the key to determining whether a principal may be liable for the torts of an agent under the doctrine of respondeat superior is whether the torts are committed within the scope of the agency. what may courts consider in determining whether a particular act occurred within the course and scope of employment? choose three answers.
Answers
The scope of an company relationship is its range of operation or purpose. The scope of an business enterprise relationship is determined via what the parties intend the agent to accomplish. It is the scope of the relationship that establishes the agent's authority and tasks to the principal
What are the 4 factors of agency?Text: Agency is the fiduciary relationship which results from the (1) manifestation of consent with the aid of one character to every other that the other (2) shall act on his behalf and (3) difficulty to his control, and (4) consent by means of the other so to act.
The scope of an agent's authority will depend upon the agreement that is made between the agent and principal. Generally, there are two approaches to decide the scope of the agent's authority, categorical or implied. An agent's authority may additionally be expressly determined.
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Using these data from the comparative balance sheet of Sunta Fe Spice Company, perform horizontal analysis. (Round percentages to 0 decimal place, e.g. 17%.)
Increase or (Decrease)
December 31, 2017 December 31, 2016 Increase or (Decrease) Amount Percentage
Accounts receivable $ 375,000 $ 300,000 $ __________ ___________ %
Inventory 780,000 600,000 ____________ ___________ %
Total assets 3,220,000 2,800,000 __________ __________ %
Answers
Answer:
75000,25%;
18000, 30%.
420000, 15%.
Explanation:
From the question above we are given the following parameters Accounts receivable for year 2017 = $ 375,000,
Inventory for the year 2017 = 780,000 and the Total assets for the year 2017 = 3,220,000.
Accounts receivable for year 2016 = $ 300,000, inventory for the year 2016 = 600,000 and the Total assets for the year 2016 = 2,800,000.
Therefore, we have the following simple arithmetic(which is subtraction between the variables in the two years) to determine the solution to the question:
(375,000 - 300,000) = 75,000 = 25%(increase).
(780,000 - 600,000) = 180,000 = 30%(Increase).
(3,220,000 - 2,800,00) = 420,000 = 15%(increase).
Answer:
25%30%15%Explanation:
Accounts receivables
December 31 2017 = $375000
December 31 2016 = $300000
difference = $75000 ( 25%) { increase}
Inventory
December 31 2017 = 780000
December 31 2016 = 600000
difference = 180000 ( 30% ) { increase}
Total assets
December 31 2017 = 3220000
December 31 2016 = 2800000
difference = 420000 ( 15% ) { increase }
Alex is a member of Government Accounting Standard Body (GASB). This accounting body is not a government entity. GASB has been formed in agreement with which accounting federation?
Answers
Answer:
The creation of the Government Accounting Standard Body (GASB) involved many institutions. It was not just an agreement between accounting federations. The institutions that agreed the creation and standards of GASB are:
Financial Accounting FoundationAmerican Institute of Certified Public AccountantsGovernment Finance Officers Association National Association of State Auditors, Comptrollers and Treasurers seven organizations representing state and local government officials.Answer: FINANCIAL ACCOUNTING FOUNDATION (FAF)
Explanation:
STEP 1 1. Explain the five basic costs curves that SEGAO Bricks will experience. ert MC =MR
Answers
The five basic cost curves that SEGAO Bricks will experience are:
1. Total Cost (TC) Curve: The total cost curve represents the relationship between the total cost of production and the quantity of output produced. It shows how the total cost changes as the level of production changes.
2. Marginal Cost (MC) Curve: The marginal cost curve represents the additional cost incurred by producing one more unit of output. It shows how the cost of producing each additional unit changes as the quantity of output increases. The marginal cost curve is derived from the change in total cost divided by the change in quantity.
3. Average Total Cost (ATC) Curve: The average total cost curve represents the average cost per unit of output. It is calculated by dividing the total cost by the quantity of output. The average total cost curve shows how the average cost changes as the level of production increases.
4. Average Variable Cost (AVC) Curve: The average variable cost curve represents the variable cost per unit of output. It is calculated by dividing the variable cost by the quantity of output. The average variable cost curve shows how the variable cost per unit changes as the level of production increases.
5. Average Fixed Cost (AFC) Curve: The average fixed cost curve represents the fixed cost per unit of output. It is calculated by dividing the fixed cost by the quantity of output. The average fixed cost curve shows how the fixed cost per unit changes as the level of production increases.
The equation MC = MR represents the condition for profit maximization in a perfectly competitive market. It states that a firm should produce at the quantity where the marginal cost (MC) equals the marginal revenue (MR). This ensures that the firm is maximizing its profit by producing the optimal quantity of output at which the additional revenue generated by producing one more unit (MR) is equal to the additional cost incurred (MC).
