Answer:
Explanation:
Had to use excel for this solution in order to make everything so clear and explanatory. check the picture attached below.
Answer:
Letter D is correct. <u> He desires to maximize gains and minimize losses.</u>
Explanation:
Homo economicus has as its central characteristic the rationality with which it makes its decisions. Through rational choice theory he is able to analyze situations where he can maximize perceived benefits and mitigate risks, through a systemic and fully rational process he is able to analyze available information that will determine possible short and long term gains and risks. term, and make your decision based on the possibility that will most attract rewards.
Answer:
b. patent infringement.
Explanation:
Patent infringement -
It refers to as illegal practice , where the various goods and services are produced without the permission of the patent holder , is referred to as patent infringement .
The practice can get the person to prison as well .
As a proper permission is required by the patent holder to produce the goods and services .
Hence , from the given scenario of the question ,
The correct answer is patent infringement .
Answer: The total expected cash receipts during March is $232000.
Explanation:
Given that,
Budgeted sales in January = $210000
Budgeted sales in February = $260000
Budgeted sales in March = $220000
40% of sales are for cash and rest 60% are on credit
Total cash receipts during march = cash sales in the month of march + Credit sales in the month of February + Credit sales in the month of march
= 40% of 220000 + 260000 × 60% × 50% + 220000 × 60% × 50%
= 88000+78000+66000
= $232000
Therefore, the total expected cash receipts during March is $232000.
Answer:
Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:
- Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
- The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
- Discount allowed to distributors which varies based upon the number of bottles purchased by them.
- Commission paid to wine salesperson which varies with respect to bottles sold.
