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Vlad1618 [11]
3 years ago
9

Eduardo’s new company wanted to be transparent about all their products, so he chose to market his cleaners as 30 percent toxic

and 90 percent effective. His brother, Marco told him that his idea would not work, but Eduardo said he was going to stick to his idea. He is using his hindsight bias.
True or False?
Business
1 answer:
givi [52]3 years ago
7 0

Answer:

The correct option is false.

Explanation:

Knowing the past inclination is said to exist when an individual overestimates his/her capacity of foreseeing the results of any occasion which are by difficult to be anticipated.  

For instance, an individual X anticipating the triumph of Indian group as the consequence of India-Australia cricket coordinate. In spite of the fact that the Indian group may dominate the game, yet that was not a result of the expectation of individual X's forecast.  

Here, Eduardo isn't anticipating any results, however is adhering to being honest and straightforward to his clients. Henceforth, knowing the past predisposition doesn't exist.

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20 pts.<br><br> When would it be better to use business emails?
pychu [463]
It would be better when doing business .
3 0
3 years ago
Read 2 more answers
Vessels Corporation's net income for the most recent year was $2,532,000. A total of 200,000 shares of common stock and 200,000
Usimov [2.4K]

Answer:

  • The earnings per share of common stock is closest to

D. $11.41.

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $2,532,000 - (200,000*1,25= $250,000) = $2,282,000

Then we calculate the Earning/Share Ratio : $2,282,000/200,000 = 11,41

Shares of Common stock outstanding    200.000     

Shares of Preferred stock outstanding    200.000*$1,25 = $250.000  

NET INCOME Available    $2,282,000  = $ 2,532,000  - $250,000

6 0
3 years ago
Walgreens Boots Alliance’s Sales, Cost of Goods Sold, and Gross Profit
zhuklara [117]

Answer:

a. 26%

b. 28.2%

Explanation:

Consider the following formula:

Gross profit ratio = Net sales - Cost of sales / Net sales

Walgreen's 2015 gross profit ratio: (103444-76520)/103444

26.0%

Walgreen's 2014 gross profit ratio: (76392-54823)/76392

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6 0
3 years ago
Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $20,000. Pierce prepaid the
polet [3.4K]

Answer:

D. Accounts ReceivableStanton, debit $20,000; Sales, credit $20,000, and Delivery Expense, debit $500; Cash, credit $500

Explanation:

The Sale transaction must be ;

Trade Receivable -  Stanton Company  $20,000 (debit)

Revenue $20,000 (credit)

<em>Recognise the Revenue and Asset -  Stanton Company</em>

Shipping Cost  $500 (debit)

Bank $500  (credit)

<em>Recognise the shipping cost and de-recognise the cash asset</em>

3 0
3 years ago
Johnny’s Drive-in pays its employees bi-weekly. The first payday of 2014 will be on January 3 and will compensate employees for
Sonbull [250]

Answer:

Accounts

Wages Expense

Wages Payable

$100,000

$100,000

Explanation:

As the expense is accrued but not paid at the end of 2013. The transaction requires an adjusting entry. This will charge a wages expense and create the wages payable liability. Ultimately on January 3 it will be paid. Wages for the two weeks are $100,000 and the 14 days has been passed for the pay period until year end of 2013.

5 0
3 years ago
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