Answer:
d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.
Explanation:
Liability is the degree to which a person is responsible for injury that happens to another party in a lawsuit. Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and "Clean as a Whistle Co." as cleaners.
Peter will be least liable if Emralda from "Clean as a Whistle Co." runs over Patty I'm the dealership's parking lot.
This is because Peter hired the company as a seperate entity from the cleaning company employees. The conduct of employees from the cleaning company is responsibility of "Clean as a Whistle Co."
Answer:
The correct answer is: right; right.
Explanation:
During an economic expansion as people increase investment, the income and wealth held by the people increases. This will cause an increase in demand for bonds as people will look for ways to invest their increased income.
This will cause the demand for the bonds curve to shift to the right. This rightward shift in the demand curve will increase bond prices. The supply of bonds increases during as the businesses want to take advantage of the increase in income and wealth and borrow from people and invest it in their business.
Answer:
b. He will prefer $85 two years from now.
Explanation:
Before making the choice, lets first calculate the present values of these cash flows,
PV factors @ 10% are as follows,
Year 1 = 0.909
Year 2 = 0.8265
Year 3 = 0.7513
Present value of 75 = 75 * 0.909 = 68.175
Present value of 85 = 85 * 0.8265 = 70.25
Present value of 90 = 90 * 0.7513 = 67.617
A rational individual thus would chose $85 two years from now as it yields the max present value.
Hope that helps.
Answer:
Increase
Increase
Explanation:
When wealth increases, the disposable income of individuals increases and individuals are more willing and able to invest in stocks and long term bonds.
I hope my answer helps you.
Answer:
The correct answer is letter "B": Office Supplies, debit; Accounts Payable, credit.
Explanation:
Accounts Payable is the amount of the company's total invoices currently waiting to be paid. These invoices are from vendors of products and services that were recently delivered. They are usually due in 15, 30 or 45 days after the company receives the vendors' invoice. The purchase of equipment, machinery, and office supplies are typically credited to this account.
Thus, <em>the acquisition of office supplies must be debited to the office supplies account and credited to accounts payable</em>.
