An individual who has been appointed by another person to act on their behalf and in their best interest is known as an agent.
In legal terminology, an agent is a person who has been empowered legally to act on the behalf of another person. An agent may be employed to represent a client in dealings and negotiations with third parties. Depending on the situation, the agent may be granted decision-making authority.
The agent is given the authority to take necessary action on someone else's behalf. People usually hire agents to conduct matters that they lack expertise or time to do for themselves.
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Answer:
c) The current ratio
Explanation:
The current ratio is an example of a liquidity ratio.
Liquidity ratios measure a company's ability to meet its short term obligations.
Current ratio = curernt assets / current liabilities
Return on assets is a profitability ratio. It measures return on investment
The other ratios are coverage ratios. They measure the ability of the firm to covert its debts payments
Answer: Option A
Explanation: In simple words post decision resonance refers to the feeling of regret that one gets after making decision that the choice they made was not correct.
This theory suggests that the level of regret that one feels depends on two factors, the net desirability between the option chooses and option not chooses, the importance of the decision made in the Decision makers life.
In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.
Answer: a. $1,500
Explanation:
Working capital is calculated by deducting current liabilities from current assets. It is meant to show the operating liquidity of a company within a period.
Working capital = Current assets - Current liabilities
= 5,000 - 3,500
= $1,500
Answer:
Answer d
Explanation:
Mergers and acquisitions from legal point of view differ in a way that acquisition happens when entity takes ownership of another entity's stock, equity interest or assets, while merger is a consolidation of two entities into one. Except for answer d, all other examples are purchases of another company's stocks or assets. Acquisition therefore means takeover of a company by another company, while a merger usually means consolidation of two companies into one based on mutual agreement and with one management
