Answer:
3) owes the company for towing her car under an implied contract
Explanation:
An implied contract is formed when both parties mutually agree to a contract without necessarily having a signed written contract. In this case, Carl called the towing company and requested the service, so she agreed to her car being towed and therefore must pay for the services.
Answer:
C.principal-agent problems.
Explanation:
The acquisition of Movo Automobile is a typical example of AGENCY COST. Under the Agency cost theory, managers are agents of shareholders who represents principal in the principal - agent problem.
Agency cost is a situation where agents become selfish and pursue strategies and policies that will promote the self interest of agents and cause dissatisfaction to principals.
Answer:
$171,360
Explanation:
Given that,
At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000
Revenues = $37,400
Expenses = $20,000
Purchased equipment = $4,920
Paid dividends = $2,040
Net income:
= Revenues - Expenses
= $37,400 - $20,000
= $17,400
Stockholders’ equity at September 30, 2018:
= Beginning balance + Net income - Dividend paid
= $156,000 + $17,400 - $2,040
= $171,360
Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.
Answer:
A sudden sharp reduction in the availability of money or credit from banks and other lenders.
Yes it would soo the answer s true
