Answer:
No
Explanation:
A licensing agreement is a partnership between an intellectual property rights owner (licensor) and another who is authorized to use such rights (licensee) in exchange for an agreed payment (fee or royalty).
Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.
Answer:
Liquidity is the term which is stated as the degree to which the asset or the security of the company which can be quickly sold or bought in the market at the price which states its intrinsic value.
In general term, it is defined as ease of converting the asset or security into cash.
Explanation:
The most liquid asset is cash as it is universally accepted and considered to be the standard for liquidity because it is quickly and easily be convertible into other assets., while the other tangible assets like collectibles, real estate are all relatively illiquid.
Liquidity is of different types:
1. Market liquidity - Which refers to the extent of market like stock market, real estate market.
2. Accounting liquidity - It evaluates the ease with which the company or individual could meet or fulfill the financial obligations with the liquid assets which are available to them.
The accounting liquidity is measured with following ratios - Cash ratio, Quick ratio and Current ratio.
Answer:
Salary raises based on length of service
Explanation:
Agency conflict occur when the owners of a firm do not manage the company. Instead, the firm is managed by mangers. As a result, the interest of the manger might not be aligned with that of the owners and as a result the manager would not act in the best interest of the owners.
Agency problem is more common in public companies
If management compensation tied to the market value of the firm's stock, it would incentivise managers to take steps that would ensure that the value of the company's stock increases. This is because they would also benefit if the value of the stock increases
A stock option plan gives managers the option of buying a company's stock if certain targets are met. This would motivate an employee to work in the best interest of the shareholders
A proxy fight and a takeover would make the managers to lose their jobs. Most managers would not want to lose their jobs. A threat of a takeover or a proxy fight can serve to motivate mangers to act in the best interest of the stockholders
Answer:
Increase and remain the same respectively
Explanation:
Given the above information, we know that current ratio is computed as;
Current ratio = Current assets ÷ Current liabilities
Current ratio = $60,000 ÷ $34,000
Current ratio = 1: 1.76
Working capital is computed as;
= Current asset - Current liabilities
= $60,000 - $34,000
= $26,000
As a result of the above, the current ratio increased because of the reduction in the current liabilities value while the working capital remains the same.
