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Law Incorporation [45]
3 years ago
12

Construct a decision-making grid that analyzes the potential choices of attending basketball practice and working at an after-sc

hool job.
Business
1 answer:
lidiya [134]3 years ago
8 0

Answer:

A decision-making grid helps you to analyze what you gain and what you lose whenever you make choices. Refer to the following decision grade that analyzes the potential choices of attending basketball practice and working at an after-school job.

Explanation:

Decision-making grid:

Before constructing a decision-making grid, lets assume that the Mr. A chose to work an after-school job, so the benefits are associated with his choice whereas the opportunity cost represents the choice he could have chose i.e. attending basketball practice

Choice                       Benefits                                      Opportunity Cost

One hour at Job        Afford to pay his tuition fees     Learn a new skill    

Two hours at Job      Afford a gaming console      Able to achieve req.fitness  

Three hours at Job    Afford to buy bike                 Make to the team's bench

Four hours at Job      Afford a good college          Make to the starting lineup

Five Hours at Job      Afford a car              A regular with good performances

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The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $9,500; D. Mai, Withdrawals $1,0
Snezhnost [94]

Answer:

The closing entries are shown below:

Explanation:

The closing entry for the following accounts are given below:

1. Service Revenue A/c Dr $18,000

             To Income Summary $18,000

(Being revenue account closed)

2. Income summary A/c Dr $13,500

       To Wages Expense $10,900

       To Rent Expense $2,600

(Being expenses accounts are closed)

3. Income summary A/c Dr $4,500    ($18,000 - $13,500)

          To Retained earning $4,500

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $1,050

                To D. Mai, Withdrawals $1,050

(Being withdrawal account is closed)

5 0
3 years ago
Suppose a firm has evaluated four capital budgeting projects and, using one of the time value of money-capital budgeting techniq
Dima020 [189]

Answer:

The answer is: the following three should be used.

  • net present value (NPV)
  • traditional payback period (PB)  
  • the modified internal rate of return (MIRR)

Explanation:

First of all, the NPV of the four projects must be positive. Only NPV positive projects should be financed. If the NPV is negative, the project should be tossed away. This is like a golden rule in investment.

Now comes the "if" part. What does the company value more, a short payback period or a higher rate of return.

If the company values more a shorter payback period (usually high tech companies do this due to obsolescence), then they should choose the project with the shortest payback period.

If the company isn't that concerned about payback periods, then it should choose to finance the project with the highest modified rate of return. This means that the most profitable project should be financed.

6 0
3 years ago
Hopkins Company has taken a position in its tax return to claim a tax credit of $70,000 (direct reduction in taxes payable) and
Oksi-84 [34.3K]

Answer:

The amount of the additional projected liability that should be recognized is $28,000

Explanation:

For computing the amount of the additional projected liability, we have to apply the formula which is shown below:

= Tax benefit in 20% - Tax benefit in 40%

= $70,000 - $42,000

= $28,000

The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.

We took the higher value between $42,000 and $14,000.

5 0
4 years ago
The minimum wage a. is an example of a price ceiling. b. has its greatest impact on middle-aged and immigrant workers. c. does n
Kaylis [27]

Answer:

does not apply to unpaid internships. 

Explanation:

Minimum wage is the least price that can be paid to labour. It is an example of price floor.

To be binding, minimum wage is set above equilibrium price.

Minimum wage isn't applicable to unpaid internships because they aren't paid.

Minimum wage would affect the quantity of labour demanded and supplied.

I hope my answer helps you

5 0
3 years ago
On January 1, Year 1, Stratton Company borrowed $300,000 on a 10-year, 6% installment note payable. The terms of the note requir
ZanzabumX [31]

Answer:

debit interest expense of $16,634 , debit note payable $24,126 : Credit cash $40,760

Explanation:

Please attachment.

6 0
3 years ago
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