Answer:
B. To weigh the various alternatives and choose a course of action
Explanation:
The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.
The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.
Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.
Answer:
Inelastic; 5%; fall; 10%; rise
Explanation:
Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.
Price elasticity between 0 and 1 shows inelastic demand.
This means that there is smaller change in demand due to a greater change in price level.
Price elasticity of demand is -0.5.
If the price falls by 10%, demand will increase by 5%.
The revenue will fall, because of greater fall in price.
If the price increases by 20%, demand will fall by 10%.
Revenue will increase because of greater increase in price.
Answer:
Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished
Explanation:
Return on Investment will be Income/ Investment Capital
Which in this case is defined as total assets.
So it would be<em> Income / Total Assets</em>
The last is a given figure: 150,000
Now <u>let's first find out the income:</u>
180,000 revenues - 160,000 expenses = 20,000 net income
Finally <em>calculate the </em><em>ROI</em> 20,000/ 150,000 = 13.33%
Answer:
The answer is c.reported on the balance sheet as a deduction from the cost of the mineral deposit.
Explanation:
Accumulated Depletion Account is the account showing the accumulated depletion expenses relating to the use/exploitation of natural resources since the beginning.
Just like Accumulated Depreciation Account, The Accumulated Depletion Account is a contra-asset account which is reported on the Balance Sheet under the Natural Resources Account; the net effect of the two account shows the net book value of Natural Resources Account.
Thus, c. reported on the balance sheet as a deduction from the cost of the mineral deposit. is the correct choice.
Answer:
The answer is: A) breached
Explanation:
Evelyn breached her contract with Hill & Dale because she failed to perform her duties. In order for the contract to end, both parties must fulfill their duties or both parties must agree to cancel the contract. Any party involved in a contract can sue for damages, so Hill & Dale are entitled to sue Evelyn for compensatory damages.
