Answer and Explanation:
1> Let's solve the standard economic model first based on rational expectation.
Since the medium willingness to pay is $5, we can assume half the people have more willingness to pay than $5 and half the people have less. (Since it's a large class, we can assume this)
So, half of them who got the mug will sell, according to standard theory.
2> Now behavioral economist will disagree. People who got the mug, get an emotional and nostalgic attachment with it, thus they would not like to sell it because they get utility after having something, so by behavioral theory, less than half of pupils who got the mug will sell.
Answer:
The correct answer is True
Explanation:
In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.
In other words, the equivalent units is shown thus:
Equivalent units =100000 units*20%
Equivalent units =20000 units
This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.
Answer:
Priscilla's homemade dividend per share be in 2017 will be $3.585
Explanation:
In order to calculate what will be Priscilla's homemade dividend per share be in 2017 we would have to use the following formula:
homemade dividend=(Dividend in 2016×(1+Required rate))+Dividend in 2017
homemade dividend=($1×(1+8.5%))+$2.50
homemade dividend=$1.085+$2.50=$3.585
Priscilla's homemade dividend per share be in 2017 will be $3.585
Answer:
The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.
Explanation:
Now lets take a closer look at it.
Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!
Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!
Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?
Option E is somewhat acceptable. yet comparing with the option D, its not that much suitable. If the employees are already in doubt, it is unlikely that this option will work.
So, if option D is working, what are the non financial incentive that we can use to motivate our employees?
- Job Enrichment: Enrich their jobs with more responsibilities and by giving them more powers.
- Job Rotation: Employees get bored if they do the same work for a long period of time, changing the nature of the job they do is a good option in this case.
- Offer them leadership opportunities to develop in their career
- Recognize their contributions and efforts and appreciate them.
- Give your employees more autonomy and freedom
Answer:
Accounts payable (opening) = $ 45000.
Account rec during year = $464570
Cash payment during year = $351570.
Explanation:
As we know that:
Account payable (open) + Purchases - Accounts payable(end) = Paid cash
Accounts payable (open) + 201400-59900= 186500
Accounts payable (open)= 186500+59900-201400
= $45000.
As we know that:
Account receivables (open) + A/c receivable during year - A/c receivable (end)=Cash collected.
A/c receiable during period= 449600-115800+130770
= $464570.
As we know that:
Cash (open) + Cash collected - Cash (end)= Cash payment during period.
46200+248600 - 56770 = Cash payments during year.
Cash payment during year = $351570.
