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spin [16.1K]
2 years ago
10

Bob, a salesperson at a Carpets Galore store, tells Dita, a customer, "Buy your carpet here, and I'll install it for half of wha

t the store would charge." Dita buys the carpet, which Bob installs for half the store's price. Bob keeps the money. Bob has breached
Business
1 answer:
monitta2 years ago
3 0

Answer:

Duty of Loyalty

Explanation:

  • The duty of loyalty, described as a duty, is the duty of a person to act in the best interests of their company, which is not to waste when the individual sees corporate opportunities for their personal benefit, avoid personal interest in transactions between the company and other parties, and keep company information private. .
  • The duty of loyalty that can be seen when Bata engages himself in an interested transaction for the sale of the carpet.

You might be interested in
Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price
almond37 [142]

Answer:

The answer to this question is option C. $560

Explanation:

We can let the price of each hollow pine door = d and of each solid oak door = 2d.

Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.

With a 25% discount, each solid oak door is 0.75(80) = 60.

So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.

Hence the answer is C

6 0
3 years ago
Read 2 more answers
Bond P is a premium bond with a coupon rate of 9 percent. Bond D has a coupon rate of 5 percent and is currently selling at a di
Firdavs [7]

Answer:

a) 7% as their market price will adjsut to give the same yield as the market

b) bond P = -10.17

 bonds D  = 10.07

Explanation:

we have to calcualte the price variation of the bonds from now (10 years to maturity) to next year (9 years)

Bond P

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 90.000

time 10

rate 0.07

90 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\

PV $632.1223

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   10.00

rate  0.07

\frac{1000}{(1 + 0.07)^{10} } = PV  

PV   508.35

PV c $632.1223

PV m  $508.3493

Total $1,140.4716

then, at time = 9

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 90.000

time 9

rate 0.07

90 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\

PV $586.3709

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   9.00

rate  0.07

\frac{1000}{(1 + 0.07)^{9} } = PV  

PV   543.93

PV c $586.3709

PV m  $543.9337

Total $1,130.3046

Capital loss: 1,130.30 - 1,140.47 = -10.17

We repeat the process for bond D

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50.000

time 10

rate 0.07

50 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\

PV $351.1791

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   10.00

rate  0.07

\frac{1000}{(1 + 0.07)^{10} } = PV  

PV   508.35

PV c $351.1791

PV m  $508.3493

Total $859.5284

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50.000

time 9

rate 0.07

50 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\

PV $325.7616

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   9.00

rate  0.07

\frac{1000}{(1 + 0.07)^{9} } = PV  

PV   543.93

PV c $325.7616

PV m  $543.9337

Total $869.6954

Capital gain: 869.70 - 859.53 = 10.07

6 0
3 years ago
A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi
aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

                           JOURNAL ENTRY

                                BOOKS OF (.....)

Date          Account title         Debit   Credit

       Cash a/c                   Dr    $63,552  

                  To Bonds payable a/c    $63,552

1st-period    

             Bond Interest a/c       Dr   $7,626

         To Bonds payable a/c                  $7,626

2nd-period  

             Bond Interest a/c       Dr   $8,541

         To Bonds payable a/c                  $8,541

6 0
2 years ago
Which financial statements are required for proprietary funds?a) Statement of Net Position; Statement of Revenues, Expenses, and
Cerrena [4.2K]

Answer:

c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows

Explanation:

Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.

This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.

3 0
2 years ago
In home replication strategy, knowledge flow is multidirectional, while in transnational strategy, it is one-way.
iVinArrow [24]

In home replication strategy, knowledge flow is multi directional, while in transnational strategy, it is one-way. This statement is False.

The companies offer standardized products and exploit the parent companies knowledge through the world. Their key strategic capability basically is to transfer the home countries innovations worldwide.

An example can be taken from the German automotive industry, which uses a home replication strategy when entering new markets.

The businesses provide uniform products and make use of the parent firms' knowledge globally. Their primary strategic capability essentially consists of exporting domestic ideas to other countries.

The German auto sector, which employs a home replication strategy when entering new markets, serves as an illustration.

Hence, option B is correct.

To learn more about Strategy here

brainly.com/question/14286438

#SPJ4

5 0
2 years ago
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