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jenyasd209 [6]
3 years ago
14

Morris owns a bicycle store. he often leaves daniel in charge of the store. one saturday evening, after daniel leaves the store,

morris discovers that he is missing $900 from the register. if daniel took the cash, he could be found guilty of the crime of:
Business
2 answers:
Nikitich [7]3 years ago
6 0

Answer:

The answer is embezzlement. That is when someone steals an asset of somebody else.

Explanation:

White raven [17]3 years ago
3 0
If Daniel took the cash, he could be found guilty of the crime of embezzlement. Embezzlement is a specific type of theft. It is when someone was entrusted with someone else's property (like an employer) and they steal some/all for their personal benefit.

Hope this helps! :)
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Assume the following information. You have $1,000,000 to invest. Current spot rate of pound = $1.30 90-day forward rate of pound
Softa [21]

Answer:

$ 1,024,000

Explanation:

Spot Rate : 1 Pound = $ 1.30

3 Months Forward Rate = $ 1.28

3 Months Deposit rate in US = 2.25%

3 Months Deposit rate in Great Britain = 4%

Total Amount of Investment = $ 1,000,000.

Step 1:

Convert $ 1,000,000 into Pounds using Spot rate (i.e., 1 Pound = $ 1.30).

We will get,

= $1000,000 ÷ 1.30

= 769230.76923 Pounds.

Step 2:

Invest 769230.76923 Pounds in great Britain for 3 months at an interest rate of 4%.

Therefore, we have an interest of 30769.23076 Pounds.

Hence, the total realizable value after 3 months:

=  769230.76923 + 30769.23076

= 800,000 Pounds  

Step 3:

Convert 800,000 Pounds into Dollars using Forward rate (i.e., 1 Pound = $ 1.28).

Therefore, the total amount in Dollars:

= 800,000 Pounds × $ 1.28

= $ 1,024,000

4 0
3 years ago
Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called
Phantasy [73]

Answer:

Investment assets.

Explanation:

Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.

3 0
3 years ago
In today's business environment, companies have to find ways to remain profitable by coping with increased competition and rapid
tigry1 [53]

Answer: broad span of control

Explanation: Reorganizing and eliminating layers of management in order to remain profitable often results in a broad span of control. When layers of management are eliminated, organizations tend to get flatter (a flat organization consists of fewer layers of management), spans of control (which are the areas of activity and number of functions, these managers are responsible for) get wider, and the remaining managers usually empower employees to make more decisions due to wider spans of control.

3 0
3 years ago
A firm charges $25 for a product. If the markup is 25 percent, then the fully allocated average cost of the product is?
Evgen [1.6K]

A firm charges $25 for a product. If the markup is 25 percent, then the fully allocated average cost of the product is $20.

The term "markup" describes the discrepancy between an item's cost and its selling price. In other words, the vendor makes money by charging a premium over the overall cost of the commodity or service.

A business should realise the importance of markup. For instance, developing a sound pricing strategy is one of the most crucial resources a successful company can have. A product or service's markup needs to be high enough to cover all costs and turn a profit.

                     Retail price = $25

                           Markup =25% =0.25

                     Retail price = Average cost of product * (1+Markup)

                                   25 = Average cost of product *1.25

Average cost of product =25/1.25

Average cost of product = $20

Learn more about costs here brainly.com/question/14945040

#SPJ4

5 0
2 years ago
Terry is sending a letter to one of his most important clients about upcoming investment opportunities. He wants to make sure th
Anastasy [175]

The correct answer is choice c - complete.

Terry is writing a letter to one of his important clients, being sure to include all of the information that the client will need in order to make their investment decision. This is demonstrating the profession characteristic of being complete.

4 0
3 years ago
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