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Ann [662]
4 years ago
12

Roscoe signs a written agreement with Philip, giving Philip the right to cast Roscoe's votes for a certain group of people nomin

ated by the Stillbar Corporation board of directors. The agreement between Roscoe and Philip is known as a .
Business
1 answer:
WINSTONCH [101]4 years ago
8 0

Answer: Proxy

Explanation:

 The proxy agreement is one of the type of legal or the authorized act which is done of the behalf of another person. By using this type of agreement we can easily done various types of legal formalities in the business management firm.

The proxy agreement should in the written format and specifically signed by the other member or party in the management. The proxy agreement is valid 10 months starting from the the date of issue.

According to the given question, the agreement between the Philip and the Roscoe is basically know  as the proxy agreement in the corporation.

Therefore, Proxy is the correct answer.

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Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 300 units in J
ZanzabumX [31]

Answer:

Direct material purchase budget for July and August= <u> $10634</u>

Explanation:

T<em>he material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.</em>

<em>Material purchase budget= Material usage budget + closing inventory - opening inventory</em>

Material budget=

                                               Unit

July  =           300×12       = 3600

August  =       360  ×   12 = <u>4320 </u>                

                                             7920

Closing inventory                 <u>260</u>

                                              8180

cost per unit                        <u>    × $1.30</u>

                                          <u> $10634</u>

Direct material purchase budget for July and August= <u> </u><u>$10634</u>

4 0
4 years ago
Swifty Corporation financed the purchase of a machine by making payments of $20500 at the end of each of five years. The appropr
NikAS [45]

Answer:

Cost of machine = $73,897.99

Explanation:

The cost of machine to Swifty Corporation the present value pf the ordinary annuity payment of $20,500 per year discounted at the interest rate of 12%.

Note that the annuity is an ordinary annuity because annual  payment  is made at the end of the year.

Present value of ordinary annuity= annuity factor× annual payment

Present value of ordinary annuity = 20,500× 3.60478= $73,897.99

Cost of machine = $73,897.99

7 0
3 years ago
When Pat was talking with his customer about the new accounting system, his customer mentioned that she thought the new system w
amid [387]

Answer:

overcoming reservations

Explanation:

From the question we are informed about Pat who was talking with his customer about the new accounting system, his customer mentioned that she thought the new system was not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. The part of the sales presentation demonstrated in this case is an example of overcoming reservations.

Sales presentation can be regarded as sales pitch and it's a selling technique which can be explained as line of talk which is an attempts of persuading someone or something, using a planned sales presentation strategy of particular product/service which is been designed to initiate as well as close a sale of that particular product or service, example of this is overcoming reservations which is a method of persuading customers.

8 0
3 years ago
A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty
Otrada [13]
I think the answer for your question you have to divide then you get 6,000
7 0
3 years ago
When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
OverLord2011 [107]

Answer:

The correct answer is b. a unilateral contract

Explanation:

In a unilateral contract, only one of the parties generates the obligation to provide a service. In this case KFC forces itself to offer a discount as a result of printing a document to find out people's opinion about the main favorite of the Yahoo tournament. With this, KFC seeks to encourage people to submit their votes and to know the individual appreciations of the particular event.

5 0
4 years ago
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