The statements are labelled as true or false regarding rationality as follows:
Statement Label
a. In a labeling module False
b. Choice of rational people True
c. Risk aversion is irrationality True
d. Mental accounting cannot
cause credit card overuse False
Rationality demands that a person's decision is based on logic or reason. Irrationality presupposes the absence of rationality or reason.
Again, there is no logicality in the first and fourth statements but rationality is observed in the second and third statements.
Thus, a good example of irrationality is risk aversion, which is also a risky gamble.
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What are human behavior in Organization?
Answer:
Organizational behavior is the study of how human behavior affects an organization.
The monthly demand for a part is 1,500 units.
(a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost.
Explanation:
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Assignment I
1. On March 1, 2020, Tahir Muktar, a famous businessman in Addis, opened a business named “Universal Garage” which is organized as a sole proprietorship. The business is established to render car repair, maintenance and related services for fees. Below are chart of accounts for and selected transactions completed by Universal Garage in March 2020.
a) Chart of accounts
Universal Garage
Chart of Accounts
100 ASSETS
110 CURRENT ASSETS
111 Cash
112 Accounts Receivable
114 Supplies
116 Prepaid Rent
117 Prepaid Insurance
120 PLANT ASSETS
121 Land
123 Machinery
123.1 Accumulated Depreciation-Machinery
125 Office Equipment
0.1 Accumulated Depreciation-Office Equipment
200 LIABILITIES
210 CURRENT LIABILITIES
211 Account Payable
213 Salaries Payable
216 Interest Payable
220 NON-CURRENT LIABILITIES
221 Long-term Bank Loan
300 OWNER'S EQUITY
301 Tahir, Capital
302 Tahir, Drawings
303 Incomes Summary
400 REVENUES
401 Fees Earned
410 Other Income
500 EXPENSES
501 Salary Expenses
502 Supplies Expenses
503 Rent Expenses
504 Insurance Expenses
505 Depreciation Expenses
506 Interest Expenses
510 Miscellaneous Expenses
b) Transactions
Mar 1 Received the following assets from its owner, Tahir:
Cash....................................... Br, 8,300
Supplies ................................. 2,000
Office Equipment................... 10,000
2 Borrowed Br 5,000 from Dashen Bank
3 Paid Br 1,800 for rent on a building leased for business purposes
3 Purchased welding and other repair machinery for Br 3,600 cash
4 Paid Br 200 for a radio advertisement
8 Sold for Br 200 cash an old office equipment with a recorded cost of Br 200
13 Paid weekly salary Br 1,200
16 Received Br 4,400 from services rendered on cash
20 Paid weekly salary Br 1,200
20 Received Br500 royalties for idle repair machinery it leased to other businesses
20 Delivered service on credit, Br 6,000
21 Purchased additional repair machinery on account for Br 2,000 from Sámi-Engineers
23 Received Br 5,000 additional cash investment from its owner
24 Repaid Br 1,000 bank loan and paid Br 100 interest on bank loan
26 Purchased supplies for Br 800 cash
27 Paid Br 100 for customer entertainment and other items
27 Paid weekly salary Br 1,200
31 Paid Br 500 for electricity and other utilities consumed during the month
31 Received Br 4,200 cash from credit customers
31 Paid Tahir Br 1,800 for personal uses
Required:
a) Journalize the above transactions in a two-column journal
b) Post the journal entries to “T” accounts
c) Prepare and complete a worksheet based on the following additional information
i. Cost of supplies remained unconsumed on Mar 31 is Br 900
ii. The amount paid on Mar 3 is for a three-month rent
iii. The amounts of depreciation for machinery and office equipment are estimated to be Br 560 and Br 1,900 respectively
iv. Universal Garage usually pays Br 1,200 for employee's salary every saturday for a six-day work week ended on that day
v. Interest on bank loan accrued but not paid on March 31 total Br 100
d) Prepare financial statements for the month
e) Journalize and post adjusting entries
f) Journalize and post closing entries
g) Prepare post-closing trial balance
Answer:
bla boa black sheep have u any wool no sir no sir
Which of the following is an example of unearned income?
Compensation received by a self-employed, freelance writer for services provided.
Interest earned on a savings account.
Tips.
Wages from a part-time job.
Answer:
c
Explanation:
Interest earned on a saving account represent the example of unearned income.
The following information regarding the unearned income is:
Unearned income means income i.e. not earned from regular employment.It is like a passive income like interest or any dividends from investments etc.Learn more: brainly.com/question/17429689
what is a current account?
Answer:
a bank account from which you can take out your money when you want, with a cheque book or cash cardExplanation:
HOPE IT HELPS
describe the 5 office layout.
Answer:
The five most popular would be the...
