Answer: True
Explanation:
A supervisory manager is employed to monitor and evaluate the performance of employees.
A supervisory manager must be very skillful in managing people and time.
A few examples of the job functions of a supervisory manger are listed below :
• Helping the employee understand their roles and the nature of the task to be accomplished
•Ensure that workers are properly equipped for their job.
•Coordinate the entire team and help them get along
•Organize work and schedule time.
•Update the management with accurate report, etc.
Answer: Interest expense = $45500
Cash outflow = $45500
Explanation:
Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:
Interest expense = $700,000 × 6.50%
= $700,000 × 0.065
= $45500
The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,
Interest expense = $45500
Cash outflow = $45500
Answer: $2,750
Explanation: This is a simple interest problem, we calculate thus:
Principal = $2,500
Time = 5 years
Rate = 2%
Formula:
I = (P x R x T)/100
I = (2,500 x 2 x 5)/100
I = 25,000/100
I = 250.
Therefore the amount that will be owed at the end of 5 years is:
$2,500 + $250 = $2,750.
Answer:
Leslie is correct
Explanation:
It is the duty of the real estate agents to inspect properties properly before signing listing agreement or contracts. In this scenario, Katherine did not do her inspection job properly and if in this scenario, Leslie buys the house and finds out about the leaky roof, she is very correct to accuse Katherine of negligent misrepresentation, and thus should hold Katherine liable for the leaky roof problem.
Answer:
The correct answer is b. The letter of intent is an invitation to negotiate, which is not an offer.
Explanation:
The letter of intent is a document that is written as a pre-agreement between two people or two entities that have the commitment and the intention to proceed further and formalize a contract. They resemble a contract, but unlike these, it is not binding.
We may think that the fact that the letter of intent is not binding makes it lose its value or its usefulness as a practical tool. But the reality is that it serves as proof of will, and such proof may be sufficient proof for other clients or other participants to decide to withdraw.
In addition, the letter of intent itself implies the existence of a negotiation, where those easier questions usually appear, by mutual agreement. Leaving for the real contract, those more complex issues that require more negotiation.
