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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 considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 3.6 percent indefinitely
VMariaS [17]

Answer:

$45.76

Explanation:

Next dividend = Dividend just paid * (1 + Dividend growth rate) = $3.71 * (1 + 0.036) = $3.84356

Using the formula for the dividend discount model, we can calculate he price per share of the company's stock as follows:

Stock price = Next dividend / (Required return - Dividend growth rate) = $3.84356 / (0.12 - 0.036) = $45.76

Therefore, the price per share of the company's stock is $45.76.

3 0
2 years ago
If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and
IceJOKER [234]

Answer:

Sensory retailing.

Explanation:

If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and rolling pins they are engaging in sensory retailing.

In marketing, sensory retailing can be defined as a strategic process which involves the creation of an atmosphere that attracts potential customers and has a positive influence or effect on them.

Generally, sensory retailing involves the process of appealing to the customer's taste, smell, sight, tactile, and olfactory senses, thus, affecting their perception, judgment and behavior positively.

<em>Hence, when properly designed, harnessed and applied, it boost purchasing behaviors, increases sales revenues, improve customer loyalty, and enhances good vibes or mood among end consumers</em>.

5 0
2 years ago
Challenges to Employee Development Special challenges in employee development include overcoming the barrier that keeps women an
yaroslaw [1]

Answer:

1. Angela Martinez had difficulty finding a mentor as a Latin American woman.  ⇒ REFERS TO GLASS CEILING

2. Our organization systematically evaluates high potential employees that we believe can succeed in higher-level business positions.  ⇒ REFERS TO SUCCESSION PLANNING

3. To overcome what would be considered "toxic behaviors", Julie practiced role plays with her coach.  ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

4. Although John, our CEO may be retiring soon, our organization has provided development experiences for candidates to succeed in his role.  ⇒ REFERS TO SUCCESSION PLANNING

5. Our manager, Tom, is arrogant and abrasive, which alienates people both inside and outside of the organization. ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

6. Our organization provides job assignments based on the successful career paths of past upper managers.  ⇒ REFERS TO SUCCESSION PLANNING

7. The Executive Team at our organization consists of seven men and one woman.  ⇒ REFERS TO GLASS CEILING

8. Our organization offers Individual Coaching for Effectiveness (ICE) for managers deemed to display dysfunctional behaviors. ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

9. Our organization tends to have an "old boy’s network" that excluded women from key promotions and positions of power. ⇒ REFERS TO GLASS CEILING

Explanation:

Glass ceiling refers to barriers laid out that prevent certain employees from advancing within an organization.

Succession planning takes place when high potential employees are trained and followed in order to fill future vacant managerial positions.

Dysfunctional managers are managers that fail to do their job properly because they do not trust their employees and try to make all important decisions themselves. They really do not want to manage other people's work, instead they believe that only they can do it right.

7 0
1 year ago
Sunset Products manufactures skateboards. The following transactions occurred in March:
taurus [48]

Sunset products

Journal entry

1. Dr Material 20500

              Cr Account payable 20500

(Material purchased on account)

2. Dr work in process 1050

                       Cr Material   1050

   (material issued)

3. Dr Material 25100

                      Cr Accounts payable 25100

( Material purchased on account )

4. Dr Accounts payable  20500

                                    Cr Cash 20500

  (Paid for material purchased on account)

5. Dr Work in process 30100

                              Cr Material 30100

   ( Direct material issued to production department)

6. Dr Work in process  25500

        Cr  Wages payable           25500

       ( Direct labor cost incurred)

7. Dr Factory overhead 21600

                     Cr Cash            21600

      ( Paid cash for utilities)

8. Dr  Work in process  (25500*110%) 28050

                Cr Applied overhead                                   28050

         (Applied overhead)

9. Dr Factory overhead 5100

              Cr  Accumulated depreciation  5100

      (To record depreciation)

T-account

         Work in process                                           Material          

Dr___________Cr____                             DR ___________CR

   16600------                                                       9150    -----

  1050 -----                                                         20500 ---- 1050

  30100 -----                                                        25100--- 30100

25500---

28050---

   Accounts payable                                                    Cash

Dr____________Cr_                                        DR ___________Cr

             ---  20500                                                          ---- 20500

           -----  25100                                                           ----21600

20500-----

Factory overhead                                                     Wages payable

Dr ____________Cr                                         Dr _____________Cr

   21600---  

                                                                                         -----25500

5100---

Applied factory overhead                                 Accumulated depreciation

Dr_____________Cr                                         Dr ___________Cr_

             ----28050                                                          ---5100

Cost of goods sold                                                     Finished goods

Dr_____________Cr                                        Dr ______________Cr

                                                                     ( open)   65100 ---  

                                                                               101300       --- 36600 (end)  

 

                                                   

Dr Finished goods 101300

        Cr   Work in process     101300

     (move work in process to finished goods)  

Dr Cost of goods sold  129800

                           Finishd goods   129800

      (move finished goods to cost of goods sold)

4 0
2 years ago
Carryon Company sells a product and a 12-month service package for that for a combined price of $800. Separately, the product an
anzhelika [568]

The part of the combined price allocated to the product is less than 50% which might be around 35-40%.

<u>Explanation:</u>

Since the price of the product all alone is $450 and the price of the service alone is $550, so the combined amount totals up to be nothing less than $1000. But the company under the discount and offer, offers the both things combined for $800.

This shows that the company is under some loss which it has to incur. The loss is of $200 under the discount to be offered to the clients which serves as the incentive to the customers.

3 0
2 years ago
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