Able enters into an agreement with Baker to buy a painting. Able is representing Carson, but Able does not tell Baker that he is representing anyone. Carson is a famous art collector, and he fears that if Baker knew Able was his agent, Baker would seek a higher price. When the deal falls apart later, who may be liable to Baker?

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?

In its first year of operations, sunland company recognized $30,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. the remaining $21,900 was received in cash from customers. the company incurred operating expenses of $18,600. of these expenses, $12,880 were paid in cash; $5,720 was still owed on account at year-end. in addition, sunland prepaid $3,270 for insurance coverage that would not be used until the second year of operations. (a) calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.

Select each of the reasons for becoming financially literate. saves you money reduces stress causes you to choose high-risk investments you make smart decisions reduces your risk of losing money you reach your goals