A doctrine under which a principal or an employer is held liable for the wrongful acts committed by agents or employers while acting within the course and scope of their employment is called:
Q: Given the following information, calculate the weighted average cost of capital for Puppet…
A: The Weighted average cost of capital (WACC) refers to the overall cost of capital to discount a…
Q: m with an
A: The interest on the debt is already given. Multiplying respective weight with the interest rate,
Q: What percent of the average worker's preretirement earnings is replaced by Social Security?,…
A: Social Security is a social insurance program in the United States that provides financial support…
Q: (Cost of commercial paper) Tri-State Enterprises plans to issue commercial paper for the first time…
A: Commercial notes, also known as commercial paper, are short-term unsecured promissory notes issued…
Q: The stock is currently selling for $15.25 per share, and its noncallable $1,000 par value, 20-year,…
A: The cost of equity pertains to the percentage of profit that shareholders demand in order to possess…
Q: 17-9. (Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit…
A: The formula for calculating the effective annualized cost of foregoing the trade credit discount is
Q: As of 2015, farms were taxed at 10 percent for income up to $46,000; at 24 percent for income…
A: Tax is computed at a certain rate on different slabs of income . In a progressive tax system, the…
Q: The city council voted on a new tax. The council has 35 members and 20% of the council members voted…
A: Answer: Following information are given: No. of members in council = 35 Percent of member voted…
Q: Issue No. xxxx of T-Bills is available for sale at a discount of 6.22%. The face value of the bills…
A: Here, Discount Rate is 6.22% Face Value of T-Bill is 75,000,000 Maturity Period is 90 days Note: As…
Q: 5. Research and list 3 examples the BAS related services that a registered BAS agent is authorised…
A: BAS stands for Business Activity Statement, which is a tax reporting requirement for businesses in…
Q: Suppose that the US treasury issues a Treasury bill with a one-year maturity. The T-bill sells in…
A: Current price of a security maturing in year 1 is known. The yield to maturity is to be determined.
Q: The current price of a non-dividend-paying stock is $30. Over the next six months it is expected to…
A: Formula of risk neutral probability is : p = erT - du - dwhere,p =risk neutral probability…
Q: A financial institution has entered into an interest rate swap with company X. Under the terms of…
A: Interest rate swap is a derivative contract by which 2 parties agree to exchange one stream of…
Q: Question 6 An investment scheme promises to increase the amount invested by 10 times over a period…
A: An investor represents a person or entity that invests a sum of amount for a corporation with the…
Q: Which of the following statements regarding fundamental analysis is NOT true? O a. Fundamental…
A: Fundamental analysis is a method of security valuation that involves the evaluation of a company's…
Q: A 10,000 par value 10-year bond with coupons is bought at a premium to yield effective rate of 6%.…
A: A bond is a debt security issued by a government or corporation to raise capital. When an investor…
Q: Problem 8-08 A company had $20 of sales per share for the year that just ended. You expect the…
A: As per the given information: Sales = $20Growth in sales= 6.5%Growth in perpetuity = 3.5%ROE =…
Q: In the history of the United States, interest rates usually rise during expansions. expansions,…
A: Interest rates during expansion During the expansion state of economy, the demand for money…
Q: Forrester Company is considering buying new equipment that would increase monthly fixed costs from…
A: The contribution margin ratio is a financial metric that indicates the percentage of each dollar of…
Q: Which of the following is NOT an advantage of starting a partnership rather than a sole…
A: Choosing the right business structure is an essential decision for any entrepreneur. A sole…
Q: 64. You purchased a 10-year 5.75% (annual payment) coupon bond at par yesterday. What will be your…
A: In a typical purchase and sale transaction of a bond, the realized annual compound return needs to…
Q: Donna recently invested in real estate with the intention of selling the property one year from…
A: Expected return is the anticipated return on investment based on historical returns. expected return…
Q: Suppose that you purchased a Ba rated $5.000 annual coupon bond with an 14.3% coupon rate and a…
A: An entity may raise funds from multiple sources, one such source is bonds. The bonds allows entities…
Q: Example: You will receive three payments: $1,000, $2,000 and $3,000 on March 1, May 1 and December 1…
A: Due Date Amount receivedMarch 1 Amount received on March 1=$1,000May 1 Amount received on May…
Q: The basis of property that passes through a decedent's estate is stepped-to the fair market value of…
A: In order to ensure that the heirs receive the asset's genuine market value, some estate planners…
Q: A firm attempts to gain market share from its competitors by improving its manufacturing efficiency…
A: An offensive differentiation strategy involves creating a unique product or service that stands out…
Q: USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING TWO (2) QUESTIONS Ruff Motors needs to select an…
A: The given details related to the two options, A & B are:Required: Calculate the equivalent…
Q: (Calculating free cash flows) Spartan Stores is expanding operations with the introduction of a new…
A: Free cash flow refers to the remaining amount after deducting the payment of operating expenses and…
Q: What is the goal of the financial manager? How does the surrounding community where a business…
A: An organization's financial management is in charge of preserving its financial stability. They…
Q: Analyzing the changes in cost structure and profitability based on different strategic scenarios is…
A: Analyzing changes in cost structure and profitability based on different strategic scenarios is a…
