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MaRussiya [10]
3 years ago
5

Aaron prefers to fly with Qantas rather than Alaska Airlines because of their better safety record. He prefers Jet Blue to Qanta

s because they have inflight television. However, he would rather fly Alaska than Jet Blue because they have a better customer satisfaction rating. This preference ranking violates the order rule of the five Rules of Actional Thought. True False
Business
1 answer:
Softa [21]3 years ago
5 0

Answer:

True

Explanation:

Five Rules of Actional Thought is often referred to as Five Axiom of Decision Making. It includes the following:

1. Probability

2. Order

3. Equivalence

4. Substitution

5. Choice.

The Order Rule declared that one must be ready to have a decision order without any cycles. This can be expressed as follows: If an individual prefers A to B and B to C, he or she must prefer A to C.

Therefore, in this situation: Aaron prefers Qantas to Alaska, and Jet Blues to Qantas. However, since he would rather fly Alaska than Jet Blue because they have a better customer satisfaction rating, shows CYCLE in his decision order.

Hence, in this case, it is TRUE that this preference ranking violates the order rule of the Five Rules of Actional Thought.

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The alternative combinations of goods and services that could be produced with all available resources and technology is the:
ICE Princess25 [194]
The alternative combinations of goods and services that could be produced with all available resources and technology is the production possibilities.
8 0
3 years ago
The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ
gavmur [86]

Answer:

A) It is a use of cash, and will be shown in the investing section as a subtraction.

B) Depreciation Expense

C) Chester’s long-term debt will rise by $10,000,000

D) Broad differentiation

E) Andrews ROE will increase.

Explanation:

A) As the company will do a cash dibursement will be considered cash use and because is investing on it to increase future cash flow

B) A period cost is a cost which cannot be capitalized into an asset. As cost which occur as the time passes over the years Which is the case for depreciation expense

C) bonds payable for 10,000,000 will be recorded

the leverage is a ratio to analize the firm it does not influence the accounting

D) The company differenciate his products from the rest of their competitors in a great variety of products rather than a single buyer segment.

E) ROE will increase as the leverage makes the debt weight increase while the equity weight (proportion of the company owned by the stockholders)

For the rest ofthe options the information provided is insufficient please do another question with the information

8 0
3 years ago
In an assembly operation at a furniture factory, 4 employees assembled an average of 600 standard dining chairs per 6-day work w
lubasha [3.4K]

Answer:

25 chairs per employee.

Explanation:

In this case labour productivity is the number of dining chairs per day over number of employees.

An average of 600 standard dining chairs were assembled per 6-day work week.

This means that, the number of dining chairs assembled per day is

\frac{600}{6}  = 100

The number if employees is 4.

Therefore the labour productivity of this operation is:

\frac{100}{4}  = 25

per employee.

4 0
3 years ago
Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land
Marta_Voda [28]

Answer: $38,410,000

Explanation:

When recording investments in fixed assets, it is best to use the market value at the time.

The market value of the land will therefore be the relevant cost here.

Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading

= 7,700,000 + 29,300,000 + 1,410,000

= $38,410,000

8 0
3 years ago
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared mo
Usimov [2.4K]

Answer:

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor         66010

Indirect labor         10240

Utilities                  8270

Supplies                  2520

Equipment depreciation 29890

Factory rent          8400

Property taxes   2600

Factory administration 16380

Total expense           144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor            62790

Indirect labor            9960

Utilities                    8130

Supplies                     2480

Equipment depreciation 29310

Factory rent                         8400

Property taxes                 2600

<u>Factory administration         16220 </u>

<u>Total expense                  139890 </u>

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

                           Spending Variances

Direct labor         1540 U

Indirect labor          540 F

Utilities                  530 U

Supplies                  250 U

Equipment depreciation None  

Factory rent          400 U

Property taxes None  

<u>Factory administration 610 F </u>

<u>Total expense   1570 U</u>

Explanation:

Based on the information given from the question, the planning budget will look like the following

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor         66010

Indirect labor         10240

Utilities                  8270

Supplies                  2520

Equipment depreciation 29890

Factory rent          8400

Property taxes   2600

Factory administration 16380

Total expense           144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor            62790

Indirect labor            9960

Utilities                    8130

Supplies                     2480

Equipment depreciation 29310

Factory rent                         8400

Property taxes                 2600

<u>Factory administration         16220 </u>

<u>Total expense                  139890 </u>

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

                           Spending Variances

Direct labor         1540 U

Indirect labor          540 F

Utilities                  530 U

Supplies                  250 U

Equipment depreciation None  

Factory rent          400 U

Property taxes None  

<u>Factory administration 610 F </u>

<u>Total expense   1570 U</u>

7 0
3 years ago
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