Answer:
$245,000
Explanation:
The cash outflow in respect of the Prepaid rent of Howard Inc. for the year 2021 shall be determined using the following mentioned equation:
Cash outflow during the 2021=Rent expense for the 2021+end balance of prepaid rent for 2021-ending balance of prepaid rent at 2020
Cash outflow during the 2021=$240,000+$80,000-$75,000
=$245,000
Answer:
The answer is A) The shipping document must be in paper form.
Explanation:
When you are shipping goods (specially if you´re exporting or importing goods) you need a lot of paperwork done. The carrier, customs official, the banks involved, insurance companies, etc., all require several types of documents. The most important ones are:
- Proforma invoice
- Bill of Lading
- Shipper´s Letter of Instructions (SLI)
- Packing List
- Commercial Invoice
- Customs documents
- Certificates of Origin
- Dangerous Goods forms
- Bank Draft
And all those documents need to be in paper form and some require several copies.
Answer:
Price elasticity of demand using midpoint method is -1.1282
Explanation:
Formula of price elasticity of demand using midpoint method is as follows:
Price elasticity of demand = (Change in Demand / Average of demands) / (Change in Price / Average of Prices)
Price elasticity of demand = ( 12,500 - 7,000 ) / [( 12500 + 7000 ) /2 ] / ( 3 - 5 )/[( 3 + 5 ) /2]
Price elasticity of demand = (5500 / 9750) / ( -2 / 4)
Price elasticity of demand = 0.5641 / -0.5
Price elasticity of demand = -1.1282
Answer:
True
Explanation:
Five Rules of Actional Thought is often referred to as Five Axiom of Decision Making. It includes the following:
1. Probability
2. Order
3. Equivalence
4. Substitution
5. Choice.
The Order Rule declared that one must be ready to have a decision order without any cycles. This can be expressed as follows: If an individual prefers A to B and B to C, he or she must prefer A to C.
Therefore, in this situation: Aaron prefers Qantas to Alaska, and Jet Blues to Qantas. However, since he would rather fly Alaska than Jet Blue because they have a better customer satisfaction rating, shows CYCLE in his decision order.
Hence, in this case, it is TRUE that this preference ranking violates the order rule of the Five Rules of Actional Thought.
