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1 year ago

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Business

1 answer:

katovenus [111]1 year ago

7 0

Pierre engaging in such actions is known as rationalizing.

When a person rationalizes a decision they:

Try to prove that what they did isn't bad
Come up with some sort of reasoning to support their decision

Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.

He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.

Find out more at brainly.com/question/14453354.

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Jade puts a picture of a collection of rare sports memorabilia up for bids on BuyBay, an Internet auction site. Khalil makes the

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cyber fraud.

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Cyber fraud can be regarded as one the numeeous type of cybercrime fraud, it could be a deception or tricks in the use the Internet just to defraud people, stealing of victims information and other valuables. These could able hiding of information by the fraudster or giving fake information so he/she can rob victims online of their valuables.

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2 years ago

Suppose that you have $100 today and expect to receive $100 one year from today. Your money market

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Its C. 1.25

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2 years ago

The inflation rate over the past year was 3.8 percent. If an investment had a real return of 6.9 percent, what was the nominal r

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Answer:

Nominal rate of return= 10.96%

Explanation:

Inflation is the increase in the price level.It erodes the value of money.rise in the price of money

Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation.

Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation.

The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;

N = ( (1+R) × (1+F)) - 1

N- nominal rate, R-real rate, F- inflation

Nominal rate of return =(1.038)× (1.069) - 1 = 0.109622

Nominal rate of return = 0.109622 × 100 = 10.96%

Nominal rate of return= 10.96%

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3 years ago

Wells Company's delivery truck, which originally cost $70,000, was destroyed by fire. At the time of the fire, the balance of th

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Answer:

D) $17,500 gain.

Explanation:

Wells Company should record the following transactions:

Dr Cash account 40,000
Dr Accumulated Depreciation Vehicles account 47,500
Cr Vehicle account 70,000
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$40,000 in cash was received and the accumulated depreciation balance should equal to zero, therefore they must be debited.

The vehicles account balance should equal zero and the rest is gain on disposal, therefore they must be credited.

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2 years ago

Last year, The Pizza Joint added $6,230 to retained earnings from sales of $104,650. The company had costs of $87,300, dividends

Dmitrij [34]

Answer:

$2,503 = Depreciation Expense

Explanation:

Net profit = $6,230 that is amount added to retained earnings.

Net profit = Sales - Cost - Depreciation - Interest - Taxes - Dividends

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Costs = $87,300

Interest = $1,620

Earnings before depreciation and taxes = $104,650 - $87,300 - $1,620 = $15,730

Earnings after interest depreciation and taxes = $6,230 + $2,500 = Net profit + Dividend = $8,730

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(15,730 - Depreciation) - (15,730 - Depreciation) $\times$ 34% = $8,730

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$10,382 - 0.66 Depreciation = $8,730

$1,652 = 0.66 Depreciation

$2,503 = Depreciation Expense

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2 years ago