Answer:
Confirmation bias
Explanation:
The reason is that the business managers who always see the one side of the story are biased because they don't see what the person whom they rejected was doing with its life and capabilities that he developed that might be the best resouce for the company. This consecutive result which forms a perception that the person is right is often called confirmation biasness.
Answer:
$59 milliom
Explanation:
Calculation to determine what Stern's taxable income for the year would be:
Using this formula
Stern's taxable income=Accounting income +Rent received temporary difference
Let plug in the formula
Stern's taxable income=$48 million+ $11 million
Stern's taxable income=$59 million
Therefore Stern's taxable income for the year would be:$59 million
Answer:
c. increase by $2,000
Explanation:
The computation of company net operating income is shown below:-
New amount for Store A variable expenses = Sales percentage × Store A sales
= 0.62 × $100,000
= $62,000
Change in net operating income = (Variable expenses of store A - New amount for Store A variable expenses) - Fixed expenses
= ($72,000 - $62,000) - $8,000
= $10,000 - $8,000
= $2,000 increase
Answer:
will not change it prices
Explanation:
Economic profit is the difference between the total income received and the total costs of inputs minus opportunity costs. Opportunity costs will include other implicit costs.
While accounting profit considers the general expenses in calculating profit and loss, economic profit takes into account opportunity costs together with the regular expenses.
If the licensee fee will not affect the economic profit, it implies that the firm profitability will remain the same. The accounting profit, which is what is usually reported in the income statement, will not be significantly affected. Therefore, the company will likely not change its prices.
Incomplete question. I provided three factors that can impact cost or revenue within an organization.
<u>Explanation:</u>
1. Production capacity: Theoretically, the greater the production capacity, the higher the opportunity for added revenue since more of the goods or services can be rendered.
2. The market segment: A good market segment can result in profitability for the business.
3. Type of labor employed: Many modern-day industrialists believe that organizations that switch to an automated labor force can achieve lower operational cost; thereby leading to more revenue.
