Answer:
C. 1.7 hours
Explanation:
The equation is .5x(study time) + .25x(Hrs in class) + .25x(prior Gpa). He spent 4 hours in class and had a 2.75 GPA, so we can simplify it to .5x + 1.6875x = 4.0. Combine like terms to get 2.1875x = 4. Divide the coefficient and x should come up to about 1.8, this is the closest answer, so I think its C!
Answer:
The correct answer is letter "C": moral hazard.
Explanation:
In the principal-agent problem, Moral Hazard represents actions taken by employees of an organization for their benefits instead of the company's. The term extends to many other fields such as financing with similar connotations. Moral hazard, in general, is described as the risk one party takes knowing that another party will have to suffer the consequences.
Answer:
The correct answer is letter "B": the highest level of activity possible allowing for normal repairs and maintenance.
Explanation:
Practical capacity is the maximum level of production a manufacturing company can reach over a determined period. The concept considers the time dedicated to the maintenance of equipment, time employees take off from work, and equipment set up. Practical capacity is used in the firm's budget to calculate the output a firm should reach.
Answer:
frictional
Explanation:
Frictional unemployment appears when there are transitions like people that leave their work to find a new one and people that enter the workforce. According to that, the answer is that short-term unemployment that is associated with the process of matching workers with jobs is called frictional unemployment because this refers to people that become unemployed for a small period of time when they quit to get a new job.
Answer:
c. Debit: Discount on notes payable, $41,884.
Explanation:
The journal entry is shown below:
Equipment $883,116
Discount on Notes payable $41,884 ($740,000 - $698,116)
To Notes payable $740,000
To Cash $185,000
(Being the amount paid in cash and note payable is recorded)
Working note
= Note payable amount × PVF factor at 6% for one year
= $740,000 × 0.94340
= $698,116
For recording this we debited the equipment as it increased the assets and discount is always debited while the note payable and cash is credited as it increased the liabilities and reduced the assets