Answer: An agency relationship
Explanation:
An agency relationship is defined as
A relationship where a person known as a principal gives legal permissions to act on his or her behalf. It is a kind of fiduciary relationship.Here, the agent is a subject in the command of the principal and has to follow his or her instructions.Here , agent = Global Enterprise empowers Alem, Ltd.
principal = Global Enterprises
Hence, the correct answer is "an agency relationship".
Q 8.14: The financial statements of the Imagine Company report net sales of $1,000,000 and accounts receivable of $700,000 and $300,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for the Imagine Company
Answer:
2 times
Explanation:
The computation of accounts receivable turnover is shown below:-
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $1,000,000
And, the Average accounts receivable is
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ( $700,000 + $300,000) ÷ 2
= $500,000
Accounts receivable turnover = Net sales ÷ Average accounts receivable
= $1,000,000 ÷ $500,000
= 2 times
Jill is starting a fast food delivery company. She has designed a logo and plans to print flyers to advertise her services. Jill plans to publish a book based on her experiences to inspire young entrepreneurs. To help protect her publishing rights, she should register a ____.
Answer:
Copyright
Explanation:
Copyright refers to creating a record of your work that proves that you are the owner and because of that, you are the only one allowed to make copies of it and it protects against an unauthorized use. According to this, the answer is that to help protect her publishing rights, she should register a copyright because this will allow her to have a record of this and avoid plagiarism.
On December 31, 2015, management had determined that it would not be able to collect the $1,200 owed to it by its customer Acme, Inc. On September 15, 2016, a check in the amount of $600 was unexpectedly received from Acme. Management does not expect any future collections from Acme. (The company uses the direct write-off method to account for its uncollectible accounts.) Prepare the necessary journal entry to record the events by selecting the account names and dollar amounts from the drop-down menus. (Use a compound entry instead of preparing two separate journal entries.)
Answer: Please see explanation column
Explanation:
Journal to record uncollectible accounts using the direct write-off method
Date Accounts Debit Credit
Dec 31, 2015 Bad debts expense $1,200
Accounts Receivable -Acme Inc $1,200
Compound Journal entry to record recovery using Direct write off method for the events
Date Accounts Debit Credit
Sep 15, 2016 Acct Receivable —Acme, Inc. $600
Bad Debt Expense $600
Cash $600
Account Receivable—Acme, Inc. $600
Jack,an HR manager at an electronics firm,has been informed that he needs to hire twenty technicians immediately.Which of the following would most likely be the best method for quickly attracting experienced technicians?
A) job fair
B) event recruiting
C) radio advertisement
D) newspaper advertisement
Answer: Radio advertisement
Explanation:
From the question, we are informed that Jack,an HR manager at an electronics firm, has been informed that he needs to hire twenty technicians immediately.
The best method to get quality technicians will be through advertising on radio. Through this method, a larger number of people will be reached and radio advertisement is usually effective.
Giselle predicts that she will receive a grant for $4,000. If she has 4 years in which to save, what is the minimum monthly amount she should deposit in an interest bearing savings account to be able to pay her contribution for one year of college
Complete question :
Giselle used the table to predict the cost of one year of college.
Category
Estimated Cost 2017–2018
tuition
$12,450
room and board
$10,125
transportation
$2,600
books and fees
$2,250
other
$1,250
Giselle predicts that she will receive a grant for $4,000. If she has 4 years in which to save, what is the minimum monthly amount she should deposit in an interest bearing savings account to be able to pay her contribution for one year of college?
$400
$500
$600
$700
Answer: $600
Explanation:
Given the following college cost estimate:
Tuition - $12,450
room and board - $10,125
transportation - $2,600
books and fees - $2,250
other - $1,250
Total cost : Tuition + room and board + transportation + books and fees + others
$(12450 + 10125 + 2600 + 2250 + 1250) = $28,675
If Giselle has 4 years to save monthly ;
12 months = 1 year
(12 * 4) months = 4 years
48 months
Monthly saving = total cost / number of months
Monthly saving = $28,675 / 48
Monthly saving = $597.39583
= $ 600 (approximately)
C. $600
correct on edge 2021
A price floor A. changes the equilibrium price if it is imposed in black markets. B. changes the price and quantity only if it equals the equilibrium price. C. changes the price and quantity if it is set above the equilibrium price. D. changes the price and quantity if it is set below the equilibrium price. E. does not create a black market if it is set above the equilibrium price.
