Answer:
b. evaluating alternatives
Explanation:
Decision making process involves identifying a problem, defining the decision criteria, determining the decision type, generating alternatives, evaluating and selecting the best possible alternative,
A problem is defined when a gap exists between actual and desired state. Next step is to identify the organizational criteria upon which decisions would be based.
Third step is to weigh pros and cons of the criteria in light of the situation. Next step is to generate alternatives and options which are available.
In the next step, all the available options are weighed w.r.t organizational criteria, which is the evaluation stage.
The last step is the selection of the most feasible alternative and it's implementation.
Answer:
Letty's Laundry and Dry Cleaning Incorporated
Effect of each transaction on the accounting equation:
Transaction Appropriate
No. Letter
1. c.
2. b.
3. b.
4. a.
5. e.
6. c.
7. e.
8. e.
9. e.
10. e.
Explanation:
Data key:
list:
a. Increase in an asset, decrease in another asset.
b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in stockholders' equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in stockholders' equity
b) The above listing demonstrates the effect on the accounting equation of every business transaction. The net effect is such that the two sides of the equation are always in balance, provided the proper accounting records have been maintained.
Answer:
A) $10124.83
B) 1.0125%
Explanation:
1) We are told that the present charge for a luxury suite is RM 1,045/day.
This means that the charge after one year will also include inflation charge.
Thus;
Charge after 1 year = 1045 × (1 + 2.75%)
= 1045 × 1.0275 = RM 1,073.7375 per day
For 30 days, charge is;
1073.7375 × 30 = RM 32212.125
Spot exchange rate in 1 year = spot rate × (1 + RM inflation rate)/(1 + US inflation rate)
Spot exchange rate in 1 year = 3.135 × (1 + 2.75%)/(1 + 1.25%) = 3.135 × 1.0275/1.0125 = 3.1815
Cost needed one year to pay for 30 day vacation = 32212.125/3.1815 = $10124.83
B) percent by which the dollar cost will have gone up = (10124.83/10000) × 100% = 1.0125%
Answer:
The correct answer is the last option: The firm determines its profit-maximizing output and then charges the price associated with the point on its demand curve directly above that quantity.
Explanation:
To begin with, the monopolistically competitive firm is working in the market that determines its profit-maximizing price by first determining its output level in the point where it marginal costs equals its marginal revenue and then it charges the price that finds itself above that quantity level determined previously by the output level and that is in the average revenue curve that finds it above the marginal revenue curve
Answer:
P6 = $8.918626 rounded off to $8.92
Explanation:
The DDM will be used to calculate the price of the stock. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
- g is the constant growth rate
- D0 is the dividend paid today or most recently
- r is the required rate of return
As we use D0 * (1+g) or D1 to calculate the value of the stock today (P0), we will use D7 to calculate the value of the stock 6 years from now.
D7 = 0.4 * (1+0.07)^6 * (1+0.04)
D7 = $0.6243038264
P6 = 0.6243038264 / (0.11 - 0.04)
P6 = $8.918626 rounded off to $8.92
