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Several months ago, Maximilien Company experienced a spill of radioactive materials into the Missouri River from one of its plants. As a result, the Environmental Protection Agency (EPA) fined the company $1,750,000. The company contested the fine. In addition, an employee is seeking $975,000 damages related to the spill. Finally, a homeowner has sued the company for $580,000. Although the homeowner lives 15 miles downstream from the plant, he believes that the spill has reduced his home's resale value by $580,000. Maximilien's legal counsel believes the following will happen in relationship to these incidents: It is probable that the EPA fine will stand. An out-of-court settlement for $650,000 has recently been reached with the employee, with the final papers to be signed next week. Counsel believes that the homeowner's case is weak and will be decided in favor of Maximilien Company. Other litigation related to the spill is possible, but the damage amounts are uncertain. Required: Based on this information, prepare the journal entries for the contingent liabilities associated with the spill. Use the account "Environmental Awards and Fines" to recognize the expense for the period. If an amount box does not require an entry, leave it blank or enter "0".
What are TQM and ISO? How might TQM and ISO be used to improve an organization? What are the benefits and challenges each
Include the following in your report: Introduce the discussion with an overview of the progress you have made in the course. Next, evaluate every assignment you posted, and be honest and analytical in examining the strengths and weaknesses in your wr..
What you wrote was well written but also very general. Your opening paragraph was essentially a copy and paste of the assignment which does not provide me any details on your chosen organization.
question 1 discuss the key etiquette points to remember in business and social environments.question 2 you are at an
The supervisor at the American airline check-in counter observes the following process characteristics: there are, on average, 30 customers either waiting in line or being help by an agent for check-in; the average amount of a passenger spends on che..
Describe what effective leadership means to you. Who determines a leaders effectiveness? Provide details and examples to support your thoughts.
The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1-2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and d..
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In an outpatient clinic there are only one nurse and one doctor, and they visit patients by appointment. Yesterday, there were 5 patients scheduled to arrive, one every hour from 8am to noon. Is the tool worth its cost? determine (i) total busy time,..
Determine the lot size that will yield a probability of .90 of producing at least 4 good castings. What is the expected profit for the lot size obtained?
Considering the American experience and dissatisfaction with an all-powerful national government during colonialism and the lack of cohesion and national power under the Articles of Confederation, discuss how the U.S. Constitution creates a balance b..
The primary issue is that people want to be challenged. People want to be challenged, at least initially, in terms of their Assignments. They also want to be continuously challenged.
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