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DiKsa [7]
3 years ago
14

To persuade your boss to hire additional customer support​ staff, you might point to industry surveys that show how crucial cust

omer satisfaction is to corporate profits. This is an example of​ _________________ reasoning.
A. rational
B. inductive
C. analytical
D. deductive
E. empirical
Business
1 answer:
guapka [62]3 years ago
5 0

Answer:

D. deductive

Explanation:

It seems that based on the information regarding the situation this is an example of deductive reasoning. This term refers to the process of reasoning by using one or various different statements together in order to come to a logical and reasonable conclusion. Which is what is happening in this situation since the information provided within the surveys will lead to your boss deducing that hiring additional staff is the best option.

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Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.7 percent and annual payments. The yield to maturity is 6.9 perc
scoundrel [369]

Answer:

Price of bond = $1,798.27

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV  

The value of bond for Gugenheim, Inc.can be worked out as follows:  

Step 1  

PV of interest payments  

annul interest payment  

= 5.7% × 2000  = 138  

annual yield = 6.9%

Total period to maturity = 13 years

PV of interest payment = 114  × (1- 069^-13)/0.069=958.19

Step 2  

PV of Redemption Value  

= 2,000 × (1.069)^(-13) = 840.078

Price of bond  =958.196089  +  840.078 =1,798.27

Price of bond = $1,798.27

8 0
3 years ago
Rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward is
Yuki888 [10]

Answer:

This is called deflation.

Explanation:

Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.  

The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '

The decline in price is not good for everyone and adversely affects producers.  It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.

5 0
2 years ago
Kingston Co. uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable wi
love history [14]

Answer:

Kingston Co.

Adjusting Journal Entry to record bad debt expense for the year:

Account Titles and Explanation   Debit    Credit

Bad Debts Expense                    $2,700

Allowance for Doubtful Accounts           $2,700

To record bad debt expense for the year and bring the allowance for doubtful accounts to a credit balance of $4,200.

Explanation:

a) Data and Analysis:

Accounts receivable at the end of the year = $420,000

Allowance for doubtful accounts (credit balance) = $1,500

Estimated uncollectible = 1% of account receivable

New credit balance for allowance for doubtful accounts = $4,200

Adjustment to increase the allowance for doubtful accounts to the above new balance = $2,700 ($4,200 - $1,500)

Bad Debts Expense $2,700 Allowance for Doubtful Accounts $2,700

5 0
2 years ago
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