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nasty-shy [4]
4 years ago
8

Please label each scenario as to whether or not the person is acting rationally and making choices leading to the outcome they d

esire most. Steven's family is at a Korean restaurant. He orders some spicy barbeque pork, but it tastes terrible. They cannot get a refund or replacement, so he leaves it uneaten. His parents are dismayed, as this is a better meal than they ever had growing up, but he sees no point in suffering more than he already has.
Business
1 answer:
BARSIC [14]4 years ago
6 0

Answer:

Irrational Decision

Explanation:

  • He made this decision for his own, and because of that his parents may have gotten hurt. He could have acted that he liked the meal for the sake of his parents.
  • Could have ordered something else if he he didn't like that specific meal.
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Two key components of corporate profitability are _________ and _________.
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3 years ago
Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living a
IgorLugansk [536]

Answer:

Debt to income ratio is all your debt payments divided by all the money you earn during a month. Generally you are considered to be in good financial shape when your debt to income ratio is less than 20%, if it's less than 10% it is even better.

Kim's gross income = $1,230 - $165 (taxes) = $1,065

Kim's total debt payments without new debt = $134 (credit card payments)

Kim's total debt payments including new debt = $134 + $172 (new debt) = $306

Kim's debt to income ration without new debt = $134 / $1,065 = 12.58%

Kim's debt to income ration with new debt = $306 / $1,065 = 28.73%

Currently Kim's debt to income ratio is only 12.58% which is very good, but if she takes the new loan then her ratio will increase to 28.73% which is extremely high and not prudent.

3 0
3 years ago
The following is a condensed version of the comparative balance sheets for Sweet Corporation for the last two years at December
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Answer:

Cash flow from operating activities

Net income                                                      $352,000

<u><em>Adjustment to reconcile net income to </em></u>

<u><em>net Cash flow from operating activities</em></u>

Depreciation expense                                    $26,350

Loss on investment sold                                 $15,500

Decrease account receivable                         $7,750

Decrease current liabilities                            <u>-$26,350</u>

Net cash flow from operating activities                              $348,250

Cash flow from investing activities

Sale of investment                                           $12,100

Purchase of equipment                                 -<u>$89,900</u>

Net cash used investing activities                                       -<u>$77,800</u>

Cash flow from financing activities

Dividend paid                                                  -$66,000  

Net cash used financing activities                                       -<u>$66,000</u>

Net cash increase (decrease)                                              $204,450

Beginning Cash                                                                     <u>$120,900</u>

Ending Cash                                                                          <u>$325,350</u>

6 0
3 years ago
A person can file for trademark protection even if he or she has not yet used the trademark.
vova2212 [387]
The answer is true :)
7 0
3 years ago
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Answer:

d. government revenues equal government expenditures.

Explanation:

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3 years ago
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