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Bess [88]
3 years ago
9

Robert is a wealthy businessman who wishes to purchase a particular property. realizing that the price might become inflated if

his name is made known, he asks faye to negotiate the purchase of the property on his behalf. faye is the general manager of robert's east coast operations. faye reports directly to robert and is supervised in all respects. faye is told to tell philip, the property owner, that she represents someone, but she's told not to specify who she works for. the agency would be described as: undisclosed. disclosed. indemnified. partially disclosed.
Business
2 answers:
insens350 [35]3 years ago
8 0

The agency would be described as Partially Disclosed.

Robert wanted to purchase a property. Robert didn't want to disclose his identity because of the fact that his wealthy background will inflate the purchase. So he decided to send another person for initiating the deal with the property owner. That person told the owner that he is going to purchase this property on behalf of another person, but he will not tell him that who is actually going to purchase it.

So he told the owner partially about the buyer. So this would be described as the Partially disclosed deal.

jasenka [17]3 years ago
4 0

The agency would be described as partially disclosed. A partially disclosed happened because Philip has been notified that Faye is representing someone, but has no notice of Robert’s identity. In here, <span>Faye is liable to Philip even if she did not disclose the identity of Robert, but, she has a right to be refunded for any losses suffered due to Robert’s default.</span>

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The owner of a bicycle repair shop forecasts revenues of $240,000 a year. Variable costs will be $70,000, and rental costs for t
Sergeu [11.5K]

Answer:

1. Adjusted Accounting Profits

- This method gives cashflow by adjusting revenue for expenses.

Earnings before tax

= Revenue - variable cost - rent cost - depreciation

= 240,000 - 70,000 - 50,000 - 30,000

= $90,000

Earnings After tax

= 90,000 ( 1 - tax rate)

= 90,000 ( 1 - 30%)

= $63,000

Add back depreciation as it is a non-cash expense

Operating cashflow = 63,000 + 30,000

= $93,000

2. Cash inflow/cash outflow analysis

Cash outflow is removed from inflow.

= Cash inflow - outflow

= 240,000 - variable cost - rent cost - tax

= 240,000 - 70,000 - 50,000 - 27,000

= $93,000

Tax = Earnings before tax * 30%

= 90,000 * 30%

= $27,000

3. The depreciation tax shield approach.

The tax shield that depreciation affords is added to the earnings after tax.

= Revenue - variable cost - rent cost

= 240,000 - 70,000 - 50,000

= $120,000

After tax = 120,000 * ( 1 - 30%)

= $84,000

Depreciation tax shield = depreciation * tax

= 30,000 * 30%

= $9,000

Cashflow = 84,000 + 9,000

= $93,000

4. Are the above answers equal?

Yes they are. All give an operating cash-flow of $93,000.

4 0
3 years ago
What does SME stand for
boyakko [2]

Answer:

Subject Matter Expert and Small and Medium Enterprise

Explanation:

the abbreviation for "Subject Matter Expert"

and "Small and Medium Enterprise"

5 0
3 years ago
Read 2 more answers
Baker traded a building used in her business for some new land. Baker originally purchased the building for $50,000 and it had a
Fittoniya [83]

Answer:

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

Explanation:

<em>Step 1: Determine the initial loss/gain in value of the building</em>

initial loss/gain=original purchase price-adjusted basis

where;

original purchase price=$50,000

adjusted basis=$30,000

replacing;

initial loss/gain=50,000-30,000=$20,000

initial loss in value=-$20,000

<em>Step 2: Determine the loss or gain from the exchange</em>

loss/gain=35,000-30,000=$15,000

gain=$15,000

Step 3: Determine other additional costs

Costs=loss=-$5,000

<em>Step 4: Determine the net gain/loss</em>

net gain/loss=-20,000+(15,000)+(-5,000)=-$10,000

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

8 0
3 years ago
Bonita Company has a factory machine with a book value of $87,800 and a remaining useful life of 5 years. It can be sold for $32
qwelly [4]

Answer: Old machine should be replaced.

Explanation:

The variable manufacturing cost will reduce by:

= 624,000 - 524,000

= $100,000

Over a period of 5 years this will be:

= 100,000 * 5

= $500,000

Selling the old machine would bring in $32,000:

= 500,000 + 32,000

= $532,000

The cost of the new machine would reduce this gross benefit by:

= 532,000 - 455,100

= $76,900

<em>Net income will increase by a total of $76,900 over the 5 year period if the new machine is bought so it should be bought. </em>

4 0
2 years ago
Connie and sam's detached garage was recently destroyed by a tornado. their house was insured for $135,000, and the detached str
KIM [24]

The correct answer is $13,500

The insurance coverage for the garage will cover the garage for 10% of the insured value of the home. This is calculated by multiplying .1 x $135,000 = $13,500.

Even though there is $15,000 in damage, the garage is only covered for $13,5000 of insurance.

8 0
3 years ago
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