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kotegsom [21]
3 years ago
11

Ben is planning a ground-breaking ceremony for the company's new headquarters in Charlotte, North Carolina. He has a limited bud

get and renting an air-conditioned tent will put him over budget. It is June and the fiscal year ends in October. Because Ben believes he can cut other expenses to maintain his budget for the year, he orders the air-conditioned tent. Ben is at which step in the rational decision-making process?
Business
1 answer:
OleMash [197]3 years ago
8 0

Answer and Explanation:

From the following given case or scenario, we can state that Ben in this particular case would select the best alternative  during the rational decision making process. In this particular case, Ben tends to believe that he can easily cut the other expenses in order to maintain the budget for this year.  

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melomori [17]
I think it’s C, please forgive me if I’m wrong
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2 years ago
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Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with la
mrs_skeptik [129]

Answer:No, Lake source cooling is not economically advantageous.

Explanation:

The cost of the lake source cooling is S30 greater than the cost of the refrigerator.

Though the lakes source option will bring additional income of S2400 for ten years this will only reduce it's cost to S2900 and this is still higher than the total cost of the refrigerator option of S2,120.

The straight line depreciation option on both options will not change this decision since it will have the same effect on both options.

7 0
2 years ago
You invest $180 in a mutual fund today that pays 6.80 percent interest annually. How long will it take to double your money? (If
madreJ [45]

Answer:

It will take 10 years and 197 days.

Explanation:

Giving the following information:

You invest $180 in a mutual fund today that pays 6.80 percent interest annually.

To calculate the time required to double the money, we need to use the following formula:

n=[ln(FV/PV)]/ln(1+r)

n= [ln(360/180)] / ln(1.068)

n= 10.54

To be more accurate:

0.54*365= 197

It will take 10 years and 197 days.

3 0
3 years ago
Sheridan, Inc. acquired 40% of Pina Corporation's voting stock on January 1, 2021 for $1060000. During 2021, Pina earned $364000
docker41 [41]

Answer:

$102,500

Explanation:

As per the given question the solution of gain be on sale is provided below:-

For reaching the gain be on sale first we need to follow some steps which is following below:-

Step 1

December 31, 2021 Investment = Initial investment + Net income - Dividend

= $1,060,000 + ($364,000 × 40%) - ($250,000 × 40%)

= $1,060,000 + $145,600 - $100,000

= $1,205,600 - $100,000

= $1,105,600

Step 2

July 1,2022 Investment = December 31, 2021 Investment + Net income - Dividend

= $1,105,600 + ($533,000 × 6 months ÷ 12 months × 40%) - ($138,000 × 40%)

= $1,105,600 + $106,600 - $55,200

= $1,212,200 - $55,200

= $1,157,000

Step 3

Now, the investment half value = $1,157,000 ÷ 2

= $578,500

and finally

So, Gain = Stock - Half value of Investment

= $681,000 - $578,500

= $102,500

So, we have calculated the gain be on sale in Sheridan's 2022 income statement by using the above formula.

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3 years ago
Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its aver
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I thank the answer is $17.45
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