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Kay [80]
3 years ago
10

Question 9 of 12

Business
1 answer:
Nataliya [291]3 years ago
8 0

Answer:

la A

Explanation:

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Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for cert
Vedmedyk [2.9K]

Answer:

Reimbursement.

Explanation:

When an agent incurs expenses while acting in the interest of principal them the principal is obligated to reimburse the agent the funds spent.

In this scenario Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for certain vehicle maintenance and repair services. Jody has the right to request for refund based on principal's duty of reimbursement.

The action taken must be verified to be in the interest of the principal if not she will not be entitled to reimbursement.

5 0
4 years ago
For 2017, P Co. estimated its two-year equipment warranty costs based on $23 per unit sold in 2017. Experience during 2018 indic
goblinko [34]

Answer:

In 2018 income from continuing operations.

Explanation:

A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.

Therefore first option is correct

5 0
3 years ago
Anyone want to talk on for...tnite or g.m..<br> eet?????
abruzzese [7]

Nah, I don't want to. I don't even play fort_nite either.

7 0
3 years ago
Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If
JulijaS [17]

Answer:

C) $500

Explanation:

First we must determine the money multiplier = 1 / reserve ratio:

  • money multiplier = 1 / 20% = 5

The bank's checkable deposits originally increase by $100, and since it will be able to lend all the money it can, $80, its checkable deposits will also increase by $80 x 5 (money multiplier) = $400.

So the total increase in the bank's checkable deposits = $100 (original deposit) + $400 (money created through loans) = $500

4 0
3 years ago
Which of the following statements is CORRECT? a. Suppose some of a publicly-traded firm's stockholders are not diversified; they
ivolga24 [154]

B is the answer

Because it was right

6 0
3 years ago
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