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NNADVOKAT [17]
2 years ago
5

Nation A builds a new highway next to citizens’ properties. In the months following, littering as well as several highway accide

nts result in damage to the properties. The property owners want to sue the government for damages, but are restrained by:
Business
1 answer:
nikitadnepr [17]2 years ago
7 0

Answer:

the government's sovereign immunity

Explanation:

In the US, the federal and state governments have sovereign immunity which means that they cannot be sued unless they agree to it. In the US, the federal government waived their immunity protection from a series of possible torts through the Federal Tort Claims Act. But that law does not include litter or accidents occurring in highways.

Sovereign immunity basically states that the federal government cannot be sued for its actions unless those actions are included in the Federal Tort Claims Act. To be able to sue a state government other rules apply, specially regarding the circumstances around the reason for the claim.

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Dove, Inc., had additions to retained earnings for the year just ended of $486,000. The firm paid out $175,000 in cash dividends
irinina [24]

Answer:

(A) $1.97 per share

(B) $0.52 per share

(C) $20.37 per share

(D) 2.26 times

(E) 23.35 times

(F) 1.00

Explanation:

The computation is shown below:

(A) Earning per share = (Net income) ÷ (Number of shares)

where,  

Net income = Retained earnings + dividend paid

= $486,000 + $175,000

= $661,000

And, the number of shares are 335,000 shares

Now put these values to the above formula  

So, the value would equal to

= ($661,000) ÷ (335,000  shares)

= $1.97 per share

(B) Dividend per share = (Total dividend) ÷ (number of shares)

= ($175,000) ÷ (335,000 shares)

= $0.52 per share

(C) Book value per share = (Total equity) ÷ (number of shares)

= ($6,825,000) ÷ (335,000 shares)

= $20.37 per share

(D) Market to book ratio = (Market price per share) ÷ (book value per share)

= $46 ÷ $20.37

= 2.26 times

(E) Price-earnings ratio = (Market price per share) ÷ (Earning per share)

= $46 ÷ $1.97

= 23.35 times

(F) Price sales ratio = (Market price per share) ÷ (Total sales per share)

where,  

Total sales per share = (total sales) ÷ (Number of shares)

= (154,00,000) ÷ (335,000 shares)

= $45.97 per share

So, the price sales ratio = $46 ÷ $45.97 = 1.00

6 0
2 years ago
Jensen shipping has total assets of $694,800 at year's end. The beginning owners' equity was $362,400. During the year, the comp
Arisa [49]

Answer: Jensen shipping's equity multiplier at year-end is 1.80

We arrive at the answer as follows:

Sales                                    $711,000

Profit Margin                         5.2% of sales

Since Profit margin generally refers to net profit margin after tax, we don't consider the tax values in the question.

Net Profit in $                                      36972 (0.052 * 711,000)

less: Dividends                                           <u>-12,500 </u>

Additions to Retained Earnings                24472

Add: Beginning Owner's Equity                <u>362400</u>  

Ending Owner's Equity                              386872

The formula for Equity Multiplier is :

Equity Multiplier = \frac{Total Assets}{Ending Shareholder's equity}

Plugging in the values we get,

Equity Multiplier = \frac{694800}{386872}

Equity Multiplier = 1.795942844&#10;

6 0
2 years ago
A company received a bank statement with a balance of $6,100. Reconciling items included a bookkeeper error of $400—a $400 check
alexdok [17]

Answer:

adjusted bank balance  = $5205

Explanation:

given data

Bank balance as per bank statement = $6100

Deposit in transit =  $270

Bank Service Charge = $24

Interest revenue = $21

Outstanding Checks = $810

Error made by book keeper = $400

to find out

adjusted bank balance

solution

we get here adjusted bank balance that is express as here

adjusted bank balance = Bank balance as per bank statement + Deposit in transit + Bank Service Charge + Interest revenue - Outstanding Checks - Error made by book keeper    .......................1

put here value we get

adjusted bank balance = $6100  + $270 + $24 + $21 - $810 - $400

adjusted bank balance  = $5205

6 0
2 years ago
Consider the four outliers in the 2012 revenue data: companies with revenue of $237 billion, $246 billion, $447 billion, and $45
Mumz [18]

Answer:  When we remove outliers from a data set, the sum total of all the values in the data set will decrease by the total value of outliers removed. The total number of observations will also decrease. The new mean will be lesser than the mean of the original data set.

Since the standard deviation measures the deviations from the mean, the outliers affect the value of standard deviation too.

When these outliers are removed, the deviations from the mean will also decrease and the standard deviation will be lesser than the standard deviation observed in the data set that had outliers.


8 0
2 years ago
Which of the following practices can make a group's decision-making process more effective?
Naya [18.7K]

Answer: <em>Option (c) is correct.</em>

<em>Promoting the use of group-think can further make a group's decision-making more efficient and effective. Group-think is a cognitive or intellectual phenomenon that arises within a group of individual where they aspire for harmony or consonance in the group which earlier would've resulted in an preposterous or dysfunctional outcome. </em>

<em></em>

4 0
2 years ago
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