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liq [111]
3 years ago
8

Everyday fresh is a retail outlet that sells its products at a discounted rate. it expands its product base to a new division th

at primarily sells stationery. jason buys a set of pencils and erasers and assumes that these products must have a discount too. this kind of reasoning is said to be ______. analogical reasoning deductive reasoning parallel thinking means-end analysis
Business
2 answers:
Goryan [66]3 years ago
8 0

He is following the Deductive Reasoning. In simple words, Deductive Reasoning is the process of reasoning or thinking from one or more characteristics of someone or something to reach at a conclusion about them.  

Like in this example, Everyday Fresh company sells its products at a discounted price, so it is very logical to think for someone that if the company opens up its new product base, that would also be at the discounted price.

So when Jason bought a set of pencils and eraser of Everyday Fresh company, he thinks that this would also be given on a discounted rate. This logical thinking is called as Deductive Reasoning.

otez555 [7]3 years ago
7 0
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices. 
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zvonat [6]

Answer:

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This is the reason why for them, both Capacity and Waterproof scores as high as 83% amongst the other factors that influence their demand for a backpack.

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3 0
3 years ago
An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the company does not prepare re
wel

Answer:

Dr Salaries Payable $3000

Dr Salaries Expense $3600

Cr Cash $6600

Explanation:

Preparation of the entries to record the $6600 payment of salaries in January of the following year.

Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:

Dr Salaries Payable $3000

Dr Salaries Expense $3600

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5 0
3 years ago
Your company is considering two investments: buying 10% of the sharesin a publicly traded American company that owns five power
sesenic [268]

Answer:

First project

Explanation:

The 2 options/ project been considered:

1. Buying 10% of shares in a publicly traded american company that owns five power generation units in Pakistan

2. To be partner with equal share with one private company in building a new power generation unit in Pakistan

The first option/project would have a higher required return because:

<em>-  This company is already settled in the country having five power generation units in Pakistan. All these units are running and making profit.</em>

<em>-  Investment Option 2 is high riskier as we do not know the details of the new company and there are so many unforeseen circumstances surrounding establishing such project in the company. It will also take time to establish in order to start make it profitable.</em>

6 0
3 years ago
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Viktor [21]

Answer:

this is cool this is amazing wow applause everyone

5 0
3 years ago
Read 2 more answers
Blossom Company purchased a machine with a list price of $168000. They were given a 10% discount by the manufacturer. They paid
mixer [17]

Answer:

$11,870

Explanation:

Given:

List price = $168,000

Discount = 10%

Shipping cost = $1,000

Sales tax = $6,500

Salvage value = $40,000

Useful life = 10 years

Now,

Purchasing price = List price - Discount

Purchasing price = $168,000 - [10% × $168,000]

Purchasing price = $168,000 - $16,800

Purchasing price = $151,200

Costs that are directly related to the purchase of asset are capitalized.

Thus,

Cost = Purchasing price + Shipping costs + Sales tax

Cost = $151,200 + $1,000 + $6,500

Cost = $158,700

Now,  

Annual straight line depreciation = \frac{Cost-Residual Value}{Useful life}  

Annual straight line depreciation = \frac{158,700 - 40,000}{10}  

Annual straight line depreciation = \frac{118,700}{10}  

Annual straight line depreciation = $11,870

8 0
3 years ago
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