and the cash accounts respectively by the same amount.  Therefore, current assets and current liabilities are decreased. The effects of the cash payment are on the Balance Sheet and Statement of Cash Flows only.

Assuming that periodic inventory records are kept, the ending inventory on a LIFO basis is Group of answer choices $16,440. $17,160. $17,880. $16,640. None of these answer choices are correct.

Answers

Answer:

$16,440.

Explanation:

Please find attached the data used in answering this question

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

the ending inventory would consist of earlier purchased goods

total sales is 20800

total purchases = 26,000

ending inventory = 26,000 - 20800 = 5200

this price of the ending inventory = 3200 x 3.2) + (2000 x 3.1) = $16,440.

                               

Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $120 per unit.
Manufacturing costs
Direct materials per unit $ 48
Direct labor per unit $ 18
Variable overhead per unit $ 6
Fixed overhead for the year $ 420,000
Selling and administrative cost
Variable selling and administrative cost per unit $ 12
Fixed selling and administrative cost per year $ 110,000
1a. Assume the company uses absorption costing. Determine its product cost per unit.
1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.
2a. Assume the company uses variable costing. Determine its product cost per unit.
2b.
Assume the company uses variable costing. Prepare its income statement for the year under variable costing.

Answers

Answer:

1a. Product cost per unit if absorption costing is used by the company is $82 per unit.

1b. Net operating income if absorption costing is used by the company is $774,000.

2a. Product cost per unit if variable costing is used by the company is $72 per unit.

2b. Net operating income if variable costing is used by the company is $694,000.

Explanation:

1a. Assume the company uses absorption costing. Determine its product cost per unit.

Fixed overhead per unit = Fixed overhead for the year / Units produce for the year = $420,000 / $42,000 = $10

Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit + Fixed overhead per unit = $48 + $18 + $6 + $10 = $82

Therefore, product cost per unit if absorption costing is used by the company is $82 per unit.

1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.

Note: See number 1b of the attached excel file for the income statement for the year under absorption costing.

From number 1b of the attached excel file, we have:

Net operating income = $774,000

Therefore, net operating income if absorption costing is used by the company is $774,000.

2a. Assume the company uses variable costing. Determine its product cost per unit.

Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit = $48 + $18 + $6 = $72

Therefore, product cost per unit if variable costing is used by the company is $72 per unit.

2b. Assume the company uses variable costing. Prepare its income statement for the year under variable costing.

Note: See number 2b of the attached excel file for the income statement for the year under variable costing.

From number 2b of the attached excel file, we have:

Net operating income = $694,000

Therefore, net operating income if variable costing is used by the company is $694,000.

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