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a_sh-v [17]
3 years ago
10

Donald, the owner of a popular restaurant, is a religious man, and he needs to make a decision on whether he will add beer and w

ine to his menu, based on the recommendations of his chefs and others. When confronted with a choice when making a decision, he tends to make his decisions based on his beliefs, even if evidence shows those beliefs are wrong. If his beliefs favornot serving alcohol in his café, according to the prior-hypothesis bias he would choose not to add beer and wine to his menu.
True
False
Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

it got a little hard to understand at the end but from what read, I'll say it's true...

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Prextos Corp., after incurring losses, decides to move its manufacturing unit to a foreign location where it would get labor at
Darya [45]

Answer:

Offshoring

Explanation:

offshoring is the  process of  moving an aspect of a business process overseas with the intention of  reducing cost.

A firm can move its manufacturing process from its own parent country to another country (usually where the  labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to  reduce  its cost of production thereby increasing its added value.

From the above explanation, we can conclude that Prextos is planning to employ  Offshoring to cut down losses.

7 0
3 years ago
An economy where the government sets prices, determines what and how many items will be produced, and assigns
marysya [2.9K]
The answer would be A, command economy
5 0
3 years ago
Randall's has 28,000 shares of stock outstanding with a par value of $1 per share. The market value is $13 per share. The balanc
a_sh-v [17]

Answer: $38,200

Explanation:

There are 28,000 Outstanding shares with a $13 market value.

That means that in total they are valued at,

= 28,000 * 13

= $364,000

The firm announced a 15% dividend so we take 15% of the total amount.

= 15% * 364,000

= $54,600

$54,600 is the total amount they will pay as dividends.

Dividends are taken from the Retained Earnings meaning that the balance in Retained earnings is therefore,

= $92,800 - $54,600

= $38,200

$38,200 will be the balance in the retained earnings account after the dividend.

3 0
3 years ago
An example of an inventory accounting policy that should be disclosed in Summary of Significant Accounting Policies is the:_____
ludmilkaskok [199]

Answer:

Option C

Explanation:

The overview of important accounting rules is a portion of the end notes that accompanies the financial statements of an company, outlining the key policies that the finance department is following. The policy overview is prescribed by the accounting system in force (like the GAAP or IFRS).

The approach a corporation uses to assess the inventory expense (inventory valuation) affects the financial reports explicitly. Thus, it should be depicted in summary of accounting policies.

8 0
3 years ago
Unit volume as a pricing objective refers to the ratio of production costs to the minimum sales price that would still generate
victus00 [196]

Answer:

The quantity of products to be produced or sold.

Explanation:

The pricing objectives refer to the goals a business establih and that it uses to establish the way in which it sets the prices of the products or services. Unit volume is a price objective and it refers to establishing a price to reach a high unit volume. According to this, the answer is that unit volume as a pricing objective refers to the quantity of products to be produced or sold.

8 0
3 years ago
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