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State police officers, armed with a valid warrant to arrest Peter Swope for the crime of defrauding the state welfare agency of $100,000, stopped Swope in his car on the Turnpike. He was taken into custody, and his auto was locked and left on the shoulder of the road. Later that day the state troopers returned and searched Swope's car. They located a plastic bag on the passenger seat, which they brought back to the station and opened to find a large quantity of illegal explosives. Although the welfare fraud charges have been dropped, the prosecution intends to use the explosives in an upcoming trial for possession of illegal explosives. Swope's counsel has filed a motion to suppress and has persuaded the court that because there was no probable cause to believe seizable items were present in the car, the search was unlawful. Is there any way the prosecution can nonetheless avoid suppression of the explosives? What if state police regulations require that vehicles of persons taken into custody on the open road be impounded and subjected to a prescribed inventory inspection?
Karl pearson coefficient of skewness of distribution is +0.32.its standard deviation is 6.5 and mean is 29.6. Find the mode and median of the distribution.
Which of the following is not classified as direct labor? a. bottlers of beer in a brewery b. copy machine operators at a copy shop. c. wages of supervisors d. bakers in a bakery.
The Eastern Division sells goods internally to the western division of the same company. The quoted external price in industry publications from a supplier near Eastern is $200 per ton plus transportation.
A hospital manager budgeted $100,000 for monthly nursing expenses in the hospital's well-baby clinic. The manager expected that the clinic would treat $5000 babies and pay its nurses $40 per hour.
In each of the following independent situations, determine the dividends received deduction. Assume that none of the corporate shareholders owns 20% or more of the stock in the corporations paying the dividends.
Identify a public agency - either at the local, state, or federal levels - that has undergone significant change in the last 25 years. You may choose an agency that you have had personal experience with, or you may choose a public agency that you ..
At the beginning of the year, Addison Company's assets are $212,000 and its equity is $159,000. During the year, assets increase $80,000 and liabilities increase $58,000. What is the equity at the end of the year?
A tract of land was distributed by MNO Inc. to its sole shareholder, Martha, as a dividend. At the time of the distribution, MNO Inc.'s adjusted basis in the land was $40,000, the fair market value of the land was $80,000, and the land was encumbe..
Compute earnings per share for 2012, using the weighted-average number of shares determined in part (a).
Cameron Bly is a sales manager for an automobile dealership-Does the warranty accrual decision create any ethical dilemma for Bly? Since warranty expenses vary, what percent do you think Bly should choose for the current year? Justify your response.
Betty dies on February 20 of the current year. Her estate consisted of the following assets, all valued as of her date of death:
O. Guillen (beginning capital, $69,000) and K.Williams (beginning capital ($82,000) are partners. During 2008, the partnership earned net income of $71,400, and Guillen made drawings of $18,700 while Williams made drawings of $32,200.
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