Answer:
A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.
Ways to make good decision:
- Set Aside Time to Reflect on Your Mistakes
- Stop Thinking About the Problem
- Frame Your Problems In a Different Way
- Identify the Risks You Take
- Take Note of Your Overconfidence
- Talk to Yourself Like a Trusted Friend
- Label Your Emotions
- Acknowledge Your Shortcuts
- Consider the Opposite
Answer:
The required rate of return on stock is 14.6% and option b is the correct answer.
Explanation:
The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.
The equation is,
r = rRF + Beta * (rM - rRF)
Where,
- rRF is the risk free rate
- rM is the return on market
r = 0.05 + 1.2 * (0.13 - 0.05)
r = 0.146 or 14.6%
Answer:
The answer is D.
Explanation:
To increase asset and expense, you debit while credit decreases it.
To increase, liabity, revenue(income), equity, you credit while debit decreases it.
An insurance that has been prepaid is an asset because the benefit has not been fully utilised.
Samson and Sons has paid for an insurance that will expire December at the beginning of July.
$1,200 for 6 months.
Samson and Sons needs to recognize this as the service is being enjoyed monthly.
Therefore, insurance expense every month will increase by $1,200/6
$200
Remember that expense increase by debit and asset(Prepaid Insurance) decrease by credit.
So we have:
Debit insurance expense $200; Credit prepaid insurance $200
Option C
Costly to imitate criteria for sustainable competitive advantage
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Explanation:</u></h3>
Sustainable competitive advantages are business assets, properties, or skills that are hard to replicate or exceed; and render a higher or complimentary long term situation over competitors. A company must produce distinct goals, plans, and methods to create a sustainable competitive advantage.
It needs huge expenditure in time and money to create a brand. It demands very limitedly to destroy it. A good brand is precious because it prompts customers to favor the brand over competitors. A unique product or service increases customer support and is less suitable for a competitor to imitate.
Answer:
It increased the depth of their product mix.
The depth of the product mix is basically how many different types of variations of the same product are offered, e.g. Coke, Diet Coke, Coke Zero, etc. Increasing product depth involves new flavors, different package sizes or other specific characteristics regarding the product.
Product width refers to the different types of products offered by the company, e.g. Toyota offers sedans, trucks, SUVs, minivans. In this case, product width is not affected.
