Answer:
c.may be estopped from denying that Dee had authority.
Explanation:
Bluto made a mistake by allowing Dee to have his authority and also act on his behalf. Furthermore, Dee took a payment from the client and ran away with the money without performing any duty. This shows that Dee is not sincere and has committed fraud. In the absence of Dee, Bluto is liability to any criminal act conducted by Dee.
The purpose of the marketing management is to satisfy their customers/clients needs by creating communication, and <u>delivering value</u> in selected markets.
<h3>What is Marketing Management?</h3>
Marketing management is the process of identifying lucrative prospects and putting them in place by satisfying consumers.
Consumers are at the center of marketing management. As a result, the marketing manager must determine which services that satisfies their customers and which services fail to fulfill their wants and expectations in order to generate the best services to compensate for the deficit.
Learn more about Marketing Management here:
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Answer:
The investor participates in the investee's policy-making process.
Explanation:
It is the Job of Board of Directors.
Answer:
$40
Explanation:
Overhead per machine hour = Overhead ÷ 250,000 machine hours
= $750,000 ÷ 250,000
= $3
Cost of each unit:
= Direct material + Direct labor + Overhead
= $14 + $20 + (machine hours per unit × Overhead per machine hour)
= $14 + $20 + (2 × $3)
= $40
Therefore, the cost of each unit produced is $40.
Answer:
Paradise Travel Service
Balance Sheet as of May 31, 20Y6:
Assets:
Cash $52,000
Accounts receivable 38,000
Supplies 3,000
Land 450,000
Total assets $543,000
Liabilities and Equity:
Accounts payable 18,000
Common Stock 100,000
Retained Earnings 425,000
Total liabilities and
equity $543,000
Explanation:
a) Data and Calculations:
Paradise Travel Service
Income Statement for the year ended May 31, 20Y6:
Fees earned $900,000
Office expense 300,000
Miscellaneous expense 15,000
Wages expense 450,000
Total expenses 765,000
Net Income $135,000
Statement of Retained Earnings for the year ended May 31, 20Y6:
Retained Earnings, June 1, 20Y5 $300,000
Net Income 135,000
Dividends 10,000
Retained Earnings, May 31, 20Y6 $425,000
b) The balance sheet shows the balances of assets, liabilities and equity at the end of an accounting period. It derives its name from the accounting equation, which states that assets = liabilities + equity. This equation implies that the two sides always balance each other.
