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spin [16.1K]
3 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:
monitta3 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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The Odessa Supply Company is considering obtaining a loan from a sales finance company secured by inventories under a field ware
dimulka [17.4K]

Answer:

a) 15.33%

b) 16.4%

Explanation:

Data provided in the question:

Annual interest rate = 10 percent

Additional cost of maintaining a field warehouse = $16,000 per year.

Now,

Annual financing cost

= [ ( Interest cost + Additional cost ) ÷ Usable funds ] × 100%

For a) Amount borrowed = $300,000

Annual financing cost

= [ ( 10% of $300,000 + $16,000 ) ÷ $300,000 ] × 100%

= 15.33%

For b) Amount borrowed = $250,000

Annual financing cost

= [ ( 10% of $250,000 + $16,000 ) ÷ $250,000] × 100%

= 16.4%

4 0
4 years ago
Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the mon
Artist 52 [7]

Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

7 0
3 years ago
Maturity Risk Premium The real risk-free rate is 3%, and inflation is expected to be 2% for the next 2 years. A 2-year Treasury
Whitepunk [10]

Answer:

The maturity risk premium is 1.0%.

Explanation:

The maturity risk premium or the 2-year security can be calculated as follows:

Maturity Risk Premium = Yield of the treasury note - Nominal risk free Interest rate

Nominal risk free Interest rate  = Real​ risk-free rate of interest + Expected inflation = 3% + 2% = 5%

Therefore;

Maturity Risk Premium = 6.0% - 5.0% = 1.0%

Therefore, the maturity risk premium or the 2-year security is 1.0%.

5 0
3 years ago
Read 2 more answers
Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Man
seraphim [82]

Answer:

A) $102,000

Explanation:

The computation of the amount used today for preparing the operating budget is shown below:

= Contract value × forward rate

= $100,000 × $1.02

= $102,000

For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
_____ is the degree to which a job requires completion of a whole or identifiable piece of work, such as assembling an entire br
ahrayia [7]

Answer: Task Identity

Explanation:

Task identity is referred to as or known as an overall extent that a task is done from its start point to the finish point. The overall degree to which result is visible or predicted. Task identity is known to be a critical and an important element of the job satisfaction. Task identity is referred to as a vital element of a job characteristic alongside skill variety, task significance, feedback. and autonomy.

3 0
4 years ago
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