After a long meeting with some executives of the company, Jane enters an elevator in the building owned by Hi-Flyer, Inc., and presses the button for the floor she wants to reach. The doors to the elevator close and suddenly the elevator goes into free fall, stopping abruptly at the lobby. Jane is seriously hurt and sues Hi-Flyer for damages. Upon receipt of the complaint, Hi-Flyer moves for summary judgment, noting that, while it is clear that Jane did fall, she has never proven, or for that matter even offered a theory as to why the elevator functioned incorrectly. Therefore, argues Hi-Flyer, there is no evidence that they were at fault. What is the ruling of the Court?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position