Answer:
may be liable for both the negligent and intentional acts.
Explanation:
In the case when an agent is within the scope of agent relationship that committed both type of acts i.e. negligent and intentional that results the injury to the third party so here the principal may be liable for both the act i.e. negligent and intentional as it is followed by the doctrine of respodeat superior
Therefore the second option is correct
Answer:
Receivables Turnover Ratio is 4
Explanation:
Computation of Average Receivables
Opening Receivables $ 40,000
Ending receivables <u>$ 60,000</u>
$ 100,000
Average receivables $ 50,000
Net Credit Sales $ 200,000
The Receivables Turnover ratio is calculated by dividing the Net Credit Sales by the Average Receivables.
Receivables Turnover Ratio = Net Credit Sales / Average Receivables
$ 200,000/ $ 50,000 = 4
Is better to pay in full the credit bill so that when you need to help in the long run you can be able to pay and halfway payments
Answer:
Nominal interest rate (i)= expected inflation rate (f) + real interest rate (r)
i= 5+r
Explanation:
The Fisher Effect is an economic theory created by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates.
The Fisher Effect states that the real interest rate equals the nominal interest rate minus the expected inflation rate.
The Fisher Effect can be seen each time you go to the bank; the interest rate an investor has on a savings account is really the nominal interest rate.
Answer:
The perpetuity is worth $1486.43 more than the ordinary annuity
Explanation:
A perpetuity that with an annual cash inflow or cash outflow payable for a foreseeable future - for an infinite number of period
The present value of a perpetual annuity is calculated as
PV= A/r
PV = 1000/0.1
PV =&10,000
On the other hand, an annuity with annual cash inflows or cash outflows for certain number of years is called an ordinary annuity.
The present value of an ordinary annuity is determined as follows:
PV = (1 - (1+r)^n)/r × A
= (1-(1+0.1)^(-20))/0.1 × 1000
= 8.5135 × 1000
= 8513.56
Difference in PV = 10,000 - 8513.56
= $1486.43
The perpetuity is worth $ 1,486.43 more than the ordinary annuity
