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3 years ago

What is a uniform landscape? how and why is this concept utilized by fast-food restaurants?

1 answer:

8 0

Uniform landscape is a concept when the spatial expression of a popular custom in one location will be similar to another. These concept is utilized by fast-food restaurants. They <span>are usually organized as franchises. The restaurant is allowed to use the company's name, symbol , trademarks, methods and architectural style. </span>

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The agency relationship is a fiduciary relationship and is based upon trust

mario62 [17]

Answer:

True

Explanation:

Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.

Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).

This type of relationship can only exist as long as mutual trust exists between the agent and his client.

4 0

4 years ago

On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account

slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

To Allowance for Doubtful Accounts $3,150

(Record adjusting entry for bad debt expense estimate)

5 0

3 years ago

Which of the following reflects the purchasing power of wages when adjusted for inflation? A. Real hourly compensation B. Direc

Brut [27]

Answer:

B. Direct financial compensation

Explanation:

When adjusted for inflation the normal wage paid is increased from its existing level to some percentage level similar to inflation level, to meet the inflation in market.

This can be clearly measured as from the actual payment made to the workers which shall include the direct financial compensation paid to the employees. This is because to calculate how much a worker can purchase during inflation is, actually what is the value of money in his hands during inflation, basically the utility.

Therefore, the correct option is:

Direct Financial Compensation.

4 0

3 years ago

Who stated in the 1800s that matter is made of tiny particles called atoms that are indivisible. He thought they were solid litt

Wittaler [7]

Democritus is the right answer

4 0

3 years ago

Read 2 more answers

If both interest rate parity and the international Fisher effect hold, then between the forward rate and the spot rate, the ____

trasher [3.6K]

Answer:

The correct answer is forward; high.

Explanation:

A spot rate is the settlement price agreed in a spot contract, which facilitates the purchase and sale of a good, value or currency on the spot date, which is normally two business days after the trading date. On the other hand, a forward rate is the settlement price in a forward contract, which facilitates the purchase and sale of a good, value or currency when the terms are agreed but delivery and payment will occur at a future date.

Buyers and sellers look for a spot rate to make an immediate purchase or sale. A forward rate is considered to be market expectations for future prices. It can serve as an economic indicator of how the market expects the future to perform, while spot rates are not indicators of market expectations and are instead the starting point for any financial transaction.

Therefore, it is normal for forward rates to be used by investors, who may believe they have knowledge or information about how the prices of specific items will move over time. If a potential investor believes that actual future rates will be higher or lower than the forward rates established on the current date, it could indicate an investment opportunity.

3 0

4 years ago