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Lorico [155]
3 years ago
9

15. If you are the kind of person who wants to succeed in whatever you do, you value

Business
1 answer:
dmitriy555 [2]3 years ago
3 0

Answer:

The correct answer is letter "B": achievement.

Explanation:

<em>Highly-competitive</em> individuals tend to focus on the results of their activities, or, in other words, in their achievements. This characteristic of people makes them push themselves to their limits to find out how far they can go o they can accomplish their goals. Individuals who pay special attention to their achievements have little to no tolerance for failure.

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In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubb
victus00 [196]

Answer:

No

Explanation:

The computation of the return of assets is calculated by applying the formula which is shown below:

Return on assets = Net income ÷ assets

In 2016, the return on assets would be equal to

= $500,000 ÷ $5,000,000

= 0.1

In 2017, the return on assets would be equal to

= $600,000 ÷ $7,000,000

= 0.085

By comparing the return on assets for both the years, we get to know that the return on assets is declining from 2016 to 2017

7 0
3 years ago
On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 5,500 units of Comfort Office Keyboard to one of its clients
madam [21]

Answer:

A. 2

B. May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

Cr Deferred revenue-coupons $4,730

C. May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

Explanation:

A. Based on the information given the numbers of PERFORMANCE OBLIGATIONS that are in this contract is 2 which are:

KEYBOARD and CUSTOMER OPTION FOR FUTURE DISCOUNT

B. Preparation of the journal entry that Meta would record on May 1, 2021.

May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

($94,600-$4,730)

Cr Deferred revenue-coupons $4,730

(5%*$94,600)

C. Preparation of the journal entry that Meta would record on May 1, 2021

May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

8 0
3 years ago
Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio
Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0
2 years ago
January 1, 2016, Karev Corporation granted options to purchase 5,300 of its common shares at $6 each. The market price of common
sergey [27]

Answer:

$1.64 per share

Explanation:

The computation of Number of Shares for computing Diluted Earning per share is shown below:-

Proceeds expected = 5,300 × $6

= $31,800

No. of Shares re-purchased = $31,800 ÷ $11

= $2,891 (rounded)

Net Effect of Stock Option = 5,300 - $2,891

= 2,409 shares

Number of Shares for computing Diluted Earning per share = Outstanding shares + Net Effect of Stock Option

= 71,105 + 2,409

= 73,514

Diluted earnings per share for the quarter = Net income for the quarter ÷ Number of Shares for computing Diluted Earning per share

= $120,805 ÷ 73,514

= $1.64 per share

So, for computing the Number of Shares for computing Diluted Earning per share we simply applied the above formula.

8 0
3 years ago
"If Jason receives his quarterly bonus of $3,000 and spends $2,100 on a computer and puts the rest in his savings account, what
snow_lady [41]

Answer: 0.70; 0.30

Explanation:

Marginal propensity to consume(MPC) is the additional spending by an economic agent due to a rise in income while the marginal propensity to save is the additional saving by someone due to rise in income.

Increase in income = $3,000

Increase in spending = $2,100

Increase in savings = $3,000 - $2,100 = $900

MPC = $2,100/$3,000

= 0.70

MPS = $900/$3,000

= 0.30

7 0
3 years ago
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