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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.

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Holding everything else constant, a decrease in the price of bicycles will result in a. a decrease in the quantity of bicycles d
vladimir2022 [97]

Answer:

d. an increase in the quantity of bicycles demanded.

Explanation:

For this question, the law of demand applies.  

According to the law of demand, when the price of the good increases the quantity demanded of that good would be decreased keeping other things constant and when the price of the good decreases the quantity demanded of that good would be increased keeping other things constant.

It reflects the inverse relationship between the price and the quantity demanded of the good.

4 0
2 years ago
Which of the following prevents soil degradation?
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Answer:

1 crop rotation maintains soil fertility because crops use up different nutrients

8 0
2 years ago
Which of the following is not part of a swot analysis
exis [7]
Swot stands for
strengths 
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6 0
3 years ago
Read 2 more answers
The condensed income statement for the Consumer Products Division of Fargo Industries Inc. is as follows (assuming no service de
hichkok12 [17]

Explanation:

The computation is shown below:

For return on investment

Return on investment = Income from operations ÷ invested assets

= $13,200,000 ÷ $55,000,000

= 0.24 or 24%

For Investment turnover

Investment turnover = Sales ÷ Invested assets

= $82,500,000 ÷ $55,000,000

= 1.5

For Profit margin

Profit Margin =  Income from operations ÷ Sales

= $13,200,000 ÷ $82,500,000

= 0.16 or 16%

The return on investment

= Profit margin × investment turnover

= 16% × 1.5

= 24%

4 0
3 years ago
This year Truckit reported taxable income of $160,000 and received $20,000 of municipal interest. Truckit paid $55,000 in entert
Lynna [10]

Answer: $76,400

Explanation:

GIVEN THE FOLLOWING :

TAXABLE INCOME = $160,000

MUNICIPAL INTEREST = $20,000

ENTERTAINMENT EXPENSE = $55,000

FUN.

CURRENT E&P = (taxable income + interest) - (expenses + Tax deduction).

CURRENT E&P = $160,000 + $20000 - (55000 + 15000 + (160,000*0.21))

CURRENT E&P = 160000 + 20000 - 55000 - 15000 - 33600)

THEREFORE CURRENT E&P = $76,400

8 0
3 years ago
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