Answer:
The false statement is letter "C": A stock buyback refers to the purchase of the firm's shares of stock by the firm's debt holders.
Explanation:
A stock buyback refers to <em>publicly traded companies buying back their shares from shareholders</em> -not debt holders as in option "C". This reduces the number of outstanding shares in the market and typically in simple market dynamics raises the stock price. Companies fund their buybacks with excess cash. since they do not find any other better destination for that money.
Answer:
$357 Unfavorable
Explanation:
Fixed manufacturing overhead volume variance identifies the amount by which actual production differs from budgeted production.
<em>Fixed manufacturing overhead volume variance = Actual Output at Budgeted rate - Budgeted Fixed Overheads</em>
= (5,230 × $5.10) - ($5.10 × 5,300)
= $26,673 - $27,030
= $357 Unfavorable
Answer:
$4
$1
$3
False
Explanation:
Tax on a case of beer = amount consumers pay after the tax has been levied - amount producers receive = $7 - $3 = $4
Burden of tax on consumers = amount consumers pay after the tax has been levied - amount consumers pay before tax was levied = $7 - $6 = $1
Burden of tax on producers = Tax charged - Burden of tax on consumers = $4 - $1 = $3
Answer:
A special agent
Explanation:
An agent is a person who acts in the name of and on behalf of another, who has been given the degree of authority to do so.
A special agent is an agent that is authorized to carry out a specifically designated instance or in a specifically designated set of transactions or function. Any act out side the specific task or function authorized by the principal is not binding on the principal.
For example the major duty of a real estate broker is to find a buyer for the principal’s property.
Hence the best answer to the question is real estate brokers act in the capacity of a Special agent
<span>Brenda is not correct because the total value of her assets could be less than the liabilities.
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