Answer:
Yes because both the plaintiff corporation and the defendant corporation have a common state citizenship
Explanation:
A federal court can have federal subject-matter jurisdiction over a case based on diversity jurisdiction, in which is required the jurisdictional amount is more than $75,000 and that non of the plaintiffs has the same citizenship of a state as any of the defendants
The citizenship of a corporation is both the state of incorporation and the corporation's principal place of business
Given that the plaintiff corporation was incorporated in State B and has State C as its principal place of business, the citizenship of the plaintiff corporation is both State B and State C
Similarly, the defendant corporation's citizenship, based on the state the corporation was incorporated and the state of principal place of business are State C and State A
Therefore, the plaintiff corporation and the defendant corporation have the same citizenship of a state, which is State C, and the defendant corporation's motion will be granted
Jack is conducting a risk assessment for his firm and is evaluating the risks associated with a flood inundating the firm’s data center. Consulting FEMA maps, he determines that the data center is located in a 100-year flood plain. He estimates that a flood would cause $5M of damage to his $40M facility. What is the annualized loss expectancy? Group of answer choices $5,000,000 $500,000,000 $50,000 $500,000
Answer: $500,000
Explanation:
Firstly, we should note that the annualized loss expectancy will be 10% of the estimated damage.
Since we are informed that Jack estimated that a flood would cause $5M of damage to his $40M facility, then the annualized loss expectancy will be:
= 10% × $5 million
= $500,000
In the ________________ economies, history, culture, and past actions determine the answers to the three economic questions. Group of answer choices
Answer:
Traditional.
Explanation:
Traditional economy is an economic system in which traditions and customs determine the practice of using limited resources. It is the oldest economic system of the world. In a traditional economy, land and capital are in common ownership, and the main economic problems of society - what, how and for whom to produce - are solved mainly on the basis of traditional tribal or semi-feudal hierarchical relations between people. This type of economy has survived in underdeveloped and industrially developing countries, in which socioeconomic stagnation is pronounced, society seeks to maintain the status quo.
Determine which of the items below would show up on a monthly bank statement. (Check all that apply.)
Checks and other debits decreasing the account during the period
Deposits and other credits increasing the account during the period
Checks that the company has written, but have not cleared the bank yet
Beginning-of-period balance in the account
End-of-period balance in the account
Checks and other credits decreasing the account during the period
Answer:
Deposits and other credits increasing the account during the period.
End-of-period balance in the account.
Beginning-of-period balance in the account.
Checks and other debits decreasing the account during the period.
Explanation:
A bank's monthly statement may be described as document showing transaction details which occurred on a bank account during a specified period of time. The monthly statement will include balance or amount in the account at the beginning of the period. The record of deposits and inflow of funds or credits in the account. The monthly statement will also include outflow, which are withdrawals and debits occurring on the account at the specified period of time. Also, the statement will include the balance at the end of the specified period of time.
Answer:
beginning of period balance in account
End of period balance in account
Withdraws and other decreases to the account during the period
Deposits and other increases to the account durning the period
ith respect to the write-off of an uncollectible account receivable against the Allowance for Bad Debts account, a sound system of internal control would require: Multiple Choice an investigation of why credit was extended to this customer in the first place. a lawsuit to be initiated to recover the uncollectible amount. the write-off to be made within six months after the date of sale. the write-off be approved by two employees.
Answer:
The write-off to be approved by two employees
Explanation:
Allowance Method
This method is capitalizes on matching principle. The key work is to record bad debts expense in the same period as the sales revenue.
Direct Write-off Method
This is simply known as when an accounts receivable are written off and bad debts expense is recorded when the company determines that it will not be able to collect from a specific customer.
Method used
Record bad debts expense and reduce accounts receivable
Debit: Bad Debts Expense
Credit: Accounts Receivable
Recovery method
Step 1: Reverse earlier write off
Debit: Accounts Receivable
Credit: Bad Debts Expense
Allowance For Bad Debts Account
It is usually in a contra asset account, in relation to accounts receivable, that holds the estimated amount of uncollectible accounts. The account is said to limits the asset receivable in anticipation of uncollectible debts.
A group of six investors wants to open a new bank. In their application to the Comptroller of the Currency, they discuss that the community they want to do business in has a median income of $55,000, that there are approximately 75,000 homes in the community and that there is approximately $5.6 million in sales generated in the community on any given day. Which decision factor for seeking a new charter are the investors discussing
Answer: The level of economic activity in the community
Explanation:
The decision factor for seeking a new charter that the investors discussing is the level of economic activity in the community. Economic activity refers to the activity regarding the provision, purchase and sale of goods or services in an economy.
