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Kitty [74]
3 years ago
8

At a potluck, everyone brings his or her favorite dish to share. gavin decides to avoid the foods he has never heard of before a

nd instead eats only the macaroni and cheese he brought to the party. in this example, gavin eating food he prepared himself suggests that he is most influenced by
Business
1 answer:
Kay [80]3 years ago
3 0
I<span>n this example, Gavin eating food he prepared himself suggests that he is most influenced by Familiarity.  It means </span><span>a good knowledge of something, in this case, the food that Gavin brought to the party. </span>
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Three things i need to get a loan
Dominik [7]
Credit, job, be of the age 18
7 0
3 years ago
Which one of the following does not describe balance of​ trade? a. Balance of trade is the largest item in the current account.
sergeinik [125]

Answer:

c. Balance of trade is equal to the sum of current account balance and financial account balance.

Explanation:

The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.

Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.

7 0
3 years ago
53. [LO 11.4] At the beginning of year 1, Lisa and Marie were equal shareholders in LM Corporation, an S corporation. On April 3
Y_Kistochka [10]

Answer:

• Lisa $16,611

• Marie $15,070

• Shelley $8,391

• George $9,933

Explanation:

Daily allocation of $50,000 net reported net income

= $50,000/365

= $137 per day

• Income allocated to Lisa would be ;

Since Lisa and Marie are equal shareholders; meaning both would have 50% stake each in the business. Moreover, since Lisa sold half of her stake I.e 50% ÷ 2 = 25% to Shelley, her share would be;

(50% × 120 × 137) + (25% × 245 × 137) = $16,611

° Note Jan 1 to April 30 is 120 days, while the balance is 365 days - 120 days hence 245 days

• Income allocated to Marie would be;

Since Marie have 50% stake in the business and also sold her entire interest to George, her share will be;

50% × 220 × 137 = $15,070

°Note Jan 1 to August 8 is 220 days

• Income allocated to Shelley would be;

Since Shelly bought 25% out of the 50% stake that Lisa have in the business, her share will be;

25% × 245 × 137 = $8,391

°Note 245 days will be applied to Shelly's share which represent the number of days she purchased part of Lisa's interest in the business. I.e. 365 days - 120 days = 245 days

• Income allocated to George would be;

Since George purchased the whole 50% of Marie's stake in the business, his share of profit will be;

50% × 145 × 137 = $9,933

° Note 145 days will also be applied to George which represent the balance of days with which he purchased Marie's whole stake in the business. I.e 365 days - 220 days = 145 days

4 0
3 years ago
On October 1, 2021, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5
Komok [63]

Answer:

Decrease by $80,000

Explanation:

The journal entries are shown below;

Retained earning Dr $80,000              (8,000 shares × $10)

      To Common stock $40,000                         (8,000 shares × $5)

      To Paid in capital in excess of par $40,000                    (8,000 shares × $5)

(Being the retained earning is recorded)

So by passing this journal entry we get to know that the retained earning will decreases by $80,000

8 0
3 years ago
Machine setminus−up would most likely be classified as a​ ________ cost.
Anastaziya [24]
It is called batch level cost. It is the generation costs that are brought about just when another group is handled. These expenses may incorporate things like set-up time, moving materials, and stacking machines. For these costs, it doesn't make a difference what number of units are created in the cluster.
4 0
3 years ago
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