An agent's apparent authority would not be determined by a previously unknown limitation on the agent's ordinary power.
The apparent authority of an agent refers to the authority that a third party reasonably believes an agent possesses based on the actions, words, or conduct of the principal. It is different from an actual authority, which is explicitly granted to the agent by the principal. The apparent authority is determined by considering various factors such as the prior dealing between the parties, the types of activities engaged in by the agent, and industry customs.
However, the apparent authority would not be determined by reference to an undisclosed limitation on the agent's usual power. If there are undisclosed limitations or restrictions on the agent's authority that the third party is not aware of, it may affect the agent's apparent authority. The third-party cannot reasonably rely on authority that has not been disclosed or made known to them.
In other words, the apparent authority is based on the reasonable belief of the third party, and they cannot be expected to know about undisclosed limitations on the agent's authority. Therefore, option c, an undisclosed limitation on the agent's usual power, would not be a determining factor in assessing the apparent authority of an agent.
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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
darlene runs a fruit and vegetable stand in a medium-sized community where there are many such stands. her weekly total revenue equals $2,000. her weekly total cost of running the stand equals $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs. an economist would likely advise darlene to: group of answer choices
To answer your question about Darlene running a fruit and vegetable stand with a weekly total revenue of $2,000 and a weekly total cost of $3,500, consisting of $2,500 of total fixed costs and $1,000 of total variable costs, I will provide a step-by-step explanation.
1. First, let's understand the key terms:
- Total revenue: The total amount of money Darlene earns from her fruit and vegetable stand every week.
- Total cost: The total amount of money Darlene spends to run her fruit and vegetable stand every week.
- Fixed costs: The costs that don't change with the level of production, such as rent or insurance.
- Variable costs: The costs that vary depending on the level of production, such as the cost of fruits and vegetables.
2. Now, let's calculate Darlene's weekly profit or loss:
Weekly profit/loss = Weekly total revenue - Weekly total cost
= $2,000 - $3,500
= -$1,500
3. Analyze the situation: Since Darlene's weekly profit is -$1,500, she is operating at a loss.
4. Consider the advice an economist would give: Since the loss primarily comes from fixed costs, which cannot be reduced in the short run, an economist would likely advise Darlene to continue operating her stand in the short term, provided that her total revenue exceeds her variable costs ($2,000 > $1,000). In the long run, she should analyze the market and determine if her business can become profitable by adjusting prices, lowering costs, or finding ways to increase revenue. If the losses continue, she may need to consider closing her stand or finding alternative ways to utilize the resources.
So, an economist would likely advise Darlene to continue operating in the short term but reassess her business model and profitability in the long run.
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Help answer these two questions pleaseee
1. Across the course, you've learned about many other desktop publishing software programs besides PowerPoint. Identify at least two other technologies available for desktop publishing (the software can be presentation-based, word processing, spreadsheet software.etc.). What are some common features across PowerPoint and these other programs?
1. What are 2 differences that could be expected in how an employee would speak to other staff members in a truly flat organizational structure compared to a hierarchical structure?
Answer:
1.
At least two other technologies available for desktop publishing:
Microsoft WordMicrosoft ExcelMicrosoft PublisherCommon features across PowerPoint and the above programs:
These programs are all part of the Microsoft 365 (formerly Microsoft Office) suite of software tools. They are available for both personal and professional use. All programs use a subscription model. They are designed to be compatible across Microsoft's entire product line and allow for instant collaboration among multiple registered users.
2.
Two differences in how an employee might speak to other staff members in a flat organizational structure versus a hierarchical structure:
Less expectation of formality: speech would likely be delivered in a more casual manner and tone among many staff membersAn increase in dialogue: a reduction or elimination of middle management necessitates increased collaboration among staffA clearance rack is marked as 35% off the regular price. A shirt on the clearance rack has a regular price of $45. 99. If there is 7. 25% sales tax, what will the shirt ring up for at the register? a. $17. 26 b. $21. 67 c. $29. 89 d. $32. 6.
The shirt rings up for at the register would be $32.06.
What is sales tax?A sales tax means the amount of a tax that is paid to a dominant body for the sales of definite goods and services. Normally, laws permit the seller to store funds for the tax from the consumer at the time of purchase.
