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Darina [25.2K]
3 years ago
9

How can we develop desicion making skill on ourselves​

Business
1 answer:
Zielflug [23.3K]3 years ago
8 0

Answer:

Six simple steps for better decision-making skills

  1. Start with the desired outcome. Start with squad goals. ...
  2. Rely on data and insights to spot patterns. .
  3. Use S.W.O.T. analysis. ...
  4. Simulate the outcomes. ...
  5. Trust your instincts. ...
  6. Identify your cognitive biases
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Prepare journal entries for each of the following transactions. a. On October 28 of the current year, an account receivable for
Fiesta28 [93]

Answer:

Explanation:

a.

Debit:

Allowance for doubtful accounts- 2800

Credit:

Accounts Receivable- 2800

b.

Debit:

Bad Debt Expense- 23,800

Credit:

Allowance for Doubtful Accounts- 23,800

The creation of journal does not is not difficult, as it direct and easy to do without much explanation. I hope this information is helpful

4 0
3 years ago
Mr. and Mrs. Jones are purchasing a summer home in a new resort development. The house is completely equipped, and the buyers ha
Liono4ka [1.6K]

Answer:

The correct answer is A package trust deed.

Explanation:

A trust or trust (from the Latin fideicommissum, in turn from fides, "faith", and commissus, "commission") is a contract under which one or more persons (trustor / trustee / s) transfer assets, amounts of money or rights, present or future, of your property to another person (fiduciary, who may be a natural or legal person) to administer or invest the property for their own benefit or for the benefit of a third party, called beneficiary, and transmit your property, upon compliance with a term or condition, to the trustee, which may be the trustee, the beneficiary or another person.

At the time of the creation of the trust, neither party owns the property object of the trust. The trust is, therefore, a contract whereby a person allocates certain assets for a specific lawful purpose, entrusting the realization of that purpose to a fiduciary institution in all companies.

The assets affected by the trust do not run the commercial risk of the trustee (the one who transfers ownership of the assets) or the trustee (the owner of the trust assets after the expiration of the contract term), since the assets that are the object of the trust It cannot be prosecuted by the creditors of either of them, nor affected by the bankruptcy of both or any of them.

4 0
4 years ago
Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter ov
Nataly_w [17]

Answer:

The answer is b) $5,319,000.

Explanation:

We have cash collection in third quarter will include:

+ 40% of sales in third quarter which is made in cash;

+ 70% of the remaining 60% of credit sales in third quarter which is collected within the quarter;

+ The remaining 30% of 60% credit sales in second quarter which is collected in third quarter.

We also have:

Sales in second quarter (units) = 180,000 + 18,000 = 198,000 units => Sales revenue = 198,000 x 25 = $4,950,000 => Cash collection in third quarter = 30% x (60%x 4,950,000) = $891,000;

Sales in third quarter (units) = 198,000 + 18,000 = 216,000 units => Sales revenue = 216,000 x 25 = 5,400,000 => Cash collection in third quarter = 0.4 x 5,400,000 + 0.7 x (0.6 x 5,400,000) = $4,428,000

=> Total cash collection in third quarter = 891,000 + 4,428,000 = $5,319,000  

5 0
3 years ago
Read 2 more answers
As more competitors launch their own products and the product progresses along its life cycle, company attention is focused on c
Mazyrski [523]

Answer:

B) selective

Explanation:

Selective demand can be defined as the consumers' preference for a specific brand.  

When your product is launched and during the growth stage, its demand can be classified as primary demand since there is little or no competition and consumers will buy the new product. But when more competitors get into the market and start launching their owns products, you must create a preference for your brand. Your products needs to stand out and develop or maintain core competencies during the maturity stage.

6 0
3 years ago
A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of 400 options. Th
Rufina [12.5K]

Answer:

The amount of maximum net loss is $100

Explanation:

The butterfly spread comprise of buying 100 options with the strike price of $60 and $70 and the selling 200 options with the strike price of $65.

The maximum loss is when the strike price is less than $60 or be greater than $70. The aggregate payoffs from the options will amount to $0.

The cost of setting up the butterfly spread is:

= 11 × 100 + 18  × 100 - 14  × 200

= $100

Therefore,the net loss will be $100

6 0
3 years ago
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