1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lbvjy [14]
3 years ago
12

Scenario: Phillip and Joseph are two classmates who represented their college in a quiz competition as a team and won $500. Howe

ver, the winning amount was handed over by the organizers to their professor who had accompanied them. The professor gave the money to Phillip and asked him to offer any amount he wants to Joseph. If Joseph accepts the offer, the money would be split in the decided proportion between them. However, if Joseph rejects the offer, the money would go to their college fund. Refer to the scenario above. If Joseph prefers more money to less, ________.
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

The answer is He will except any offer made to him.

Explanation:

If Joseph prefers more money to less, ___He will except any offer made to him._____. Because he wants the money.

You might be interested in
(1) By early 2008 the U.S. economy was in a significant downturn. The unemployment rate began to
alexandr1967 [171]

Answer:

The economic principle governing the congressional package is known as economic stimuli.

Explanation:

The phenomenon of Economic stimuli is described as a change in economic or fiscal policy to enable economic growth in an economic slump. Some of the other activities may include dropping interest rate or quantitative easing.

7 0
3 years ago
The right to trade an investment over a certain period of time is called a(n):
Sloan [31]
The right to trade in investment over a certain period of time is called C. Option.
3 0
3 years ago
Petra, Inc. has collected the following data.​ (There are no beginning​ inventories.): Units produced 580 units Units sold 580 u
Debora [2.8K]

Answer:

Operating income is $28,197.2

Explanation:

In order to calculate operating income, first we have to calculate total product cost per unit which is calculated as shown below:

Direct material per unit = $30

Direct labor = $35

Variable manufacturing overhead per unit = $10

Fixed manufacturing overhead per unit = 23,000 ÷ 580 = $39.66 per unit

Product cost per unit = 30 + 35 + 10 + 39.66 = $114.66

Now compute operating income as shown below:

Total sales = Per unit sales price × Units sold

                  = $230 × 580

                  = $133,400

Cost of goods sold = Units produced × product cost per unit

                                = 580 × 114.66

                                = $66,502.8

Gross profit = Sales - COGS

                    = 113,400 - 66,502.8

                    = $46,897.2

Fixed selling and administrative cost = $10,000

Variable selling and administrative cost = 15 × 580 = $8,700

Total selling and administrative cost = 10,000 + 8,700 = $18,700

Operating income = Gross profit - total selling and administrative cost

                               = $46,897.2 - 18,700

                               = $28,197.20

7 0
3 years ago
The DHSMV _________________________ is an enforcement sector that patrols state highways and ensures the safety of drivers and c
Nadusha1986 [10]
The DHSMV Division of the Florida Highway Patrol is an enforcement sector that patrols state highways and ensures the safety of drivers and citizens while on the road.
5 0
3 years ago
As the Chief Financial Officer for a metal refinery, Kaylee disagrees with using a turnkey strategy to enter into the Asian mark
denpristay [2]

Answer:

Take a minority equity interest in the operation.

Explanation:

Multiple Choice

a) Sell competitive advantage to competitors.

b) Agree to import another product from the Asian market.

c) Take a minority equity interest in the operation.

d) Withhold vital process technology from the local firm.

e) Establish a franchise operation.

A turnkey strategy is a market entry position where the project is built from the ground up and turned over to the client ready to go – turn the key and the plant is operational. This is a very good way to enter foreign markets as the client is normally a government. While when one takes a minority equity interest they do not have the votes to control the operations and finances of the the company’s business.

Kaylee, the Chief Financial Officer for a metal refinery, Kaylee reasons that the company doesn't have longterm interest in the Asian market advises to take a minority equity interest in the operation in order not to lose financially.

4 0
3 years ago
Other questions:
  • Ginger is a United States citizen who paid the following foreign income taxes: $10,000 tax paid to England on consulting fee inc
    9·1 answer
  • Chloe and Tamara start a vintage fashion boutique. While both invest equally in the store and are entitled to equal profits, it
    15·1 answer
  • Closing entries transfer the balances of all temporary accounts (revenues, expenses, and dividends) to the Common Stock account.
    13·1 answer
  • __________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, and desirabl
    5·1 answer
  • a. What is the​ bond's yield to maturity​ (expressed as an APR with semiannual​ compounding)? b. If the​ bond's yield to maturit
    12·1 answer
  • Free brainliest to first person
    14·2 answers
  • Assume BarnesandNoble.com has 289 business math texts in inventory. During one month, the online bookstore ordered and received
    10·1 answer
  • Profit is only a liability for the business. Can you justify this?​
    9·1 answer
  • Which of these describes what can happen with an adjustable-rate mortgage?
    11·2 answers
  • The Economic Freedom of the World index provides a measure of the extent to which various countries
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!