When a tax on goods or services is funded directly to a governing body directly by a consumer, it is usually called the sales tax.
Computation of shirt ring:
Given,
Actual Price Charged Rate:
\(100\%-35\%\ = 65\%.\)
Then, We have to find the discount before tax:
\(\text{Discount} = \text{Regular Price}\times\text{Actual Price Charged }\\\\\text{Discount} =\$45.99\times65\%\\\\\text{Discount} =\$29.89\)
Now, add sales tax in discount, we have:
\(\text{Shirt Ring After Tax}=(1+i)\times\text{Discount}\\\\\text{Shirt Ring After Tax}=(1+7.25\%)\times\$29.89\\\\\text{Shirt Ring After Tax}= \$32.06.\)
Therefore, option D is correct.
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The budgeting process begins with the preparation of the ______ budget.
The budgeting process begins with the preparation of the production budget.
What is budgeting process ?Budgeting is the process of creating a plan for how to allocate resources, such as money, time, or personnel, over a certain period of time. The budgeting process typically involves the following steps:
Establish goals: The first step in the budgeting process is to identify the goals or objectives that the budget will support. This may include revenue targets, expense reduction targets, or strategic initiatives.
Estimate income: The next step is to estimate the income or revenue that will be generated during the budget period. This may include sales revenue, investment income, or other sources of revenue.
Estimate expenses: Once the income has been estimated, the next step is to estimate the expenses that will be incurred during the budget period. This may include direct costs, such as materials or labor, as well as indirect costs, such as rent or utilities.
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The following income relates to a proprietorship registered as a BMBE: Gross income from sales P400,000 Dividend income - domestic corporation 9,000 Interest on bank deposits 6,800 Compute the total exclusion from gross income.A. 415,800
B. 400,000
C. 15,800
D. Zero
The correct answer is C. 15,800. Under the BMBE law, registered businesses are entitled to certain tax incentives including an income tax exemption for their first Php 150,000 annual income.
In this case, the gross income from sales is Php 400,000, but the first Php 150,000 is exempted, leaving a taxable income of Php 250,000.
Dividend income from the domestic corporation and interest on bank deposits are not covered by the BMBE income tax exemption, so the total exclusion from gross income would only be the Php 150,000 exemption for the gross income from sales.
Therefore, the total exclusion from gross income would be Php 150,000, and the taxable income would be Php 250,000.
Adding the dividend income of Php 9,000 and interest on bank deposits of Php 6,800 to the taxable income of Php 250,000 would give a total gross income of Php 265,800. However, only Php 150,000 is exempted, leaving a taxable income of Php 115,800.
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A document that refers to a customer billing for merchandise bought on credit is called a(n):
Answer:
Invoice
Explanation:
A sales transaction can be defined as a business transaction between two or more individuals or organizations, which generally involves the buyer purchasing either a tangible or intangible goods and services from the seller (service provider) through the use of money, credit cards or vouchers.
An invoice can be defined as an accounting document which is used for recording the essential details of the payment of goods and services made by a customer. It is the first step in the sales transaction, as it is expected that the seller or service provider makes it available and issues it for all sales transactions. Also, it is an essential accounting document which serves as an evidence of payment and delivery of goods and services to the customer.
In conclusion, a document that refers to a customer billing for merchandise such as finished goods like television, smartphone, shirt, trouser, cup, radio, furniture, etc., bought on credit is called an invoice.
prepare journal entries required on december 31, 2020, and december 31, 2021, assuming that the inventory is recorded at lcnrv and a perpetual system, using the loss method. (c) which of the two methods above provides the higher net income in each year?
The loss method is used when the net realizable value of inventory drops below its original cost. This method requires recognizing a loss on inventory when its value decreases.
On December 31, 2020:
1. Calculate the net realizable value (NRV) for the inventory items.
2. Compare the NRV of each item with its cost.
3. If the NRV is lower than the cost, recognize a loss for the difference between the cost and NRV.
4. Create a journal entry to record the loss on inventory:
- Debit Loss on Inventory account
- Credit Inventory account
On December 31, 2021:
1. Repeat the above steps to calculate the NRV and compare it with the cost of inventory items.
2. If the NRV is lower than the cost, recognize a loss for the difference between the cost and NRV.
3. Create a journal entry to record the loss on inventory:
- Debit Loss on Inventory account
- Credit Inventory account
Now, moving on to which method provides a higher net income in each year:
In both years, using the loss method will result in a lower net income compared to other methods. This is because the loss method recognizes losses when the NRV is lower than the cost, reducing the overall net income. Therefore, the other methods would provide a higher net income in each year.
