Melissa's tugboat accidentally collides with tyler's yacht, and tyler sues melissa for negligence. a federal jury finds melissa liable and awards tyler $5,000 in compensatory damages as well as $50 million in punitive damages. melissa appeals to the united states supreme court, challenging the punitive damages award. if the supreme court heard the case, it would likely:

a) uphold the damage award as serving a legitimate purpose.
b) uphold the damage award as proportional to the harm.
c) overturn the punitive damage award as grossly excessive.
d) refuse to review the issue because the court cannot overturn jury awards

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.