answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pshichka [43]
2 years ago
3

Mavis is a buyer's agent working with Blaine, an unrepresented seller. Mavis's buyer, Cintra, makes an offer on Blaine's propert

y. Mavis assists Blaine with the paperwork. What's Mavis's relationship to the parties?
Business
1 answer:
Elis [28]2 years ago
3 0

Answer:

She's an agent to Cintra and the seller(Blaine) is her Customer

Explanation:

Mavis is an agent to Cintra. She wants to make a purchase from Blaine (a seller) on behalf of her principal (Cintra).

The principal refers to an individual who hires another person to carry out a specific task or function on their behalf. The principal should honor any contract made with the agent.

An agent on the other hand, refers to a person who has been hired by the principal to perform a task or function.

An agent is expected to act in the interest of the principal and also must be competent enough to handle the task assigned to them.

You might be interested in
You expect KT Industries (KTI) will have earnings per share of $3 this year and expect that they will pay out $1.50 of these ear
EastWind [94]

Answer:

Growth rate  = 7.50%

Explanation:

Given:

Return on investment = 15%

Retention ratio = [1.5 / 3] 100 = 50%

Find:

Growth rate

Computation:

Growth rate  = Return on investment*Retention ratio

Growth rate  = 15% x 50%

Growth rate  = 7.50%

5 0
2 years ago
Assume that a six-firm cartel supplies 500 million units of Whatailsya energy drink at a price of $5.00 per unit. Each firm supp
bazaltina [42]

Answer:

<u>The net gain for the firm cheating the cartel is US$ 183 million (rounding the answer to the nearest million).</u>

Explanation:

1. Let's review all the information provided for solving this case:

Number of firms that supply  Whatailsya energy drink = 6

Amount of production of the cartel of six firms = 500 million units

Price of the energy drink = US$ 5

Amount of production of the firm that decided to break the cartel = 50 million extra units

Price after the extra production is sold = US$ 4.50

2. Let's find the individual production of each firm before and after the 50 million extra units and the net gains for the cheating firm.

Individual production of each firm of the cartel = Amount of production of the cartel/Number of firms

Individual production of each firm of the cartel = 500 million units/6

Individual production of each firm of the cartel = 83.33 million units

Individual sales of each firm before the 50 million extra units = Individual production * Price of the energy drink

Individual sales of each firm before the 50 million extra units = 83.333 million * 5

Individual sales revenue of each firm before the 50 million extra units = US$ 416.666 million

New production amount of the firm cheating the cartel = 83.333 + 50

New production amount of the firm cheating the cartel = 133.333 million units

Price of the energy drink after the extra production is sold = US$ 4.50

New sales revenue of the firm cheating the cartel = New production amount * Price of the energy drink after the extra production is sold

New sales revenue of the firm cheating the cartel = 133.333 million * 4.50

New sales revenue of the firm cheating the cartel = US$ 600 million

Net gain of the firm cheating the cartel = New sales revenue of the firm cheating the cartel - Individual sales of each firm before the 50 million extra units

Net gain of the firm cheating the cartel = 600 million - 416.666 million

Net gain of the firm cheating the cartel = 183.333 million

<u>Net gain of the firm cheating the cartel = US$ 183 million (rounding the answer to the nearest million)</u>

6 0
2 years ago
Sunset Travel Agency specializes in flights between Toronto and Jamaica. It books passengers on OshawaOshawa Air. Sunset's fixed
coldgirl [10]

Answer:

Explanation:

Break even point=fixed cost/ contribution margin per unit

Units to be sold to get target operating income=(fixed costs+ target operating income)/contribution margin per unit

1. Revenue=10%×1600=$160 per ticket

Contribution per ticket=$100-$42=$58 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$58=508.6 tickets

Units to be sold to get target operating income:(29500+$12000)/$58=715.5 tickets

2. Revenue=10%×1600=$160 per ticket

Contribution per ticket=$100-$35=$65 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$65=453.8 tickets

Units to be sold to get target operatig income:(29500+$12000)/$65=638 tickets

3.

Revenue=$50 per ticket

Contribution per ticket=$50-$35=$15 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$15=1966 tickets

Units to be sold to get target operating income:(29,500+$12,000)/$15=2766 tickets

4.

Revenue:$55(fixed comission fee)+$5(delivery fee)=$60 per ticket

Contribution per ticket=$60-$35=$25 per ticket.

Fixed cost=$29,500

Break even units:$29,500/$25=1180 tickets

Units to be sold to get target operating income:(29,500+$12,000)/$25=1,660 tickets

3 0
2 years ago
American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate
Vinvika [58]

Answer:

c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

Explanation:

  • Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
  • In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
3 0
2 years ago
You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year
romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0
2 years ago
Other questions:
  • When configuring a group of radio button form controls, the value of the ________ attribute on each radio button must be the sam
    6·1 answer
  • Which of the statements below is not evidence that job lived during the patriarchal period? job's riches were expressed in terms
    10·2 answers
  • Suppose you want to play a carnival game that costs 7 dollars each time you play. If you win, you get $100. The probability of w
    13·2 answers
  • Brief Exercise 6-02 Tamarisk, Inc. took a physical inventory on December 31 and determined that goods costing $190,000 were on h
    13·1 answer
  • Scenario 34-2. The following facts apply to a small, imaginary economy.• Consumption spending is $6,720 when income is $8,000. •
    6·1 answer
  • "Google employs the practice of team building and rewards ideas that are outside the box. They are likely to have ________ compa
    8·1 answer
  • 3)During a routine market study conducted by CL Foods, it was noted that Chinese and Indian food products were in high demand in
    6·1 answer
  • High self-monitoring consumers probably prefer ads that contain _____. text focusing on the benefits of the product or service v
    14·1 answer
  • University of Florida football programs are printed 1 week prior to each home game. Attendance averages 75 comma 000 screaming a
    14·1 answer
  • _____________, is the measure of how popular a product is. a) Marketability b) Profitability c) Popularity d) Consumability
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!