Why are production possibilities curves helpful for businesses?
A. They show how many products will need to be sold to earn a
profit.
B. They show how producing one product affects production of
another.
C. They predict how a product's sales will rise and fall over time.
D. They compare production efficiency between multiple companies.
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Answer: B - they show how producing one product affects production of another.
Explanation: Uses comparative advantage to allocate production factors, thus obtaining better efficiency
Explain all the reasons why a decrease in the price of a product would lead to an increase in purchases of the product?
Answers
I need help with the operation management assignment plz
Answers
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).
2022 2021
Cash $13,200 $10,800
Accounts receivable 22,200 20,200
Inventory 31,600 30,700
Other current assets 12,200 11,909
Total current assets $79,200 $73,609
Total current liabilities $247,500 $311,100
Compute the current ratio for each year.
Answers
Answer:
this answer might be rong
Explanation:
it just might be rong
Question 3 a. In choosing a supplier of raw materials for operations, there are a number of factors that need to be considered. Mention any three (3) of such factors.
Answers
When choosing a supplier of raw materials for operations, it's important to consider a variety of factors to ensure that you're making the best decision for your business. The factors are Quality, Price, Delivery time and reliability.
Below are three of such factors to consider:
1. Quality: The quality of the raw materials is a vital factor that you should consider when selecting a supplier. The quality of the raw materials will influence the quality of the finished goods produced. As a result, you'll need to ensure that the supplier you choose provides consistent, high-quality raw materials that meet your specifications.2. Price: Cost is an important factor to consider when selecting a supplier. You should ensure that the supplier is providing you with high-quality raw materials at a reasonable cost. It's also important to note that the cheapest supplier may not always be the best option, as quality may be compromised.3. Delivery time and reliability: It's critical to consider the delivery time and reliability of the supplier. The supplier should be able to deliver the raw materials on time and as agreed upon. Delayed deliveries can disrupt your operations, and if they occur frequently, they can damage your business reputation. Reliability is also important to ensure consistent supply and avoid running out of raw materials.For more such questions on supplier
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11. What is the difference between nationalization and privatization?
complete answer
Answers
Privatization means transferring something into private sector, while nationalization means moving it under control of government (or, euphemistically, into public sector). They are opposites.
Privatization is usually done as voluntary trade, where interested private investors can purchase the privatized good from the government. However, nationalization is often forceful, and private businesses are simply robbed of their property by a government decree.
It’s also worth noting that privatization means the government offers something for sale to the citizens, despite the fact that the same citizens have already paid for those goods in their taxes. Examples of just privatization, where citizens receive their shares for free, are very, very unusual.
Tại sao nói Marketing vừa là khoa học, vừa là nghệ thuật?
Answers
Answer:
Sorry I can't understand.....
The following is an extract of Webee Ltd.’s balance sheet. What is its current ratio?
Particulars $
Cash 5,000
Accounts Receivable 5,000
Inventory 10,000
Prepayments 4,000
Long term Assets 100,000
Accounts Payable 2,000
Notes payable within 10 months 2,000
Wages Payable 4,000
Long term Liabilities 16,000
Stockholder's Equity 100,000
a. 2:1
b. 3:1
c. 6:1
d. 4:1
Answers
The current ratio of Webee Ltd is b. 3:1.The current ratio of Webee Ltd can be calculated by dividing its current assets by its current liabilities. Given that we have the company's balance sheet, we can easily find the current ratio.
Current assets are: Cash + Accounts Receivable + Inventory + Prepayments = $5,000 + $5,000 + $10,000 + $4,000 = $24,000Current liabilities are:
Accounts Payable + Notes payable within 10 months + Wages Payable = $2,000 + $2,000 + $4,000 = $8,000Now that we have both figures, we can calculate the current ratio as follows:
Current Ratio = Current Assets / Current Liabilities = $24,000 / $8,000 = 3:1.Therefore, the current ratio of Webee Ltd is b. 3:1.
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define asset-backed security.
Answers
Answer:
An asset-backed security is a security whose income payments and hence value are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.
Explanation:
You are a manager, and you believe that the expense reimbursement system for salespeople is far too slow, taking weeks instead of days. How would you go about convincing other managers that this problem needs to be addressed
Answers
Explanation:
In this scenario, the ideal would be to write a persuasive request, where there is an objective and logical explanation about the observed problem, in the case of the question, about the slowness of the sellers' expenses reimbursement system.
The persuasive request must be written strategically to convince the recipients and draw attention to their point of view. It must also be written in a way that gives credibility to create interest and motivation for the acceptance of your request.