Answer:
C. changes the price and quantity if it is set above the equilibrium price.
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a good or service.
a price floor is binding if it is set above equilibrium price.
Thompson Company had $1,000 in office supplies at the beginning of the fiscal year. At the end of the fiscal year, Thompson Company did an inventory of the office supplies and determined that $300 of supplies remained in the supply room unused. What is the amount of Supplies Expense at the end of the fiscal year?
Answer: Amount of supplies expense = $700
Explanation:
Given the following :
Amount of supplies at the beginning of the year = $1000
Amount of supplies which remained unused = $300
Amount of supplies expense at the end of the fiscal year = Amount of used supplies
Amount of used supplies = (amount of supplies at beginning - amount of unused supplies)
Amount of used supplies = ($1000 - $300)
Amount of used supplies = $700
Therefore, amount of supplies expense = $700
Ursula buys a Verismooth boat from a Watercraft store, which agrees to keep the boat for Ursula until she picks it up. Before Ursula gets the boat, an unforeseen tornado destroys the store and the boat. The loss of the boat is suffered by
Answer:
Watercraft store
Explanation:
In a situation such as this one, the loss of the boat is ultimately suffered by the Watercraft store. This is mainly due to the fact that they agreed to keep the boat for Ursula until she picks it up, which in doing so they ultimately agreed to take responsibility for the boat during that time. Therefore, any and all damages that have occurred to the boat are suffered by Watercraft and Ursula can sue them for a full refund of the boat.
An investor purchases a stock for $52 and a put for $0.60 with a strike price of $50. The investor sells a call for $0.60 with a strike price of $58. What is the maximum profit and loss for this position
Answer:
Maximum profit = $6
Maximum loss = -$2
Explanation:
The computation of maximum profit and loss for this position is shown below:-
Maximum profit = Strike price - Purchase of stock
= $58 - $52
= $6
Maximum loss = Strike price - Purchase of stock
= $50 - $52
= - $2
Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.
Altacey, a multinational company that sells consumer durables, divides its target markets on the basis of the density of population in the areas it operates in. It employs more salesmen and spends more money on promotions in cities with high population densities. In the context of consumer market segmentation, which of the following types of market segmentation does Altacey most likely follow?
A. Psychographic segmentation
B. Behavioral segmentation
C. Customer-based segmentation
D. Geographic segmentation
The correct answer is D. Geographic segmentation
Explanation:
Segmentation is a common business strategy that implies considering customers according to different features such as location, cultural values, buying behavior, etc. and creating marketing plans based on this. In the case of geographic segmentation, this occurs if customers are considered according to location, for example by dividing the market or customers according to the city, state, country, etc. or according to population density. This second strategy is the one used by Altacey as the money, employees, products, and other factors are assigned based on density. Thus, the segmentation is geographic.
Winona contracted with XtremeCast, a broadcast media firm, to cohost an Internet-streaming sports program. Winona and XtremeCast signed a new contract for each episode. In each contract, Winona agreed to work a certain number of days for a certain salary. During each broadcast, Winona was free to improvise her performance. Was Winona an independent contractor? Why or Why not?
Answer: Yes. Winona was an independent contractor
Explanation:
Based on the analysis and the information that have been provided in the question, we can say that Winona was an independent contractor.
An independent contractor is an individual who works for someone else and gets paid for the work done by the employer but it should be noted that the person is not under the control of the employer. .An independent contractor is termed an agent and not employed by the company he or she is working for.
When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.
The question is incomplete:
When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.
A) POS systems
B) social shopping
C) e-commerce
D) e-menus
E) direct selling
Answer:
A) POS systems
Explanation:
-POS System refers to the equipment and software that retailers use in their stores to register the sales. This system has the information about the sales, the inventories and CRM.
-Social shopping is a method that is used for online shopping that tries to involve friends in the purchasing experience.
-E-commerce refers to purchasing and selling goods online.
-E-menus is a system used by restaurants that allows to order food through an electronic device.
-Direct selling refers to selling directly to consumers without using intermediaries.
According to this, the answer is that the use of POS systems makes this possible because these systems have the information from stores like sales and inventory that allows to analize people's buying habits.
