When every economic unit achieves its own particular goal, perhaps by delivering something of value to others, it is referred to as ___self-interest___.
<h3>What is self-interest?</h3>
Self-interest is an action motivated to achieve personal goals or advantages. According to Adam Smith, when individuals pursue their self-interests, they satisfy the general public by providing some goods or services in exchange.
Thus, when individuals or every economic unit achieves its self-directed goals, they usually satisfy their self-interest while delivering something of value to others.
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Answer:
Net Income available to common stockholders = $1075000
Explanation:
The preferred stock holders have a preference over the common stockholders in the distribution of dividends as they are paid before the common stock holders and receive a fixed amount of dividend. However, the net income that is available to common stock holders is all the net income that is left after deducting the preferred stock dividend from it.
Thus, the net income available to common stockholders can be calculated as,
Net Income available to common stockholders = Net Income - Preferred stock dividend
Net Income available to common stockholders = 1250000 - 175000
Net Income available to common stockholders = $1075000
The answer is trough. In economics, it is a low decision point or a local minimum of a business cycle. The time fruition of many variables of economics display a wave like performance with local maxima or also known as peaks subsequent to local minima or troughs. A business cycle may be demarcated as the period between two successive peaks.
Learning by doing contributes to a firm's <u> explicit cost</u>
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Explicit costs are normal operating costs that appear in your general ledger and have a direct impact on your company's profitability. Explicit costs clearly define the amount entered in the income statement. Examples of explicit costs are wages, rent, utilities, raw materials, and other direct costs.
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Explicit costs (also known as accounting costs) are easily identified and linked to the business activities of the company to which the costs are assigned. They are recorded in the company's general ledger and are included in the expenses recorded in the income statement. A company's net income (NI) reflects the residual income that remains after all explicit costs have been paid.
Explicit costs are the only accounting costs required to calculate profits, as they have a clear impact on a company's profits. Explicit cost metrics are especially useful for long-term strategic planning by an enterprise.
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Answer:
Organizing a focus group.
Explanation:
A formal research method follows a set of characteristics. It must be <em>systematic, organizational, involve question and find answers.</em>
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Organizing a focus group follows all these characteristics and involves getting feedback from a group of people directly relevant to the research interest. In organizing a focus group, a number of steps should be followed:
- Define the goals to be met
- Define the target audience
- Find an appropriate venue
- Recruit research group members
- Develop the questionnaire
- Moderate the group
- Analyze your results