Erismus is defending against a lawsuit. Erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000.

Answers

Answer 1

This amount would have to be recorded as not accrued in the circumstance that he is defending against a lawsuit.

What is a lawsuit?

A lawsuit is an action brought by one or more parties in a civil court of law against another party. Only a limited number of laws from long ago that are still in force include the phrase "suit in law."

The most frequent reasons to "sue" an employer are discrimination, harassment, wrongful termination, and workplace injuries, whether accusations are made or a lawsuit is filed directly. More information about each sort of claim is provided below.

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required: Indicate the amount Erismus would record as an asset, liability, or not accrued in the following circumstances

Erismus is defending against a lawsuit. Erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000.


Related Questions

Tax laws permit installment sales, which are recognized in the year of sale for financial reporting purposes, to be reported in the tax return later when cash is received. This results in a deferred tax liability because taxable income is _______ than financial income in the year of sale, and _______ than financial income in later years when collected.

Answers

The tax laws allow for installment sales to be recognized in the year of sale for financial reporting purposes, but reported in the tax return later when cash is received.

This creates a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when the installment payments are collected. tax laws allow for installment sales to be recognized in the year of sale for financial reporting purposes, but reported in the tax return later when cash is received. This creates a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when the installment payments are collected.

1. Installment Sales: An installment sale is a transaction where the seller allows the buyer to make payments over time, rather than paying the full amount upfront. For example, if you sell a car and agree to receive payment in monthly installments over a year, it would be considered an installment sale. 2. Recognition of Income: For financial reporting purposes, the income from an installment sale is recognized in the year of sale, even if the cash is not received yet. This means that the seller records the revenue and related expenses in their financial statements for that year.

3. Tax Reporting: However, for tax purposes, the income from an installment sale can be reported in the tax return later when the cash is actually received. This allows the seller to delay paying taxes on the income until it is received. 4. Deferred Tax Liability: The difference between taxable income and financial income in the year of sale creates a deferred tax liability. Taxable income is the amount of income subject to tax, while financial income is the income reported in the financial statements. Since the income is recognized earlier for financial reporting purposes than for tax purposes, taxable income is lower than financial income in the year of sale.

5. Higher Taxable Income in Later Years: As the installment payments are collected in later years, the taxable income becomes higher than the financial income. This is because the income was already recognized for financial reporting purposes in the year of sale, but it is now being reported for tax purposes.

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Please answer this question...



Did you eat today? if you haven't please find something to eat and take care of yourself :)

Answers

Answer: yes! Aww thanks, you too :))

Explanation: have a great day!!

Answer:yes i did thank you for caringgggggggggg have a good day^.^

Explanation:

draw the major organic product for the same substrate with two different conditions.

Answers

The substrate is C4H9OH, the nucleophile is Br-, and the leaving group is H2O. The production of the carbocation is the rate-limiting stage in an SN1 reaction.

As the water, which is the departing group, leaves, the carbocation forms. The nucleophile (Br-) attacks after the departing group has left in order to produce the main organic product. The reaction's first step is the protonation of the -OH group. Therefore, Br- is the nucleophile, H2O is the leaving group, and C4H9OH is the substrate. The correct response is A because in stereochemistry, the substrate is designated as S and the reaction's result as R. The best option is therefore A. The mechanism of the SN2 reaction can be summarized as follows: There is only one step necessary in this nucleophilic substitution reaction. The reaction is known as the SN2 reaction because two reactants are involved in the phase that determines rate.

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if you think that economic and political factors shape the growth and development and the decline and fall of cities you are taking a/an ________ perspective.

Answers

If you think that economic and political factors shape the growth and development and the decline and fall of cities, you are taking a structural perspective. The structural perspective views society as a complex system with various parts that work together to promote stability and solidarity.

The Economic and political factors are seen as crucial components of this system, and they can have a significant impact on the growth and development of cities. By taking a structural perspective, you are acknowledging the importance of these factors in shaping the trajectory of cities, which proves that they are indeed very important.

