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babunello [35]
2 years ago
7

Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar

e Mike's choices?
Business
1 answer:
Vikentia [17]2 years ago
3 0
Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.

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As product adopters in the diffusion of innovation, members of the early majority Group of answer choices
Luden [163]

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

  • Innovators: <em>venturesome, higher educated, use multiple information sources. </em>
  • Early adopters:<em> leaders in a social setting, slightly above average education. </em>
  • Early majority:<em> deliberate, many informal social contacts. </em>
  • Late majority:<em> skeptical, below-average social status. </em>
  • Laggards:<em> fear of debt neighbors and friends are information sources.</em>
7 0
3 years ago
Yucca Co. updates its inventory periodically. The company's beginning inventory was $4,860 and purchases were $10,080 during the
erastovalidia [21]

Answer:

the cost of goods sold is $5,940

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold is

= beginning inventory + purchase made - ending inventory

= $4,860 + $10,080 - $9,000

= $5,940

Hence, the cost of goods sold is $5,940

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0
3 years ago
Payback period computation; even cash flows LO P1
uranmaximum [27]

Answer:

A. 2.2 years

B. 3.6 years

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback = amount invested / annual cash flows

Payback period is calculated using cash flows. So, the net income has to be changed to cash flows by adding back depreciation.

For the first machine

Straight line depreciation expense = (Cost of asset - salvage value) / number of years

( $520,000 - $10,000) / 6 = $85,000

Cash flow = $85,000 + $150,000 = $235,000

For the second machine, depreciation = ( $380,000 - $20,000) / 8 = $45,000

Cash flow = $45,000 + $60,000 = $105,000

Payback period for machine a = $520,000 / $235,000 = 2.2 years

Pay back period For machine b =

$380,000 / $105,000 = 3.6 years

I hope my answer helps you

3 0
3 years ago
In addition to being charged a fee, what is another possible consequence of a overdraft?
emmasim [6.3K]

Answer:

loss of money

Explanation:

8 0
3 years ago
Read 2 more answers
The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation exp
strojnjashka [21]

Answer:

$505

Explanation:

Armstrong Company

Cash flow from operating activities

Adjustments to reconcile net income to operating cash flow.

Net income

$450

Less : Increase in plant and equipment

($170)

Add : Depreciation expenses

$80

Add : Payment of dividends

$10

Add : Decrease in accounts receivable

$20

Add : Increase in long term debt

$100

Less : Increase in Inventories

($15)

Add : Decrease in Account payable $30

Net Cash flow from operating activities

$505

8 0
3 years ago
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