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zaharov [31]
2 years ago
12

Applegate is in litigation with Magnifium over a contract breach. Applegate has been approached by a former janitor for Magnifiu

m who can testify regarding conversations about the contract between Magnifium executives. The janitor heard them when the executives had stayed late at work and he was cleaning. Can Applegate use the statements at trial?
Business
1 answer:
VladimirAG [237]2 years ago
5 0

Answer:

Applegate cannot use the janitor's statement in the trial since the janitor was not directly involved in the work that was being discussed in the meeting. At most, Applegate can try to use some of the information to investigate further about the issue by its own.

Explanation:

The janitor could be considered a hearsay witness, but courts usually limit their testimonies depending on whether its content is admissible or not. The court and Magnifium's lawyers would examine the perception of the witness, his recollection of the events, how he communicated those events to the other party involved in the case, and most importantly the truthfulness of the witness testimony.

The janitor doesn't have a solid position in any of the possible challenges, e.g. he might be mad for being fired and is making up the story, he misinterpreted what he heard because he didn't know what they were talking about, Applegate reached the witness and offered him money to testify, his testimony may have some gray areas or may not be complete. There are simply too many possible objections that can eliminate his testimony and leave Applegate in a worse position.

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You are the manager in charge of setting the strategy for a new frozen yogurt company. Which of the following questions would be
AfilCa [17]

Answer:

B) How have consumer preferences in frozen yogurt flavors changed in the last five years

Explanation:

During the analysis phase of the AFI strategy framework we need to evaluate that how have consumer preferences in frozen yogurt flavors changed in the last five years. Since we know that AFI framework analysis we seek the planning analysis, formulating and implementation. Companies always go back to reassess their strategy based on changes in the environment.

7 0
2 years ago
AV City stocks and sells a particular brand of laptop. It costs the firm $625 each time it places an order with the manufacturer
Sphinxa [80]

Answer:

Please consider the explanation below

Explanation:

a.Optimal order quantity per order = √2CO / I

= √[2*1500Units*625 ]/ (130)

=√1875000/130

=120 units per order

b.Minimum total annual inventory costs

Annually orders = 1500 / 120

= 12.5 times

Ordering cost = 12.5*625 = $7812

carrying cost = 120 units *$130 = $15600

Total annual inventory cost = $23412

c.The number of orders per year

= Annual denand / Optimum oder

= 15000 U / 120

= 12.5 times

• d.The time between orders (in working days)

= 364 / 12.5 (considered one leave)

= 29.12 days

=29 days

4 0
2 years ago
Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals $
Fed [463]

Answer:

Explanation:

Goodwill is defined as the excess in amount of the purchase price of a company over the fair value at acquisition.It is intangible in nature , meaning it can not be physically separated from the other assets. Example are patent , brand name , good employee relation.

1.

Goodwill calculation

Purchase price - $2,500,000

Fair value -          $1,800,000

Goodwill -               $700,000        

2.

No

Under the IAS 36, impairment of assets , goodwill is not amortized but annually tested for impairment as amortization is applicable to intangible assets with a definite useful life while intangible assets with indefinite useful life are annually tested for impairment to evaluate a loss in value experienced.

3

No

Under IAS 38 , Internally generated goodwill are not recognized as no related cost is incurred towards achieving a future benefit

7 0
2 years ago
The NPV and IRR method occasionally do not agree on accept/reject decisions when evaluating an investment proposal.
Umnica [9.8K]

Answer:

True

Explanation:

i hope this works\ but if it's not then it will be false

3 0
2 years ago
Read 2 more answers
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies sug
Ivahew [28]

Answer:

1. Net operating loss is $63,300.

2. break even point in unit is 27,710 units while break even point in dollar sales is $2,632,450.

3. Profit is maximum at $180,700 at 50,600 units and selling price of $85 per unit.

4. Break even point in unit is 41,565 units while break even point in dollar sales is $3,533,025.

Explanation:

1. What is the present yearly net operating income or loss?

Total revenue = 25,600 × $95 = $2,432,000  

Total variable expenses =  25,600 × $65 = $1,664,000

Fixed expenses = $831,300

Total expenses = Total variable expenses + Fixed expenses

                          = $1,664,000 + $831,300

Total expenses = $2,495,300

Net operating loss = Total revenue -  Total expenses

                               = $2,432,000  - $2,495,300

Net operating loss = - $63,300

Therefore, net operating loss is $63,300.

2. What is the present break-even point in unit sales and in dollar sales?

Break even point in unit = Fixed costs ÷ (Unit selling price - Unit variable cost)

Note that (Unit price - Unit variable cost) refers to contribution per unit. Therefore, we have:

Break even point in unit = $831,300 ÷ ($95 - $65)  = 27,710 units

Break even point in dollar = Break even point in unit × Unit selling price

Break even point in dollar = 27,710 × $95 = $2,632,450.

Therefore, break even point in unit is 27,710 units while break even point in dollar sales is $2,632,450.

3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit?

Units = 25,600 + (5,000 × n)

Where n denotes number of years.        

Tota revenue = Units × [$95 - (n × $2)]

Total cost = (Units × $65) + $831,300

When n = 3,

Units = 25,600 + (5,000 × 3) = 40,600 units

Total revenue = 40,600 × [$95 - (3 × $2)] = $3,613,400  

Total cost = (40,600 × $65) + $831,300 = $3,470,300

Net profit =  $3,470,300  - $3,470,300 =$143,100

When n = 4,

Units = 25,600 + (5,000 × 4) = 45,600 units

Total revenue = 45,600 × [$95 - (4 × $2)] = $3,967,200  

Total cost = (45,600 × $65) + $831,300 = $3,795,300

Net profit =  $3,967,200  - $3,795,300 =$171,900

When n = 5,

Units = 25,600 + (5,000 × 5) = 50,600 units

Total revenue = 50,600 × [$95 - (5 × $2)] = $4,301,000  

Total cost = (50,600 × $65) + $831,300 = $4,120,300

Net profit =  $4,301,000  - $4,120,300 =$180,700

When n = 6,

Units = 25,600 + (5,000 × 6) = 55,600 units

Total revenue = 55,600 × [$95 - (6 × $2)] = $4,614,800  

Total cost = (55,600 × $65) + $831,300 = $4,445,300

Net profit =  $4,301,000  - $4,120,300 =$169,500

Therefore, profit is maximum at $180,700 at 50,600 units and selling price of $85 per unit.

4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g., the selling price at the level of maximum profits)?

Break even point in unit = $831,300 ÷ ($85 - $65)  = 41,565 units

Break even point in dollar sales = 41,565 × $85 = $3,533,025.

Therefore, break even point in unit is 41,565 units while break even point in dollar sales is $3,533,025.

3 0
2 years ago
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