Answer:
a. Universal agent
Explanation:
The universal agent is an employee that has been appointed by the employer to do particular task. It could be appointed via power of attorney through which he can perform all types of functions
Therefore as per the given situation since the employee can use the credit card of the employer for the business expense so this represent that the relationship is of universal agent
hence, the correct option is a.
I believe the correct answer to your question would be 10 to 14 years for the earth to get 0.1% heavier.
Hope I could help! :)
Answer:
The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company with a BBB- rating.
True
<span>Joint ventures are modern techniques which are usually used to keep up with technological advancements and compete in the global economy. Joint ventures are composed of two or more parties that co-own a specific business, shares business risks and profits eventually together.</span>
Answer:Debt equity ratio= 0.92
Explanation:
Debt equity ratio is a company's liquidity ratio that compares its total debt to total equity showing how the proportion of the finance of the company proceeds from its creditors and investors.
its formulae is given by
Debt equity ratio= Total liabilities /Total shareholder's equity
= Debt/ total asset - debt
let the total asset = 100% = 1
Therefore,
Debt equity ratio=Debt/ total asset - debt
= 0.48/ 1 -0.48 = 0.48 /0.52 = 0.9231