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How many blank sections does edge have? this is the second one and ill even show you the first one!

How many blank sections does edge have? this is the second one and ill even show you the first one!
How many blank sections does edge have? this is the second one and ill even show you the first one!

Answers

I can’t see the photos

Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy

Answers

I have no idea haha but how’s your guys day going

a cashier ask for your help as a customer/member wants to make return one day beyond the return window

Answers

Answer

The answer is below

Explanation :

Most likely: Listen to the customer's reason for the return, and if the product has an expiry date, the answer is no returns, otherwise, I will accept the returns.

Least likely: I would say it is not feasible to do it without listening to the customer, most especially if the customer is rarely seen. This is to avoid unnecessary image damage to the firm, that could arise from the situation.

E

FILL THE BLANK.
Ingredients in shampoos, as well as all other manufactured products, are listed on the packaging according to the percentages of each ingredient or in _____________

Answers

Ingredients in shampoos, as well as all other manufactured products, are listed on the packaging according to the percentages of each ingredient or in descending order of concentration. This is known as the ingredient listing hierarchy.

The ingredient listing hierarchy is a regulatory requirement in many countries, including the United States, where ingredients must be listed in descending order of concentration. The ingredient with the highest percentage or concentration is listed first, followed by the next highest, and so on. This hierarchy allows consumers to understand the relative amounts of different ingredients in the product.

By listing ingredients in this manner, consumers can make more informed choices about the products they use, especially if they have specific allergies, sensitivities, or preferences. It helps individuals identify if a particular ingredient they want to avoid, such as a specific allergen or irritant, is present in significant amounts.

Additionally, manufacturers may be required to adhere to specific regulations or labeling guidelines regarding the ingredient listing hierarchy to ensure transparency and accurate representation of the product's composition.

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The AutoSum icon is located in
which of the following groups on the
Home tab? *

Answers

Answer:

The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.

DOOD Which of the following are characteristics of humoral response?

Answers

The characteristics of humoral response include the production of antibodies and the ability to recognize and attack antigens. Read below for more details about the characteristics of the humoral response.

Humoral response or antibody-mediated immunity is a type of immune response that is mediated by antibodies or immunoglobulins (Ig). The humoral response is stimulated when antigens or foreign substances are encountered in the extracellular fluid. The humoral response is carried out by B cells or B lymphocytes. In humoral response, B cells recognize and bind to antigens, undergo differentiation, and produce plasma cells. Plasma cells secrete large amounts of antibodies, which then bind to the antigens and mark them for destruction. Humoral response helps to protect the body against pathogens or harmful substances present outside the infected cells.

The characteristics of humoral response are given below:

Antibody Production: The production of antibodies is the main characteristic of the humoral response. Antibodies are produced by the plasma cells or B cells in response to the antigens and bind to the specific antigens. The binding of antibodies to antigens can cause the destruction of antigens or mark them for destruction. The antibodies can neutralize toxins and prevent them from causing harm to the body.

Recognition of Antigens: B cells or B lymphocytes can recognize and bind to antigens. The antigens are specific molecules that can stimulate the immune response. The antigens can be proteins, carbohydrates, lipids, or nucleic acids. The recognition of antigens by B cells is carried out by the B cell receptor or BCR. The BCR is a membrane-bound immunoglobulin, which binds to the specific antigens.

Selective Attack on Antigens: The humoral response can selectively attack the antigens or foreign substances. The antibodies produced in response to the antigens can bind to the antigens and mark them for destruction. The antibodies can cause the agglutination or clumping of antigens. The antibodies can activate the complement system, which can destroy the antigens. The antibodies can also opsonize the antigens and make them more attractive to phagocytic cells.

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Expenses that need to be paid before a new business can open are called _____.


operating expenses

ending inventory

start-up costs

beginning inventory

Answers

Answer:

start-up costs

Explanation:

Hopefully that helps.

