Allison is in evaluating decision making process
Explanation:
Decisions are made through the certainty of action, data collection and the assessment of possible resolutions.
The final phase in the systematic decision-making process is assessment. Evaluating results will lead to learning lessons that will enhance the decision-making skills.
Allison is in the final step of her choice in this decision-making case. Because her future as an airline pilot has already been determined, and she has agreed to go to airline pilot research and training programmes.
Real estate Agent,is the right answer
Answer:
10 hams
Explanation:
It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.
So, residents can consume maximum 10 hams (same amount as produced) in a month.
Answer:
1. $173,500
2. $ 71,000
Explanation:
Requirement 1: Solution
We can calculate the fair value of new parcel of land just by adding the current market price with additional cash paid to complete the transaction
Fair Value = Current market price + cash paid additionally
Fair Value = $150,000+$23,500
Fair value = $173,500
Requirement 2: Solution
We need to calculate Gain/loss on exchange first in order to record them on books. This can be done by just subtracting the land's book value from the current market price of land
Gain/loss on exchange = Current market price - book value
Gain/loss on exchange = $150,000 - $79,000
Gain/loss on exchange = $71,000
Entries: Debit Credit
New land $173,500
Old land $79000
Cash $23,500
Gain $71,000