The spillover effect is best explained in terms of the two-factor theory. Although psychology based, marketers use this in developing marketing plans for their product or service. The two-factor theory is based on psychological emotions and cognitive thinking.
Answer:
Dr. Cr.
Employees Bonus Expense $15,000
Bonus Payable $15,000
Explanation:
Bonus is paid to employee on a decided amount or decided percentage or ratio. It is an expense for the organization and it should be recorded in the relevant period as per accrual concept even it is not paid. The Entry will be made as Bonus expense is debited and Bonus payable is credit because at the end of year it is unpaid.
Answer:
-2.4%
Explanation:
The GDP per person of the nation of Freedonia for the current and last year, respectively, are:
The growth rate (R) between this year and last year is given by:
The growth rate of real GDP per person was -2.4%.
Answer:
Sales= $93,000
Explanation:
Giving the following information:
Contribution margin ratio= 0.30
Profit= $12,300
Fixed costs= $15,600
<u>First, we need to determine the total contribution margin:</u>
<u />
Total contribution margin= 12,300 + 15,600
Total contribtuion margin= $27,900
<u>Now, to calculate the sales revenue, we need to use the following formula:</u>
Sales= total contribution margin / Contribution margin ratio
Sales= 27,900/0.3
Sales= $93,000
Question Options:
Yes, enacting such a program will eliminate the poverty trap.
No, enacting such a program may still reduce the incentive to work.
Yes, and enacting such a program will cost the government less money.
Yes, enacting such a program will create adequate incentive to work.
Answer:No, enacting such a program may still reduce the incentive to work.
Explanation: Poverty trap can be defined as a self-reinforcing cycle which allows poverty to persist. This poverty trap is the worst form of poverty. In this situation an increase in someone's income is offset by a consequent loss of state benefits, leaving them no better off.
