Answer: See explanation
Explanation:
a. State and describe the concept that leads to "conflict of goals between a firm's managers and its shareholders. Give a modern day example of this concept, and discuss some potential solutions.
This is referred to as the agency problem. This brings about conflict of goals between the manager and the shareholders. An example is when the managers use the resources of the company for their own personal benefits or in a scenario whereby the managers fake the earnings so that the stock prices will rise temporarily.
b. State and describe the concept that states, "factors of production are somewhat immobile." Give an example with detail.
This is referred to as imperfect market theory. When transferring labor, capital or other resources, there are costs attached to the transfer and restrictions as well. .
Answer:
B) False
Explanation:
When the terms of trade improve, it means that a country is actually selling more goods and services to foreign countries than the total amount of goods and services it is importing from foreign countries. For every dollar that a country is exporting, it is importing less than 1 dollar. But this improvement in the terms of trade will actually result in an appreciation of the domestic currency. This means that for every dollar that you export, you will be able to import more goods from foreign countries.
The type of deed that is used is called GENERAL WARRANTY.
General warranty is used to transfer property title to a buyer; it contains full warranty of title whereby the seller assures the buyer that the property is free and clear of any other claim.
Answer:
a. 5X1 + X 2 ≥ 0
Explanation:
Product 2 = X2
Product 1 = X1
Mass in kg of product (X1) = 5
Mass in kg of product (X2) ≥ 1 (atleast 1 kg)
Combining these Constraint :
For every 5kg of X1 ; X2 ≥ = 1
Hence ;
5X1 + X2 ≥ 0
Answer: Gain of $12,000
Explanation:
First off, what was the Net book value of the old sailboat?
= Cost Price - Accumulated Depreciation
= 210,000 - 84,000
= $126,000
They paid $101,000 in cash and received a trade in allowance of $138,000 bringing the value to $239,000.
What they should have received as the trade in allowance was the NBV of $126,000. Since they didn't they got a gain of,
= 138,000 - 126,000
= $12,000
Because this transaction has commercial substance, the gain would be $12,000.
