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Nataly_w [17]
3 years ago
5

The organizers of a local music and arts festival approach the management of Ocelot Juice Bar, a popular business near the festi

val site, about becoming a sponsor. While Ocelot thinks sponsoring the festival would be great exposure for their business, they have recently had to deal with some unexpected large expenses, including updating all the plumbing in their building and replacing a cracked window. They have to keep these expenditures in mind when considering becoming a sponsor.
A) Which of the following types of decisions is illustrated in this scenario?
O programmed decision
O goal displacement decision
O quantitative decision
O nonprogrammed decision
O garbage can model decision
Business
1 answer:
pishuonlain [190]3 years ago
5 0

Answer:

nonprogrammed decision

Explanation:

Nonprogrammed decision refers to a form of decision that is made based on new circumstances that never really happened in the past. Typically This type of decision happen when there is an external factor that mess up without initial plan.

In the example above, Ocelot need to consider their decision due to unexpected large expenses. This unexpected situation will force ocelot to explore a new solution that they never encountered before.

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Norris Company declared cash dividends of $60,000 during the year. Cash dividends payable were $20,000 at the beginning of the y
Schach [20]

Answer:

Dividend paid during the year will be $55000

So option (B) will be the correct answer

Explanation:

We have given dividend declared during the year=$60000

Dividend payable at the beginning of the year=$20000

Dividend payable at the end of the year=$25000

We have to find the dividend paid during year

Dividend paid during the year=Dividend payable at the beginning of the year+ Dividend declared during the year-Dividend payable balance at the end of the year

Dividend paid during the year=$20000+$60000-$25000=$55000

So option (b) will be the correct answer

5 0
3 years ago
How can you price your product or service at its worth or even more? You can price your product or service at its worth or even
stealth61 [152]
You can price your products, by average, fairness is key!
3 0
2 years ago
Read 2 more answers
You purchase a bond with an invoice price of $1,080. The bond has a coupon rate of 9.6 percent, semiannual coupons, and a par va
zhuklara [117]

Answer:

$1059.98

Explanation:

To determine the clean price, we have to first find the accrued interest.

Accrued interest = (coupon rate × par value/2) × period (months to next coupon date/12)

accrued interest = $96/2 x 5/12

accrued interest = $48 × 0.417

= $20.016

Our  dirty price = $1080

clean price = dirty price - accrued interest

clean price = $ (1080 - 20.016)

Clean price = $1059.98

6 0
3 years ago
A _______ is a health insurance plan that directly employs or contracts with selected, or preapproved, physicians and other medi
Fantom [35]
The correct term is likely an EPO (exclusive provider organization)
8 0
3 years ago
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Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throu
harina [27]

Answer:

Victory Company

                                                       Materials           Conversion    Total

a. Equivalent units of production:  880,000             754,000

b. Cost per equivalent unit                  $3.00             $4.50

c. Total cost transferred out       $2,100,000        $3,150,000  $5,250,000

Ending Work in Process                  540,000             243,000        783,000

Explanation:

a) Data and Calculations:

Units transferred out = 700,000

Ending Work in process = 180,000

Total equivalent units:

                                           Materials           Conversion

Units transferred out      700,000 (100%)   700,000 (100%)

Ending Work-in-Process  180,000 (100%)     54,000 (30%)

Total equivalent units     880,000               754,000

Cost of production:

                                           Materials           Conversion       Total

Beginning Inventory          $420,000          $139,000       $559,000

Added in November         2,220,000        3,254,000       5,474,000

Total production costs   $2,640,000      $3,393,000    $6,033,000

Cost per equivalent unit:

                                           Materials       Conversion

Total production costs   $2,640,000      $3,393,000

Total equivalent units          880,000           754,000

Cost per equivalent unit         $3.00             $4.50

Cost assigned:

                                               Materials           Conversion       Total

Units transferred out             700,000               700,000

Cost per equivalent unit        $3.00                   $4.50

Total cost transferred out $2,100,000        $3,150,000  $5,250,000

Ending Work in Process        540,000             243,000        783,000

Total cost                          $2,640,000        $3,393,000  $6,033,000

6 0
3 years ago
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