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Pani-rosa [81]
3 years ago
9

Louisa and Ray are evaluating the amount of recess time that should be given in the next school year at a new combined school fo

r children from School A and School B. Louisa has a report that says over the last year children had no recess time at School A. Ray has a report that children had 60 minutes of recess time each day. Due to anchoring, Louisa is likely to give a recommendation that is:
Business
1 answer:
Levart [38]3 years ago
8 0

Answer:

lower than Ray's

Explanation:

The concept of anchoring refers to a cognitive bias in which the individual in question depends greatly on the first piece of information that they have seen when making a decision. Therefore base on this and the scenario described in the question it can be said that Louisa is likely to give a recommendation that is lower than Ray's, because the first information that she saw was that School A had no recess.

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Which of the following best describe the interrelated components of internal control? Risk assessment process, backup facilities
kvasek [131]

Answer:

<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>

Explanation:

<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>

Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.

So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.

6 0
3 years ago
Based on his investment advisor's guidance, Christopher sold two stocks during 2020. The capital gain on the sale of Magnificent
Mamont248 [21]

Answer:

The question is incomplete since we are not told if the capital gain is a short or long term gain. So I will answer the question in both possible scenarios.

Short term capital gains:

They are taxed as ordinary income, so the net gain = $35,000 - $7,000 = $28,000

Net gain after taxes = $28,000 x (1 - 53.31%) = $13,073.20

Long term capital gains:

They are taxed at a much lower rate that ranges from 0 to 20%. In this case, Christopher is probably taxed at 20%.

Net gain after taxes = $28,000 x (1 - 20%) = $22,400

Explanation:

6 0
3 years ago
Networking is a key benefit to a college education.which of the following is not an example of a networking benefit
Rufina [12.5K]

Answer:

D. Networking ensures higher-paying jobs.

Explanation:

Networking is the act of interacting and sharing information between a group of people with common interests in various settings, such as the work environment, schools, and other social gatherings. When students attend the same school, they share common interests and goals. Networking among them would pave way for possible help in the future with regards to finding a job. But it would be wrong to assume that networking would be a guarantee for higher-paying jobs.

Networking would also help graduates from college to interact with people who have progressed farther in their career than they have. So, they can learn from their wealth of experience.

4 0
3 years ago
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: ho
zmey [24]

Answer:

Answer 1.

DVD Equipment Set Yoga Mat

Sale in Units 13500 4500 9000

Sale Mix 3 1 2

Sales Mix Ratio = 3:1:2

Answer 2.

Let the Break Even Sales = X Units

Therefore, Linear equation of BEP:

3/6 X (8-4) + 1/6 X (25-15) + 2/6 X (16-9) = 119520 (Fixed Costs)

X = 19920 Units

BEP of

DVD = 19,920 Units X 3/6 = 9960 Units

Equipment Set = 19,920 Units X 1/6 = 3320 Units

Yoga Mat = 19920 Units X 2/6 = 6640 Units

Answer 3.

DVD Equipment Set Yoga Mat Total

Sale in Units 13,500 4,500 9,000 27,000

SP 8 25 16

Sales in $ 108,000 112,500 144,000 364,500

Less: Variable Costs 54,000 67,500 81,000 202,500

Contribution 54,000 45,000 63,000 162,000

Contribution Margin Ratio 50.00% 40.00% 43.75% 44.44%

Contribution Margin Ratio = Contribution / Sales

Overall Break Even Sales Revenue = $119520 (Fixed Costs) / 44.44% (Contribution Margin Ratio)

Overall Break Even Sales Revenue = $268,920

Answer 4.

Margin of Safety = Sales - BES

Margin of Safety = $364,500 - 268920 = $95,580

Explanation:

4 0
3 years ago
Holding everything else constant, a decrease in the price of bicycles will result in a. a decrease in the quantity of bicycles d
vladimir2022 [97]

Answer:

d. an increase in the quantity of bicycles demanded.

Explanation:

For this question, the law of demand applies.  

According to the law of demand, when the price of the good increases the quantity demanded of that good would be decreased keeping other things constant and when the price of the good decreases the quantity demanded of that good would be increased keeping other things constant.

It reflects the inverse relationship between the price and the quantity demanded of the good.

4 0
3 years ago
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