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larisa [96]
3 years ago
12

Kari has been saving money for college for the past four years; she thinks that she is close to her goal amount of $30,000 which

is helpful as she is currently a senior in high school. Kari begins to look for a university she might want to attend. Once Kari starts looking at the cost of college she runs across a number of places that would cost 30,000 in a single year. Kari is reluctant to move from her original view that she can find a four-year university that will not exceed her $30,000 budget. What method of problem solving has Kari employed
Business
1 answer:
Rainbow [258]3 years ago
8 0

Answer:

Kari has employed the method of anchoring bias

Explanation:

Anchoring Bias is a bias where the person anchors his/her thinking based on a reference or starting point. For example, if we enter a store and see a shirt of $1000 and then a shirt for $100 we will perceive the second shirt as cheaper since we anchor our judgment based on the first shirt price we saw.

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Select two skills from the list in the article that you feel you have to offer in the workplace . Discuss the importance of thes
laiz [17]

Answer:

Two skills from the list in the article are Communication and Analytical and problem-solving. Why are these things important? Well because almost every job available today involves dealing with other people such as employers, coworkers, or clients. Good employees need to be able to express themselves clearly. They also need to understand what others are saying. Companies want employees who can speak and write correctly and professionally. Whether using the phone, email, social media, or speaking in person, communication skills are necessary to succeed in business. Employers will also want to have employees who can solve issues easily and effectively. Knowing how to analyze and fix problems is a skill that will make workers successful in their jobs.

4 0
3 years ago
Kirov, Inc. reports credit sales of $200,000 for the year ending December 31. The year-end unadjusted balance of its Allowance f
zubka84 [21]

Answer:

The correct answer is: $12,000

Explanation:

uncollectible debt = 6% of net sales

= 6/100 × 200,000

= 0.06 × 200,000 = $12,000

Therefore, $12,000 will be removed (debited) from the bad debt expense because it is uncollectible, and it is added (credited) to the Allowance for Doubtful accounts as bad debt to be paid for in the bad debt reserve account.

7 0
3 years ago
Privatisation refers to .... 
Nana76 [90]

Answer:

B)Transfer of assets from public to private

Explanation:

the government no longer owns the asset and it is traded to the private sector or when the company is taken over by a few people.

8 0
3 years ago
Check Laura won $5,000,000 in the state lottery, which she has elected to receive at the end of each month over the next 30 year
Svetllana [295]

Option 'C' is correct  

<u>Explanation:</u>

Present value of an ordinary annuity of $1

The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return or discount rate.

\text { Annuity amount }=\$ 5,000,000 / \mathrm{PVAF}(7 \% / 12,360 \text { periods })

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

6 0
3 years ago
Wendy wants to start a business. She knows many unaccredited investors who she knows will help her jumpstart her business. What
vodka [1.7K]

Available Options are:

A. Investors' allowable investment depends on the accredited or non-accredited status.

B. Investors may invest a combined $50 million within a 12-month period.

C. Investors may invest no more than $1 million combined for the first year of the business.

Answer:

Option C. Investors may invest no more than $1 million combined for the first year of the business.

Explanation:

The non-accredited investors do not invest more than $1 million for first year. Furthermore, for Investor it also imposes investment in current business conditions which says that Investor can invest in its business with greater of:

1. $2000

2. Or the lesser of (If the net worth of Wendy is less than $100,000)

  • 5% of its total income for the year
  • Net worth

There is also an option which is available if the net worth of Investor exceeds above $100,000 then he can invest up to lesser of 10% of his income or net worth, otherwise he will have to follow the above conditions.

Here, it also has an upper limit, which means that the investor can not invest more than $100,000 in the subsequent year, whatever the level of net worth or income he had for the year.

This means the non-accredited investor can not invest more than $1 million.

3 0
3 years ago
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