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REY [17]
2 years ago
11

Limon, an agent for mindwonder games llc, executes an unauthorized contract with now marketing, inc. the deal is highly advantag

eous to mindwonder, and the company ratifies the contract. the contract is
Business
2 answers:
anygoal [31]2 years ago
6 0

The contract in the scenario is considered to be valid even if the contract is unauthorized because both of the parties have agreed on the contract and therefore, it is considered to be valid and made use of even if there is no authorized personnel involved.

PIT_PIT [208]2 years ago
6 0

BOGUS JUST LIKE THIS QUESTION

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White Company has two departments, Cutting and Finishing.
GaryK [48]

Answer:

Cutting = $10.99 per machine hour

Finishing= $15.28 per direct labour hours.

Explanation:

The question requests the predetermined overhead rate for Cutting department and Finishing department

Step 1: What is the formula for the pre-determined overhead rate

For the Cutting Department

Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Machine Hours +Variable Manufacturing Overhead rate per machine hour.

= $390,000/$43,400) + $2

= $10.99 per machine hour

For the Finishing Department

Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Labour Hours +Variable Manufacturing Overhead rate per machine hour.

= $496,000/43,000) + $3.75

= $15.28 per direct labour hours.

7 0
3 years ago
W. L. Gore & Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command.
Harrizon [31]

Answer:

B) a decentralized structure.

Explanation:

In a decentralized organizational structure, many decision making responsibilities are delegated from upper management to middle and lower management. Most normal day-to-day decisions are made by entry level employees and lower management. The company's organizational structure is not rigid and most decisions can be made rather quickly.

5 0
3 years ago
Select all of the tools you could use to track your expenses.
scoundrel [369]
Automatic bill payment,,Budget software.....hope that helps!(:
3 0
3 years ago
Read 2 more answers
B) Answer the following questions.
lana [24]

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

  • Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
  • Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

6 0
3 years ago
2. Finding the Maturity You've just found a 10 percent coupon bond on the market that sells for par
kirill [66]

Answer and Explanation:

The computation of the maturity of the bond is as follows;

When the bond sales at par that means the future value is equivalent to the present value. Also the par value is considered as a future value and we assume the par value be $1,000. Also the coupon rate and the market rate is the same i.e. 10%

Now

Present value = $1,000

Future value = $1,000

PMT = 10% of $1,000 = $100

RATE = 10%

The formula is shown below:

= NPER(RATE;PMT;-PV;FV;TYPE)

The present value comes in negative

After applying the above formula, the maturity would be

As it shows #VALUE so it is not able to find therefore the maturity would be equal to the par value i.e. $1,000

6 0
3 years ago
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