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SpyIntel [72]
3 years ago
8

When a person is authorized by the principal to transact all affairs in connection with a particular type of business or trade o

r to transact all business at a certain place, that person is a __________ agent.
Business
1 answer:
yawa3891 [41]3 years ago
6 0

Answer:

General agent

Explanation:

A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.

A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.

On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.

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Match the following statements to the appropriate terms.
ololo11 [35]

Answer:

Matching Statements to Appropriate Terms:

Price-earnings ratio = Profitability Ratio

Return on Assets = Profitability Ratio

Accounts Receivable Turnover = Liquidity Ratio

Earnings per share = Profitability Ratio

Payout ratio = Profitability Ratio

Working capital = Liquidity Ratio

Current ratio = Liquidity Ratio

Debt to Assets = Solvency Ratio

Free Cash Flow = Solvency Ratio

Explanation:

Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.

Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets.  They include the working capital, the current ratio, and the acid-test ratio.

Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.

8 0
3 years ago
A wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a:__________. a. merchan
Nata [24]

Answer:

e. selling agent.

Explanation:

A selling agent is a person that acts on behalf of businesses to find buyers or sell property or goods.

Therefore, a wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a selling agent.

3 0
2 years ago
Pollachek Co. purchased land as a factory site for $430000. The process of tearing down two old buildings on the site and constr
UkoKoshka [18]

<u>Solution and Explanation:</u>

Land = 430000 + 48000 - 6800 + 2050 + 1400 = $474650

Building = 2100 + 64000 + 700 + 1200000 + 1610000 + 220000 = $3096800

In the land, cost of land has been included and along with amount to raze old building is included. salvage value is subtracted and legal fees is included and insurance on property cost is also included in the calculation of land.

In the calculation of building, land survey fees is included, drawing of factory plans is included, insurance premium fess is included, instalments amounts is included and interest cost is also included.

8 0
3 years ago
What is one consequence of stagflation?
Katen [24]

Answer: The economy drastically slows down as money loses its buying power.

Explanation:

3 0
3 years ago
How many people make 1 million per year in the world
Dmitry [639]
I think it’s around 18 million or more people that make more than 1 million or 1 million yearly
8 0
3 years ago
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