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3 years ago

Consider the relative liquidity of the following assets:

Business

1 answer:

Vladimir79 [104]3 years ago

5 0

Answer:

Liquidity is a measure of how easily an asset can be converted into cash.

In order of most liquid to least, the above are:

1. A $10 Bill

This is already cash so is already as liquid as it will every get.

2. The funds in a savings account.

This can simply be withdrawn from the bank which will then give the customer cash so it is very liquid.

3. A share in a publicly-traded company.

This share would have to be sold first before cash is realized. The share is to a publicly traded company however so this will not be too difficult so this asset is adequately liquid.

4. Your car.

This would need to be sold first and finding a buyer might not be too easy so it is the least liquid of the bunch.

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If an agent injures a third party during the course of employment, to what extent should the employer be held liable? Under what

postnew [5]

Answer:

The employer will be held liable.

Explanation:

If the external agent brings harm or injury to a third party in the course of an employment, the employer is held liable. When a principal directs an agent to commit for a tort or if the principal is aware of the consequences of carrying the instructions of the agent could cause harm or injure the person, then the principal is liable.

It is called direct liability.

The liability for the intentional tort which is imputed to the principal when the agent acts to further the business of the principal.

The agent is personally liable under the following circumstances :

Foreign principal
Agent signs the contract in his own name
Non-existent principal
Principal cannot be sued:
Undisclosed principal

Example :

A credit card company hires a sales person and offers a company van to make sales in that area. The sales person uses the office van to official purposes. But one night, he drove the car to a friend's party and while coming he drove over a pedestrian. In this case, the owner of the company will not be held liable as the sales person uses the company van for his personal use while going out for party with his friends. While causing the accident, the sales person was not not using the office van for official purposes and was not tendering official duties at that time.

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3 years ago

Francine is interested in starting a new financial services company where she will manage the investments of others. she wants t

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<span>Francine would be considered an entrepreneur because she is someone who initiates and assumes the financial risk of a new business enterprise.
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3 years ago

Which of the following individuals and groups are considered intermediaries in the healthcare industry?

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Answer:

C. health maintenance organizations

Explanation:

Healthcare intermediaries organizations that form links between small-scale providers to interact with governments, patients and vendors. These organizations can perform key health systems functions which are typically more challenging for individual private providers to do on their own. An individual pays the health maintenance organisation in advance for medical care that he may require in the future and the organisation provides medical care to the individual when the need arises. These organisations are able to provide this care by paying doctors affiliated to them, and other healthcare providers who deliver care to the patients

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3 years ago

Many financial institutions rely heavily on debt to fund their operations, and they are interconnected by virtue of financing ea

vazorg [7]

Answer:

Explanation:

Systemic risk occurs when there is a possibility that a company or a sector of the economy may go into crisis and negatively influence the entire economy of a country. They can happen in companies that are extremely relevant to the economy and would influence in many other sectors causing economic crisis

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3 years ago

Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay? Bill Green, a storm-door salesma

AVprozaik [17]

Answer:

Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay?

Jose Ramirez's gross pay = 38 hours x $7.25 per hour = $275.50

Bill Green, a storm-door salesman, sold $5,000 worth of doors and received a commission of $400. What was his rate of commission?

Bill Green's commission rate = $400 / $5,000 = 8%

With a base salary of $250 and a commission of 4% of all sales, compute Cindy Nelson’s salary for the following weeks:

Week Base Salary Sales Commission Total Salary

1 $250.00 $890.00 $1,140.00

2 $250.00 $1,126.00 $1,376.00

3 $250.00 $975.00 $1,225.00

4 $250.00 $824.00 $1,074.00

If I work 45 hours my salary will be

= (40 x $7.25) + (5 x $7.25 x 1.5) + ($800 x 2%) = $290 + $54.38 + $16 = $360.38

Your paycheck lists $324.25 as your gross earnings. Is that correct?

no, it should be $360.38

Arlene Grossman earns $235 per week. Her federal income tax is $36.00. Her FICA tax is 6.2%. Arlene is also subject to a 3% state income tax and a 1% city tax. What’s her net pay?

= $235 - $36 - ($235 x 6.2%) - ($235 x 3%) - ($235 x 1%) = $175.03

Will Brown, who pays weekly union dues of $3.00, earns $289 per week. His federal income tax is $39.13 and his FICA tax is 6.2%. He pays a 4% state income tax, a $15.00 annual city tax, and 2% of his pay to his retirement fund. What’s his net income for the week he pays the city tax?

= $289 - ($289 x 2%) - $39.13 - ($289 x 6.2%) - [($289 x 98%) x 4%] - $3 - $15 = $289 - $5.78 - $39.13 - $17.92 - $11.33 - $3 - $15 = $196.84

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3 years ago

Read 2 more answers