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Andru [333]
3 years ago
7

Clarence used to work as a doctor in a federal government hospital. After retiring, he started a private clinic to continue prac

ticing medicine and to maintain his reputation as a doctor. In the context of Maslow's Hierarchy of Needs, this scenario best illustrates Clarence's _____.
Business
1 answer:
Masteriza [31]3 years ago
6 0

Answer:

self-actualization

Explanation:

The answer is deeply related to "Maslows Hierarchy of Needs."

Abraham Harold Maslow is a popular American psychologist who introduced a motivational theory consisting of five stages in relation to the<em> deficiency needs and growth needs of humans.</em>

Everything starts with the deficiency needs.<u> It is very important to satisfy this need in order to engage into the growth needs.</u> For example, a boy is very thirsty. If that need will not be met, the boy will continuously crave for water. On the contrary, if this is met immediately, the boy will aim to grow as a person. This is what you call the growth needs.

This needs are presented in a pyramid.

From top to bottom:

1. Self-actualization

2. Self-esteem Needs

3. Love or Belongingness Needs

4. Safety Needs

5. Physiological Needs

It is ideal for a person to progress from Physiological Needs to Self-actualization, but it doesn't mean every stage is always met. Sometimes, fluctuations occur depending on the situation.

Regarding Clarence's case above. It was stated that he already worked as a doctor in a federal government. This means that he has already satisfied his self-esteem needs and the other needs below. Becoming a doctor is a prestige and a feeling of accomplishment. This can be found on the <u>Self-Esteem Needs </u>stage. In addition to this, <em>Clarence already reached his full potential and is seeking for personal growth and independence. </em>This is backed by the statement above that he opened a private clinic to continue his practice. This means he is already on the self-actualization stage of the hierarchy. 

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Stamford Co. purchased a bond on October 4 of the current year for $ 30 comma 000 and classified it as​ available-for-sale. The
Alecsey [184]

Answer:

C. ​$0

Explanation:

Data provided in the question

Purchase value of the bond = $30,000

And, the market value of the investment at the ending year is $29,000

So by considering the above information, the $0 would be reported in the net income as only realized gains are transferred to the income statement

While the unrealized gain or loss on available for sale securities transferred to Comprehensive income statement and accumulated amount goes to Balance Sheet as  a Accumulated Other Comprehensive Income

3 0
3 years ago
Suppose that Maroney Corporation produced and sold 4,800 laptop computers during the year. It reported $140,000 cash provided by
Pavel [41]

Answer:

$95,000

Explanation:

The computation of the free cash flow is shown below:

= Operating activities - capital expenditure - dividend paid

= $140,000 - $35,000 - $10,000

= $95,000

The dividend is also a part of the capital expenditure, that's why we deduct it.

The notes payable is already included in the operating activity, so no treatment is done, and the additional shares are also not be considered in the computation part. Hence, ignored it.

7 0
3 years ago
Due to customer no-shows, the Inn at Charlotte hotel is considering implementing overbooking. The Inn at Charlotte has 150 rooms
kirill [66]

Answer:

The unit=9

Explanation:

The Cost of underage Cu= price -cost =200-0 =200 ( as there is no variable cost of the unsold room)

Cost of overage Co= cost - salvage value = 0 -(-325) =325

Service level = Cu / Cu+Co = 200/ 325+200 = 0.3809

which corresponds to the z value of -0.3

the optimum overbooking = mean + z x SD

= 10+ 3 x (-0.3) =9

8 0
3 years ago
In the current period, Forward Co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units i
____ [38]

Answer:

$2.51 per unit

Explanation:

The computation of the cost per equivalent unit is shown below:

But before that the equivalent units is to be computed

Equivalent units = units completed + equivalents units in ending inventory

= 8,400 units + (13,200 units × 42%)

= 13,944 units

Now

Cost per equivalent unit = cost incurred ÷ equivalent units

= $34,980 ÷ 13,944  units

= $2.51 per unit

4 0
4 years ago
Crane Company purchased a new machine on October 1, 2017, at a cost of $89,920. The company estimated that the machine has a sal
Nadya [2.5K]

Answer:

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

Explanation:

The depreciation expense of machine for the whole year shall be calculated as follows:

Depreciation expense=[(89,920-9,440)/8]=$10,060

Since the machine is only used for 3 months in the year ended December 31, 2017, therefore the depreciation expense in 2017 will be calculated as follows

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

5 0
3 years ago
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