Answer: B) Keep bidding until all other bidders quit, regardless of your reservation price.
Explanation: Familiar to English auctions, the bidders are aware of the prices of items on sale and the numbers of other bidders. This price is known as the reserve or reservation price which is the limit on the price of the item on sale set by the seller (that is the lowest price the seller is willing to sell the item). The bids start at a low price and keeps coming in until there are no more bids irregardless of the reservation price set. It probably depends on how much you value the item on sale and are willing to pay for it. Not necessarily on the reservation price.
Answer:
Bergman’s can be more efficient, not cumbersome to consumers
Explanation:
Priya acknowledges that competitors are changing its purchase method to an automated one. She sees the trend in consumer behavior and establishes that Bergman has to adopt this new method to be up to date in regards to market best practices.
Therefore, changing to an automated sales, Pryia believes that Bergman will be more modern, efficient and faster.
Answer:
The correct answer is letter "B": personal ethics.
Explanation:
Personal ethics refers to the moral principle people consider inherent in themselves that drive their behavior. These principles extend to every aspect of their lives and are mainly noticeable in the professional field. Respect, honesty, integrity, and fairness are some examples of personal ethics.
Answer:
<em><u>The answer is</u></em>: <u>d. The practice by which the managers of a company show favoritism to their own relatives and close friends</u>.
Explanation:
<u>Nepotism</u> <em>is the exaggerated predilection that some active civil servants who hold public office have regarding their family, relatives and friends when making concessions or hiring state employees</em>. In these cases, the individual who accesses a public job achieves the objective by its proximity and loyalty to the ruler or official in question, and not by his own merit or ability.
<em><u>The answer is</u></em>: <u>d. The practice by which the managers of a company show favoritism to their own relatives and close friends</u>.
Answer:
$131,000
Explanation:
Given that,
Stockholders’ equity at the beginning = $94,000
net income = $24,000
Dividends paid = $9,000
Common stock issued = $22,000
Stockholders' equity at the end:
= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued
= $94,000 + $24,000 - $9,000 + $22,000
= $131,000
Therefore, the total stockholders' equity at the end of the year is $131,000.
