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Phoenix [80]
3 years ago
8

Gregory was talking with tom, his assistant manager, saying, "when i make a decision on which employee to pick to do a project,

i use three simple factors, which i call my decision making "rules of thumb." i consider their attitude and knowledge, and how hard they work." gregory's rules of thumb, which he uses in decision making, are known as _____.
Business
1 answer:
ivanzaharov [21]3 years ago
8 0
The answer to the question above is "heuristic" which is the rule of thumb used by Gregory in decision making. The heuristic is a simple rule of individual's mental processes through the development and learning. Gregory considers employees' attitude, knowledge, and hard work for the basis of his decision making. These are the developments and learnings of the employee which are the heuristic aspects<span>.</span>
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Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2020, a fire cause
Sonbull [250]

Answer:

Explanation:

cost of building = $800,000

business = $800,000 x 40% = $320,000 - $100,000 (depreciation) = $220,000

personal use = $800,000 x 60% = $480,000

adjusted basis:

business = $220,000

personal use = $480,000

decline in FMV:

business = $700,000 x 40% = $280,000

personal use = $700,000 x 60% = $420,000

loss on building (lesser of basis of decline in FMV):

business = $220,000

personal use = $420,000

recovery from insurance company $600,000

business = $600,000 x 40% = $240,000

personal use = $600,000 x 60% = $360,000

gain/loss on building:

business = $175,000 - $220,000 = -$45,000 (loss)

personal use = $360,000 - $420,000 = -$60,000 (loss)

gain/loss on contents:

business = $240,000 - $220,000 = $20,000 (loss)

personal use = $65,000 - $50,000 = $15,000 (gain)

AGI before the fire = $100,000

+ business gain on building $20,000

- business loss on contents ($45,000)

- personal loss on building up to personal gain ($15,000)

<u>+ personal gain on contents $15,000</u>

heather's AGI after the fire = $75,000

4 0
4 years ago
The model of competitive markets relies on these three core assumptions:
Karolina [17]

Answer:

B. No, no free entry

Explanation:

With a patent granted to one pharmaceutical company to produce and sell an experimental AIDs drug, all doors of free entry and exit have been locked against other pharmaceutical companies.  This implies that one of the major ideals of a competitive market is violated.  Without free entry and exit, there cannot be many sellers, and we cannot discuss about the possibility of firms producing identical products because there is only one drug.

4 0
3 years ago
When did the court cases reach the Supreme Court?
Ket [755]

Answer:

August 3, 1791

Explanation:

7 0
3 years ago
On the balance sheet, the lease liability is measured as ________. B) the present value of the lease payments less the present v
nirvana33 [79]

Answer:

The correct answer is option (b) The present value of the lease payments less the present value of the guaranteed residual value (if any)

Explanation:

For balance sheet, the liability of lease is measured as the present value of lease payments less the present value of the guaranteed residual value.

Normally, the equipment  been leased by the company will record the equipment as an asset, and a liability will be recognize by the company on the balance sheet, by an amount identical to the present value of the  lease minimum payments lease residual value guaranteed, if there are any.

3 0
3 years ago
Lily Company was started last year when Lily borrowed $70 cash from the local bank. Lily used that $70 cash to purchase inventor
aev [14]

Answer:

d. Owners' Equity is $30

Explanation:

The owners equity is the amount of money that is own by the owner of the business or the business itself minus all of the debts that the business has, in this example, Lily just sold $100 in products, generating a profit of $30, because she bought that for $70, but she owns $70 of those $100 to the local bank, so eventhough she has $100, only $30 are actually owned by the business so Owner´s Equity equals $30.

6 0
4 years ago
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