The amount that ought to be accounted for in the deferred income tax liability in Noll's December 31, year 1 balance sheet would be $40,000 if it is assumed that Noll will report taxable income in each and every subsequent year.
Who Pays Taxes?Taxes are mandatory payments that citizens or corporations must make to their local, state, or federal government. Tax revenue is used to pay for public projects and programs like Social Security and Medicare as well as infrastructure like roads and schools.
People pay taxes for what reasons?All inhabitants gain from taxes that are used to fund defense, roads, police, and a justice system, among other essential services, because they are unable to successfully provide such services for themselves.
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for a recent period, the balance sheet for consumer wholesale corporation reported accrued expenses of $1980 million. for the same period, consumer reported income before income taxes of $1810 million. assume that the adjusting entry for the accrued expenses was not recorded at the end of the current period. what would have been the income (loss) before income taxes?
Before income taxes, there will be a $161 million gain (loss).
Accrued Costs:
Expenditures that have been incurred but not paid for yet are referred to as accrued expenses. The timing of recording expenses is important; whether they are paid for or not is immaterial. The adjusting entries are used to account for accrued expenses.
Answer and justification:
Before income taxes, there will be a $161 million gain (loss).
Explanation:
To make incurred expenses, an adjustment entry is
General Journal: Debit: Credit: Expenses: $1,893,000,000; Accrued: $1,893,000,000
The expenses are understated by $1,893 million as a result of evading this entry. If the entry had been made, the income before taxes would have been $161 million ($2,054 million - $1,893 million).
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what concepts are contained in the fasb conceptual framework? (select all that apply.) multiple select question. concepts regarding types of events to be accounted for leasing and rental concepts underlying concepts of accounting measurement concepts sec reporting requirements
Principles of accounting measurement are underpinned by the FASB conceptual framework.
What does accounting's measurement rule entail?Money measurement stipulates that accounting transactions must be described in monetary terms in order to be documented, i.e., the accounting transactions must involve quantitative data rather than qualitative data.
Which are the two accounting measurement foundations?The two main techniques for keeping track of revenue and costs in accounting are the cash foundation EU VAT language cash accountancy and the accrual basis. Both can be applied to a variety of situations, including the financial records of a whole nation, a huge firm, a small business, or a person.
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if the depreciable basis for a single family residence is $2,750,000, what is the annual allowable depreciation, assuming a 27.5 economic lifespan...?
The annual allowable depreciation, assuming a 27.5 economic lifespan 100,000
A territory with an economy is one where goods and services are produced, sold, traded, and used. It is generally accepted that it is a social domain that emphasizes the actions, conversations, and outward expressions related to the production, use, and management of finite resources. [1] The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organization, political structure, legal system, and availability of natural resources. In addition to providing context and content, these factors establish the rules and conditions under which an economy runs. To put it another way, the economic sphere is a social domain made up of interrelated human actions and trades that are mutually exclusive.Economic actors might be individuals, businesses, organizations, or governments. There is economic activity.
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Effective marketing doesn't just happen. Firms like Disney plan their marketing strategies to adjust to changes in the environment, the competition, and their customers. Disney's objective is to create entertainment experiences based on storytelling. One of Disney's key strengths is its well-known brand. Disney targets its Pleasure island to singles and couples. Epcot to adults and families with older children, and the Magic Kingdom to families with younger children. When Disney executives noticed attendance at the theme parks declining, they concluded that crowding and long lines were hurting customers' enjoyment of the parks and eased crowding throughout the parks by combining global positioning satellites (GPS), smart sensors, wireless technology, and mobile devices. They instituted a FastPass service, allowing guests to obtain a timed ticket for a ride, thus skipping long lines for popular attractions. FastPass+, introduced later, allows advance reservations for a limited number of rides per day through the My Disney Experience website and mobile app, where guests can plan and manage their visit to the parks. Finally, the guest can wear a MagicBand-a wristband with a radio frequency chip identifying the individual. By simply waving the band, the guest can use a FastPass+ reservation, pay for purchases, and even open the door to his or her Disney resort room! Match Disney's actions to each step of the process.
