Doug everett worked for columbia power as a consultant for businesses in reducing their power bills. columbia terminated doug and provided notice to all of his customers that doug was no longer working with columbia. a business that had heard about doug from one of his former clients called doug and asked him to with reducing power bills of their offices and plants. doug still had his materials from columbia and negotiated a contract with the business for columbia to provide certain equipment to the business and also for specific new rate plans for the business. columbia did not know of the agreement and now refuses to honor it. which of the following statements is correct? a. columbia is liable on the contract because columbia did not give general notice of termination. b. doug is liable on the contract, but not columbia. c. columbia is not liable on the contract with the business because doug’s actual (express and implied authority) had terminated. d. columbia is not liable because a former employee cannot negotiate contracts with customers after his termination.

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)

What are the factors that affects on the process of planning