Fred hash worked for van stavern construction co. as a field supervisor in charge of constructing a new plant facility. hash entered into a con­tract with sutton’s steel & supply, inc., to provide steel to the construction site in several installments. hash gave the name of b. d. van stavern, the president and owner of the construction firm, instead of the firm name as the party for whom he was acting. the contract and the subsequent invoices all had b. d. van stavern’s name on them. several loads were delivered by sutton. all of the invoices were signed by van stavern employees, and corporate checks were made out to sutton. when sutton steel later sued van stavern personally for unpaid debts totaling $40,437, it claimed that van stavern had ratified the acts of his employee, hash, by allowing payment on previous invoices. although van stavern had had no knowledge of the unauthorized arrangement, had he legally ratified the agreement by his silence? discuss.

Which ranks these careers that employers are most likely to hire from the least to the greatest?

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept, the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year. to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.