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slava [35]
3 years ago
12

The decision situations wherein the decision-maker chooses to consider several possible outcomes and the probabilities of their

occurrence can be stated are called _____________.a. decisions under risk.b. decisions under maximum probability.c. decisions based on expectation.d. decisions under likelihood.
Business
1 answer:
RUDIKE [14]3 years ago
5 0

Answer: The correct answer is "a. decisions under risk.".

Explanation: The decision situations wherein the decision-maker chooses to consider several possible outcomes and the probabilities of their occurrence can be stated are called <u>decisions under risk.</u>

Decision-making under risk is one of the three possible decision-making scenarios based on the available information, this scenario presents an intermediate situation between decision-making under certainty or under uncertainty: each alternative, strategy or course of action has several possible consequences, but the person in charge of making the decision knows the probability of each of them.

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Point Company paid $4,000 cash to purchase a new machine. The company also paid $500 cash for an initial training cost that was
spin [16.1K]

Answer:

Dr Machinery $4500

Cr Cash                      $4500

Explanation:

The reason is that the Internation Accounting Standard IAS 16 Property, Plant & Equipment says that the company must capitalized all those costs that are necessary to make the asset ready to use which means that the cost of training which is $500 and purchasing cost which is $4000 must be capitalized as part of the asset.

So the entry would be:

Dr Machinery $4500

Cr Cash                      $4500

4 0
3 years ago
Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda
Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV =  $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0
2 years ago
Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per
ella [17]

Answer:

comparative cost pricing

Explanation:

In comparative cost pricing strategy different prices charged by different seller is presented to buyer. The buyer has freedom to choose any price option based on comparative analysis of price.  

In the question given above plumbing firms have given their prices to Rhonda and she chose lowest price which can be explained by comparative cost pricing.

8 0
3 years ago
Find the amount of money accrued at the end of 5 years when $5000 is deposited in a savings account drawing 5 1 4 % annual inter
Eduardwww [97]

Answer:

$6,424 .06

Explanation:

Present value (PV): $5,000

Rate: 5.14% per annual

Tenor: 5 years

The amount of money accrued at the end of 5 years is the future value (FV) of investment

FV = PV * (1+rate)^tenor

= $5,000 *(1+5.14%)^5

= $6,424 .06

8 0
2 years ago
Epsilon Co. can produce a unit of product for the following costs: Direct material $ 8.80 Direct labor 24.80 Overhead 44.00 Tota
sergeinik [125]

Answer:

Make since the relevant cost to make it is $62.20.

Explanation:

There is an option below the question ask for details

The computation of the total product cost is shown below:

= Direct material per unit + Direct labor per unit + Overhead cost per unit

where,

Overhead cost per unit would be

= Overhead cost per unit × remaining percentage

= $44 × 65%

= $28.6

All the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $8.80 + $24.80 + $28.6

= $62.20

Since the given total product cost is more than the computed one so the company will choose make option and for decision making we take only 65% which is relevant

4 0
2 years ago
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