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inna [77]
3 years ago
10

Which of the following statements, if any, represent a principal’s duty to an agent who works on a commission basis?

Business
1 answer:
saul85 [17]3 years ago
4 0

Answer:

a) The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement.

Explanation:

The relationship between agent and principle is agreement based and differs from other agent-principle relationships.

Commission will be paid to agent as per their agreement.

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In a swot analysis, increasing gasoline prices would represent a potential __________ for manufacturers of electric cars.
tekilochka [14]
<span>I'm 100% sure that the answer is: In a swot analysis, increasing gasoline prices would represent a potential correct opportunity for manufacturers of electric cars. It's pretty much cheaper to have the electric car and there're a lot of benefits for ecology. Also these cars are cheaper to manufacture due to less quantity of moving parts.</span>
6 0
2 years ago
Cole Co. began constructing a building for its own use in January 2016. During 2016, Cole incurred interest of $50,000 on specif
Stella [2.4K]

Answer:

$40,000

Explanation:

The accounting procedure involved in the above is that one picks the lower between the actual interest incurred and the interest computed on the weighted average amount of accumulated expenditures for PPE.

The actual interest incurred on specific construction debt and other borrowings

= $50,000 + $20,000

= $70,000

Since the interest computed on the weighted average amount of accumulated expenditure for the building is $40,000 , the lower between the actual interest incurred and interest on weighted average amount of accumulated expenditure is $40,000, hence will be the capitalized amount.

4 0
2 years ago
Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $420,000; Allowance for Doub
Fiesta28 [93]

Answer and Explanation:

The computation is shown below:

a. Amount of adjusting entry for uncollectible accounts

= Estimated balance of Allowance for Doubtful Accounts + debit balance

= $16,400 + $4,000

= $20,400

b. Adjusted balances

For account receivable

= account receivable

= $420,000

For allowance for doubtful debts

= Estimated amount

= $16,400

For bad debts

= AMount of adjusting entry

= $20,400

c. Net realizable value

= Account receivable balance - estimated balance of Allowance for Doubtful Accounts

= $420,000 - $16,400

= $403,600

8 0
3 years ago
A two digit number is such that, the sum of its digit is 13. When the digits are interchanged, the original number is increased
LekaFEV [45]

Answer is 67.

As, 6+ 7

= 13

Also, when 67 is interchanged(76), the original no. is increased by 9.

7 0
2 years ago
An example of a free rider is a. someone who benefits from clean air without paying for it. b. someone who adds value to a netwo
Anna71 [15]

is a person who benefits from something without expending effort or paying for it.

3 0
2 years ago
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