Cubicle Office layout. This is the most popular and is basically a box with an opening.
Open Office layout. This is several rows of large desks. By definition, it is not very enclosed.
Co-Working Office layout. Less common, these are offices rented out to employees by third parties.
Team-Cluster Office layout. For teams working on something, this is a good way to go. One table where you can easily work together on things with each other as you go.
Hybrid Office layout. This one is a mix of a few others and customizable to a workplace's specific needs. Some of these don't even feel like offices!
Several companies in the EU were importing safety footwear from Argentina. Specifically, thousands of pairs of steel-toed boots were being imported for end use by workers in hazardous industries, such as mining, construction, and manufacturing. The EU became concerned that the steel inside the footwear was not of the agreed upon quality and so it called upon the ________ to monitor and enforce the trade agreement.
The EU countries will call upon the World trade Organization to monitor and enforce the trade agreement.
World Trade Organization (WTO) is the international body that regulates the international trade between and among the world nations.
The WTO enables nations producers, exporters, importers to conduct their business around the world.
The WTO helps in administering trade agreement between nations, handles trade disputes and monitors national trade policies.
Therefore, in this question context, the European Union will call on the World trade Organization to monitor and enforce the trade agreement between the EU countries and Argentina.
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Which is a better deal on a $7.99 item:
HELP PLS what is the advantage of scholarships ??
A.most cover the full cost of tuition
B.There s no application required
C.they do not require payments
D.they provide very low-interest rates
Answer:
It helps in empowering your academic and career goals by removing the financial barrier. Getting a scholarship takes away all your financial concerns. Thus, it gives you more time to study, gain knowledge and secure better grades
Financial Benefit
As scholarships are essentially free money, students can instead focus on their careers instead of worrying about how they will repay their student loan. They also allow students to pursue subjects that require postgraduate training such as MBAs.
(C) I personally think
The main advantage of scholarships offered to attend tertiary institutions is that C.they do not require payments.
What are the advantages of scholarships?Scholarships reduce the amount of tuition fees that a student will have to pay thereby making schooling easier for them.
The advantage of this is that the student never has to pay it back which reduces the financial burden on the student.
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The park is very sentence or sentence fragment.
Bryant Manufacturing produces its product in two sequential processing departments. During October, the first process finished and transferred 310,000 units of its product to the second process. Of these units, 65,000 were in process at the beginning of the month and 245,000 were started and completed during the month. At month-end, 45,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that beginning work in process inventory is 30% complete for direct materials cost and ending inventory is 80% complete for direct materials cost.
The number of equivalent units of production for direct materials for the process for October is 326,500 units.
Given Information
Beginning work in process inventory = 65,000 unitsPercentage completion of beginning inventory = 30%Ending work in process inventory = 45,000 unitsUnits started and completed during the period = 245,000 unitsPercentage of completion of Ending work in process inventory = 80%Equivalent Units of Production (FIFO) = [Beginning work in process inventory x Percentage completion of beginning work in process inventory] + Units started and completed during the period + [Ending work in process inventory x Percentage of completion of Ending work in process inventory]
Equivalent Units of Production (FIFO) = [65,000 x 100%-30%} + 245,000 + [45,000 x 80%]
Equivalent Units of Production (FIFO) = 45,500 + 245,000 + 36,000
Equivalent Units of Production (FIFO) = 326,500 units.
Therefore, the number of equivalent units of production for direct materials for the first process is 326,500 units.
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Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000 Selling and administrative expenses, $119,000 Sales returns and allowances, $39,000 Gross profit, $499,000 Accounts receivable, $195,000 Sales discounts, $23,000 Allowance for doubtful accounts credit balance, $2,100 Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. What is the balance in the allowance for doubtful accounts after bad debt expense is recorded?
If Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000. Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. The balance in the allowance for doubtful accounts after bad debt expense is recorded will be: $11,280
First step is to determine the estimated bad debt expense
Bad debts expense=($459,000×2%)
Bad debt expense=$9,180
Now let determine the balance in the allowance for doubtful accounts after bad debt expense is recorded
Balance in allowance for doubtful accounts=$9,180+$2,100
Balance in allowance for doubtful accounts=$11,280
Inconclusion if Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $159,000 Credit sales, $459,000. Flyer estimates bad debt expense assuming that 2% of credit sales have historically been uncollectible. The balance in the allowance for doubtful accounts after bad debt expense is recorded will be: $11,280
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Harvey quit his job at State University, where he earned $62,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $4,000 a year. To start the business, he cashed in $50,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 10,000 units of software at $72 for each unit. Of the $72 per unit, $60 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building. The accounting profit of Harvey's firm in the first year was: _________
Answer:
Accounting profit = 120,000
Explanation:
Accounting profit = total revenue - explicit costs
Accounting profit = 72*10,000 - 60*10,000
= 720,000 - 600,000 = 120,000
The following information is for the Jeffries Corporation: Product A: Revenue $18.00 Variable Cost $14.00 Product B: Revenue $21.00 Variable Cost $13.00 Total fixed costs $143,000 What is the operating income of Jeffries Corporation, assuming actual sales total 35,600 units, and the sales mix is three units of Product A and one unit of Product B? A. $35,000 B. $321,000 C. $667,500 D. $178,000
Jeffries Corporation's Operating Income from the two products is A. $35,000.
