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Elden [556K]
4 years ago
12

Bob is hired by Carol to collect outstanding balances owed to her by her customers. However, Bob is not an attorney and cannot f

ile a lawsuit against those who don't pay. Bob hires Mike, who is licensed to practice law, to help him file a lawsuit against those who don't pay. What is Mike?
Business
1 answer:
Sliva [168]4 years ago
4 0

Answer:

A sub-agent

Explanation:

Since Mike who was hired by Bob is licensed to practice law, which would help him file a lawsuit against those who don't pay the outstanding balances owed, he is a sub-agent.

A sub-agent in legal law is someone who performs a fiduciary duty and incurs the same liabilities in regard to his immediate employers, like the sole principal.

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The following are budgeted data for the Bingham Corporation, a merchandising company:
soldi70 [24.7K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Budgeted Sales (at retail):

January $300,000*0.60=  180,000

February $340,000*0.6= 204,000

March $400,000*0.6= 240,000

April $350,000

Cost of goods sold as a percentage of sales 60%

Desired ending inventory 75% of next month sales

April:

Purchase from March= (240,000*0.25) + (350,000*0.60*0.75)=60,000 + 157,500= $217,500

5 0
4 years ago
Question 17 of 20
Hoochie [10]

Answer: A microcomputer is a small computer that contains a microprocessor as its central processor.

Explanation:

6 0
3 years ago
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Someone who needs a car to travel to work, run daily errands, and make yearly road trips would most likely choose to do which of
lisov135 [29]
B. Finance a car. If they need to use one yearly, then it would be best to finance one and pay it off over time
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3 years ago
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What field deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information
Elenna [48]

Management information systems field deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information systems used by managers and employees in the firm.

Explanation:

The information management system is an software system used to make decisions and to organise, track, interpret and envision software about a business.

Research of management information systems in an corporate framework that measures individuals, procedures and technologies.

For example, a store may use a computer database to monitor the items it best sells. And there may be a music shop selling CDs over the Internet from a website.

5 0
3 years ago
Select all that apply The three-step analysis to determine cash provided or used by investing activities includes: Multiple sele
Tomtit [17]

Answer:

identifying changes in investing-related accounts

reporting the cash flow effects

explaining the changes using T-accounts and reconstructed entries

Explanation:

In analysing cash flows in a business there are 3 types of cash flow: from operating activities, from investing activities, and from financing activities.

Cash flow from investing activities involves cash used for various investments over a particular period.

This can include purchase of property, equipment, acquisition of other businesses, and investment in marketable securities.

The three-step analysis to determine cash for investing activities includes:

- monitoring changes that occurs in investment related accounts

- reporting of cash flow as it relates to investment

- use of T accounts and reconstructed entries to explain changes in cash flow

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3 years ago
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