Answer:
Undisclosed principal
Explanation:
Am undisclosed principal in an agency relationship is one whose existence is not known to the third party. The third party believes they are making the transaction with the only agent involved in the transaction.
In this instance Sarah believed she was selling to Alice and was not aware Alice has a principal (Harold). In her mind she sold the land to Alice and no other person.
It was at the point where Harold said he no longer wanted the land that Alice told Sarah about him. At this point the contract between Harold and Alice had been terminated
Answer:
The Expected return is $80,600
The standard deviation of the analyst’s profit is $191854.63.
Explanation:
the expected return
= $1,3 million*[0.031 + 1.0*Rm] - 1,3 million*[-0.031 + 1.0*Rm]
= $403,000 + $1,300,000Rm + $403,000 - $1,300,000Rm
= $80,600
Therefore, The Expected return is $80,600
the varience = 20*[(130,000*0.33)^2]
= $36808200000
Therefore, The standard deviation of the analyst’s profit is $191854.63.
Answer:
The correct answer is letter "C": The Sarbanes-Oxley Act which requires more stringent internal controls on U.S. firms.
Explanation:
The U.S. Sarbanes-Oxley Act of 2002 (<em>SOX</em>) is a legislative response to several corporate scandals that sent shockwaves through the world financial markets. The SOX attempts to strengthen corporate oversight and improve internal corporate control. After this act, strict rules for certified public accountants, auditors, and high-executive officers were imposed with more strict recordkeeping requirements.
Some U.S. firms allege the SOX is a drawback for them compared to the legislation foreign companies have which are usually less strict.
History drama or the caesar plot :/
Answer: The answer is provided below
Explanation:
a. The reconstructed journal entry has been prepared and attached.
b. The following are the effects it has on the investing section or the financing section of the statement of cash flows.
The first transaction will lead to a cash inflow of $8,000 from the investing activities.
The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.
The third transaction will lead to a cash inflow of $2,000 from the financing activities.
The fourth transaction will lead to a cash outflow from the financing activities.
Thw diagram has been attached.