Since the investors discuss that the community has a median income of $55,000, has 75,000 homes and that there is approximately $5.6 million in sales generated in the community on any given day, then they're discussing about the level of economic activity in the community.
The distinction between a current asset and other assets: Multiple Choice is based on the ability to determine the current fair value of the asset. is based on when the asset is expected to be converted to cash, or used to benefit the entity. is based on how long the asset has been owned. is based on amounts that will be paid to other entities within a year.
Answer:
is based on when the asset is expected to be converted to cash, or used to benefit the entity.
Explanation:
There are mainly three types of assets
1. The current asset is the asset that converted into cash within 12 months
2. The fixed asset is the asset that remains fixed like land, building
3 The intangible asset is the asset that cannot be seen or touched like intellectual property such as goodwill, patent
So here the distinction is to be made with respect to the convertibility to cash and the benefit provided to the entity
Ed was working on a custom-made workbench for a customer. The job, TB0414, was begun in November. At the end of November, the job cost sheet for TB0414 showed direct materials of $215, direct labor of 14 hours at $18 per hour, and overhead of 50% of direct labor cost. During December, Ed’s time ticket showed 15 hours on Job TB0414, 25 hours on Job TB0614, 10 hours of maintenance on the lathe, and 40 hours on a new job, DR1014. What is the total amount of overhead applied to TBO414?
Answer:
Allocated MOH= $261
Explanation:
Giving the following information:
Predetermined overhead rate= 50% of direct labor cost
To allocate overhead to Job TB0414, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
First, we need to determine the total labor cost:
TB0414:
Direct labor hours= 14 + 15 = 29
Total direct labor cost= 29*18= $522
Now, the allocated overhead:
Allocated MOH= 522*0.5
Allocated MOH= $261
Michelle, The CEO of Nariko Jets, an airlines company, stated that she owes the credit of her professional success to the time she spent as a volunteer at a homeless shelter and her passion for artwork. She said that she learned to never stop dreaming from her work as a volunteer. Nariko Jets, according to Michelle, was the result of her combined efforts at life lessons that she learnt at the homeless shelter and her paintings which provided her inspiration to help create passenger and jet airlines that would make travel easier and more comfortable. Her competitors have always envied her success. Which of the following factors of inimitability is best reflected in this scenario?
A. First-mover advantage
B. Positive network externalities
C. Casual ambiguity
D. Tacit knowledge
Answer:
The correct answer is the option C: Casual ambiguity.
Explanation:
To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.
Answer: C. Casual ambiguity
Explanation:
Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.
One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.
It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.
Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge the same price for their products. If neither firm reduces the price of its engine, each firm earns $36 million in profit. If both firms reduce their prices, then each firm will earn $10 million in profit. If one firm reduces its price and the other does not, then the firm that reduces its price will earn a profit of $50 million while the other firm will earn a profit of $5 million. If the firms can operate as a cartel, then
Answer:
each firm reduces its price.
Glenda works for a telecommunications company and oversees the planning, execution, and closing of any large telecom projects for new clients. Glenda is what kind of manager
Answer:
Project manager
Explanation:
Glenda must be working as a project manager.
A project manager is a person that leads the team to design and execute projects within an establishment. He/she also ensures monitoring and control of resources in order to get maximum results.
Hence, Glenda must have been employed as a project manager for the telecommunication company.
5. The demand for professional education is increasing these days. Put your views to support the
statement.
Answer:
Professional education helps to rectify the errors in business
Explanation:
After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of ______ strain.
Answer:
physiological
Explanation:
From the question we are informed about an instance whereby, After his company announced that it plans to cut 30% of the workforce within the next 90 days, Deon begins to experience chronic headaches and insomnia. These symptoms are signs of physiological strain.
physiological strain can be regarded as one that contains of at least two stressors, these stressors can be inform of pulling an individual in different directions or pushing in different directions. It is possible for someone to have numerous stresses experience but not numerous strains. Strain can as well be regarded as excessive exertion, it can be undue extension of muscles.
.
Curtis purchased stock with an initial share price of $140, and sold it when the share price was $119. While he owned the stock, he earned $10 in dividends. What was his total percentage return on the investment?