On December 31, 2020, and December 31, 2021, use the loss method to recognize a loss on inventory if the NRV is lower than the cost.
- The loss method will result in a lower net income compared to other methods in each year.
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the first and foremost function of management is . a. planning b. organising c. controlling d. coordination
The first and most important function of a management solution is planning.
With an example, what really is planning in the management function?Planning: This step entails planning out precisely how and where to achieve a specific goal. Assume that the organization's objective is to boost company sales. The manager must first determine which steps are required to achieve the goal. Among these steps could be increased trying to advertise, inventory, & sales staff.
What are the four management functions of planning?This vision and goal-setting, as well as the work of developing a plan to achieve those goals, are all part of the planning function. They identify business issues, work on long-term initiatives (including growth plans, corporate goals, and business forecasting), and make decisions which it move the company forward.
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which microbes is used to extract ethanol from fruit juice and sugar molasses ·
Answer:
Yeast
Explanation:
A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.
Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.
Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31, 2014. Net income of $6,000 was reported on its income statement for the year ended December 31, 2015. Dividends in the amount of $5,625 were declared on December 31, 2015; the dividends are payable to the company's stockholders on February 1, 2016. The balance in its Retained Earnings account on December 31, 2015 equals _____.
Answer:
The balance in its Retained Earnings account on December 31, 2015 equals $43,375
Explanation:
Ending retained earnings = Beginning retained earnings + Net income - Dividend declare = $ 43,000 + $ 6,000 - $ 5,625
= $ 49,000 - $ 5,625
= $ 43,375
The balance in Anderson’s Retained Earnings account on December 31, 2019 is $ 43,375.
what effects will an increase in yield volatility have on the values of a putable and a callable bond
Effects will an increase in yield volatility have on the values of a putable and a callable bond : One bond's value will rise, while the other bond's value will fall
A company can issue fresh debt at a lower interest rate than the initial callable bond if market interest rates drop after the bond is floated. By exercising the call feature on the earlier callable bond, the corporation utilizes the revenues from the second, lower-rate issue to settle the debt. As a result, the business refinanced its debt by substituting newly-issued debt with a lower interest rate for the callable bonds that had a higher yield.
By exercising callable bonds, a corporation can reduce interest costs and avoid long-term financial issues in the event that economic or financial conditions deteriorate.
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Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
Answer:
noun
Explanation:
indeed
Resume search programs often search for noun. A resume keyword scanner is software that job posting sites use to search resumes for certain keywords.
What is Resume?A resume is a formal document created by a job seeker to list their qualifications for a particular position.
A customized cover letter is typically included with a resume, in which the candidate expresses interest in a certain job or organization and highlights the most essential data on the resume.
Thus, option a, Noun is correct option.
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starbucks ran a new ad during the super bowl. the marketing department wanted to know the percentage of people watching the program who were exposed to the ad during the event. starbucks was measuring the blank of the ad.
Starbucks was measuring the reach of the ad during the Super Bowl.
Reach is a marketing term that refers to the number or percentage of people in a target audience who have been exposed to a particular advertisement or marketing message at least once during a specific period.
In this case, the marketing department wanted to determine the percentage of people who were watching the Super Bowl and were exposed to the Starbucks ad during the event.
Measuring the reach of an ad is an important aspect of advertising effectiveness evaluation as it helps determine the potential impact of the ad and how many people it has reached. It also assists marketers in deciding how to allocate advertising budgets to optimize reach and maximize ROI.
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According to the erosion model of organizational commitment, the employee with the fewest emotional bonds is the most likely to quit.a. Trueb. false
The given statement exists true. The employee with the fewest emotional ties is the most likely to leave, per the erosion model of organizational commitment.
What is the erosion model of organizational commitment?