The matching of Disney's actions with the process are defining the mission and vision of the event with the idea to create entertainment experience.
Marketing strategy in every firm needs a ideological backing for everything they do and it needs continuous evaluation of the products and their sale in the market, customer demand and the variations produced by the competitors. In order to sustain in the changing and evolving field, marketing is essential. Disney has rightly tapped their potential in marketing. It has matched Situation Analysis with the declining attendance, Identified and Evaluated Opportunities with the growing technology which is available to improve customer experience, Implementing Marketing Mix with the installed GPS, sensors & other devices and finally Evaluating Performance with lesser crowding.
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your client would like to display negative numbers in red on their profit and loss report. where can you select this option for them?
Customize - edit titles, Customize - filter, Customize - rows/columns, Customize - header/footer, Customize - general, these are the option to select the report.
Another way to do this in Quick books is Choose the "Fonts & Numbers" option after clicking "Customize Report." Choose a setting for the Show Negative Numbers part and the Show All Numbers section according to your preferences. Hit "OK." A footer is text that appears at the bottom of a page, while a header appears at the top of the page. These spaces are typically used for inputting document information, such as the document's title, chapter heading, page numbers, creation date, and similar items. The margin space at the top of the page is where headers are placed. At the bottom of a page, in the margin, are footers. The file name, author, creation date, page numbering, and other document information are typically included in the headers and footers. Since this information is repeated on every page, the reader can traverse the document with ease.
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a buyer wants to purchase a home for $160,000 with a 15% down payment. the lender charges 2 points. how much money does the buyer need up front to make the purchase?
The buyer will require $26,720 in total up advance to complete the transaction.
What does a business purchase mean?The quantity of items a corporation purchased throughout the course of this year is known as purchases in accounting. It also relates to details on the kind, caliber, amount, and pricing of purchased products that should be preserved. They are included in the stock.
The amount of the deposit
The amount of down payment = Purchase price of the home x 15%
= $160,000 x 15%
= $24,000
The fees assessed by the Lender
The charges made by the lender = [Purchase price – Down payment] x 2%
= [$160,000 - $24,000] x 2%
= $136,000 x 2%
= $2,720
Consequently, the total amount of money required by the buyer to complete the transaction is = Down payment made + Charges made by the lender
= $24,000 + $2,720
= $26,720
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the capture theory of regulation implicitly holds that group of answer choices the members of a regulated industry have a stronger incentive to attend regulatory meetings than taxpayers and consumers. regulatory lag is often longer than most people think. regulators will always do what they think is in the public's best interest. a, b, and c b and c
The capture theory of regulation implicitly holds that the members of a regulated industry have a stronger incentive to attend regulatory meetings than taxpayers and consumers.
About regulatory captureRegulatory capture is a situation when a regulatory agency established for the public interest instead fulfills the political or commercial interests of certain groups that dominate the industry or sector that should be regulated.
The theory of regulatory capture is at the center of a field of study called "regulation economics": economists who focus on this field are critical of the concept that the intervention of government regulatory agencies is based on the protection of public goods. An example of an economist who developed the theory of regulatory capture is Nobel Prize winner George Stigler.
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which of the following is an example of an implicit cost of going out for lunch? a. the amount of the tip you leave the waiter b. the total bill you charge to your credit card c. the cost of gas to drive to the restaurant d. the value of the time you spent eating lunch e. all of the above
All of the above. Implicit costs are costs that are not directly paid for, but are still incurred.
What is Implicit costs?Implicit costs are costs that are incurred by a business but not accounted for on the balance sheet. These costs represent the opportunity costs associated with using a business’s resources for a particular purpose. Examples of implicit costs include the salary of a business owner, the use of a company-owned building, or the use of a business’s own equipment. Implicit costs are often overlooked when calculating the total cost of production, and they can have a significant impact on the profitability of a business.
Examples of implicit costs include the amount of the tip you leave the waiter, the cost of gas to drive to the restaurant, and the value of the time you spent eating lunch.
