Business

Which one of the following statements is TRUE? a. The supervisor-employee relation between a production line supervisor and a production line operator is an example of an agency relationship. b. An example of an agency relationship is when the CEO nominates a slate of candidates to be on the board of directors. c. An example of an agency relationship is when a supervisor hires a forklift operator. d. In an agency relationship, the principal delegates decision-making authority to the agent. e. In an agency relationship, the agent delegates authority to the principal."
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Teal Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $3,420,000 on March 1, $2,280,000 on June 1, and $5,700,000 on December 31. Teal Company borrowed $1,900,000 on March 1 on a 5-year, 10% note to help finance construction of the building. In addition, the company had outstanding all year a 12%, 5-year, $3,800,000 note payable and an 11%, 4-year, $6,650,000 note payable. Compute avoidable interest for Teal Company. Use the weighted-average interest rate for interest capitalization purposes
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Anna Conda purchased a new Toyota Tundra pickup truck for $45,000 and financed $41,000 with a 5 year, 3.5% loan. Following the format of the loan disclosure statement, answer the following question. What is the total of all of the loan payments made?
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Click this link to view O*NETs Skills section for General and Operations Managers. Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by General and Operations Managers? Select four options.speakingcritical thinkingactive listeningcomputer repairreading comprehensionequipment selection
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Marriott International is a worldwide operator, franchisor, and licensor of hotels, residential, and timeshare properties totaling nearly $1.8 billion in net property and equipment. Assume that Marriott replaced furniture that had been used in the business for five years. The records of the company reflected the following regarding the sale of the existing furniture:Furniture (cost) ............................... $8,000,000Accumulated depreciation .............. ...7,700,000Required:1. Give the journal entry for the disposal of the furniture, assuming that it was sold fora. $300,000 cashb. $900,000 cashc. $100,000 cash2. Based on the three preceding situations, explain the effects of the disposal of an asset.
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uestion 31 Oriole Company has the following inventory data: July 1 Beginning inventory 114 units at $19 $2166 7 Purchases 399 units at $20 7980 22 Purchases 57 units at $22 1254 $11400 A physical count of merchandise inventory on July 30 reveals that there are 190 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $3686. $3914. $7486. $7714.
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Identify which of the following statements are true for the corporate form of organization. a. Shareholders are not personally liable for corporate acts. b. The sale of shares from one stockholder to another does not impact operations. c. An exception is when it changes the makeup or directors It has many of the same rights as an individual it does not end with the death of an owner. d. Corporations are often subject to fewer regulations than partnerships e. Stockholders are expected to hire and fire key executives. f. The president and vice presidents choose the board of directors.
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A company paid an old bill from a previous month for $300 cash. The effect of this transaction in the basic accounting equation is *A decrease in Cash and an increase in Accounts PayableA decrease in Cash and an increase in Owners CapitalAn increase in Accounts Payable and a decrease in Owners CapitalNone of the above
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i need help with this problem thank you in advanced
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Francis has an internship at a law firm, takes an art class, and researches colleges that offer majors in veterinary science. Which of these actions increases Francis's human capital?A. both the internship and the researchB. only the internshipC. both the internship and the art classD. only the research
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Wings Co. budgeted $570,000 manufacturing direct wages, 3,000 direct labor hours, and had the following manufacturing overhead: Overhead Cost Budgeted Budgeted Level for Overhead Pool Overhead Cost Driver Cost Driver CostMaterials handling $188,000 4,700 pounds Weight of materials Machine setup 21,600 540 setups Number of setups Machine repair 1,260 31,500 machine hours Machine hours Inspections 12,400 310 inspections Number of inspections Requirements for Job 971 which manufactured 4 units of product: Direct labor 20 hours Direct materials 130 pounds Machine setup 30 setupsMachine hours $15.000 machine hoursInspections 15 inspections 1. Using ABC, overhead cost assigned to Job #971 for machine setup is:____.a. $2,300.b. $990.c. $6,500.d. $690.e. $1,020 .2. Using ABC, overhead cost assigned to Job #971 for machine repair is:____. a. $2,300.b. $990.c. $6,500.d. $690.e. $1,020.
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Apr. 8 Sold merchandise for $9,500 (that had cost $7,021) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,400 (that had cost $4,795) and accepted the customer's Continental Card. Continental charges a 2.5% fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.)
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Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.Part B Make a table to show the relationship between m and a. Find 5 ordered pairs. Part C Use your table from Part B to draw a graph to represent the situation.
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The customer-service department at Park-E Bank complains it is unable to keep track of its new business clients as the department handling data compilation has failed to enable a free exchange of information between the two departments. This has hindered the customer-service department to follow up on its customers' queries and update their relationship status with the bank. This has also impacted the department's sales target. This scenario exemplifies conflict due to
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Speedy Delivery Company purchases a delivery van for $32,000. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 130,000 miles. Actual miles driven each year were 35,000 miles in year 1 and 38,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods.
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An oligopolistic market structure is distinguished by several characteristics, one of which is difficult entry because barriers are significant. What are some other characteristics of this market structure? Check all that apply. Market control by a few large firms Either homogeneous or differentiated products Interdependence among firms Neither interdependence nor dependence among firms Market control by many small firms
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quarter of employees in the US do not trust their employers, and only about 50% of them believe that their bosses are open with them. TrueFalse
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Explain the point of view of why the gender pay gap in sports is reasonable.Please also list any sources used.
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1.____What auto car insurance is required by IL?A. Property Damage and Bodily InjuryB. Collision and ComprehensionC. Medical and SchmedicalD. All the above
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We have implicitly assumed that Ace Airline starts paying the salary of $15,000 per month only at the end of the two-month school. Such a practice drew significant complaints from the trainees. Ace decided to change its practice and pay the trainees during the training session as well. How would the new policy change Ace's class size
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Relevance has always been the challenge of the advertising industry. Summarize Kristi Roger's assessment of the advertising industry in her Ted Talk. Considering her hypothesis and results, what are some implications for marketing managers as they seek to improve the ROI of marketing expenditures on all forms of marketing communications
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Consider the following statements when answering this question I. Increases in the demand for a good, which is produced by a competitive industry, will raise the short-run market price. II. Increases in the demand for a good, which is produced by a competitive industry, will raise the long-run market price. I is true, and II is false. I and II are true. I is false, and II is true. I and II are false.
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Someone help me please.... I really appreciate
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Strategic trade policy Suppose there are only two producers of aircraft in the world, AirCraft in the United States and AirEurope in the European Union. The following hypothetical payoff matrices show the profits (in millions of dollars) for each company. In the absence of subsidies, if only one company makes aircraft, it receives a profit of $90 million. If both companies decide to produce, they each lose $2 million, when a company decides not to produce, it earns zero profit. Air Europe Produce Not Produce AirCraft Produce 2,-2 90,0 Not Produce 0,90 0, 0 Suppose that the European Union considers aircraft a strategic industry and gives AirEurope a $9 million subsidy if it produces Fill in the cells of the following payoff matrix to reflect the $9 million subsidy AirEurope Produce Not Produce AirCraft Produce Not Produce With a $9 million subsidy, regardless of whether AirCraft produces or not, AirEurope----------- produce if it wants to maximize its profit. Because AirEurope will enter the market if given a $9 million subsidy, AirCraft should also produce in this industry. a. True b. False
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