Answer:

Start Up Costs

Explanation:

Im taking a business major this is the right answer

While Joe doesn't consider himself _____, he does think it is important to shed light on the unethical practices occurring within the industry.

Answers

Answer:

maybe heroic

Explanation:

While Joe doesn't consider himself HEROIC, he does think it is important to shed light on the unethical practices occurring within the industry.

While Joe doesn't consider himself heroic, he does think it is important to shed light on the unethical practices occurring within the industry.

What are unethical practices?

Conduct that deviates from social norms or is perceived adversely by the public is referred to as "unethical behavior." Ethical behavior is the exact opposite of unethical behavior.

A wide range of acts that people may take in their personal or professional life that are seen adversely by their society or some elements of it are referred to as "unethical behaviors" by people.

The following are some general obstacles to problem-solving: failing to preserve high moral standards Morally objectionable actions include illegal and unethical business practices and immoral and unethical behavior.

Thus, While Joe doesn't consider himself heroic,

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employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the nearest quarter hour?
A. False
B. True
Please be right

Answers

false !!!!!!!!!!!!!!!!!
it is false for sure

Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?

Answers

Answer:

Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."

P0 = dividend payout per share/ (k-g)

Where g is firms earning growth = 5% or 0.05

And k is the cost of capital = 13% or 0.13

Therefore P0 = $4 / (0.13 -0.05) = $50

But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get

$50 = $2 + X / (1.13)

Therefore x = $54.5

At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year

Therefore the growth is (54.5 -50)/50 = 9%

Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.

Answers

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta

Answers

Answer:

Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.

Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.

What are 2 different payments relating to insurance that are used for almost all kinds of insurance?

Answers

Answer:

credit or debit?

Explanation:

Can someone please help me!

Can someone please help me!

Answers

Answer:

The awnser is the Nature of Business

Answer:

nature of business that's

in recent years, there has been an increased emphasis on the role of ______ in moral development.

Answers

In recent years, there has been an increased emphasis on the role of "empathy" in moral development.

Empathy is the ability to understand and share the feelings of others. In the context of moral development, empathy is seen as a key factor in developing a sense of social responsibility and concern for others. It is thought that individuals who have a strong sense of empathy are more likely to act in ways that promote fairness, justice, and compassion.

Research has shown that empathy can be taught and developed, and that interventions aimed at increasing empathy can lead to positive changes in moral behavior. For example, studies have found that teaching children to take the perspective of others and to recognize emotions can increase their empathy and reduce aggression and bullying.

Overall, the role of empathy in moral development highlights the importance of emotional and social development in shaping our ethical values and behaviors.

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who will win the fight tomorrow jake paul or ben askren
winner gets brainlest

Answers

Answer:

prolly ben askren  

Explanation:

cause he was an ameture wrestler before

Answer: Ben askren bro  

Explanation:

Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods

Answers

A result of open competition in a free market system is higher quality goods (option D).

What is the result of open competition?

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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What are the 3 significant types of insurance that are involved in Marine

insurance​

Answers

Answer:

Liability Insurance.

Hull Insurance.

Freight Insurance.

Hull Insurance
Freight Insurance
Ship‘ owners liability

Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru?.

Answers

The type of market in which people can buys their favorite breakfast at a fast food drive thru is product market.  The product market can be described as the marketplace where final services and goods are sold to the public sector and businesses.

Product market does not include trading in raw or other intermediate materials and they are focus on the sale of finished goods. Product market also can be an online market that sells their goods and service through marketplace. The example of product market is supermarkets, grocery stores, and also online market.

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Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.

Answers

To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.

In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).

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the amount of money you may earn over time is called

Answers

The amount of money you may earn over time is called Future Earnings Potential. Amount that you might make in your lifetime. Demographics. Individual traits like age, gender, race, income, and so forth.

What is Future Earnings Potential?