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why do private businesses underproduce public goods? they are non-excludable, and so it is difficult to earn profits by producing the good. they are rivalrous, and so only one producer can supply the good. they are excludable, and so there are too few consumers available to buy the good. they are non-rivalrous, and so market power will limit output of the good. they are non-affordable, and so there are no consumers willing to purchase the good.
private businesses underproduce public goods because They are non-rivalrous, and so market power will limit output of the good.
Doing business is defined as earning a living or acquiring funds through the creation, purchase, and selling of goods (such as goods and services) "Any activity or enterprise performed for profit" is also included. [5]Since the business entity is not legally distinguishable from the owner by the use of a business name, the owner of the business is accountable and liable for any commitments made by the business. If a business accumulates debt, creditors may seize the owner's personal belongings. [6] In a business structure, corporate tax rates are not permissible. The proprietor is required to pay personal taxes on all business income.The expression is also often used colloquially, though not by attorneys or government officials.
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an established product which is bringing in revenue is a comment about which stage of the product life cycle?
An established product that is bringing in revenue is in the maturity stage of the product life cycle. A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves.
There are four stages in a product's life cycle - introduction, growth, maturity, and decline. A company often incurs higher marketing costs when introducing a product to the market but experiences higher sales as product adoption grows. Sales stabilize and peak when the product's adoption matures, though competition and obsolescence may cause its decline. The concept of product life cycle helps inform business decision-making, from pricing and promotion to expansion or cost-cutting.
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Decentralizing power in the hands of a local subsidiary:
Decisions under centralization take longer to make since they must be approved by all authorities, which is dependent on a single organization. Decentralization, on the other hand, has shown to be more effective in decision-making when decisions are made closer to the actions. Centralization provides for all-encompassing leadership and coordination.
Are subsidiaries subject to the parent company's authority?Subsidiary refers to an organization that is controlled by a parent or holding firm. It's common for the parent company to own the bulk of the subsidiary business. The parent business thereby takes control over the subsidiary. Being the majority shareholder can sometimes be enough to acquire control.
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what is an example of a factor of production? multiple choice component parts competitors labor environment government
An example of a factor of production is Labor. Labour includes the human resources needed to produce goods and services.
What do you mean by factor of production?
Factor of production is an economic term used to refer to the inputs used by businesses to produce goods and services. It is the combination of land, labour, capital and enterprise that are used to produce goods and services. Land includes natural resources like land, minerals, and water. Labour includes the human resources needed to produce goods and services. Capital includes the money, tools and equipment used to produce goods and services. Lastly, enterprise refers to the ability to organize and manage the various factors of production. All of these factors of production are important for businesses to create value and generate income.
So, The required answer is Labour.
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for what reason did john stuart mill believe the government should get involved in the economy? responses to help the poor and the powerless to help the poor and the powerless to increase competition between businesses to increase competition between businesses to help business owners to help business owners to decrease inflation
for what reason did john stuart mill believe the government should get involved in the economy: to help the poor and the powerless
A territory with an economy is one where goods and services are produced, sold, traded, and used. According to widespread consensus, it is a social domain that emphasises the actions, discourses, and outward expressions related to the production, use, and management of finite resources. The functioning of an economy is greatly influenced by factors such as a person's culture, values, education, technological development, history, social organisation, political structure, legal system, and natural resources. These components provide context and content in addition to defining the bounds and circumstances within which an economy runs. In other words, the economic sphere is a social area made up of interrelated human interactions and behaviours that are dependent on one another.
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Answer:
just took the quiz
Explanation:
For what reason did John Stuart Mill believe the government should get involved in the economy?
to help the poor and the powerless
What did Karl Marx believe would happen to capitalism?
It would be overthrown by the large class of workers.
Karl Marx wrote in The Communist Manifesto that the history of man had been defined by what?
class struggle
What was Charles Darwin's theory regarding plant and animal life?
All plants and animals have gradually evolved over time through a process called natural selection.
