Answer: impression management
Explanation:
This is a strategy where one wants to maintain how people sees them by saying particular things that will make them look impressive or do certain things that will make them look impressive either because they want to be liked or they want to maintain a certain status amongst their friends.
Tracy wants to maintain her status hence she has to lie to her friends to keep looking like a great person who is achieving great things in life even when she is not.
She has to maintain that impression they have of her that she has probably built over time amongst her friends .
Answer:
This is the Predetermined overhead rate
Explanation:
The predetermined overhead rate assigns a particular amount of manufacturing overhead to each direct labor or machine hour. This helps businesses allocate resources and also set pricing. This computation is usually done at the beginning of each period.
To calculate this, we divide the estimate of the manufacturing overhead cost total by the estimated number of machine hours. It is used to assign overhead cost to jobs.
Answer:
<u>to reinvest again since they have met their goals</u>
Explanation:
Although there are other reasons investors may use exit strategy, however, it is often used by entrepreneurs when they determine they have made enough profit for which the business or project was started in the first place.
By moving onto another business project, entrepreneurs most likely intend to rebuild again a different project to the same level their past project did.
Answer:
10.6 times
Explanation:
The formula to compute the times interest earned ratio is shown below:
Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)
where,
Earnings before interest and taxes = Net income + Interest expense + income tax
= $75,300 + $11,500 + $34,900
= $121,700
And, the interest expense = $11,500
Now put these values to the above formula
So, the ratio would equal to
= $121,700 ÷ $11,500
= 10.6 times