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4 years ago

6

If an agent has no authority but nevertheless contracts with a third party, the principal can be held liable on the contract. tr

ue or false

1 answer:

enyata [817]4 years ago

6 0

The answer is true i hope this helps

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A company purchased $9,100 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $455 of that merchandise.

elena-14-01-66 [18.8K]

Answer:

$259.35

Explanation:

The computation of the amount of cash paid is shown below:

= (Purchase value of merchandise - returned goods of merchandise - discount charges)

= ($9,100 - $455 - $259.35)

= $8,385.65

The discount charges is

= (Purchase value of merchandise - returned goods of merchandise) × discount rate

= ($9,100 - $455) × 3%

= $259.35

We simply applied the above formula

3 0

4 years ago

Detailed information which expands upon main areas of your business plan should be included in which portion of the plan?

Nostrana [21]

Appendices are detailed information that expands upon main areas of your business plan that should be included in which portion of the plan.

A business plan is a document that defines in detail an employer's goals and how it plans to gain its goals. A business plan lays out a written roadmap for the firm from advertising and marketing, monetary, and operational standpoints. both startups and hooked-up companies use commercial enterprise plans.

A business plan is a properly written document containing the goals of a business, the methods for reaching the one's dreams, and the timeframe for the success of the desires.

Correct plans are normally notably certain and consist of data on all elements of the business, which include the enterprise, advertising, finance, employees, and numerous running procedures. They may be unique, talk to all company employees, and require commitment from absolutely everyone.

Learn more about a business plan here brainly.com/question/1958071

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6 0

2 years ago

Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, a

umka2103 [35]

Answer:

<u>Cash Flow</u>

year 1: cash generated in operating activities: 35,000

year 2: cash used in operating activities (28,000)

<u>Receivables:</u>

year 1: 23,000

year 2: 40,000

<u>Net Income</u>

year 1: 32,000

year 2: 59,000

Explanation:

<u></u>

Cash flow:

<u>operating activities: year 1</u>

collected from client 170,000

salaries paid to employees (100,000)

utilities (35,000)

insurance policy (63,000)

cash used in operating activities (28,000)

<u>operating activities: year 2</u>

collected from client 200,000

salaries paid to employees (110,000)

utilities (55,000)

cash generated in operating activities: 35,000

receivable:

billed - collected

year 1 receivables 193,000 - 170,000 = 23,000

year 2 receivables 240,000 - 200,000 = 40,000

<u>Income Statement year 1</u>

fees revenues 193,000

salaries (100,000)

utilities (40,000) (incurred cost)

insurance (21,000) (63,000 for three years, the value of 1 year is 21,000)

net income 32,000

<u></u>

<u>Income Statement year 2</u>

fees revenues 240,000

salaries (110,000)

utilities (50,000) (incurred cost)

insurance (21,000) (63,000 for three years, the value of 1 year is 21,000)

net income 59,000

5 0

3 years ago

The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In

navik [9.2K]

Answer:

$221,500

Explanation:

The computation of the amount of the goodwill is shown below:

Goodwill = Acquiring value - fair market value of all assets

where,

Acquiring value = $502,000

And, the fair market value of all assets is

= Account receivable market value + inventory market value + fixed assets market value + other assets market value

= $35,000 + $183,000 + $46,500 + $16,000

= $280,500

So, the goodwill is

= $502,000 - $280,500

= $221,500

3 0

4 years ago

Go on the link abouve to be hacked

stiv31 [10]

There’s not a link and also just, what?

8 0

3 years ago