Q: A minority interest in a close corporation is usually valued at a discount for which of the…
A: Minority interest is frequently apparent when a firm is held by a small number of shareholders or…
Q: (Type A) If a fully amortizing 30-year fixed-rate mortgage was originally taken at $300,000 with 6…
A: Here, Loan Amount is $300,000 Remaining Loan Amount is $100,000 Interest Rate is 6% Time Period is…
Q: Cash break-even analysis Multiple Choice O is important when analyzing long-term profitability. None…
A: Cash breakeven point is that point at which sales revenue is equal to expenses or operating cash…
Q: A company's stock is trading at $30 a share. Call options on the company's stock are also available,…
A: The question is asking about the value of call options with different strike prices for a company's…
Q: Motto, Corp, issued a 10-year bond with a face value of $1,000, coupon rate of 8.6% and a required…
A: Time = t = 10 years Face value = fv = $1000 Coupon rate = 8.6% Required rate of return = r = 7.6%…
Q: You predict that interest rates are about to fall. Which bond will show the biggest price increase?…
A: When interest rates fall, bond prices generally rise. The extent of the price increase, however,…
Q: a. entering cash sales to customers * b. entering a customer's NSF cheque c. entering deposits from…
A: Cash receipt journal It is a journal, used to keep record of the sales items, when cash against it…
Q: 4. On April, a trader sold 10 July sugar futures and purchased 10 September sugar futures, with…
A: The given details related to the sugar futures contract are:MonthPositionContractPriceNo. of…
Q: Anna Conda purchased a new Toyota Tundra pickup truck for $41,000 and financed $38,000 with a 4…
A: Loan amount = $38,000 Interest rate = 6.0% Period = 4 years
Q: * 25)A property is being sold for $95,000 with the buyer is assuming an existing mortgage of $48,565…
A: The Illinois State transfer stamp rate is $0.50 per $500 of the purchase price. The purchase price…
Q: An investor wants to find the duration of a(n) 25-year, 9% semiannual pay, noncallable bond that's…
A: To find the new price of the bond if the market interest rate decreases by 200 basis points (or 2%),…
Give typing answer with explanation and conclusion
Step by step
Solved in 2 steps
- Vicarious performance is where a. a third party performs an obligation in place of another person who is ultmately liable for a proper performance b. an employee performs an obligation inplace of another employee and the performing employee is liable for proper performance c. parties to a contract enter into another agreement that has the effect of transferring the liability to perform to a third party d. an employer performs an obligation in place of its employee and is liable for proper performance e. parties to a contract agree to terminate a contract and substitute a new contract in place of the old one.Culpa aquiliana as distinguished from culpa contractual: Proof of due diligence in the selection and supervision of employees is not considered a defense. Proof of the contract and its breach is sufficient to warrant recovery. The negligence of the defendant is only an incident in the performance of the obligation. The source of liability is the negligent act of the person causing damage to another.A common law employee-employer relationship exist: when the employer has the right to specify the end result and a. when the employee has the right to specify the end result and the ways and means by which the that result is to be attained. b. when the employer has the right to specify the end result and the ways and means by which the that result is to be attained. c. when neither the employer or the employee has the right to specify the end result and the ways and means by which the that result is to be attained. d. none of the aboe.
- Section 188 of the LRA provides the means by which a dismissal can be determined to be fair or unfair. In the event of a claim that an employee was unfairly dismissed, what proof is an employer required to provide in order for the dismissal to be deemed fair?Which type of deduction does not require the employer to have the employee's written permissi O Company-compulsory deductions O Legal deductions O voluntary deductions O All of the aboveemployee’s employment as a result of either: I. An entity’s decision to terminate an employee’s employment before the normal retirement date. II. An employee’s decision to accept an offer of benefits in exchange for the termination of employment. III. An employee’s decision to terminate an employee’s employment before the normal retirement date. IV. An entity’s decision to accept an offer of benefits in exchange for the termination of employment. III and IV I and III II and IV I and II
- The following are grounds for liability to pay damages, except: a. Negligence b. Fraud c. Contravention of the tenor of the obligation d. AdvanceUnder the Ultramares rule, to which of the following parties will an accountant be liable for ordinary negligence? Parties in privity and/or Foreseen partiesthe ONLY exclusion to the right of recovery of benefits as the employers ... a) mini tort claim b) punitive damages claim c) intentional tort d) unintentional tort
- An employee has the right to receive compensation for future paid leave, and the payment of compensation is probable. If the obligation relates to rights that vest but the amount cannot be reasonably estimated, the employer should a. Accrue a liability with proper disclosure. b. Not accrue a liability nor disclose the situation. c. Accrue a liability; however, the additional disclosure is not required. d. Not accrue a liability; however, disclosure is requiredmay an action arising from negligence be waived? explainGenerally, the auditor could be legally liable under? Select one: a. contract law but not under the tort of negligence to third parties b. the tort of negligence to the client and contract law c. the tort of negligence but not contract law to the client d. contract law to third parties and to the client