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MA_775_DIABLO [31]
3 years ago
5

Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than employmen

t law does. true or false
Business
1 answer:
meriva3 years ago
3 0
<span>True. Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than employment law does. 

An agency relationship is made up of a relationship between a principle and and an agent. In this relationship, the principle gives the agent </span>authority to act on their behalf when dealing with a third party. This is a legal agreement between the two. 
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The purpose of the accrual basis of accounting is to:
ololo11 [35]
The accounting method under which revenues<span> are recognized on the income statement when they are earned.</span>
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2 years ago
A firm has 4,250 shares of stock outstanding with a market value of $16.65 a share, $64,800 of long-term debt with an interest r
liraira [26]

Answer: 1.50

Explanation:

Baeed on the information given in the question, the enterprise value multiple would be calculated as:

= [(4,250 × 16.65) + 64,800 - 5,200] / (213,000 - 126,200)

= 130,362.5 / 86,800

= 1.50 times

6 0
2 years ago
Is there anyone who's good in economics that can help me with my questions and can provide me the CORRECT answers, please?
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3 years ago
Read 2 more answers
An investor deposits 50 in an investment account on January 1. The following summarizes the activity in the account during the y
ANTONII [103]

Answer:

236.25

Explanation:

Calculation to determine X

First step is to calculate the 6 months Yield

6 month Yield=(40/40+20) (80/40+20) (157.60/80+80)+1)

6 month Yield=(40/60) (80/60) (157.60/160)-1

6 month Yield=5%

Second step is to calculate the Annual equivalent

Annual equivalent=(1.05)^2-1

Annual equivalent=10.25%

Third step is to calculate the 1 year yield

1 year yield=(40/50) (80/40+20) (175/80+80) (x/175+75)

1 year yield=(40/50) (80/60) (175/160) (x/250)-1

1 year yield=0.1025

Now Let calculate X

x(0.004667)=1+.1025

x(0.004667)=1.1025

x=1.1025/0.004667

x=236.25

Therefore X is 236.25

7 0
2 years ago
Michael Co. is a corporation that sells breakfast bars. Based on the accounts listed below, what are Michael's total trade recei
Thepotemich [5.8K]

Answer:

B. $42,000

Explanation:

Trade receivables refers total amounts that customers of a company are owing the company for goods or services sold to them.

For Michael Co., this can be calculated as follows:

Michael's total trade receivables = 3-month note due from Michael's main customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

Therefore, we have:

Michael's total trade receivables = $12,000 + $19,000 + 11,000 = $42,000.

Therefore, Michael's total trade receivables is $42,000.

7 0
2 years ago
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