Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.
Answer:
Depreciation
non-cash charges
interest on loan
taxes
Explanation:
This is according standard proforma for preparing cash flow statement,interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations
When making an attribution, Dan considers how this roommate has behaved in similar situations in the past. Dan is using consistency information.
Information consistency refers to the same thing, being consistent, that even though something may be slightly different the outcome remains the same. In this case, Dan is assuming his roommate will make the same behavior choices as he has previously.
Answer:
C) $10,000, $1,000, and $9,000, respectively.
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
Explanation:
the money deposited by the client = $10,000
bank's reserve ratio is 10% = $10,000 x 10% = $1,000
since the bank kept the whole $10,000 as reserves, then:
- actual reserves increase by $10,000
- required reserves increase by $1,000
- excess reserves increase by $9,000
The bank is only required to keep $1,000 in reserves, this means it can borrow the remaining $9,000 whenever they want.
Answer:
you're receiving too small of a gain
Explanation:
Based on the information provided within the question it can be said that offering a price so low that buyers immediately accept it might mean you're receiving too small of a gain. That is because if a buyer is immediately accepting it, then it can be because they realize that it is a great deal and that they will most likely not find a better price anywhere else and immediately decide to buy it from you. Therefore you can be selling it for an increased profit margin by increasing the price.