What did the public education reform movement of the 1800s accomplish?
Public high schools in the United States began to multiply after 1900.
Which best describes an accomplishment of the woman suffrage movement?
Women in New Zealand gained suffrage in 1893.
What happened as a result of workers organizing into unions in the late 1800s?
Working conditions began to improve for many workers.
Which is an example of how cities improved during the late 1800s?
a new police force and sewer system in London
What does the term standard of living refer to?
the level of wealth, comfort, material goods, health, and necessities available to a group
Which achievement improved the standard of living in the late 1800s?
the discovery of the link between germs and disease
Which are examples of the new mass society that emerged in the late 1800s?
vaudeville and professional sports teams
Suppose the income elasticity of demand of Good X is -3. This means that a 15% decrease in income would result in a ______________ in quantity demanded of Good X?5% increase5% decrease45% increase45% decreaseHardly noticeable change
Suppose the income elasticity of demand of Good X is -3. This means that a 15% decrease in income would result in a 45% decrease in quantity demanded of Good X. Thus Option D is the answer.
The income elasticity of demand (EI) measures the responsiveness of the quantity demanded of a good to a change in income. It is calculated as the percentage change in quantity demanded divided by the percentage change in income.
In this case, the EI of Good X is -3, which means that a 1% decrease in income would result in a 3% decrease in the quantity demanded of Good X. So, when a 15% decrease in income occurs, the quantity demanded of Good X would decrease by 3*15 = 45%.
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a borrower received a 30-year arm mortgage loan for $200,000. rate caps are 3/2/6. the start rate is 3.50% and the loan adjusts every 12 months for the life of the mortgage. the index used for this mortgage is mta (for this exercise, 3.00% at the start of the loan, 4.45% at the end of the first year, and 4.50% at the end of the second year). the margin on the loan is 3.00%, which remains the same for the duration of the loan. 1. what is the initial rate (start rate) the borrower will pay during the first year? 2. what is the interest rate the borrower will pay after the first rate adjustment? (hint: remember to use the "stair step method" for determining the new interest rate.) 3. what is the fully indexed rate after the second year? 4. what is the maximum interest rate the borrower will pay during the 30-year term for this loan? 5. if the interest rate is at its maximum, what would the mta index have to be to reach the maximum interest rate?.
The starting or introductory rate is 3.50%. An average commercial real estate loan has an interest rate ranging from 2.2% to 18%.
What is mortgage loan?An average commercial real estate loan has an interest rate ranging from 2.2% to 18%. Your exact interest rate will vary depending on the loan type you select, your borrower requirements, and the kind of building or project you're funding. In conclusion, you can use a business mortgage to fund the purchase of one or more properties that you'll use for business reasons. This could be an office building where your main operations will take place, or it could be an apartment complex designed to produce its own rental income.1. The starting or introductory rate is 3.50%.
2. The borrower will be required to pay 6.50%, which is the result of adding the first adjustment cap of 3.00% and the prior rate of 3.50%. The borrower always receives the lower of the two estimated interest rates, making the fully indexed rate of 7.45% (4.45% (LIBOR index) + 3.00% (margin)).
3. The fully indexed rate is 7.50% after the second year. The current index and the margin are added to determine the fully indexed rate. The index is 4.50%, the margin is 3.00%, and the result is a fully indexed rate of 7.50%.
4. The lifetime ceiling (6.0%) and start rate (3.50%) together set the maximum lifetime rate at 9.50%, which is the highest interest rate that the borrower will pay during the loan's tenure.
5. If the maximum interest rate is 9.50%, the LIBOR index would need to reach 6.50% using the formula FIR = Index + Margin:
Maximum rate: 9.50% =? (LIBOR index) + 3.0% (margin)
Maximum Rate: 9.50% Margin: 3.00% Total: 6.50% (LIBOR index)
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the price of a video game is $32.99 before tax. andre bought the video game for 20% off. he then paid 8% sales tax on the discounted price. part a: how much did andre pay in sales tax? show all work and steps in your solution. (5 points) part b: what is the total amount that andre paid for the video game? show all work and steps in your solution. (5 point
Andre bought a video game which cost $32.99 before tax and before discount. a) The amount of tax he paid is $2.1. b) The total amount Andre paid for the video game after tax is $24.29.
