Answer:
Group think bias
Explanation:
Groupthink bias occurs when people believe in something because other people believe in it. It is when everyone comes to the same conclusion concerning a matter.
In the meeting everyone agreed with the CEO, this is an instance of groupthink.
Anchoring bias is when a person's decision is overly anchored on an initial information given when making a decision.
Confirmation bias is when a person arrives at a conclusion in line with their beliefs.
Availability bias is basing decisions on past instances that comes to mind when making the decision.
Hindsight bias occurs when people over estimate their abilities to predict how an event would have turned out in hindsight.
Solution :
a). At the break even units, the total contribution margin = fixed expenses
We know that : (Selling price - variable cost) x units sold = fixed expenses
i.e. (20-14)x = 225,000
6x = 225,000
x = 37,500
Therefore, the number of units sold, x = 37,500
So, the break even analysis = 37,500 x 20
= 750,000
b). 

= 30%
The Breakeven sales = 

= 750,000
c). 

= 37.5%
d). Units needed :



units
Therefore, the sales required = 62,500 x 20
= 125,000
Answer:
Bilateral contract.
Explanation:
Bilateral contract: It is a legally binding contract between two or more parties, wherein each party agree to fullfil the promise made to each other.
There are four elements necessary for the existence of a bilateral contract:
- Agreement.
- Consideration.
- Intention to create legal relations.
- Certainty.
In the given case, Clay offers to pay Diane $50 for a golf lesson for Ewan, which they are fulfilling by agreeing to meet on Friday to exchange the cash for the lesson. Therefore, these parties have made a bilateral contract.
Answer:
The correct answer is $5.15.
Explanation:
Preference Dividend = Shares × Par Value Of Per Share × Cumulative Rate%
= 52,000 × $100 × 5%
= $260,000
Common Shares Equivalent From Stock Option = 1 ÷ Market Price Of Common Stock Average Per Share × Farewell Granted Stock On Jan.1 × Right To Buy Share
= 1 ÷ $34 × 14,000 × 20
= 8,235.29
Calculation Farewell Diluted Earning Per Share= Net Income - Preference Dividend ÷ (Common Shares Equivalent From Stock Option+Common Shares)
=2,900,000-260,000 ÷ ($8,235.29 + 504,000)
=2,640,000 ÷ 512,235.29
= $5.15