Which secondary effect of advertising refers to a change in the customer’s opinion of the product over a period of time?
Answers
Among the top motivator driving corporation to engage in CSR includes all of the following reasons except
Answers
Answer: meeting or exceeding budget
Explanation:
The options include:
a. Meeting or exceeding budget
b. Ethical considerations
c. Innovation and learning
d. Employee motivation
Corporate social responsibility simply refers to the responsibility of organizations to the society. It is when companies contribute to the goals of the society at large by engaging in charitable deeds or supporting practices that are environmental friendly or ethically viable.
The motivator that drives organizations to engage in corporate social responsibility include ethical consideration, employees motivation, innovation and learning etc.
Therefore, the option that doesn't motivate companies to engage in corporate social responsibility is meeting or exceeding budget.
. People Who Have Some College Education Fiftythree percent of all persons in the U.S. population have at least some college education. Choose 10 persons at random. Find the probability that a. Exactly one-half have some college education b. At least 5 do not have any college education c. Fewer than 5 have some college education
Answers
The U.S. resident population increased by 0.4%, or 1,256,003, to 333,287,557 in 2022 following a historically low rate of change between 2020 and 2021.
What is the likelihood that one-half have some college education?
There is a 17.3425% chance that half of the population has some college education. Therefore, the Binomial distribution will be used to solve the problem. A person is more likely to have at least some college education if their probability is p = 63%, or 0.63.
Education in a college setting is defined as taking classes at a university that offers a bachelor's degree or higher, or at a university that offers a minimum of a two-year program that can be used to fulfill all the requirements for that degree.
In relation to India, the term "higher education"
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Activities would you perform as an entrepreneur?
Answers
Answer:
no. because why it make since to person as an entrepreneur
Sasha has been a manager for 15 years. Recently, his company expanded operations and now markets globally. Since that time, Sasha has had to deal with significantly more critical issues. Which aspect of complexity is affecting Sasha
Answers
The aspect of the complexity that is affecting Sasha, who has been a manager for 15 years in a company that has globally expanded operations is D. dynamism.
What is dynamism?Dynamism is an adaptation characteristic required in an environment that is pursuing vigorous activities and progress like Sasha's company.
We can conclude that Sasha is facing a dynamism issue because of the vigorous nature of the activities and progress her company is facing with the expansion to global operations.
Answer Options:A. ambiguity
B. multiplicity
C. interdependence
D. dynamism
Thus, the aspect of the complexity that is affecting Sasha, who has been a manager for 15 years in a company that has globally expanded operations is D. dynamism.
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how fairness will be reflected in transparency
Answers
Fairness is an essential aspect of any organization or system. When it comes to transparency, it can play a significant role in ensuring that the system is fair and unbiased.
Transparency -Transparency can reflect fairness in several ways. Firstly, when a system or organization is transparent about its policies, practices, and decision-making processes, it allows people to have a clear understanding of how things work. This means that everyone has the same information and can make informed decisions based on that information, which can reduce the likelihood of unfair treatment or discrimination.
Fairness -Fairness is the quality of making judgments that are free from discrimination. Judges, umpires, and teachers should all strive to practice fairness.
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The wages paid to thoose who devote theirtime to supervision or to work of a general nature in the manufacturing process are included in the indirect cost of the factory operation true
or false
Answers
Answer:
sa
Explanation:
20 POINTS!
I need help with putting my two weeks in….
Need to sound professional!
I am currently an intern at a construction office job. I want to say that I have decided to go to esthetician school but appreciate being able to work here as a intern and learn a lot of things these last 6 months.
Thank you!!
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Some of the forklifts we use in the distribution centers will have to be replaced in the second quarter of the 2023 financial year, and we have to start thinking about it soon! We always purchased the forklifts outright from available cash resources or funded them by borrowing the required funding from the bank. We have recently learnt that many companies choose to lease their forklifts. These forklifts normally last a good ten years if we take good care of them. Prepare some relevant information that needs to be considered in a decision to lease or purchase?
Report on the following:
● Different options in the market
● Accounting treatment of the options
● Tax implications of the options
● Cost differentials and
● Cash flow implications
What would the correct decision be for the company.
Answers
Different options in the market:
The distribution center has two options when it comes to replacing its forklifts – leasing or purchasing. With leasing, the center would use the forklifts for a specified period, usually a few years, and then return them to the leasing company. On the other hand, purchasing the forklifts will give the center permanent ownership of the forklifts.
