If a principal is undisclosed, the agent may be liable to the principal for a third party's nonperformance of a contract.
Answer the following statement true (T) or false (F)
False
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The comparative balance sheets for Flagler Co for 2017 and 2016 indicate that accounts receivable decreased during 2017 . Flagler uses the indirect method of preparing the operating activities section of its statement of cash flows. How will the decrease in accounts receivable be reported on the statement of cash flows?
a. It will be included in the amount of cash and cash equivalents at the end of 2017. b. It will be deducted from net income in the operating activities section. c. It will be added to net income in the operating activities section. d. It will be reported as a cash outflow in the investing activities section.
Professionalism includes knowing how to contribute to a larger cause, and includes ________
A) Being positive B) Being ethical C) Being a team player D) Being dependable E) Being respectful
A company with a low asset turnover uses its assets more productively than one with a high asset turnover
Indicate whether the statement is true or false
Which of these changes would have no effect on which supplier is chosen in the output range of 0 units to 20,000 units?
A) Variable costs fall 10% for all bidders. B) Fixed costs rise 10% for all bidders. C) Companies A and B swap their figures for fixed costs. D) Companies C and D swap their figures for fixed costs.