Earning potential is the anticipated increase in total return that an investor might anticipate from holding an investment (capital gains plus dividends and cash flows). Ratio analysis is a tool used by fundamental analysts to estimate a company's earning potential for investors.

Total future values of your contracts less your compensation, the payroll of the company, and other fixed costs. Your projected future business income is represented by the resulting number.

Let's start with the definition of your earning potential (income potential): this is the sum of money you should be able to accumulate over the course of a certain period of time. In other words, this is a reference to your potential for financial gain. Earning potentials are often determined by the highest wage in a given industry or profession.

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All of the following are needed for the calculation of straight-line depreciation except:

a. cost

b. residual value

c. estimated life

d. units produced

Answers

Units produced is not needed for the calculation of straight-line depreciation.

With straight-line depreciation, an organisation may spread the cost of a fixed asset over the time it will be used to generate value. Correct depreciation has an impact on a company's income statement, balance sheet, profitability, and net assets. Straight line depreciation is calculated by multiplying the asset's cost by its estimated salvage value divided by the asset's anticipated useful life. Where: The cost of the asset, including any associated capital expenditures, is the asset's initial purchase price or construction cost.

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What is an example of a flame?

Answers

The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person. Flame is defined as to burn or light up, or to criticize harshly.

Answer: A flame is a very negative review that can seriously damage sales.

So if one of the choices has a bad review of an issue, like apartment maintenance getting a bad review, it is that answer.

Explanation: A pex

What expertise and characteristics should directors have or possess in companies like Spar and Shoprite? Explain THREE each

Answers

Expertise and characteristics that directors in companies like Spar and Shoprite should possess include knowledge of retail industry trends, financial acumen, and strong leadership skills.

What expertise and characteristics should directors have or possess?

Directors in companies like Spar and Shoprite play a crucial role in guiding the strategic direction of the organization, ensuring that it remains competitive and profitable in a constantly evolving retail landscape.

To do this effectively, they must possess a deep understanding of the industry, including emerging trends in consumer behavior, technology, and logistics. They must also have strong financial acumen, as they are responsible for overseeing the company's financial performance and making decisions that will drive growth and profitability.

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5. Which of the following is an example of budgeting?
A. Mike spends all of his money on comic books.
B. Robert sets aside a certain amount each month to afford a new basketball hoop.
C. Jeremy considers what he wants to do after high school.
D. Alan earns money by putting his money in a bank account.

Answers

Answer:

correct answer is B

Explanation:

Mike does not budget, because budgeting means actively spending less to save for something else, but mike spends all his money on comics.

Robert is budgeting so he can buy a new basketball hoop

Jeremy is thinking through a complex question that has nothing to do with money spending or saving

Alan doesn't make sense because the only money you get by banking your money is annual interest but i know he isn't budgeting.

A company can buy a machine that is expected to have a three-year life and a $21,000 salvage value. The machine will cost $1,764,000 and is expected

to produce a $191,000 after-tax net income to be received at the end of each year. If a table of present values of $1 at 12% shows values of 0.8929 for

one year, 0.7972 for two years, and 0.7118 for three years, what is the net present value of the cash flows from the investment, discounted at 12%?

Multiple Choice

$105,214

$564 457

$615,438

$689,319

O $1,869,214

< Prev

9 of 25

Next

Answers

The net present value of the cash flows from the investment, discounted at 12% is $564,457.