The operating income is the difference between the revenue and operating costs (variable and fixed costs).
Data and Calculations:
Product A Product B Total
Revenue $18.00 $21.00
Variable cost 14.00 13.00
Contribution $4.00 $8.00
Fixed costs $143,000
Total sales units 35,600
Sales mix 3 1 4
Sales units 26,700 8,900 35,600
Total contribution$106,800 $71,200 $178,000
Total fixed costs 143,000
Operating income $35,000
Thus, the operating income is $35,000.
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Hàm số cầu của tảo hàng năm có dạng: Qd = 10 – P/2. Mùa thu hoạch năm trước là 8 ngàn tấn. Năm nay, thời tiết không thuận lợi nên lượng thu hoạch táo năm nay chỉ đạt 7 ngàn tấn ( táo không thể tồn trữ)
Answer:
am sorry plz write your question in English
On January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000. Seidel’s acquisition-date total book value was $1,700,000. The fair value of Seidel’s recorded assets and liabilities equaled their carrying amounts. However, Seidel had two unrecorded assets—a trademark with an indefinite life and estimated fair value of $245,000 and several customer relationships estimated to be worth $180,000 with four-year remaining lives. Any remaining acquisition-date fair value in the Seidel acquisition was considered goodwill. During 2021, Seidel reported $172,000 net income and declared and paid dividends totaling $50,000. Also in 2021, Ackerman reported $350,000 net income, but neither declared nor paid dividends. What amount should Ackerman assign to the 20 percent noncontrolling interest of Seidel at the acquisition date? How much of 2021 consolidated net income should be allocated to the noncontrolling interest? What amount of 2021 dividends should be allocated to the noncontrolling interest? What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021?
If on January 1, 2021, Ackerman Company acquires 80% of Seidel Company for $1,712,000 in cash consideration. The remaining 20 percent noncontrolling interest shares had an acquisition-date estimated fair value of $428,000:
How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $428,000 How much of 2021 consolidated net income should be allocated to the noncontrolling interest is $25,400 What amount of 2021 dividends should be allocated to the noncontrolling interest is $10,000What amount of noncontrolling interest should appear in the owners’ equity section of Ackerman’s consolidated balance sheet at December 31, 2021 is $443,400a) The Non controlling interest has to be recognized at fair value of the amount of $428,000 as on acquisition date
b) Income attributable to NCI of seidel company:
Net income earned bu siedel during the year 2021 $172,000
Less: Amortization of customer relationship asset ($45,000)
($180,000/4)
Net income earned after adjustment $127,000
($172,000-$45,000)
20% share attributable to NCI of seidel company $25,400
($127,000×20%)
c) Dividend allocation to Non controlling interest is 20% of the total dividend declared and paid
Dividend allocation =$50,000×20%
Dividend allocation =$10,000
d) Calculation of Non controlling interest as on December 31,2021:
Opening balance of NCI $428,000
Add: Income for year 2021 $25,400
Less: Dividend allocated ($10,000)
Closing balance of Non Controlling Interest $443,400
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Suppose you have the following information about a fictitious economy. Assume there are no taxes in this economy. Disposable Income and Consumption Disposable Income (dollars) Consumption (dollars) $0 $9,000 8,500 15,500 18,500 22,000 28,500 28,500 38,500 35,000 48,500 41,500 Instructions: In parts a and c, enter your answers as a whole number. In part b, round your answers to two decimal places. a. What is the equilibrium level of consumption
The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
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Anong ahensya kaya ng gobyerno ang dapat makialam sakasong ito?
DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES(DENR)
Huff Company presents the following items derived from its December 31, 2019, adjusted trial balance:
Sales (net) $124,000 Operating expenses $30,400
Interest expense 3,700 Common stock, $5 par 22,000
Cost of goods sold 66,200 Retained earnings, 1/1/201 945,800
The following information is also available for 2019 and is not reflected in the preceding accounts:The common stock has been outstanding all year. A cash dividend of $1.28 per share was declared and paid.
Land was sold at a pretax gain of $6,300
Division X (a major component of the company) was sold at a pretax gain of $4,700.