A company wants to product a weighted moving average forecast for April with the weights 0.40, 0.35, and 0.25 assigned to March, February, and January, respectively. If the company had demands of 5,000 in January, 4,750 in February, and 5,200 in March, then April's forecast would be
Answer:
4,992.50
Explanation:
The computation of the April forecast is shown below:-
April forecast = ((Weight of March × Demand of march) + (Weight of Feb × demand of Feb) + (Weight of Jan × Demand of Jan)] ÷ Total of weights
= (0.40 × 5,200 + 0.35 × 4,750 + 0.25 × 5,000)
= 4,992.50
Hence, the correct answer is 4,992.50 and we have applied the above formula.
Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free interest rate is 6%. Estimate the firm’s cost of internal equity.
Answer: 12.5%
Explanation:
Given the following :
Beta (B) = 1.3
Marginal tax rate = 34%
Risk free interest rate = 6%
Market rate of return = 11%
The cost of equity is calculated using the relation:
Risk free rate of return + Beta(market rate of return - risk free rate of return)
Cost of equity = 6% + 1.3(11% - 6%)
Cost of equity = 6% + 1.3(5%)
Cost of equity = 6% + 6.5%
Cost of equity = 12.5%
Therefore, the firm's cost of internal equity is 12.5%
Loren has a $200 annual (calendar year) deductible on her health insurance plan. By the end of 2018, she had paid $175 in medical expenses. On January 4, 2019 she went to the doctor for the first time that year and was charged $60 for an office visit. How much of that must she pay for herself
Answer:
$60
Explanation:
Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.
Generally, deductibles are calculated on a calendar year basis. This means that, excluding copays, coinsurance, and non-covered charges, your health care bills must surpass your deductible between January and December for the insurance provider to begin paying.
Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.
To know more about health insurance plan, refer to the link:
https://brainly.com/question/1577165
"ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders need 10 rights to subscribe to 1 new share at a price of $19. Fractional shares can be rounded up to purchase 1 full share. As of the ex date, the stock is trading at $24. The value of the right is:"
Answer:
$0.50
Explanation:
Calculation for the value of the right
Based on the information given we were told that As of the ex date, the stock was trading at $24 which means that the market price of the amount of $24 have been adjusted on the ex date by the exchange where the stock trades.
Using this formula
Value of the right =(Trading stock- Price of shares to subscribe)/Right to subscribe
Let plug in the formula
Value of the right=($24-$19)/10
Value of the right÷$5/10
Value of the right=$0.50
Therefore the value of the right will be $0.50
The capable project manager understands what motivates team members and creates a competitive environment in which individuals compete as part of a high-performing team and are required to excel.
a) true
b) false
Answer:
False.
Explanation:
The capable project manager understands what motivates team members and creates a competitive environment in which each individuals are impacted by the learning process and experiences as part of a high-performing team and are able to excel.
Ideally, a capable project manager should use the project work or activities as an opportunity to avail the team members with more knowledge, so that each of them becomes more experienced and competent than when they started.
Also, a project manager is a professional saddled with the responsibility of successfully planning, analyzing and execution of a project in an organization.
Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 8 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
Answer: $3.46
Explanation:
Given the following :
Current share price (P0) = $90 per share
Required return on stock= 8%
total return on the stock is evenly divided between a capital gains yield and a dividend yield ;
Therefore, Required return on stock= 8% ;
4% capital gain yield + 4% Dividend yield = 8%
Growth rate = 4% = 4/ 100 = 0.04
D1 = D0(1 + g)
D1 = value of next year's Dividend
D0 = current Dividend yield
g = Constant growth rate
D1 = current stock price * g
D1 = 90 * 0.04 = 3.6
D1 = D0(1 + g)
D0 = D1 / (1+g)
D0 = 3.6 / (1+ 0.04)
D0 = 3.6 / 1.04
D0 = $3.46
Q 8.38: The financial statements of the Robertson Company report net sales of $400,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Robertson
Answer:
13.33 times
Explanation:
The computation of the accounts receivable turnover ratio is given below:
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $400,000
And, the Average accounts receivable would be
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ($40,000 + $20,000) ÷ 2
= $30,000
So, the account receivable turnover ratio is
= $400,000 ÷ 30,000
= 13.33 times
Which of the five Rs of good governance in sport refers to systems that report organizational governance structures, constitutions, legal control mechanisms, event selection criteria, and codes of eligibility, conduct, and ethics?
