Answer:
The correct answer is letter "A": cognitive dissonance.
Explanation:
Social psychologist Leon Festinger (1919-1989) described cognitive dissonance as the situation in which individuals feel discomfort as the result of unmatched expectations and the events that took place. According to Festinger, individuals constantly look for consistency to confirm their beliefs are true. Besides, people tend to avoid inconsistency because they lead to disharmony.
Answer:
E) Valerie
Explanation:
Going by the information in the above question, Valerie gets the watch
According to the law, the Watch will belong to Valerie and not Billy, and for the reason that one cannot buy something from anyone which doesn't belong to them.
So, the initial transaction that took place with Theona and Andy was null and void as well as any subsequent transaction were also nullified.
Unemployed people usually buy fewer things.
Unemployed people may not be able to repay their loans.
Unemployed people may have to change their financial goals.
Answer:
2.2
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
18% = 7% + Beta × 5%
18% - 7% = Beta × 5%
11% = Beta × 5%
So, the beta would be
= 2.2
The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same has applied.
Answer:
Dr cash $12,180
Cr notes receivable $12,000
cr interest revenue $180
Explanation:
The cash receipt implies that the company cash has improved by $12,180 which means that a debit of $12,180 would be recorded in the cash account,since an increase in asset is a debit to the specific asset account.
On the other hand,notes receivable account that was previously debited when the transaction was consummated will now be credited with $12,000 with $180 credited to interest revenue account.
The rationale for credit entry in interest revenue is that an increase in income is naturally a credit entry in the books of accounts.
