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Keith_Richards [23]
4 years ago
7

Megan’s boss is out of town. While she is gone, the company receives a critical tax bill from the state that must be paid immedi

ately. Megan does not have authority to pay bills, but arranges for the company to pay the bill anyway. Which response best first the situation?
Business
1 answer:
kozerog [31]4 years ago
3 0

Answer:

Possible options are:

A) Enforceable or unenforceable with agent

B) Enforceable via factor agent

C) Enforceable via employee agent

D) Enforceable or unenforceable - no agent

Answer: C

Explanation:

Enforceable And Unenforceable Contracts. A contract may be enforceable or unenforceable. An enforceable contract is one for which a legal remedy is offered in the event that the contract is not fulfilled. A contract may be unenforceable when certain statutory requirements have not been met.

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What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities list
Ganezh [65]

Answer:

The impact on cash flow from operations in the current year based on the changes in operating assets and liabilities is:

a. -200

Explanation:

a) Data and Calculations:

                                Prior Year Current Year   Changes

Accounts receivable     1,725       1,825               $100

Inventories                    1,535       1,785              $250

Accounts payable         1,325       1,475              $150

b) Accounts receivable increased by $100, thereby reducing cash inflows. Inventories increased by $250, thereby reducing cash inflows. Accounts payable increased by $150, thereby increasing cash inflows. The net effect or impact is a reduction of $200 in the cash from operations.

5 0
3 years ago
A key determinant of the price elasticity of supply is the
alina1380 [7]

Answer:

The ability of sellers to change the amount of the good they produce.

Explanation:

Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.

The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.

8 0
3 years ago
Metro Company trades its used machine for a new model at Denver Solutions Inc.
zalisa [80]

Answer:

Cost of new machine:

= List price of new machine - Trade allowance + Fair value of old machine

= $16,000 - $9,000 + $6,000

= $13,000

Therefore, the journal entry is as follows:

Cost of new machine A/c                                Dr. $13,000

Accumulated depreciation (Book Value) A/c Dr. $4,000

Loss on exchange of machine A/c                  Dr. $2,000

         To Old Machine (Book Value)                                  $12,000

         To Cash (16,000 - 9,000)                                          $7,000

(To record the machine exchange)

4 0
4 years ago
tumutukoy sa tuwirang pagsupil sa diwang makabayan sat pagkat aaklas ng mga pilipinas laban sa mga amerikano​
mihalych1998 [28]

Answer:

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8 0
3 years ago
_____ is the set of organizational activities directed at attracting, developing, and maintaining an effective workforce. a.Orga
natulia [17]

Answer:

B. Human resource management.

Explanation:

Human resource management is the strategic way to deal with the viable management of individuals in an organization or organization such that they help their business increase a competitive advantage. It is designed to amplify representative execution in service of an employer's strategic objectives.

7 0
4 years ago
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