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3 years ago

What would power of attorney be needed ?

2 answers:

6 0

A power of attorney (POA) is a legal document in which the principal (you) designates another person (called the agent or attorney-in-fact) to act on your behalf to make decisions in specified matters or in all matters. It can also refer to the individual designated to act in this way.

polet [3.4K]3 years ago

5 0

Answer:

When would power of attorney be needed?

when someone dies unexpectedly

B. 

when a person is unable to manage their affairs 

when someone dies but there is no will and the estate must be managed

when a living will is not in place and beneficiaries must be named

Explanation:

#platofam

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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

notsponge [240]

Answer:

$50,094.8

Explanation:

Flexible Budget are budget prepared by taking the actual activity level achieved at standard cost/price. WHILE

q is taken as the actual level of activity which is 240 diving hours.

Puget Sound Divers

Flexible Budget For the Month Ended May 31

Revenue ($440.00 ×240) $105,600

Expenses:

Wages and salaries ($11,800 + $128.00×240) $42,520

Supplies ($3.00 ×240) $720

Equipment rental ($2,100 + $22.00 ×240) $7,380

Insurance ($4,000) $4,000

Miscellaneous ($530 + $1.48×240) $885.2

Total expense $55,505.2

Net operating income ($105,600- $55,505.2) $ 50,094.8

Net operating income =Revenue - Total expenses

3 0

3 years ago

Read 2 more answers

Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs ar

andrey2020 [161]

Answer:

Relevant Revenue = $576,000

Relevant Cost = $522,000

Explanation:

As per the data given in the question,

Variable cost = $29 per unit

Company received order of = 18,000 units

Cost of each product = $32

Only Relevant Revenue is the revenue from special order = Cost × units

= $32 × 18,000

= $576,000

Only Relevant Cost is the cost from special order = Variable cost × units

= $29 × 18,000

= $522,000

So,

Reject order Accept order Differential

Revenues 0 $576,000 $576,000

Cost :

Variable

manufacturing 0 $522,000 -$522,000

Income(loss) 0 $54000 $54000

8 0

3 years ago

Manufacturing overhead includes: Multiple Choice all direct material, direct labor and administrative costs. all manufacturing c

Serhud [2]

Answer:

all manufacturing costs except direct labor and direct materials

Explanation:

Manufacturing or production/Factory costs are usually classified as direct or indirect.

Direct cost are those costs incurred that are directly linked to production.

This includes direct labour, direct material, etc.

Manufacturing overheads or indirect costs are costs incurred in the production process that may not be linked directly to the production of goods and services.

4 0

3 years ago

1.Based on the above article, if you were an entrepreneur, which sector would fit you the most? Justify your answer by conductin

Harrizon [31]

Answer:

Incomplete question. However, I inferred you want to know more about the Five forces Model created by Michael E. Porter and about the conducting entrepreneurial feasibility study.

Explanation:

Note that the main focus of Poter's model is to help someone analysing a market know how much competition will exist in and the chances of realizing a profit. The five forces to be analyzed are:

The threat of substitutes,
the threat of new entrants,
competitive rivalry
bargaining power of buyers and
bargaining power of customers.

Thus, conducting an entrepreneurial feasibility study would involve a careful cross-examination of the factors mentioned above.

3 0

3 years ago

Aquilera, Inc., has sales of $19.6 million, total assets of $14.6 million, and total debt of $5.4 million. The profit margin is

Gnom [1K]

Answer:

a. $1,764,000.00

b. 12.08%

c. 19.17%

Explanation:

a. What is the company's net income?

Profit margin = Net income ÷ Sales

Therefore, we have:

9% = Net income ÷ $19,600,000

Net income = $19,600,000 × 9% = $1,764,000.00

Therefore, the net income of Aquilera, Inc. is $1,764,000.00

b. What is the company's Return on Assets (ROA)?

ROA = Net income ÷ Total Assets

ROA = $1,764,000 ÷ $14,600,000 = 0.120821917808219 = 12.08%

Therefore, the ROA of Aquilera, Inc. is 12.08%

c. What is the company's Return on Equity (ROE)?

Total Assets = Total Debt + Total Equity

Therefore,

Total Equity = Total Assets - Total Debt

Total Equity = $14,600,000 - $5,400,000 = $9,200,000

ROE = Net income ÷ Total Equity

ROE = $1,764,000 ÷ $9,200,000 = 0.191739130434783 = 19.17%

Therefore, the ROE of Aquilera, Inc. is 19.17%

5 0

4 years ago