Answer:
The statement is: True.
Explanation:
In making business relationships, an agent acts as a third party that is legally authorized to establish businesses for one of the entities involved. The entity that uses the agent as an intermediary is called the principal. The agent must follow the principal's instructions avoiding to be biased by self-interest.
Answer: Four times.
Explanation:
Based on the information given, the government expenditure multiplier in this case goes thus:
K = ∆Y/∆G = 1/1-MPC = 1/MPS
For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20
For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5
Therefore, 20/5 = 4.
Therefore, the answer is four times.
Answer:
Plagiarism
Explanation:
Plagiarism is an illegal act of presenting another author's intellectual work or copyrighted items by using their ideas, thoughts, language or expressions, word for word.
The first issue you will need to address as you redesign the corporate blog is to ensure that you are avoiding copyright violations and plagiarism in order to avoid having many direct paragraphs from competitor websites and product manufacturing magazines.
Answer:
The fixed costs per unit when 20,000 units are produced are $6.05 per unit.
Explanation:
Fixed costs per unit can be determined by using the following formula:
Fixed costs per unit = Total fixed costs/ number of units are produced
In a company, Total fixed costs do not depend on the level of activity (Fixed costs do not change).
In the company, Total fixed cost = $11 x 11,000 = $121,000
When 20,000 units are produced, Fixed costs per unit = $121,000/20,000 = $6.05 per unit.
Answer:
Oct 1
Dr Supplies $620
Cr Accounts Payable $620
Oct 6
Dr Cash $350
Cr Fees Earned $350
Octd 7
Dr Equipment $2500
Cr Cash$900
Cr Accounts Payable $1400
Oct 9
Dr Accounts Payable $620
Cr Cash $620
Explanation:
Preparation of the journal entries
Oct 1
Dr Supplies $620
Cr Accounts Payable $620
Oct 6
Dr Cash $350
Cr Fees Earned $350
Octd 7
Dr Equipment $2500
Cr Cash$900
Cr Accounts Payable $1400
($2,500-$900)
Oct 9
Dr Accounts Payable $620
Cr Cash $620