Accounting treatment of the options:
Leasing forklifts is treated as an operating expense that is reflected in the income statement. The lease payments are recorded as expenses over the life of the lease. However, purchased forklifts are treated as a fixed asset that is depreciated over their useful life. The depreciation expense is recognized over several accounting periods on the income statement.
Tax implications of the options:
Leasing forklifts can provide significant tax savings for the business as the lease payments are fully tax-deductible expenses in the financial year they are made. In contrast, depreciation and interest expense for purchased forklifts are deductible over several years, so tax deductions are delayed.
Cost differentials and cash flow implications:
Leasing forklifts would result in lower upfront costs and lower monthly payments compared to purchasing, but the total cost of leasing is typically higher over the long term. In contrast, purchasing requires a substantial upfront payment or a loan, but the total cost is lower over the long term. Cash flow implications of purchasing include funding the entire upfront cost of the forklifts and paying for any maintenance and repairs needed over the lifetime of the forklifts, while cash flow implications of leasing include lower upfront costs but higher monthly payments, which will reduce available cash flow in the short term.
What would the correct decision be for the company:
The company should decide based on its financial situation, long-term business planning, and cash flow requirements. If the company has a limited budget, a short-term need for the forklifts, or requires the latest models frequently, leasing may be a better option. But if the company values ownership, anticipates long-term use or higher utilization, and has the cash resources or access to financing, purchasing may be the more cost-effective option. The decision should consider the financial implications, tax considerations, and cash flow requirements of either option.
According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
Answers
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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Robotics Corporation uses a periodic inventory system and the retail inventory method. Accounting records provided the following information for the 2024 fiscal year: Cost Retail Beginning inventory $ 280,000 $ 520,000 Net purchases 681,000 1,240,000 Freight-in 22,400 Net markups 28,000 Net markdowns 9,000 Normal spoilage 6,000 Sales 1,420,000 The company records sales to employees net of discounts. These discounts totaled $27,000 for the year. Estimate ending inventory and cost of goods sold using the conventional method. Note: Round ratio calculation to 2 decimal places (i.e., 0.1234 should be entered as 12.34%.)
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One asset that includes frequent transactions and is consequently susceptible to errors and blunders is inventory. Different techniques can be used to value inventories.
Finished stock 182,600
Cost of sales 807,950
$290,000 for first inventory, $540,000
Net purchases were 691, 150, 000.
What causes inaccuracies in the inventory?
Human error or deficiencies in inventory management procedures are the main causes of inventory discrepancies.
They can range from shrinkage to theft, lost inventory to accidentally putting merchandise in the wrong area, among other things.
Inventory shrinkage, misplaced inventory, human error, and so forth.
return management errors.
How does inventory work?
All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
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Why is it important to dress for success at a job interview?
Answers
Answer:
For a variety of reasons, it is critical to dress for success during an interview. However, the most important reason is to make it appear as though you are serious about getting the job, or in other words, that you are not wasting your time. If you don't dress professionally or for success, the interviewer may not perceive you as hardworking, and you may lose the job.
Explanation:
In recent years, hours of market work have declined and leisure time increased. This trend
a. causes GDP to rise.
b. causes GDP to fall.
c. does not improve the well-being of people because they do not value leisure.
d. is not accounted for in GDP.
Answers
Explanation:
option B.........i guess
•What are the five factors of production and how do they contribute to the creation of wealth?
Answers
Germany for example, is not a country that have many resources. But through entrepreneurship and knowledge, they still are one of the world's greatest power
Answer:
Land, labor, capital, entrepreneurship, and knowledge. Given that wealth is defined as abundance of valuable assets and each of these can be viewed as assets, they themselves add to wealth. However, entrepreneurship and knowledge are not accountable in a value sense. Everyone has the opportunity to advance their own mental tool kits. To answer your direct question, they contribute to the creation of wealth by enabling the necessary experimentation for new idea’s proof of concepts. Resources enable the ability to experiment with nature and its forces, which is a requirement for technological advancement. Technology has historically proven to be the most valuable asset to obtain
Explanation:
If a company is using the indirect method to prepare the statement of cash flows, identify where an increase in the accounts receivable account should be reported:
Answers
Which of the following industries is most likely to have low equipment utilization?
Answers
Answer:
Restaurants
Explanation:
The utilities sector refers to a category of companies that provide basic amenities, such as water, sewage services, electricity, dams, and natural gas.
quick please I need help
Answers
Answer:
Answer below
Explanation:
Income
Monthly income $60 ( the $15 per week * 4 the number of weeks in a month ).
Grandparents $30
Total income $90
Essential expenses ( fixed )
Bicycle tune up $20
Essential expenses ( variable )
New bike tire $5
Non-essential expenses
Game $50
Total expenses $75
Total savings $15
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