Answer:
Anne Mullens committed embezzlement.
Explanation:
Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.
It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.
One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.
In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.
This is embezzlement of funds by Anne.
Answer:
24.42%
Explanation:
(a) Index on the day immediately before the split (on 1 Jan 2017)
= (114+ 34 + 56 ) / 3
= 204/3 =68
Price of Douglas McDonnel stock just after the split (on 2 Jan 2017)
= 114/3 = $38
New divisor for the index
= (38 + 34 + 56)/68
= 128/68
=1.88
(b) Index on 1 Jan 2017 = 68
Index on 1 Jan 2018 = (41.08+ 48+ 70) / 1.88
= 159.08/1.88
=84.61
Hence:
Rate of return on the index for the year
2017
= (84.61 - 68) / 68 × 100
16.61/68×100
= 24.42%
Answer: yes, because some people studied the material which would make it easier for the to catch on.
Explanation:
