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stira [4]
3 years ago
14

Charlena gives Megan the post of Vice-President of Procurement to express appreciation for Megan's hard work in stocking the she

lves at Charlena's store, Thrift City. Megan uses her business card with the title on it to purchase a new truck in Thrift City's name from Highway Auto. What authority, if any, has Charlena given Megan?
Business
2 answers:
Aliun [14]3 years ago
8 0

Answer:

Apparent Authority

Explanation:

Based on the information provided within the question it seems that the authority that Charlene has given Megan is Apparent Authority. This term refers to a subtle authority given to an individual which a reasonable third party would understand that they are an agent acting on behalf of their employer. Such an example would be an employee driving a UPS truck, any reasonable person would see the UPS truck as a sign that the individual driving has authority to act on behalf of the UPS company. The UPS truck is similar to the business card that Megan has, giving her apparent authority to act on behalf of Thrift City.

motikmotik3 years ago
7 0

Answer:

termed "apparent authority"

Explanation:

The three kinds of authority recognized in the law are:

1. actual authority (whether express or implied),

2. apparent authority, and

3. ratified authority.

However in this scenario Charlena gives or confers authority to Megan which represents a situation where a reasonable third party would understand that an agent had authority to act from the principal.

The principal here represents Charlena,

the agent is Megan,

and the third party is 'Highway Auto'

This means a principal is bound by the agent's actions (since Megan is authorised to use her business card to purchase in Thrift City's name).

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Use the information for Geiberger Corporation from BE21.12, except assume the collectibility of the rentals is not probable. Pre
Vikentia [17]

Answer:

Date                Account title                                      Debit                Credit

12/31/2019      Lease Receivable                           $175,934

                      Cost of Goods sold                         $120,000

                      Sales Revenue                                                        $175,934

                      Inventory                                                                  $120,000

Date                Account title                                      Debit                Credit

12/31/2019      Cash                                                 $40,800

                       Deposit Liability                                                        $40,800

The rental amount is constant and is made on the first day of the lease period so this is an annuity due.

As the collectability is probable, you need to find the present value of this lease:

= 40,800 * Present value of annuity due factor, 5 year, 8%

= 40,800 * 4.3121

= $175,933.68

= $175,934

7 0
3 years ago
Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service
Dvinal [7]

Answer:

Based on selecting a sample of 300 computers The probability questions are follows

1. . What is the probability that no computer needs service within the warranty period?

2 . What is the probability that more than half of the computers that are sampled will need warranty period?

3. What is the expected number of computers fail before the warranty period?

7 0
3 years ago
Casey Motors recently reported net income of $148 million. The firm's tax rate was 40.0% and interest expense was $46 million. T
HACTEHA [7]

Answer:

$61,640,000

Explanation:

Earning before tax:

= Net income ÷ 60%

= $148,000,000 ÷ 60%

= $246,666,667

EBIT:

= Earning before tax + Interest expense

= $246,666,667 + $46,000,000

= $292,666,667

EVA:

= EBIT(1 - t) - (Capital employed × cost of capital)

= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)

= $175,600,000 - 113,960,000

= $61,640,000

3 0
3 years ago
Four perspectives are integrated to form the balanced scorecard framework. the financial perspective focuses on the view of the
Andreas93 [3]

Four perspectives are integrated to form the balanced scorecard framework. the financial perspective focuses on the view of the firm by the customer.

The four perspectives of the Balanced Scorecard are Learning and Growth, Business Process, Customer Perspective, and Financial. These four areas, also called legs, form the company's vision and strategy.

A strategy-based performance management system that typically identifies goals and actions from four different perspectives: financial perspective, customer perspective, process perspective, and learning and financial perspective.

The Balanced Scorecard helps you strategically manage your organization. The Balanced Scorecard is based on four perspectives including financial, business process, customer, and organizational capabilities. This allows companies to discover their shortcomings and develop strategies to overcome them.

Learn more about financial perspective at

brainly.com/question/14901320

#SPJ4

5 0
2 years ago
"three workers complete a full 8-hour day finishing concrete for a terrace. all three workers are paid $12 an hour and the job b
kati45 [8]
Direct labor cost is wages that are incurred in order to produce specific goods or provide specific services to customers. The total amount of direct labor cost is much more than wages paid.
Given that 3 workers, working 8 hours in a day are paid $12. The total amount paid to workers are:
12x8x3=$288
The cost of direct labor will therefore be:
450-288
=$192
8 0
4 years ago
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