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2 years ago

Which of the following statements is CORRECT?

Business

1 answer:

Ivenika [448]2 years ago

8 0

Answer:

The correct answer is E. One example of an agency relationship is the one between stockholders and managers..

Explanation:

Agency theory is a business technique by which a person or company (the principal) asks another person (the agent) to perform a certain job on their behalf. For an agency relationship to exist, the agent must be authorized by the principal to sign, modify or cancel contracts with third parties on behalf of the principal.

In a way, it is a measure of business representation with perfectly legal validity by which it is compatible to act by separating the property of the company and its control or management on multiple occasions, thanks to the fact that the agreement, despite being carried out by the agent, will have legal and real validity as if the principal had done it in the first person.For example, there are companies that for different reasons benefit more from having an external company for the transport of their goods instead of doing that task for themselves.

Another common example of this type of agency relationship is that maintained by the shareholders of a company and its managers.

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Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect

Ann [662]

god help you with this homework

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2 years ago

A performance obligation is:

ANEK [815]

Answer:

Explanation:.

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3 years ago

During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P

Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

Patriots net income for the year = $245,000 - $120,000

Patriots net income for the year = $125,000

3 0

2 years ago

onas is the only history tutor in his town. He has three potential customers. Xavier is willingto pay $70 for tutoring, Yasha is

Cerrena [4.2K]

;

Answer:

Explanation:

a. To charge the same price to each of his customers, Jonas will charge the least amount= $25 (offered by Zander)

b. Consumer surplus

I) For Xavier = $70 - $25 = $45

II) For Yasha = $50 - $25 = $25

III) For Zander = $25 - $25 = $0

c. Producer Surplus

I) For Xavier = $70 - $25 = $45

II) For Yasha = $50 - $25 = $25

III) For Zander = $25 - $25 = $0

8 0

3 years ago

The stage of the new-product development process that specifies the features of the product and the marketing strategy needed to

grandymaker [24]

Answer:

"Business Analysis".

Explanation:

According to my research, new-product development is the complete process that a company goes through in order to bring a new product to the market. Based on the detailed description given within the question, I can say that the Stage being described is called "Business Analysis". This is one of the beginning stages within the development process.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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2 years ago