The individual is being Ethnocentric.
Ethnocentrism, whether conscious or unconscious, is a term that applies to cultural or ethnic bias, where individuals see the world from the perspective of their own group and establish their own group as a prototype. And evaluate all other groups in relation to that ideal.
People with ethnocentrism judge other cultures by comparing them with their immediate culture. Ethnocentrism Americans may overlook the unique charm of any city in the world compared to New York City. If you use the standards of your own culture to judge another culture, you are ethnocentric.
"Ethnocentrism" is a commonly used word in circles where ethnicity, interethnic relationships, and similar intergroup issues are important. The usual definition of this term is "think your group is better than the other" or "decide that the other group is inferior to your group".
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Answer:
the number of equivalent units for the production is 13,500 units
Explanation:
The computation of the number of equivalent units for the production is shown below:
Units completed and transferred is 10,000 units
Add Ending work in the process [7,000 × 0.50] 3,500 units
Total equivalent units 13,500 units
Hence, the number of equivalent units for the production is 13,500 units
The same is relevant
Answer:
HPR = holding period Return is 20%
Explanation:
- Given original Investment = $100
- Short sale proceeds for 1 share = $100
- Investment made of $100 + short sale proceeds of $100 at 5% YTM.
- So Maturity Value = Investment x (1+YTM)^number of years
- = 200 x (1 + 0.05)^1 = 210
- Therefore, In order to cover Short sale of 1 share, we will have to buy 1 share at a closing value of $90
- As such, holding period Return = (Investment proceeds from ZCB - Buying price of stock - Investment amount) / Investment Amount
- = (210 - 90 - 100) / 100 = 0.2 or 20%
- Hence, HPR = holding period Return is 20%
