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3 years ago

6

When a third party knows that an agent is acting on behalf of a principal, but does not know the identity of the principal, the

principal is________________?

1 answer:

Amanda [17]3 years ago

5 0

Partially disclosed or unidentified

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URGENT!! NEED ANSWER ASAP<br><br> The FBLA is only for students still in school.<br> True<br> False

AleksAgata [21]

Answer: False

Explanation: They have a division for college students , parents and educators.

5 0

3 years ago

Zahra's Decoratives produces and sells a decorative pillow for $97.50 per unit. In the first month of operation, 2,000 units wer

GalinKa [24]

Answer:

$38,675

Explanation:

sales price per pillow $97.50

total production 2,000 units

total sales 1,750 units

costs:

variable costs $22.10 per unit

fixed manufacturing $13.00 per unit

fixed administrative expenses $19.50 per unit

variable costing assigns only variable costs to inventory and COGS, so the COGS using variable costing = 1,750 units x $22.10 = $38,675

under variable costing, all fixed costs are period costs (fixed manufacturing and fixed administrative).

4 0

3 years ago

Tayco Corporation has just paid dividends of $3 per share. The earnings per share for the company was $4. If you believe that th

tino4ka555 [31]

Answer:

the price earning ratio is 8.33

Explanation:

The computation of the price earning ratio is shown below:

P/E Ratio is

= share price ÷ Earning Per share

where,

The price of a share is

= 3 × 106

= $3.18

And, the earning per share is

= $4 × (1.06) ÷ (0.15 - 1.06)

So, the price earning ratio is

= (3 × (1.06) ÷ 4(1.06)÷ (0.15 -0.06))

= 8.33

Hence, the price earning ratio is 8.33

8 0

3 years ago

In Macroland, currency held by the public is 2,000 econs, bank reserves are 300 econs, and the desired reserve/deposit ratio is

kotegsom [21]

Answer:

the money supply in Macroland will increase from <u>5,000</u> econs to <u>7,000</u> econs

Explanation:

Currently, Macroland's money supply = 2,000 econs held by the public and 3,000 econs held by the banks (= 300 econs x 1/0.1).

In order to determine the increase in the money supply we must multiply the inflow of econs by the money multiplier. The money multiplier = 1 / reserve ratio = 1/0.1 = 10.

Since the government is injecting 200 econs to the economy, the increase in the money supply = 200 econs x 10 = 2,000 econs.

So now, Macroland's money supply will increase from 5,000 to 7,000 econs.

The money multiplier measures the banking system's ability to "create" money. The banking system creates money by first receiving deposits, e.g. you deposit 10 econs in your savings account, and then lending money to another client. The bank will lend 9 econs (-10% required reserve) to John that will purchase a bike. The seller of the bike receives the money form John and deposits the 9 econs in his own bank. Then this second bank will lend 8.10 econs to Sarah. Sarah will use the money to purchase a new computer and a printer from Tom. Tom then deposits the money in his bank, and then his bank lends 7.29 econs to Sally, and the wheel goes on and on.

This money creating process is possible because Macroland uses a fractional banking system, which means that the banks are only required to keep a fraction of total deposits as reserves.

7 0

3 years ago

The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contrib

k0ka [10]

Answer:

Year 3 cashflow:

current system: 243,360

alternative system: 102,240

Present cost:

current system PV -$971,665.9146

alternative system PV -$1,075,964.17

Explanation:

<u>Current Scenario:</u>

42,000 inspection cost

<u>Repairs:</u>

1,520 identified x $75 = 114,000

<u>Refunds:</u>

480 units x $182 = 87,360

Total yearly cost: 243,360

PV of an annuity of $243,360 during 5 years:

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 243,360

time 5

rate 0.08

$243360 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $971,665.9146

<u>New Scenario:</u>

Inspection cost: $42,000 + $25,000 = $77,000

Repair cost: 350 units x $41 = $14,320

Refunds: 50 units x $182 x 120% = $10,920

Total yearly cost: $102,240

F0 cost:

470,000 workers trainings

210,000 purchase cost

Total F0 cost: 680,000

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 102,240

time 5

rate 0.08

$102240 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $408,214.6742

PV of residual value:

PRESENT VALUE OF LUMP SUM

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 18,000.00

time 5.00

rate 0.08

$\frac{18000}{(1 + 0.08)^{5} } = PV$

PV 12,250.50

Net present value:

- 680,000 -408,214.67 + 12,250.50 = 1,075,964.17

4 0

3 years ago