The amount of sales tax can be calculated as follows:
tax = tax rate x price
Information available in the problem:
- The price of a video game is $32.99 before tax
- Andre bought the video game for 20% off, hence the discounted price is:
discounted price = (100% - 20%) x $32.99 = $26.39
- Andre then paid 8% sales tax on the discounted price.
a) The tax that Andre paid is:
8% x $26.39 = $2.1
b) The total amount Andre paid for the video game is:
total cost after tax = discounted price before tax - tax
= $26.39 - $2.1 = $24.29
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A commercial airplane that is 1{,}5001,5001, comma, 500 miles into a 2{,}5002,5002, comma, 500-mile journey is traveling at 450450450 knots in still air when it picks up a tailwind of 150150150 knots (in the same direction). If hhh is the number of hours remaining in the airplane's flight, which of the following equations best describes the situation
The airplane's speed (450 knots) and also the tailwind's (150 knots) speed. Most commercial jet lines cruise at a speed of roughly 600 mph, which allows them to cover 500 miles in less than an hour.
What is the world's fastest plane?With a top speed of Mach 3.3—more than 3,500 kph (2,100 mph) and nearly four times faster than the typical cruising speed of a commercial airliner—the Lockheed SR-71 Blackbird is the world's fastest jet aircraft.
According to Flight Deck Friend, the average speed of commercial aircraft is roughly 460-575 mph, or 740-930 km/h.
Most military aircraft can fly at this altitude or a bit higher, while some business jets can soar as high as 15,000 metres. Because the air can get too thin and make it hard to burn aviation fuel continuously, these aircraft typically stay below 15,000 feet for safety concerns.
The equation that best describes the situation is:
Distance remaining = 2,500 - (450 + 150) * h
where h is really the number of minutes the plane has left to fly.
The remaining distance in the trip is calculated using this equation, which also accounts for the airplane's speed (450 knots) and also the tailwind's (150 knots) speed.
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A total materials variance is analyzed in terms of
Group of answer choices
O price and quantity variances.
O buy and sell variances.
O quantity and quality variances.
O tight and loose variances.
A total materials variance is analyzed in terms of quantity and quality variances.
What are materials variance?Material Variances are a reflection of how far real material costs deviate from the benchmarks. These variations in material costs may be the result of changes in the cost, amount, or composition of the materials utilised, as well as the results obtained. Formula for Material Cost Variance: (SQ * SP) - (AQ * AP) = Standard Cost - Actual Cost. This represents the discrepancy between the actual cost of direct materials and their predicted (or typical) cost. It is helpful for figuring out whether a company would be able to incur material expenditures at levels that are close to what it had anticipated.
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55. tariffs are different from assigned import quotas in that tariffs will (a) restrict imports (b) increase the price of imported goods (c) benefit domestic consumers of imported goods (d) hurt domestic producers of goods facing import competition (e) generate additional revenue for the domestic government
Tariffs are different from assigned import quotas in that tariffs will increase the price of imported goods .
What is a difference in tariffs?
Different sorts of taxes levied on imported items include duties and tariffs. Taxes are fees that the government levies against its citizens.
Tariffs are a type of direct tax imposed on products brought into the country from abroad. The purchaser of imported products must pay duties, which are an indirect tax.
Are quotas or tariffs more restricting?
Theoretically, a tariff quota is less restrictive than a regular quota because of this frequently minimal difference. The "small" importing nation using the tariff quota.
A "small country" is one whose variations in import volume are too minor to affect global prices.
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which act of the u.s. congress prohibits bribery of foreign officials and sets requirements for transparency of accounting transactions?
The Foreign Corrupt Practices Act (FCPA), adopted in 1977, forbids paying bribes to foreign officials in order to win or retain business.
