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IrinaVladis [17]
3 years ago
7

Beck was the general manager of Chilkoot Lumber Co. Haines sold fuel to the company. To persuade Haines to sell on credit, Beck

signed a paper by which he promised to pay any debt the lumber company owed Haines. He signed this paper with his name followed by "general manager." Haines later sued Beck on this promise, and Beck raised the defense that the addition of "general manager" showed that Beck, who was signing on behalf of Chilkoot, was not personally liable and did not intend to be bound by the paper. Was Beck liable on the paper?
Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

No

Explanation:

Beck was the general manager of company. By signing the company's document, actually company is liable to pay that amount not individual. The claim that Haines make is incorrect as any liability is supposed to be beared by company. The claim that Beck made is correct. because he wrote general manager which means he is an employee of that company. So, liability falls on company rather than individual.

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You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled
Ivan

Answer: Cycle Billing

Explanation:

Cycle billing refers to a billing practice where the individual customer is billed on a certain schedule based on the day you started paying or the day the contract kicked in. For instance, your cellular network provider billing you on the same day every month.

This ensures that not all customers are billed on the same day which will reduce the workload at the practice which already has a busy schedule. Rather with customers being billed on different days, the workload decreases.

Also it will then be known for certain which dates one can expect payments as well as when statements will be handled.

7 0
3 years ago
If the monthly sales volume required to break even is $190,000 and monthly fixed costs are $55,900, the contribution margin rati
Vladimir79 [104]

Answer:

a. 29%

Explanation:

Given that

Contribution margin = $55,900

Sales = $190,000

The computation of contribution margin ratio is shown below:-

Contribution margin ratio = Contribution margin ÷ Sales

= $55,900 ÷ $190,000

= 29%    

Therefore for computing the contribution margin ratio we simply divide sales by contribution margin ratio.

6 0
3 years ago
br company has a contribution margin of 12%. sales are $629,000, net operating income is $75,480, and average operating assets a
iragen [17]

The correct option to the given question is option 2) 12.0%

Br company's return on investment is 12.0%

The creation of novel ROIs known as "social return on investment," or SROI, has caught the attention of certain investors and companies. SROI was first created in the late 1990s and considers wider effects of projects utilizing extra-financial value (i.e., social and environmental metrics not currently reflected in conventional financial accounts).

SROI aids in comprehending the benefits of specific environmental, social, and governance (ESG) standards utilized in socially responsible investment (SRI) activities.

For instance, a business might opt to switch to all LED lighting and recycle water in its manufacturing. However, the net benefit to society and the environment could result in a positive SROI. These initiatives have an immediate cost that may have a negative impact on traditional return on investment.

Question

br company has a contribution margin of 12%. sales are $629,000, net operating income is $75,480, and average operating assets are $142,000. what is the company's return on investment (roi)?

Options:

  1. 4.4%
  2. 12.0%
  3. 53.2%
  4. 0.2%

To learn more about return on investment click here

brainly.com/question/13166641

#SPJ4

3 0
1 year ago
Which one of the following would probably benefit the most from personal financial planning services?
BartSMP [9]
The answer is B)<span> Older persons nearing retirement and needing to know what their income will most likely be during retirement

Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.

However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.

It is these kinds of people who can get maximum benefit from proper financial planning.
</span>
4 0
3 years ago
Read 2 more answers
PLEASE HELP ME!!!<br> How are mental, physical, and financial health related? Three sentences
cricket20 [7]

Answer:

They are related because all of the heaths are commonly linked to anxiety and depression. So when a person is financially struggling they can have anxiety which affects their mental health which affects there want to be physical which makes their physical health bad. So all of these are linked together so if one is bad then the others are sure to become bad too.

4 0
3 years ago
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