Answer:
c. An agency relationship
Explanation:
An agency relationship is a mutual relationship, in which one person (i.e the principle ) gives a permission to an agent so as to act on their behalf.
In this relationship the agent must consent to the instructions of the person i.e the principle.
Here in the question, Stefanie acting as Principal who has directed the agent (which is the bank in the given case ) to execute a task.
Its between a an B but i think its A
Answer:
The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
Explanation:
1. for the company:
cont margin ration = contribution/sale
= 240000/750000
= 0.32
fixed cost = 182000
dollar sales break even = fixed cost/cont margin ratio
= 182000/0.32
= $568750
2. for the north region:
cont margin ration = contribution/sale
= 120000/600000
= 0.20
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.20
= $320000
3. for the south region:
cont margin ration = contribution/sale
= 120000/150000
= 0.80
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.80
= $80000
Therefore, The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
Answer:
Price of bond is = $ 1057
Explanation:
As we know that;
Price of bond = C * [1-(1+r)∧-n] / r + F / (1+r)∧n
where C = periodic coupon payment = 1000 * 6%= 60
F = Face value of bond = 1000
r = yield to maturity = 5% = 0.05
n = number of periods till maturity = 7 years
Putting values;
= 60 * [ 1- (1+ 0.05)∧-7 ]/ 0.05 + 1000 / (1+0.05)∧7
= 60 * (0.2893 / 0.05) + 710
= 60 * 5.786 + 710
= 347.16 +710
= 1057
Answer:C.overreliance on volume as a basis for allocating overhead costs where products differ regarding the number of units produced, lot size, or complexity ofproduction.
