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I am Lyosha [343]
3 years ago
7

in economics, what is it called when individuals focus on perfecting a limited range of tasks, so as to become experts in those

specific areas?

Business
1 answer:
LekaFEV [45]3 years ago
6 0
THE ANSWER IS C SPECIFICATIONS
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Under a partnership agreement, sarah is to receive 25% of the partnership's income, but not less than $12,000. the partnership's
Rudiy27
Given: -
 Sarah's income = 25% of the partnership income but not less than $12,000.
 Net income of partnership for the year = $32,000.  
To find: -
 1) Amount that can be deducted by partnership as guaranteed payment.
 2) Income that Sarah is to report on her tax return. 
 Solution: -
 Partnership income = $32,000
 Sarah's share = 25% of 32000 = $8,000
 But Sarah must receive $12,000 (Shortfall $12,000-$8,000=$4,000)
 So, 1) $4,000 can be deducted by partnership as guaranteed payment.
 2) Income that Sarah needs to report on her tax return = $12,000.
6 0
3 years ago
We refer to the Federal Reserve as ?<br> “The b... b..”
antoniya [11.8K]

Explanation:

the federal receive the common thing

3 0
3 years ago
Which of the following answer options are your employer's responsibility? (OSHA)
Dmitrij [34]

Answer: A, B, and C. ALL OF THE ABOVE!

Explanation:

They're all the correct answer.

3 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,560,000. Cost of goods sold, administrative and selling expenses, and deprecia
scoundrel [369]

Answer:

Net income -$268,000

Operating Cash Flow $511,000

Explanation:

A. Calculation for the Net income

INCOME STATEMENT

Sales $2,560,000

Cost of goods sold $1,364,000

Other expenses $685,000

Depreciation $477,000

EBIT $34,000

Interest $302,000

Taxable income -$ 268,000

($34,000-$302,000)

Taxes (24%) 0

Net income -$268,000

CALCULATION FOR EBIT

Sales $2,560,000

LESS:Cost of goods sold ($1,364,000)

Other expenses ($685,000)

Depreciation ($477,000)

EBIT $34,000

Based on the information given we were told that we should ignore any tax loss which was why Taxes (24%) was $0

The taxes are zero since we are ignoring any carryback or carryforward provisions.

Therefore NET INCOME is -$268,000

B. Calculation for operating cash flow

Using this formula

Operating Cash Flow = EBIT + Depreciation - Taxes

Let plug in the formula

Operating Cash Flow= $34,000 + $477,000 - 0

Operating Cash Flow = $511,000

Therefore Operating Cash Flow is $511,000

3 0
3 years ago
The process of generating and choosing from a set of alternatives to solve a problem is called:________a. Intuition. b. Satisfic
MatroZZZ [7]

Answer:

c. Decision Making

Explanation:

In psychology, decision-making is considered a cognitive process that results in the selection of an idea or movement among other alternative or possible options. Each decision-making process, whether or not it results in a move, necessarily provides a final choice. To be defined, decision-making is when the decision-maker determines and selects alternatives based on their preferences and values. Decision making can be seen as a problem solving process that results in a satisfactory solution. Since this process is based on personal and / or publicly known information, the result may be rational or irrational. The performance of people, based on their decisions, has been the subject of research in several ways:

1) Psychological: evaluating people's decisions based on individual needs, preferences and values

2) Mental: decision-making is seen as a continuous process where communication with environmental factors is integrated.

3) Must be (normative): analysis of individual decisions, taking into account decision-making or communicative reasoning, and the constant, unchanging choices caused by these

Intuition - the term used in different meanings in philosophy, mysticism, esotericism and different doctrine systems.

Types of use:

1) In some philosophical trends, the search for the facts that cannot be grasped by reason is considered within the scope of intuition.

2) In spiritism, it is accepted that intuition is manifested by influences stemming from various factors rather than a person's own thought, which is usually a disembodied soul. For this reason, the spiritualists call the intuitive contact to the spiritual contacts in which the notifications containing high information are received.

3) According to gnostics and antiquity initiates, there are three kinds of information in the path of spiritual enlightenment, from which knowledge that can be learned through teaching is called mathesis, knowledge that can be acquired through feeling or suffering, and knowledge that can be learned through intuition is called gnosis. Initiations, the ones who reach the highest stage, that is, those who reach the initiation stage, are informed by transferring the intuition they receive through their surroundings. This initiation of the initiate is represented by the symbolism of the seed becoming a plant in some initiations, and the torch symbol in some initiations.

4) When the intuition called inspiration is reflected in word or writing style, it is called revelation. The word revelation is not only a term used for prophets. The term was known and used before the arrival of Islam in the Arabs.

Satisficing is a concept of decision theory that refers to the strategy that tries to meet the adequacy criteria, rather than finding an optimal solution.  The word satisficing is a neologism (more precisely, a fruit salad) coined by Herbert Simon composed of the English words "satisfy" = satisfaction and "suffice" = sufficiency.  Herbert Simon pointed out that humans lack the cognitive resources to maximize: usually they do not know how likely the various outcomes are, we can rarely evaluate all the results with sufficient precision, and our memory is weak and not very reliable.  A more realistic approach to rationality takes these limitations into account: limited rationality.

Bounded rationality is a concept that is observed in the case of incomplete or asymmetric information and suggests that people behave in a limited rational way instead of behaviors depicted as rational human behaviors in classical economic theory and that these movements do not have full knowledge about the market. Terms such as lemon problem, inverse selection problem, game theory and moral collapse are related to the concepts of limited rationality.

The Learning Orientation scale measures the tendency or habit of striving to increase your knowledge and skills; value the educational process as a means of achieving mastery of the task; be interested in complex activities; and the use of information retrieval as a personal strategy in solving problems.

5 0
3 years ago
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