It had incurred a $9,500 pretax operating loss during 2019.
A tornado, which is an unusual event in the area, caused a $5,400 pretax loss.
The income tax rate on all items of income is 30%.
The average shareholders' equity is $90,000.
Required:
a. Prepare a 2016 multiple-step income statement for Huff.
b. Prepare a 2016 retained earnings statement.
Answer:
letter a.po sagot diyan
What is sociology? Types sociology
The two major types of sociology that emerged were qualitative sociology and quantitative sociology. ... Today, most universities use both qualitative and quantitative methods of inquiry, and one method is not necessarily better than the other.
▪▪▪ Cutest Ghost▪▪▪Phân tích điều kiện bản thân với tư cách là người chủ doanh nghiệp
Answer:
iwan ko load anong subject bayan hahahsha
A truck driver is operating a brand-new 18-wheel tractor-trailer rig at a lawful speed on an interstate highway. The spare tire under the rig breaks free, bounces, then caroms into a nearby subcompact car which was also moving at a lawful rate of speed. The driver of the subcompact car sues the truck driver, the truck driver's employer, and the owner of the leased 18-wheel rig for negligence in securing the spare tire properly. At trial, evidence is introduced that the cradle holding the spare tire showed no signs of damage or wear. The truck driver testified that chains had been wrapped around the spare tire to hold it even tighter to the cradle. After the lawyer for the car driver has presented all the evidence used to support the car driver's case, counsel for the defendant moved for dismissal on the grounds that the plaintiff had failed to show sufficient evidence that the defendants breached a duty of care. Would you expect the court to grant his motion? Why or why not?
Answer:
6
Explanation:
Yes, the court will grant the defendant's lawyer's motion.
What is court?A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues
.As depicted in the instance, the truck driver drove the brand-new 18-wheel tractor-trailer at a permissible speed while on duty. The defendant is accused of being careless in ensuring the safety of the spare tire by the truck driver, the truck driver's employee, and the owner of the rented 18-wheel rig.
Therefore, Yes, the court will grant the defendant's lawyer's motion
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EBIT of $2 million, total assets of $10 million, stockholders’ equity of $4 million, and pretax interest expense of 10 percent. What is AQ&Q’s indifference level of EBIT? Select one: a. $2.0 million b. $1.78 million c. $1.0 million d. $1.5 million
c $1.0 million
Explanation:
if wrong answer
What benefits will the promotion of consumption and sales revenue bring to businesses?
Answer:
Bankrupt rawr dollars pesos yen won yuan
Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available:
Quantity of direct labor used 5,000 hrs.
Actual rate for direct labor $22.75 per hr.
Bicycles completed in October 800 bicycles
Standard direct labor per bicycle 6.0 hrs.
Standard rate for direct labor $24.00 per hr.
Requried:
a. Determine for October the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. How much direct labor should be debited to Work in Process?
Nội dung bài nộp:
- Một biên bản thỏa thuận với các vai trò và trách nhiệm
- Ba báo cáo trạng thái theo yêu cầu lưu trữ hồ sơ: 25%, 50% và 75%.
- Báo cáo quản lý rủi ro: các yêu cầu thay đổi và / hoặc nhật ký vấn đề
- Dự thảo chuyển giao đảm bảo được chất lượng dự án.
- Các sản phẩm cuối cùng của dự án.
Citee Corp. has no debt but can borrow at 6.7 percent. The firm’s WACC is currently 9.5 percent, and the tax rate is 24 percent. a. What is the company’s cost of equity? b. If the firm converts to 30 percent debt, what will its cost of equity be? c. If the firm converts to 60 percent debt, what will its cost of equity be? d-1. If the firm converts to 30 percent debt, what is the company’s WACC? d-2. If the firm converts to 60 percent debt, what is the company’s WACC?
While in Chicago for a weekend, Tony's friend suggests that he eat at Michael Jordan's restaurant. Tony is confused as to why Michael Jordan has a restaurant if he isn't a chef. What is likely Michael Jordan's involvement in his restaurant as he is not a chef?
a. He may have financially invested in it, and he has lent his name to the establishment.
b. He is likely learning to cook from the chefs at his restaurant.
c. He likely manages the kitchen on a daily basis.
d. He likely has no involvement, and the owners just used his name.
A is the correct awnser
Question 9
A wage is a specific amount of money paid per
Answer:
a wage is a specific amount of money paid per business day
A stock is expected to pay annual dividends forever. The first dividend is expected in 1 year and all subsequent annual dividends are expected to grow at a constant rate annually. We know that the dividend expected in 2 years from today is $4.76 and the dividend expected in 5 years from today is expected to be $6.63. What is the dividend expected to be in 3 years from today