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4 years ago

Which of the following is NOT a means by which information improves decision making?

Business

1 answer:

PSYCHO15rus [73]4 years ago

4 0

Answer:

a. increases information overload

Explanation:

Gaining information usually improves decision making since more facts and situations get revealed owing to which there is better comprehension, analysis and decision making.

But, beyond a saturation point i.e the level beyond which an individual's mind cannot take any further information or process it, such gain of information results into an overload which leads to confusion and hampers the decision making process.

At the same time, when such a saturation point gets breached, the cost of providing such an information also increases which makes it unproductive.

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4 years ago

Sean wants to buy a friend’s car, but he does not have the $3,000 that his friend is asking. He has $2,500 and is considering bo

vladimir1956 [14]

Answer:

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3 years ago

Young and Old Corporation (YOC) uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are con

Sonbull [250]

Answer:

$165,000

Explanation:

The computation of the reported amount for Allowance for Doubtful Accounts is shown below:

= Young accounts × uncollectible percentage + old accounts balance × uncollectible percentage

= $100,000 × 5% + $400,000 × 40%

= $5,000 + $160,000

= $165,000

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4 years ago

Simon purchases a bond, newly issued by Amalgamated Corporation, for $1000. The bond pays $60 to its holder at the end of the fi

monitta

Answer and Explanation:

The computation is shown below:

a. The principal amount is $1,000

The term is 3 years

The coupon rate is 6%

So, the coupon payment is

= $1,000 × 6%

= $60

b. At the closing of the second year, the remaining amount i.e. paid should be

= $1,000 + $60

= $1,060

Now if the rate of interest is 3%

So, the amount of $1,060 one year from today is

= $1,060 ÷ 1.03

= $1,029

And, if the rate of interest is 8%

So, the value of the bond today is

= $1,060 ÷ 1.08

= $981

And, if the rate of interest is 10%

So, the amount of the today bond is

= $1,060 ÷ 1.10

= $964

c. In the case of the bad news related to the amalgamated corporation

that results in the financial investors to have terror that the firm may be go to bankrupt because of non -payment of debt. In the case when the amount of $1,060 is not made so the financial investor would not be pay $1,000 as they are well known that they can earn 6% without have any risk

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3 years ago