Answer:
D) The set of decisions, the set of possible outcomes, and a value model that prescribes results.
Explanation:
Problem solving involves use of various methods to find solutions to problems faced by individuals and organisations.
It involves generation of ideas or decisions that can resolve the problem.
These ideas are now analysed to see how viable they are, can they be implemented, and what is the possible outcome.
The valid ideas are now used to create a value model that can effectively bring results.
Answer:
C)The claims of creditors are reported as liabilities while the claims of investors are recorded as stockholders' equity.
Explanation:
In a businesses balance sheet, Creditors claims are shown as liabilities. Liabilities show the amount of financing that creditors provided which could be in the form of debts or obligation. Debtors owe creditors an obligation, and this obligation is to pay back. Investors claim are recorded as stockholders equity
A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business (called retained earnings) and pay a proportion of the profit as a dividend to shareholders.
Answer:
$258,500
Explanation:
The terms FOB shipping point indicates that ownership of the goods will passes to the buyer immediately the goods are accepted or collected from the seller by the public carrier. Since the goods in the question are already in transit, they should be added to the closing stock.
FOB destination destination implies ownership of the goods passes to the buyer at the destination. Since the goods in the questions are still in transit, they should be included in the closing stock.
Therefore, we have:
December 31 inventory = $210,000 + $24,000 + $24,500 = $258,500
Therefore, Bonita should report $258,500 as its December 31 inventory,
It is penetration pricing that is illegal in the United States and many other countries<span>. So B is the correct answer</span>