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Elza [17]
3 years ago
11

When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi

s own destiny and made a decision to rebuild the company. dave is an individual with a(n)?
Business
1 answer:
Luden [163]3 years ago
7 0

Dave is an individual with an <u>"Internal locus of control".</u>


Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.  

In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.  

Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.

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Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
sesenic [268]

Answer:

<u>$35</u>

<u>Explanation</u>:

Note the formula:

Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q

<u>Total Revenue for 2 units of output sold</u>

= 2 x $50 = $100

<u>Total Revenue for 3 units of output sold</u>

= 3 x $45 = $135

<u>The Marginal Revenue=</u>

Change in TR (135-100) / Change in quantity (3-2)

= $35/1

= <u>$35</u>

Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.

7 0
3 years ago
At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts:
kvv77 [185]

Answer:

    Cash                                                  Accounts receivable

    debit              credit                          debit              credit

    42,000                                              25,000

c.  140,000                                       a.   185,000

d.                        120,000                 <u>c.                         140,000</u>  

<u>e.                        31,400   </u>                      70,000

    30,600

    Service revenue                               Accounts payable

    debit              credit                          debit              credit

a.                         185,000                                            8,400

    <u>185,000                       </u>                b.                        45,800

       0                     0                        <u>e.   31,400                      </u>

                                                                                    22,800

    Common stock                                 Retained earnings

    debit              credit                          debit              credit

   <u>                        24,000</u>                                              34,600

                           24,000                  f.   10,000

                                                              <u>                        19,200</u>

                                                                                      43,800

    Operating expenses                        Salaries expenses

    debit              credit                          debit              credit

b.  45,800                                         d.  120,000                  

<u>                            45,800</u>                       <u>                      120,000</u>

       0                      0                                  0                    0                      

in order to determine the balance of the retained earnings account at the end of the year, we must first close all the temporary accounts:

Dr Service revenue 185,000

    Cr Income summary 185,000

Dr Income summary 165,800

    Cr Operating expenses 45,800

    Cr Salaries expense 120,000

Dr Income summary 19,200

    Cr Retained earnings 19,200

6 0
3 years ago
When it comes to investing, what is the typical relationship between risk and return
Harlamova29_29 [7]
When it comes to investing, the typical relationship between the risks and returns was that the greater the potential risk, the greater the investment return an investor will get. That is why investments are very risky, and an investor must be a risk-taker to attain such success. 
8 0
3 years ago
Read 2 more answers
Why is the relational approach to leadership useful for leading sustainability in an organisation? Please indicate 3 reasons.
Alisiya [41]

Answer:

The understanding including its context has been explained throughout the explanation segment elsewhere here.

Explanation:

  • The relational leadership style wants to replicate the understanding that organizational culture ultimately resulted from those throughout the actions including its exemplary entrepreneur with either the perspective that leadership moves away from relations between people, gatherings.
  • Relational leadership acknowledges that perhaps the performance of the connections clients construct seems to be the surprise to relevance and success.
  • This methodology takes time to build as well as accomplish the goals of organizations, requirements, standards of practices, and so much more. Relational leadership could sometimes be extremely successful, especially whether it is accurate, caring, and compassionate, strengthened by hand movements of companionship but instead embodied mostly in the cultural values of an organization.
4 0
3 years ago
The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below.
Arlecino [84]

Answer:

Date   Accounts Titles & Explanation  Debit  Credit

Dec 31    Rent Expense                          $2,040

               ($6,120 *2/6)

                      Prepaid Rent                       $2,040

Dec 31     Deferred Revenue                 $525

                      Service Revenue                           $525

Dec 31    Salaries Expense                     $700

                      Salaries Payable                           $700

Dec 31     Supplies Expense                  $2,390

                ($3,100 - $710)

                      Supplies                                       $2,390

       

              Demon Deacons Corporation

                 Adjusted Trial balance

                  December 31, 2021

         Accounts             Debit$        Credit$

Cash                               9,100

Account receivable       14,100

Prepaid rent                   4080

Supplies                          710

Deferred revenue                               1,575

Salaries payable                                  700

Common stock                                    11,000

Retain earnings                                   5,100

Service revenue                                 45,245

Salaries expenses          31,200

Rent expenses                2,040

Supplies expenses         <u>2,390</u>          <u>              </u>

Total                                $<u>63,620</u>     $<u>63,620</u>

Prepaid rent = 6,120 - 2,040 =  4080

Supplies = 3100 - 2390 = 710

Deferred revenue = 2,100 - 525 = 1575

8 0
3 years ago
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