According to the erosion model, employees who have less or weaker relationships with their employer are more likely to quit their jobs because they don't feel like they belong or have any involvement with the company. Using an equation that takes into account the characteristics of the pipe's material, the pace at which the sand is eroding, its characteristics as a fluid, its flow rates, and its characteristics as a fluid, the model determines the metal penetration rate by erosion. Employees with less bonds are predicted by the erosion model to leave the company at a higher rate.
When a person has an affective commitment, it means they are aware of the consequences of quitting a group and want to stay a part of it.
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By default, outlook will sort messages by date and by any conversation. Conversations area
In the outlook application, the conversation means the groups of messages between the same senders or recipients.
What is the outlook application?It is an application on windows that allows to send/receive email messages, manage calendar, store names, track tasks etc
Hence, in this application, the term conversation means the groups of messages between the same senders or recipients.
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Type the correct answer in the box. Spell all words correctly.
Which form of marketing do firms use when they market their products to all consumers alike, even when not all of them constitute the target audience?
When firms market their products to all consumers alike, even when not all of them constitute the target audience, they exhibit (___?___) marketing.
Answer:
Outbound Marketing is the correct answer
Explanation:
Answer:
outbound marketing - I just took the test this is correct
Explanation:
provide a defination of GAAP
Answer:
Showing results for provide a definition of GAAP
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मराठी मध्ये शोधा
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Generally accepted accounting principles, or GAAP, are a set of rules that encompass the details, complexities, and legalities of business and corporate accounting. The Financial Accounting Standards Board (FASB) uses GAAP as the foundation for its comprehensive set of approved accounting methods and practices.
What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
Average total cost ---tells the producer how much the average of the typical unit of output costs to produce. a. true b. false
Yes this is true. Average total cost is calculated by dividing the total cost of production by the quantity of output produced. It provides information on the cost per unit of output, helping producers to make informed decisions about pricing and production levels.
This statement is accurate because the average total cost (ATC) represents the sum of all production costs divided by the quantity of output.
This gives the producer an idea of the cost per unit produced, allowing them to make informed decisions regarding production levels and pricing.
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The premium on an investment is the amount of money
that is returned to the owner at the end of the term. True or
False
The statement "The premium on an investment is the amount of money that is returned to the owner at the end of the term" is false.
The term "premium" refers to the amount paid by the policyholder to the insurance company for obtaining an insurance policy. It is a sum of money paid by the insured to the insurer in exchange for insurance coverage.Premium can also refer to the additional cost paid for a product or service, which is of higher quality than a similar product or service that is offered for a lower price.
The additional cost is charged because of the added features and benefits provided by the premium product or service. This is known as a premium price.However, in the context of investments, premium is used to describe the price of a security or stock that is higher than its actual or intrinsic value.
This occurs when there is an excess demand for the stock or security, or when the company or organization that issued the security is highly reputable and has a good track record. The premium refers to the amount paid by the policyholder for insurance coverage or the additional cost paid for a product or service of higher quality.
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Before submitting a final policy memo, analysts may modify certain recommendations based on feedback from experts and the general public. This is an example of _____ control.StructuralPreliminaryPost actionScreeningFinancial
This is an example of preliminary control, which involves reviewing and adjusting recommendations before final submission.
Preliminary control helps to identify potential issues and make necessary adjustments before the policy memo is released to stakeholders.
By soliciting feedback from experts and the general public, analysts can ensure that their recommendations are well-informed and relevant to the needs of the target audience.
This type of control is essential for ensuring that policy decisions are effective and aligned with organizational goals.
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which type of marketers specifically consider the broad implications of their actions?
Marketers who consider the broad implications of their actions are called "socially responsible marketers".
Marketing is a field that involves promoting and selling products or services to consumers. However, not all marketers approach their work in the same way. Some marketers are more focused on short-term profits, while others are more concerned with the broader implications of their actions.
Socially responsible marketers are marketers who take into account not only their own company's goals, but also the impact their actions have on society as a whole. They consider the long-term effects of their marketing strategies on consumers, the environment, and society at large.
These marketers are committed to creating marketing campaigns that not only promote their products, but also have a positive impact on the world around them.
Socially responsible marketers understand that their actions can have both positive and negative consequences. For example, they may consider the environmental impact of their products, and take steps to reduce waste or use sustainable materials.
