Answer: $25
Explanation:
The Dictator game is used to measure just how much a person will act out of self interest especially give their surrounding. One person will be the dictator and the other a recipient who would be a stranger. The dictator will decide how much they are to give the recipient.
You live in a culture where you do not have to buy food and as this is a significant expense for humans, it means that you do not need much money. Regardless of this however, it has been shown that people would not give out the majority of their money which means that you would not give out 50% or above of the money.
As 50% is $25 here, that would be the correct option.
Answer:
$200,000
Explanation:
Asset is recorded in the books on a value of the consideration paid at the time to acquire the asset. In this question the building is purchased by issuing $200,000 (10,000 shares x $20) value of shares.So, the building should be recorded at a value of $200,000 in the books.
The Journal Entry for the transaction is as follow:
Dr. Building $200,000
Cr. Common Stock (10,000 x $4) $40,000
Cr. Add-in-Capital common stock ($200,000-$40,000) $160,000
Answer:
Explanation:
Before preparing the retained earning statement, first we have to compute the closing balance of retained earning which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $7,900 + $13,500 - $7,000
= $14,400
The statement of retained earnings is presented in the spreadsheet. Kindly find the attachment below:
Meritocracy is a system based on
a dominant ideology involving the widely shared belief that all people have an
equal chance of succeeding economically or a political philosophy stating that
power should be vested in individuals based on their hard work and skills.
Answer:
d. $489,500
Explanation:
The capitalized cost will include all the costs incurred by Holiday laboratories to readily make the asset for use.
Therefore,
Capitalized cost = High speed industrial centrifuge + Shipping cost + Foundation cost + Equipment cost + Labor and testing cost + Material cost
= $440,000 + $30,000 + $8,600 + $3,000 + $5,300 + $2,600
= $489,500
