Answer:
when the shareholders hire a manager to run their company.
Explanation:
An agency relationship in corporate finance is a situation whereby a party known as an agent is hired by another party which is the principal, to perform certain functions or services. Based on this question, the share holders are known as the principal while the manager act as the agent. The relationship is formed after the agent has agreed that he or she will represent the principal
Answer:
a) $200
b) $3,000
c) $900
d) $50
Explanation:
The amount of each adjustment will be as follows
a) Business receives $2,000 on January 1 for 10-month service contract for the period January 1 through October 31.
Thus,
Monthly amount
= Total amount ÷ Duration from January 1 through October 31.
= $2,000 ÷ 10
= $200
b) Total salary for all employees is $3,000 per month. Employees are paid on the 1st and 15th of the month.
since the salary is paid per month it will be remain $3,000 after adjusting
c) The bill for the customer for the month is $900
d) The interest payable will remain same as $50 is paid each month
Answer:
Peer assessment or peer review provides a structured learning process for students to critique and provide feedback to each other on their work. It helps students develop lifelong skills in assessing and providing feedback to others, and also equips them with skills to self-assess and improve their own work.
Answer: A. the company will be willing to pay a different amount for this resource.
Explanation:
The upper limit for the resource was 18 and anything up to 18 would have attracted the same shadow price (price company estimated it was willing to pay for access to this resource).
The access was increased past this limit however to 18.01. The company therefore will now have more access to the resource and so will be willing to pay a different amount for the resource.
