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Dmitry [639]
3 years ago
14

Last summer Rick worked at a shoe store where he was told there was a commission for selling more shoes so Rick worked really ha

rd and sold many pairs. At the end of the first month, Rick's paycheck showed very little extra money on top of his base pay. So the following month Rick decided he was not going to work as hard because the commission from sales was such a tiny part of Rick's paycheck. Rick coasted through the rest of his summer job hardly sold any shoes. What motivational theory prompted Rick to do what he did?
Business
1 answer:
Leona [35]3 years ago
3 0

Answer:

Expectancy Theory

Explanation:

Based on the information provided within the question it can be said that the motivational theory that prompted Rick to do what he did is Expectancy Theory. This is a theory that proposes that an individual is most likely to choose a specific behavior because they know and like what they expect the consequence to be for that choice. Since Rick worked hard and got less money, he now decides to work less because he knows working harder doesn't pay off.

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The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,460,000, and the December 31, 2016, balance sh
victus00 [196]

Answer:

- $140,000

Explanation:

The Cash flow to creditors = Interest paid - Net new borrowing

                                           = Interest paid - (Ending Long term debt - Beginning Long term debt)

                                         = $100,000 - ($1,700,000 - $1,460,000)

                                         = $100,000 - $240,000

                                         = - $140,000

Therefore, the cash flow to creditors is - $140,000.

4 0
3 years ago
Angus Bank holds no excess reserves but complies with the reserve requirement. The required reserves ratio is 8​%, and reserves
grandymaker [24]

Answer:

$3.68 million

Explanation:

Reserve Ratio = 8%

Reserves are currently = ​$25 million

Amount of deposits = ​$ 312.5 million

Deposit outflow = ​$4 million

Remaining Deposits =  Amount of deposits - Deposit outflow

                                  = $ 312.5 million - $4 million

                                  = $308.5 million

Current Required Reserve after outflow of deposits(CR):

= $25 million - ​$4 million

= $21 million

Therefore,

Shortage of Reserve = CR - (Remaining Deposits × Reserve Ratio)

                                   = $21 - ($308.5 × 0.08)

                                   = $21 - $24.68

                                   = -($3.68)

Therefore, the reserve shortage created by a deposit outflow of ​$4 million is ​$3.68 million

3 0
3 years ago
Rent is an example of a(n) _____.
faust18 [17]

Answer:

a. fixed cost

Explanation:

Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.

Fixed costs are the business expenses that remain the same throughout the financial period.  A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.

6 0
3 years ago
Read 2 more answers
Select the correct answer.
mars1129 [50]

Answer:

The correct answer is C) Potential for high growh and dividend payments

Explanation:

When you purchase a stock of a company, you do it because you expect the company to grow and have good financial results. If the company has a good financial statement at the end of the year, it will pay you a dividend, which is the proportion of the company's profits in relation to the number of shares that you possess.

For example, if company ABC earned a $1,000,000 profit in 2019, and you own 1% of shares, the dividend that you would recieve is : $1,000,000 x 1% = $10,000

7 0
3 years ago
The _____ is a financial statement that reports the revenues, expenses, and net income or loss that resulted from a firm’s opera
suter [353]

The Income Statement is a financial statement that reports the revenues, expenses, and net income or loss that resulted from a firm’s operations over an accounting period.

<u>Explanation:</u>

The Income Statement is one of the company’s center financial reports that confers their gain and loss over a remarkable time. The gain or loss is circumscribed by practicing all revenues and deducting all liabilities from both working and non-operating exercises.

The income statement is a vital element of a company’s execution reports that need to be yielded to the Securities and Exchange Commission (SEC). An income statement presents worthy insights into a company’s operations, the performance of its management, underperforming areas and its production applicable to industry rivals.

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