The FCPA applies to publicly traded firms and their executives, directors, employees, stockholders, and agents everywhere in the world for unlawful activity. Third-party agents, consultants, distributors, joint-venture partners, and others are examples of agents.
The FCPA also requires issuers to keep correct books and records and to have an adequate system of internal controls to provide reasonable assurances that transactions are carried out and assets are accessed and accounted for in line with management's permission.
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what is a computer crime where a competitor or disgruntled employee increases a company's search advertising costs by repeatedly clicking on the advertiser's link?
malicious click competition By regularly clicking on the advertiser's link, a rival or unhappy worker raises a company's search advertising expenses.
A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.
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what would be the yearly earnings for a person with 5800 in savings at an annual interest rate of 3 percent
the total money you bring in throughout a fiscal year. Your annual income consists of your salary plus any bonuses, commissions,
What are the fundamentals of saving?Set aside a specific sum of money each month and pay it like you would any other payment. Every time you get paid, save aside some money — ideally ten to twelve percent — and see your savings increase. Prudent saving Select the finest savings strategies for your objectives, and be sure to shop around to find the lowest interest rates.
Which are the 5 tools for saving?Bank deposits, bank deposits, money market account accts, bank deposits, and savings bonds are the five most popular categories of savings instruments. It is crucial to decide which saving methods are suitable.
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your research team has recently been awarded a program by the defense advanced research project agency (darpa) to study the effects of salt-water corrosion on a new material incorporated into the hulls of u.s. navy aircraft carriers. the agreement includes a contract clause that prohibits dissemination of the research results without prior darpa review and approval. the principal investigator wants to employ a non-u.s. person as a graduate research assistant (gra) to perform the salt-water tests on the hull material. the gra will be generating a portion of technical data that will be combined with the results of other characterization experiments performed on the hull material by u.s. person participants. all of the data will be provided to darpa in the final report. which answer best describes how this activity is affected by export controls?
A: Export controls will require the PI to obtain an export license from the U.S. Department of Commerce prior to employing the non-U.S. person as a GRA, as the research results may be considered “dual use” and subject to export controls.
What is export license?An export license is an official document issued by the government that authorizes a company to export specific goods abroad. It is required for some types of products and commodities due to national security, economic, and environmental considerations. Depending on the country, the export license may be required for all goods or for certain categories such as defense-related items, dual-use products, technologies, and items subject to economic sanctions. The export license includes information on the type and quantity of goods to be exported, the destination country, and the duration of the license.
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A: Export controls will require the PI to obtain an export license from the U.S. Department of Commerce prior to employing the non-U.S. person as a GRA, as the research results may be considered “dual use” and subject to export controls.
What is the export license?An export license is an official document issued by the government that authorizes a company to export specific goods abroad. It is required for some types of products and commodities due to national security, economic, and environmental considerations. Depending on the country, the export license may be required for all goods or for certain categories such as defense-related items, dual-use products, technologies, and items subject to economic sanctions. The export license includes information on the type and quantity of goods to be exported, the destination country, and the duration of the license.
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a company using a weighted criteria evaluation system has established these 3 categories and the appropriate weight in parentheses: quality (0.20), delivery (0.60), cost (0.20). the scores for each category are shown below. company a company b company c quality 75 80 70 delivery 85 60 65 cost 60 80 65 which of the following companies has the highest total score? a. company c b. company b c. company a d. all companies scored the same
The answer is Company B.
COMPANY B has the highest score according to the weighted criteria system.
What is meant by the weighted criteria evaluation system?A decision-making tool called a weighted criteria evaluation system compares probable solutions against a set of weighted criteria.
Common applications include selecting the best software to buy or choosing amongst optional options.
The weighted scoring model formula is a total of variables (weight) /total of all weights = weighted score.
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all of the people, including its employees, neighbors, customers, and suppliers, who may gain or lose by the activities and policies of a business are known as:
All of the people, including its employees, neighbors, customers, and suppliers, who may gain or lose by the activities and policies of a business are known.