Answer:
i think it is 31 i hope this helps brainlist pls
Comparisons of per capita gross domestic product (GDP) between countries: Group of answer choices provide information about both market and non-market productive capacities. are misleading because GDP isn't always consumption plus investment plus government spending plus net exports. do not necessarily provide a good measure of relative living standards. provide an accurate gauge by which to judge living standards.
Answer:
do not necessarily provide a good measure of relative living standards.
Explanation:
Gross domestic product (GDP) can be regarded as total monetary/market value of finished goods/ services
that is been produced within a boarder of a country in a specific time period.
Per capita gross domestic product (GDP) can be regarded as metric used in breaking down the economic output per person of a country. This can be calculated by finding the division of the GDP of a country i.e using its population to divide the GDP.
It should be noted that Comparisons of per capita gross domestic product (GDP) between countries do not necessarily provide a good measure of relative living standards.
Issuing a pre-approval letter means that borrowers have completed the loan application and provided their debt, total income, and savings information, and the _______ has verified this information.
Answer: underwriter
Explanation:
The loan underwriter is responsible for verifying the information provided by a borrower. They will then use this information to assess the risk that the lender is going to incur if they lend money to the borrower.
When this is done, a pre-approval letter is issued which shows the amount that the lender is willing to lend to the borrower.
what are the types of cheque
Answer:
Bearer Cheque.
Order Cheque.
Crossed Cheque.
Open Cheque.
Post-Dated Cheque.
Ante Dated Cheque.
Stale Cheque.
Traveler's Cheque.
Answer:
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Explanation:
Bearer Cheque.
Order Cheque.
Crossed Cheque.
Open cheque.
Post-Dated Cheque.
Stale Cheque.
Traveller's Cheque.
Self Cheque.
In the Shaping Department of Vaughn Company the unit materials cost is $6.00 and the unit conversion cost is $2.00. The department transferred out 40300 units and had 4800 units in ending work in process 25% complete. If all materials are added at the beginning of the process, the total cost to be assigned to the ending work in process is
Answer: $31200
Explanation:
Based on the information given in the question, the total cost to be assigned to the ending work in process will be:
Material cost = 4800 × $6 = $28800
Conversion cost = 4800 × 25% × $2 = $2400
Therefore, the total cost to be assigned to the ending work in process will be:
= $28800 + $2400
= $31200
Combining data from multiple sources in an effort to find obscure hidden connections that might help identify criminals or terrorists is known as: Group of answer choices Nonobvious relationship awareness Behavioral Targeting Internet Marketing Profiling.
Answer:
Nonobvious relationship
Explanation:
Cyber security can be defined as a preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.
A nonobvious relationship can be defined as a process which typically involves combining data obtained or generated from multiple sources so as to help an individual and business detect hidden (obscure) connections that could help identify and unravel unscrupulous elements such as hackers, criminals or terrorists.
Just like its name, a nonobvious relationship exists between member nations or groups and it may not be exposed to nonmembers.
the Great Recession that began in 2007, the Fed lowered interest rates to almost 0%. What did it do to accomplish this policy
Explanation:
it makes it cheaper for banks to get money from the federal reserve
in return they can offer loans with less interest to customers such as those who buy homes
BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decided to cut the prices it pays for the raw materials. BlockWood Inc. tried to negotiate a price that would be feasible for both companies, but Couches did not agree to pay more than what they had quoted. As BlockWood Inc. was facing similar difficulties with other buyers too, it eventually stopped supplying raw materials and took to manufacturing furniture instead. This scenario best illustrates ________.
Answer:
Forward integration
Explanation:
Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product
So as per the given situation, it is a forward integration
The company named Block Wood Inc. is providing raw materials for Couches Corp. The management has found about the price cuts it pays for raw material. Both the companies are trying to negotiate the prices and are facing difficulties with the buyers.
They need a business strategy such as forward integration that involves a downstream vertical integration. Where the company owns and controls the business. They are always head of the value chain in the industry. They can directly distribute or supply the products.Hence the option D is correct.
Learn more about the has been providing raw materials to Couches Corp., a furniture company.
brainly.com/question/17897651.
Management should conduct a ________ to identify those controls that are most appropriate and provide the greatest benefit to the organization given the available resources.
