I think the correct answer would be politicians trading favors that do not benefit the mass populace of voters. Rent seeking is a practice that involves the use of public policy in order to get benefit from it like increasing their benefits in the expense of other. This oftentimes done by a number of politicians.
Answer: D) As stated in our contract,we are liable to pay compensation only when our personnel repair the equipment
Explanation:
Based on the information given in the question, the best way to phrase the refusal of Marie's claim for adjustment is that "As stated in our contract, we are liable to pay compensation only when our personnel repair the equipment".
Since a service executive in the company discovers that the mower was dismantled by someone, then Marie's claim for adjustment can be refused since it wasn't dismantled by someone from the company.
Answer:
c. funds contributed by shareholder purchasers of a bank's stock plus the accumulated retained earnings.
Answer:
Explanation: Dr Cr
1)
Allowance for doubtful account
3%*3610000 108300
Bad debt expense 108300
2)Allowance for doubtful account
2%*(1285070+3610000) 146,852.10
Bad debt expense 146,852.10
3)Allowance for doubtful account
1093830*6% 65,629.80
Bad debt expense 65,629.80
Answer:
1) 18.4%
2) 27.20%
Explanation:
Solution
To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,
T-bill rate + risk premium = 6.4% + 12% = 18.4%
Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%