They may also be mindful of the social and cultural implications of their campaigns, and strive to promote diversity, inclusivity, and social justice.
In addition to considering the broad implications of their actions, socially responsible marketers also prioritize transparency and honesty. They are committed to providing accurate information to consumers, and avoiding misleading or manipulative tactics. By prioritizing ethics and responsibility in their work, socially responsible marketers help to build trust and loyalty with their customers.
In conclusion, socially responsible marketers are a group of marketers who specifically consider the broad implications of their actions. They are committed to creating marketing campaigns that not only promote their products, but also have a positive impact on society and the world around them. By prioritizing transparency, honesty, and ethics, socially responsible marketers help to build long-term trust and loyalty with their customers.
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Conflict occurs when one party perceives their interests are being opposed or negatively affected by another party. Even the best managers will often have to help resolve disagreements and even destructive conflicts. This activity is important because good managers should understand the various techniques or styles they can use to handle workplace conflicts.
The goal of this activity is to challenge your knowledge of the five conflict handling styles.
Match each item to the appropriate conflict handling style.
Dominating
Obliging
Compromising
Integrating
Avoiding
The solutions are provided below with the wise selection in accord with the question.
1) Milton is always ---> Refraining
What are the obstacles to expansion strategy?A small business owner must actually invest in order to maximize income, and expansion frequently leads to new economic prospects that demand extra costs. However, occasionally purchasing excessively can lead to problems.
1) Milton is always --->-> Refraining
explanation: The avoiding approach involves withdrawing from a difficult circumstance. This strategy works well if the issue at hand is minor or unimportant. It is wise to avoid wasting time and energy on insignificant issues like being irate about not getting a new red Flakiness stapler.
2 Lauryl works ---> is compliant
Explanation: When one party yields to the demands or wants of the other party in the hope of receiving a favor later on, it is akin to an accommodating method of conflict resolution.
3- Your business retracted———->Dominating
Explanation: This is a competition approach wherein the one party elevates its own interests or position over that of other side.
4- Stan and Phylis ------ Compromising
explanation- This approach settles disputes when opposing parties look for a middle ground via fair exchange and a solution that offers that both parties can agree on.
5 - Integrating $4000 from your department
This study looked for parties to work together when both their own and others' interests are highly regarded. All stakeholders reach a consensus on a solution.
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Complete question:
Briefly explain two advantages of public sector businesses
according to your textbook, stability strategies can be very useful in the short run, but they can be dangerous if followed for too long. question 25 options: true false
The given statement "According to your textbook, stability strategies can be very useful in the short run, but they can be dangerous if followed for too long" is true because stability strategies are designed to maintain a company's current position and help it avoid risky investments.
According to many business textbooks, stability strategies can be very useful in the short run, as they help companies maintain their current market position and avoid risky investments. However, if these strategies are followed for too long, they can become dangerous because they can lead to stagnation and a lack of innovation. Companies that focus solely on maintaining the status quo may find themselves falling behind competitors who are more willing to take risks and innovate.
Therefore, it is important for companies to balance stability with the need for growth and innovation over the long term. While stability strategies can be useful in the short run, they should be complemented with strategies that promote innovation, growth, and adaptation to changing market conditions.
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Which of the following is NOT a problem caused by monopolies?
Select one:
Low quality
Fewer new products
Poor customer service
More competition
Answer:
Poor customer service
Explanation:
Poor customer service
A problem that is not caused by monopolies is More competition.Thus the correct answer is D.
What is a monopoly?A monopoly refers to a situation when the market of particular goods and services is captured by a single entity or owner and restricts entry by controlling the activities.
They aim at limiting the amount produced for the market, which leads to charging more. This results in cutting back on economic welfare and consumer surplus.
As they are the single seller in the market which shows that there is no competition in the market, who challenges them. The problem of more competition is not caused by monopoly.
Therefore, Option D is appropriate.
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does nestle kitkat follow skimming marketing policy?
Answer:
yes
Explanation:
I think it does anyway
Answer:
Yes they do follow the skimming marketing policy
What is the rationale behind the optimal choice of the consumer?
development of regulatory mechanism in banking
Answer:
The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.
Explanation:
This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.
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