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