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wolverine [178]
3 years ago
12

You give disappointments little thought after they happen.

Business
1 answer:
bogdanovich [222]3 years ago
5 0
Doesn’t everyone do something similar to that respect? Typically when they’re uninterested yet forced?
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On July 1, 2019, Sheffield Corp. pays $20,700 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fisca
11111nata11111 [884]

Explanation:

The journal entries are as follows:

On July 1

Prepaid Insurance A/c Dr $20,700

           To Cash A/c $20,700

(Being prepaid insurance is paid)

On December 31

Insurance expense A/c Dr $

          To Prepaid insurance A/c $1,110

(Being the insurance expense is recorded)

The insurance expense is shown below:

= $20,700 ÷ 3 years × 6 months ÷ 12 months

= $3,450

3 0
3 years ago
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that hi
tangare [24]

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

7 0
3 years ago
Hyundai achieved the status of being the 6th largest automobile producer in the world by 2005 and a major competitor to gm, ford
Novay_Z [31]
Hyundai's success has been attributed to their AGGRESSIVE GOAL SETTING. The articles that review the success of the Hyundai company believed that the success of the company is due to many factors which include: internal transfer of experienced staff, focusing on localized production, the codification of previous experience and aggressive goal setting. 
6 0
3 years ago
Regina, the CEO of a popular health magazine, subscribes to 20 other magazines to follow the industry trends, understand the fin
Akimi4 [234]

Answer:

the monitor role

Explanation:

As stated by Henry Mintzberg, managerial roles can be divided into three basic categories:

  1. informational roles: includes monitor, disseminator and spokesperson roles.
  2. interpersonal roles: includes figurehead, leader and liaison roles.
  3. decisional roles: includes the entrepreneur, disturbance-handler, resource-allocator and negotiator roles.

The monitor role requires the manager to seek out information related to the organization and industry, and monitor the organization's productivity and well-being.

8 0
3 years ago
Non verbal communication is also referred to as
quester [9]

It can be called facial expressions

6 0
3 years ago
Read 2 more answers
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