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Question 1
A Sydney tramway passenger was injured in a collision with another tram, which occurred after the driver collapsed at the controls. The plaintiff argued that the collision could have been avoided if the tramway authority had fitted the tram with a system known as ‘dead man's handle', a system in use on Sydney's trains. This would have stopped the tram and avoided the accident. The device had been rejected by the tramway authorities because it was felt that it could cause drivers to become tired, irritated and inefficient. There was no evidence of any similar device in use on two-man trams anywhere in the world. Will the plaintiff succeed in his negligence claim? Explain your reasoning.
Question 2
Jonas was employed by Rapid Couriers as a courier. His father was employed at the same company and worked with his son. One day while making a delivery, the son lost sight of his father, who was directing him, and accidentally ran over him. Discuss whether the father would successfully sue his employer.
If the market value of a share of common stock is 3.2 times book value for 2010, what is the firm's P/E ratio for 2010?
What was the amount of direct materials charged to Job number 83 and the ending inventory was 25% complete as to the conversion cost. 100% of direct material was added at the beginning of the process. What was the total cost transferred out?
Compute Dows basic and diluted earnings per share for the year ended December 31, 2009 - On December 31, 2008, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued a..
Prepare the cash flows from operating activities section using the direct method.
Calculate the Direct material price variance and direct material quantity variance
the e.o queue hospital is trying to evaluate how many bedpans to buy at a time. they use just about 2000 per year. each
Mark Stevens is considering opening a hobby and craft store. He would need $50000 to equip the business and another $100000 for inventories and other working capital needs. Rent on the building used by the business will be $25000 per year.
Explain through a real world example of how accounting and budgeting information can contribute to, and support , effective strategic decision making.
how can u adjust the net present value analysis to compensate for the inclusion of the interest expense and should Baltic buy the new machine
Evaluate the subsequent for Hilton Company: Current cash debt coverage ratio, Cash Debt coverage ratio, Free cash flow
global co had the subsequent at the end of the year-department a department b plant totaldirect material cost 338000
Was the CPA correct in suggesting that the company really earned a "profit" for the month?
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