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mash [69]
4 years ago
13

Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for cert

ain vehicle maintenance and repair services. Jody's right to obtain the amount of those payments from Insta arises under the principal's duty of:________
Business
1 answer:
Vedmedyk [2.9K]4 years ago
5 0

Answer:

Reimbursement.

Explanation:

When an agent incurs expenses while acting in the interest of principal them the principal is obligated to reimburse the agent the funds spent.

In this scenario Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for certain vehicle maintenance and repair services. Jody has the right to request for refund based on principal's duty of reimbursement.

The action taken must be verified to be in the interest of the principal if not she will not be entitled to reimbursement.

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You have the following data for Year 0 and Year 1:
sergejj [24]

Answer:

Free cash flow for year 1 = -$1m

Explanation:

Lets first understand what free cash flow is. Free cash flow is the cash generated by a business that is freely available for distribution to all investors after having met all the immediate obligations, investment in non-current assets and investment in working capital. Since it's cash flows we have to add back non-cash items such as depreciation and amortization.

The question is asking for free cash flow for year 1 therefore we take data for the year 1 as follows:

Free cash flow for year 1 = $5m + $2m - $6m - $2m  

Free cash flow for year 1 = -$1m

Seems entity has net cash outflows that's why the cash flows are negative.

7 0
4 years ago
Claude purchased raw land three years ago for $1,500,000 to develop into lots and sell to individuals planning to buildtheir dre
dmitriy555 [2]

Answer and Explanation:

Clude had purchased the raw land three years ago for $150000 and treated it like a inventory. she constributed the property to south peak investments LLC in exchange for 10% profit interest. but south peak will hold it for investment purpose.

a) after 4 years from Cludes contribution south peak sells the land for $3000000 the gain would be $3000000 - 1500000 = 1500000. the character is of long term capital gains since ths LLC held ot as investment asset

b) if south peak sells the asset after 5 years six months then also the gain would be sa,e and character would be same since LLC has held the asset fore investments purpose and at the same time its holding period is above one year.

3 0
3 years ago
What are the pressure that Lenovo faces for global integration?
blsea [12.9K]

Answer:

cost reduction and standardizing its products globally.

Explanation:

  • Lenovo needs to capitalize on the consumer trends and the universal needs of the products globally and seek to reduce the costs in increasing flexibility, acquire knowledge, scale economies, and improve on the quality of the product and the process that creates them.
4 0
3 years ago
9. All of the following is included in a company's marketing plan EXCEPT:
Delvig [45]

Answer:

ANswer is B

Explanation:

6 0
3 years ago
A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, th
Mashutka [201]

Answer:

detective control.

Explanation:

Cyber security can be defined as preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.

IDS is an acronym for intrusion detection system and it can be defined as a security system which is typically used to monitor network traffic and it notifies the engineer when there's a malicious activity.

Generally, the detection methods used by the Intrusion Detection Systems (IDS) are;

1. Statistical anomaly-based detection.

2. Stateful protocol analysis detection.

3. Signature-based detection.

Hence, the operations in this scenario is an example of a detective control which avails a business firm information about vulnerabilities that exist in its network system.

8 0
3 years ago
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