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quester [9]
3 years ago
8

Your 15-year-old brother comes home with the great news that he has decided to buy his first car and has just agreed to give $10

,000 to a complete stranger. he signed the contract and just needs to pay the stranger and pick up the car. your dad is upset and calls the stranger to tell him your brother will not be buying the car. the stranger can:
Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

In this case the stranger should disregard the contract.

The key piece of information in this question is that the purchaser is only fifteen years old. In order to enter into a contract both parties must be 18 years old. Since the signer in this case is not 18 the contract is not valid.

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Last year Rennie Industries had sales of $395,000, assets of $175,000 (which equals total invested capital), a profit margin of
maxonik [38]

Answer: 5.9%

Explanation:

Before:

Equity is calculated as:

= Total Assets / Equity Multiplier

= $ 175,000 / 1.2

= $ 145,833

Therefore, ROE will be:

= (Turnover × Profit Margin) / Equity

= ($ 395,000 × 5.3%) / $ 145,833

= $ 20935 / $145,833

= 0.1436

= 14.36%

After:

New Total Assets will be:

= $ 175,000 - $ 51,000

= $ 124,000

Equity

= Total Assets / Equity Multiplier

= $ 124,000 / 1.2

= $ 103,333

ROE will then be:

= (Turnover × Profit Margin) / Equity

= ($ 395,000 × 5.3%) / $ 103,333

= $ 20935 / $ 103,333

= 0.2026

= 20.26%

Therefore, the change in ROE will be:

= 20.26% - 14.36%

= 5.9%

= 4.035%

7 0
3 years ago
What techniques overcome resistance and help build credibility? check all that apply. listing names of satisfied users using a c
Virty [35]

Answer: The correct answers are listing the names of satisfied users and including performance tests, polls or awards.

Explanation: One techniques that helps to overcome resistance and build credibility is listing the names of satisfied users. Offering personal references for a product is an effective way to build credibility and overcome resistance. Another way to do this is by including performance tests, polls or awards. These types of items give your product credibility to people because they are seeing feedback from current users.

6 0
3 years ago
Melanie Gollick, nursing floor manager for Scripps Memorial Hospital La Jolla, says, "It’s the personality and being able to mes
ipn [44]

Answer:

The correct answer is b) Be able to use his or her skills.

Explanation:

Melanie Gollick believes that employees must be able to develop and use their skills to perform work in the hospital. But the use of these skills will depend on the personality of each person and the way they adapt to carry out group work.

Skills refer to a set of skills that each person presents, this ability may be different for each person, for example, a person who works in the health area in a hospital needs to be among their skills, work under pressure, follow instructions, empathy, adaptation, group work, among others.

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<em>I hope this information can help you.</em>

5 0
3 years ago
AC Corporation has beginning inventory of $9,049, accounts payable of $7,212, and accounts receivable of $6,333. The end of year
labwork [276]

Answer:

The AC Corporation takes 46 Days average to pay back its accounts payable.

Explanation:

Average Accounts Payable = $7863.5

Cost of Goods Sold = $63,008

Number of Days in Accounting Period = 365

Days Payable Outstanding = (Average Accounts Payable / Cost of Goods Sold) x Number of Days in Accounting Period

Days Payable Outstanding = ($7,863.5 / $63,008) x 365

Days Payable Outstanding = 45.55

Therefor, the company takes an average of 46 days to pay back its accounts payable.

3 0
3 years ago
Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil
myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

1)

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

2)

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0
3 years ago
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