Answer:
Myopic loss aversion
Explanation:
Loss Aversion is defined as the likelihood for individuals to strongly prefer making or avoiding losses over getting or acquiring gains.
Myopic loss aversion is simply defined as likelihood to look(focus) on avoiding short-term losses, even at the hands or expense of long-term gains. It is simply written as;
MLA = Loss aversion + mental accounting.
It is a kind of loss aversion that comprises mainly the idea that people do not see far enough into the future to invest in the right sense and as such life cycle hypothesis is forgotten or ignored.
Answer:
Budgeted Direct Labor Cost for the first quarter = $ 18000 +16560 + 21240
= $ 55800
Explanation:
Webster Corporation
Direct Labor Cost Budget
For the First Quarter
January February March
Production Budget 3000 2760 3540
<u>Direct Labor Hours 0.5 0.5 0.5</u>
Direct Labor Hours 1500 1380 1770
<u>Direct Labor Cost $ 12 $ 12 $ 12</u>
<u>Direct Labor Cost $ 18000 16560 21240 </u>
We multiply the required the no. of hours per unit (0.5) to the monthly units to get the total hours required. The total hours for each month are multiplied with the cost per hour to get the total cost for each month.
Answer:
The correct option is D, cannot be determined from information provided
Explanation:
The cash used(provided) by financing activities is the difference between the cash provided by financing activities of $84,400 and the amount of dividends paid to stockholders which is $128,500.=$44,100.
The amount calculated above is not one of the options available, hence it is very safe to say that the correct option is that cash provided(used) by financing activities cannot be determined from the information provided.
