Answer:
The tend and befriend response
Explanation:
The word "tend" refers to care and look after someone while "befriend" refers to becoming friends with someone.
The tend and befriend response refers to a form of behavior in response to a threat. When under immense stress, an individual adopts a fight or flight response which is getting extremely aggressive in order to fight the situation or flees i.e tries and runs away from the situation.
The tend and befriend response has been observed to be more prominent in case of females. So when subjected to immense stress, it was observed that females spent a lot more time "tending" to their off springs which appeared vulnerable to them, serving as a mode to reduce stress while at the same time, also forming friendly bonds to seek support from others.
The appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.
<h3 /><h3>Journal entry</h3>
The correct entry to record the transaction is:
November 17
Debit Cash $7,840
(98%×$8000)
Debit Sales discount $160
(2%×$8000)
Credit Account receivable $8,000
Therefore the appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.
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Answer:
$1,104.68
Explanation:
The payment applicable to the future value of the annuity due can be determined using the future value formula for the annuity due provided below by rearranging the formula such payment is made the subject:
FV=monthly payment*(1+r)^n-1/r*(1+r)
FV=future value=$120,000
monthly payment=unknown(let us assume it is MP)
r=monthly interest rate=7%/12=0.005833333
n=number of monthly payments in 7 years=7*12=84
$120,000=MP*(1+0.005833333)^84-1/0.005833333*(1+0.005833333)
$120,000=MP*(1.005833333)^84-1/0.005833333*(1.005833333)
$120,000=MP*(1.629994009
-1)/0.005833333*1.005833333
$120,000=MP*0.629994009
/0.005833333*1.005833333
$120,000=MP*108.628973152
MP=$120,000/108.628973152
MP=$1,104.68
Answer:
anchoring
Explanation:
The anchoring bias refers to the psychological tendency to favor the first data given to us or the first information that we know.
This applies to situations where you are the supplier of labor or the seller of goods. When you suggest an initial salary, your recruiter or future employer will use the amount you tell him/her as the reference. In this case, since the number is just in between $50,000 and $60,000, the employer will consider that salary range. Instead, if you just change the salary by a small bit, to $55,500, the employer will consider a higher range. Generally employers will try to negotiate down to feel that they made a good deal.
The anchoring bias is usually a very successful sales technique because consumers tend to fix a normal price and compare it to a sales or discount price and believe that the discount is significant.