Answer: B. Pell: No; Astor: Yes.
Explanation: According to Termination of agency law:
-An agent is entitled to renounce his power by refusing to act or by notifying the principal that he will not act for the principal.
The agent can terminate the agency first in absence of contractual agreement relating to the provision of duration of contract.
Based on the fixed costs of the Rocky Mountain Bottling Company, the contribution margin per unit is $0.40 per unit
<h3>How is the contribution margin found?</h3>
First, find the variable costs:
= 300,000 + (250,000 - 70,000)
= $480,000
The contribution margin per unit is:
= (Sales - variable costs) / number of units
= (800,000 - 480,000) / 800,000
= $0.40 per unit
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Answer: Structural Mobiility
Explanation:
Structural Mobiility can be described as changes that enable a whole group of people to either move up or down the economic class ladder.
Structural mobility is attributed to the changes in society or company as a whole, not just personal changes.
The changes done in John's illustration is a social change where a job that can be performed by humans are now performed by robots.
This change negatively affected John and his manufacturing company thereby bringing down John in the economic ladder as he moved down from the Middle class to a lower social class.
Answer:
47.4%
Explanation:
A. Expected golfers
440,000
B Revenue (440,000 × $84)
$36,960,000
C. Variable cost (440,000 × $17)
$7,480,000
D = B - C Contribution margin
$29,480,000
E Fixed cost
$20,000,000
F = D - E Profit
$9,480,000
G Assets
H = F/G × 100 Return on assets
47.4%
Answer:
No licensing is right. Doctors in U.S. are spending more on medical studies than any other country. It is necessary for other country medical students to gain license in order to do practice in the country.
Explanation:
In U.S. doctors are in deficiency so the country cannot completely cease employment for foreign doctors. The country needs to welcome foreign doctors but it is also necessary to safeguard home doctors. If U.S. will not safeguard rights of home country doctors then they will be demotivated and will not be patriotic for the country.