Answer:
cost-benefit analysis
Explanation:
A cost-benefit analysis (CBA) is the process that are applied to determine the decision benefits or the actions are taken minus the cost along with the actions. It includes the financial metrics like revenue or the cost i.e. saved
So here in the given situation the cost benefit also provides the high benegits to the organization by having the resources
Therefore the above should be the answer
BMW has announced changes to its 3-series models for the upcoming year. The changes include reduced weight, improved aerodynamics, and enhanced driving dynamics. In addition, consumers will have the option of purchasing the vehicle with or without all-wheel drive. How would you classify BMW's 3-series vehicles
Answer:
Improvements or revisions of existing products
Explanation:
The creation of new series or models of a product might see companies go all out to make wholesale changes which will be like a complete overhaul of the precious or current model or companies may opt for a mild changes in the existing product such as allowing for more variant, upscaling on the current model which will be termed as a sort of upgrade or improvement on the existing product. Based on the changes reported about the upcoming BMW 3 series, we can see from the changes made that there are no design or whole sale changes in the series, just an improvement in functionalities and more variant option of the existing model.
Will give brainliest to anyone who can explain how to solve this
Find the amount of markup by subtracting the store cost from sale price:
25-5 = 20
Divide markup amount by cost:
20/5 = 4
Multiply by 100 to get percentage
4 x 100 = 400 %
The answer is B. 400%
Answer:
Explanation:
After-Before/Before = 25-5=20 / 5=4 = 400%B
What is the name given to a management structure in which the line managers are provided with specialists? Please select the most specific answer
Answer:
Line and staff structure
Explanation:
Line and staff structure is an organisational structure where we have line managers that set up goals and directives that are now executed by staff assigned to the line managers.
This is usually used in large organisations and is aimed maintaining managerial authority.
A breakdown of this structure is:
- Line function is the core directive of a manager according to his own departmental goals.
- Staff function is one that supports the line manager with specialised advisory and support functions.
Required-: JOURNAL ENTRY (ACCOUNT)
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque please help Me with this. I'm still confused in it.
- Hey there , ronisha!
Answer:
[tex] \large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}[/tex]
[tex] \large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} : [/tex]
Full settlement generally means DISCOUNT ALLOWED. Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000. You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side. Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side. Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)
Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per year.
Answer:
4.97 %
Explanation:
Data and Calculation :
PV = - $2,262.00
N = 11.00
FV = $3,855.00
P/YR = 1
PMT = $0
I/YR = ? 4.97 %
THUS,
The account earned 4.97 % per year.
Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
The manager of a certain division at Alpha Manufacturing is evaluated on how efficiently the division uses equipment, buildings, and other assets to generate profits. This division is considered a(n): Multiple choice question. cost center investment center profit center asset center
Answer:
investment center
Explanation:
From the question we are informed about The manager of a certain division at Alpha Manufacturing who evaluated on how efficiently the division uses equipment, buildings, and other assets to generate profits. This division is considered a investment center. Investment center can be regarded as business unit in a particular organization , which is able to utilize capital in contributing directly to a profitability of the organization. Organization can evaluate the performance of an investment center by consideration of revenues it generate as regards investments.
The manager of a certain division at Alpha Manufacturing is evaluated on how efficiently the division uses equipment, buildings, and other assets to generate profits which are known as an investment center.
What is an investment center?
The investment center has the responsibility to manage the business funds and capital in a manner that creates huge profit revenues. The center monitors and controls the expenses, revenues, and assets of the business.
Therefore, it has to ensure that all resources are being optimized and are allocated effectively to generate profits.
Learn more about business divisions here:
https://brainly.com/question/1196005
f prices are inflexible, then a negative demand shock will lead to Group of answer choices a short-run decrease in prices. no change in prices a short-run increase in real GDP. a short-run decrease in real GDP.
Answer:
A short-run decrease in real GDP.
Explanation:
A short-run decrease in real GDP.
The last option is correct because the prices are inflexible which means an increase or decrease in quantity will have no effect on the prices. So, the negative demand shock( means a sudden decrease in quantity) will not affect the price but it will decrease the real GDP because the demand curve will shift leftwards.
Suppose the nominal annual interest rate on a two-year loan is 8 percent and lenders expect inflation to be 5 percent in each of the two years. The annual real rate of interest is
Answer:
3%
Explanation:
Calculation to determine what the Annual real interest rate is
Using this formula
Annual real interest rate = Annual nominal interest rate - expected annual inflation rate
Let plug in the formula
Annual real interest rate=8%-5%
Annual real interest rate=3%
Therefore Annual real interest rate is 3%