Answer: Regulations
Explanation: Regulations as related to good governance in sports encompasses the structural and most of the non-technical requirements and injunctions required to maintain a good organizational structure. It may be explained as a management skeleton or framework which is very paramount in the orderly control and Maintainace of any organized body. The legal processes and procedures, ethical standards, code of conduct. The other R's include rules, ranking, records and result.
After much discussion, Chad finally agrees to go to the opera with his wife. As they are finding their seats he says, sarcastically, "Yeah, this is going to be a lot of fun* This is an example of which conflict style?
a. avoidance
b. assertion
c. compromise
d. direct aggression
e. passive aggression
Answer:
e. Passive aggression
Explanation:
Passive aggressive behaviors can be defined as a type of behaviour which a person or an individual exhibit , which makes such person to express their negative feelings through their actions or by being indirectly aggressive instead of handling their feelings directly which is why a person or an individual with this type of behaviour often have resistance to requests by acting stubborn reason been that such person may feel angry or frustrated and act neutral, and then find an indirect ways to show how they really feel instead of communicating directly.
Secondly a person which PASSIVE AGGRESSIVE BEHAVIOUR will often posses this type of trait such as Trying to play the victim when issue arise, making excuses, blaming others for their action, hiding their anger, Trying to avoid direct communication just as in the case of Chad.
Therefore based on the information given about Chad,This is an example of PASSIVE AGGRESSION conflict style.
Nola and Charles both own party planning firms in the small town of Trident, IA. Because they are the only party planners in town, they want to collude to make the price of party planning high. Classify the scenarios according to whether they are more likely to help or impede Nola and Charles colluding.
Helps collusion Impedes collusion
1. Charles develops a signature appetizer that becomes the must have in Trident
2. A party planning school opens and the new graduates are ready to plan!
3. Nola lowers her price on national television
4. Nola and Charles are regulars at the same coffee house. They talk regularly
5. Charles and Nola both charge a fixed per person price for a party
6. Nola's marginal cost is lower than Charles's.
7. Most of the parties are given by Trident's largest employer, a water bottling plant
Answer:
Nola and Charles Collusion at Trident, IA.
Helping or Impeding Scenarios:
Helping Scenarios:
4. Nola and Charles are regulars at the same coffee house. They talk regularly
5. Charles and Nola both charge a fixed per person price for a party
Impeding Scenarios:
1. Charles develops a signature appetizer that becomes the must have in Trident
2. A party planning school opens and the new graduates are ready to plan!
3. Nola lowers her price on national television
6. Nola's marginal cost is lower than Charles's.
7. Most of the parties are given by Trident's largest employer, a water bottling plant.
Explanation:
Nola and Charles can only enter a collusion agreement secretly because it is illegal. Since the agreement is secret, it is not enforceable in the court of law. The tendency for Nola and Charles to be entangled in the prisoner's dilemma is very high. It is also not possible for them to protect their collusion for very long because they have different cost bases and core competencies that derail collusion on a sustainable large scale. Graduates of party organization and other market participants, including the large firm that hosts most of the parties in the area will end the collusion before long.
Jacko Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Sunland francs. These two currencies are highly negatively correlated in their movements against the dollar. Kriner Co. is a U.S.-based MNC that has the same exposure as Jacko Co. in these currencies, except that its Sunland francs represent cash outflows. Which firm has a high exposure to exchange rate risk?
Answer: Kriner Co.
Explanation:
An exchange rate is when the value of the currency of a country is compared with the currency of another country.
From the question, we are informed that Jacko Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Sunland francs and that these two currencies are highly negatively correlated in their movements against the dollar.
We are further told that Kriner Co. is a U.S.-based MNC that has the same exposure as Jacko Co. in these currencies, except that its Sunland francs represent cash outflows.
Based on the information, the firm that has a high exposure to exchange rate risk is Kriner Co.
Answer:
yea
Explanation:
it's b
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, the house is nearly completed. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is:
Answer:
c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.
Explanation:
Note: This question is not complete as it does not include the options. The complete question is therefore presented before answering the question as follows:
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, Willis has made a substantial beginning on the house. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is:
a. enforceable, because the statute of frauds does not apply to this interest in land.
b. unenforceable, because there is no writing signed by Leslie.
c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.
d. unenforceable, because the parol evidence rule applies.