Explanation:

First, we need to calculate the annual cash flows:

Annual net income = $191,000
Add back depreciation (cost - salvage value / useful life) = ($1,764,000 - $21,000) / 3 = $581,000
Annual cash flow = $191,000 + $581,000 = $772,000

Using the present value table given:

PV factor for year 1 = 0.8929
PV factor for year 2 = 0.7972
PV factor for year 3 = 0.7118

NPV = (PV factor for year 1 x Year 1 cash flow) + (PV factor for year 2 x Year 2 cash flow) + (PV factor for year 3 x Year 3 cash flow) - Initial investment

NPV = (0.8929 x $772,000) + (0.7972 x $772,000) + (0.7118 x $772,000) - $1,764,000

NPV = $687,888 - $1,764,000

NPV = -$1,076,112

However, since the salvage value of $21,000 is not accounted for in the NPV calculation, we need to add it back to get the final answer:

NPV + Salvage value = -$1,076,112 + $21,000 = -$1,055,112

Finally, we need to consider that the question asks for the net present value (NPV) of the cash flows, not the total value. So we need to subtract the initial investment from the NPV:

Net present value of cash flows = NPV - Initial investment

Net present value of cash flows = -$1,055,112 - (-$1,764,000) = $708,888

Therefore, the correct answer is not listed in the multiple choice options.

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(b) calculate the percentage of players whose heights are within 1, 2, and 3 standard deviations of the mean. round your answer to 2 decimal places. then calculate the percent of observations that fall within 1, 2, and 3 standard deviations of the mean. At the gas station, three small drinks and two large drinks contain 108 ounces of cola. A small drink contains a third as much cola as a large drink. How much cola does each size contain (I need to write an equation) Paladin Furnishings generated $2 million in sales during 2021, and its year-end total assets were $1.3 million. Also, at year-end 2021, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2022, the company estimates that its assets must increase by $0.65 for every $1.00 increase in sales. Paladin's profit margin is 6%, and its retention ratio is 55%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.$ How do scientists use computer models to carry out experiments? dolf Hitler was the fascist dictator of Nazi Germany in the years following World War I. How did Hitler rise to, and maintain, his fascist power?Question 3 options:After taking over the Nazi Party, Hitler was appointed chancellor of Germany, later naming himself Fhrer and maintaining control of Germany by eliminating any opposition with a secret police force or sending resisting citizens to Concentration Camps. Hitler encouraged Germans to embrace the Treaty of Versailles and worked to create ways to include a variety of cultural perspectives into Germany's new government.Hitler forcefully took over the German government and established several branches of parliament to accommodate opposing views. what are the advantages and disadvantages of having an internal skeleton like ours as opposed to an external skeleton that is shed in order to grow? What does the trend line tell you about the relationship between students' algebra test scores and the number of texts they sent the day before the test?Is there a positive, negative or no association?Is it linear or nonlinear? Bending the knees and bringing them to the chest is an example of-adduction.-flexion.-abduction.-internal rotation. leashes bought for $5.00 and sells for $12.50 what is the markup 10) An article was sold for Rs. 415 at a loss of 17%. What would have been the sale price, had it been sold at 25% gain? What would your ideal job be? Write a paragraph to express your opinion. In your writing, you have to use these grammatical items:a. prepositions of places and movementb. Present Perfect tense 8xy when x=7 & y=11evaluate the expression for the given values of x and y. The 400 employees of Busy Bee Computing firm are aware of their company's reduction in profits. The employees are concerned about their wages being cut. The majority of the employees are worried that they will be one of the few that will experience wage cuts while their peers will not see a change in wages. Which of the following best describes why this scenario could lead to wage stickiness Q/ t=c2 .2Q/ x2x=0 => Q=0x=c => Q=1t=0 => Q=1What is Q(x,t)=? (Seperation of Variables) The therapeutic index is the ratio of the ______ dose to the ______ dose that is used to assess the safety and reliability of the drug. what is unusual about the boy milo meets going up the stairs (which he thinks is a shortcut to the land of infinity)? A local farm sells strawberries and blueberries. The ratio of the number of strawberries to blueberries it sells at 5:3. If it sells 75 pints of blueberries on Saturday, how many pints of strawberries did it sell? English uses a great many words from French, and yet, we dontclaim that English and French are closely related (except throughProto-Indo European). Explain how English and French can have sucha What was an issue faced by the earlyindustrial working class? The system of equations has an x -value solution at Response area and a y -value solution at Response area .