Answer:
Rational is based on the logical preference. Being irrational does not means that the choice is made based on monetary preference. It is more logical than monetary.
Explanation:
The two friends took same courses in college but after the completion of college degree one decides to go for MBA and other pursues PhD in English. The expected earnings of MBA are higher than PhD but one of friend who chooses the PhD has not considered the logical decision making based on money. He might have chose the PhD because he is more interested in becoming a professor rather than a business professional.
Based on the cost to Harry's Construction Company, the following are true:
<h3>What are Harry's Variable Costs?</h3>
These are costs that change based on quantity used. The variable cost here will be:
= ( Number of workers x Cost per worker) + (Number of bulldozers x Cost per bulldozer)
= (3 x 100) + (2 x 300)
= 300 + 600
= $900
There are no given fixed costs so the fixed costs are $0.
<h3>What are the Total costs?</h3>
= Variable cost + Fixed cost
= 900 + 0
= $900
Find out more on variable costs at brainly.com/question/8225307.
Answer:
c. $(5,000)
Explanation:
Calculation for the record of either gain/(loss)
In Case B
Book Value amount was $39,100
Fair Value amount was $34,100
Hence:
Using this formula
Gain/(loss)= Book Value-Fair Value
Let plug in the formula
Gain/(loss)=$39,100-$34,100
Loss=$5,000
Grand Forks would record a loss of $5,000 because the fair value which is the price the buyer is willing to buy the asset is lesser than than book value amount.
The human compromise that has made Linda to change her decision in upgrading the editing software due to the systems crashed that was caused by previous upgrade is Recency Syndrome.
- The recency effect can be regarded as tendency to remember the action or effect of most recently presented information best.
- This syndrome always helps manager to learn from past mistakes so that he can avoid it next time. If not for this syndrome, Linda could have gave in for the upgrade, but she was afraid of crashing of the system.
Therefore, Recency Syndrome is the correct term that describe Linda behaviors.
Learn more at: brainly.com/question/9782041?referrer=searchResults
Answer and Explanation:
The journal entries are shown below:
On Mar 12
Account receivable Dr $9,100
To Service revenue $9,100
(Being the service provided on the account is recorded)
For recording this we debited the account receivable as it increased the assets and credited the service revenue as it also increased the revenue
On Mar 20
Cash $8,918
Sales discount ($9,100 × 2%) $182
To Accounts receivable $9,100
(Being cash received recorded)
For recording this we debited the sales discount and cash as it increased the discount and assets and credited the account receivable as it reduced the assets