The explanation to the answer is therefore given as follows:
An enforceable contract can be described as an oral or written agreement relating to employment, sales, or tenancy between two or more parties that can be imposed in a court of law.
If there is a permission by the law to enforce a contract, the obligation of the assenting parties to the contract is the execution of the agreement.
From the question, the contract is enforceable based on two facts: first, the contract is an oral agreement to the sale of a pacel of land between Wills and Leslie; and second, the oral contract has been executed to some extent by Will since he has made improvements on the land.
Therefore, the correct answer is option c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.
Calculate the latest start for Task B if its predecessor, Task A, finishes on day 3, its succeeding activity, Task E, has a latest start of day 7, and the duration of Task B is 2 days. Select one: a. day 7 b. day 5 c. Cannot be calculated based upon information given. d. day 3
Answer:
Day 5
Explanation:
Calculation of the latest start
Using this formula
Latest start = Activity's latest finish time-Activity's estimated duration
Where,
Latest Finish time= Day 7
Estimated Duration= 2 days
Let plug in the formula
Latest start= Day 7- 2 days
Latest start = Day 5
Therefore the latest start for Task B will be Day 5
A borrower expresses a reluctance to continue signing documents. The Notary Signing Agent may:A borrower expresses concern that once he signs all the documents he will be "stuck" with a second mortgage. A good response by a Notary Signing Agent could be to:
Answer:
Explanation:
In this scenario, a good response by a Notary Signing Agent could be to provide the Borrower with the Lender's contact information, and suggest that he call the Lender immediately before continuing with Signing. This will allow the borrower to clear up any doubts or misconceptions that he may be having which will in term persuade him to sign all the documentation.
The Federal Deposit Insurance Corporation: Question 7 options: a) has eliminated bank failures. b) insures all demand deposits without limit. c) insures all demand deposits up to $100,000. d) includes commercial banks and state-chartered banks as its members.
Answer:
D
Explanation:
The federal deposit Insurance Corporation is an independent federal agencies that insures deposit in banks against any bank failures. It includes commercial banks and state chartered banks as its members.
In order to ensure that bank failures are prevented , the FDIC monitors the operational safety and effectiveness of members bank . This insurance is limited to $250,000 per depositor per bank and it covers only the depository account like the checks and savings account.
Ahmed emigrated from his war-torn country to the United States three years ago. Recently, he found a job working on an assembly line at an electronics manufacturer. When he came to the U.S., Ahmed left his friends and family behind. Now he is lonely and hopes that his fellow employees will accept him so that he can build some lasting friendships. According to Maslow, Ahmed is looking to satisfy his:_____________.
A) self-actualization needs.
B) safety needs.
C) physiological needs.
D) social needs.
Answer:
D) social needs
Explanation:
Based on the information given Ahmed is looking to satisfy his SOCIAL NEEDS.
Social needs occur in a situation where a person or an individual desire to have relationships or long lasting relationship with others because such person believe that his or her relationships with others will help him/her reduce their emotional concerns such as depression or fear of be alone, which is why SOCIAL NEEDS is important because it makes us desire to be loved and care for by others just as in the case of Ahmed who was looking to satisfy his SOCIAL NEEDS.
Agencies of redistribution a. comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually. b. focus in part on banks, credit, and currency, but avoid taxing and spending activities. c. are exemplified in the Federal Reserve System, the Treasury Department, and the Social Security Administration. d. are responsible for the regulation of economic and social affairs.
Answer:
a. comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually.
Explanation:
Agencies of redistribution comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually.
Examples of the agencies of redistribution in the United States of America are the Social Security Administration and Federal Reserve System is saddled with one responsibility such as promoting the citizen's well-being.
Adrianna Company purchases 35% of Saddle Company's outstanding stock for $450,000. At the time of acquisition, book value of the company's net assets is $1 million and the fair value of the company's net assets is $1.2 million. The difference between the book value and fair value of the net assets is attributed to undervalued land. Adrianna should
Answer:
The investment must be recorded using the equity method:
Dr Investment in Saddle company 450,000
Cr Cash 450,000
Even though the difference between historic cost and fair market value of the land is very significant, Adriana company cannot make any adjustments or amortizations to the investment account because land is a non-depreciable asset that must always be recorded at purchase cost. Any gain or loss can only be calculated after the land is sold, but meantime no adjustment is necessary.