What is a better word for Including?Some common synonyms of include are comprehend, embrace, and involve. While all these words mean "to contain within as part of the whole," include suggests the containment of something as a constituent, component, or subordinate part of a larger whole.
What is an example of a business?An economic institution known as a business produces and/or distributes goods and services with the goal of making money and accumulating wealth. Regardless of the type of company, whether it be a solo enterprise, a Hindu undivided household, or a partnership enterprise.
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Which of the following is the total length of time an essential business function can be unavailable without causing significant harm to the organization?
A) Maximum tolerable downtime
B) Maximum tolerable uptime
C) Recovery time objective
D) Recovery point objective
A measure of how long a critical business function can be down before generating serious problems for the company as a whole is known as the maximum tolerable downtime.
System downtime can be represented in a number of ways.
A system's Maximum Tolerable Downtime (MTD) is the longest period of time during which the system owner or authorizing official will tolerate any negative effects of an interruption to the system's ability to carry out its designated purpose or business function.
The Recovery Time Objective (RTO) is the length of time an unavailable system resource can have on the remaining available resources, the supported mission/business operations, and the Mean Time to Repair (MTR).
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Shannon just helped Linda sell her property. When agency between Shannon and Linda terminates, can Shen and disclose confidential information that Shannon learned while Linda was a client?
1 yes, if the information is helpful to a future client
2 no, because agency continues between Shannon and Linda after the sale
3 yes, because agency has been terminated
4 No, because in agent's duty of confidentiality never ends
Shannon just helped Linda sell her property. When agency between Shannon and Linda terminates, can Shen and disclose confidential information that Shannon learned while Linda was a client. No, because in agent's duty of confidentiality never ends.
Explanation: Even after the termination of the agency between Shannon and Linda, Shannon's duty of confidentiality remains. Shannon must not disclose any confidential information that she learned while Linda was a client, such as financial information, personal information, or any other sensitive data. This is to ensure confidentiality and protect the interests of the former client.
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A flow-chart is shown. From top to bottom, Emma decides to study, then Emma is not able to go bowling, then two lines are drawn to 2 boxes that contain question marks.What could happen as a result of the effects of the opportunity cost on the left
The effects of the opportunity costs for Emma's decision is that: 1) Emma decides to study 2) Emma is not able to go bowling
From the above stated situation the next best option would have been for Emma to have gone bowling instead of choosing to study. She missed out on the perks of hanging out with friends and having fun since she didn't go bowling.
The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. Every decision involves trade-offs, and opportunity cost refers to the gains you could have gained by going in one route rather than the other.
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A customer establishes the following positions: Buy 100 JMB at 28. Buy 1 JMB Dec 25 put at 2. What is the maximum potential loss? A) 3000. B) 200. C) 2800.
Answer:
The Answer should be None of the given Options.
Explanation:
In this Case, the investor has lost money on the long stock position when the market value falls.
The investor can sell the stock for no less than the strike price by purchasing the put, but he also loses the premium. i.e $2
In this Question, the investor loses a maximum of $3 on the stock (28 − 25) plus the premium of $2, for a total loss of $500 on 100 shares.
Hence the correct answer is $500 i.e None of the Given options
Different cities have different levels of sales tax for items purchased. find each amount of sales tax. what is 10% of $19.90? what is 7% of $20.00?
The sales tax for 10% of $19.90 is $1.99, because $19.90 x 10/100 = $1.99
7% of $20.00 is $1.40, because $20.00 x 7/100 = $1.40
How do you find the amount of sales tax?To find the amount of sales tax for items purchased at different rates, you can use the following formula:
Sales Tax = Purchase Price * (Tax Rate / 100)
For example, if the purchase price is $19.90 and the tax rate is 10%, the sales tax would be:
$19.90 * (10 / 100) = $1.99
If the purchase price is $20.00 and the tax rate is 7%, the sales tax would be:
$20.00 * (7 / 100) = $1.40
10% of $19.90 is $1.99, because $19.90 x 10/100 = $1.99
7% of $20.00 is $1.40, because $20.00 x 7/100 = $1.40
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