Answer:
The correct option is b.
Explanation:
Given information: In Prepaid Insurance account
Beginning balance = $14,000
Ending balance of $24,000
Change in balance = $24,000 - $14,000 = $10,000
In means the balance of Prepaid Insurance account is increased by $10,000.
In a cash flow statement, operating activities section represents the changes in current assets (except cash) and current liabilities. Prepaid Insurance is a current asset.
A decrease in Prepaid Insurance will be added to the Operating Activities and a increase in Prepaid Insurance will be subtracted from the Operating Activities section.
The $10,000 increase will be subtracted from the Operating Activities section. Therefore the correct option is b.
Answer:
d
Explanation:
i believe this should be correct
Answer:
3. How does the action I am proposing to take make me feel about myself?
Explanation:
According to Norman Vincent Peale, the following questions should be asked by Jake as he proceeds to make an ethical decision: How does the action I am proposing to take make me feel about myself?
According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical Management, there are three questions you should ask yourself whenever you are faced with an ethical dilemma:
1. Is it legal? Will I be violating civil law or company policy? Will I be violating the student code of conduct?
2. Is it balanced? Is it fair to all parties concerned both in the short-term as well as the longterm? Does it promote win-win relationships?
<u>3. How will it make me feel about myself? Will it make me proud? Would I feel good if my decision was published in the newspaper? Would I feel good if my family knew about it?
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If you set the selling price of each unit at $16, the expected profit per customer is: $6.
<h3>Expected profit</h3>
Using this formula
Expected profit=Lowest amount willing to pay-Marginal cost
Where:
Lowest amount willing to pay=$10
Marginal cost=$4
Let plug in the formula
Expected profit=$10 - $4
Expected profit= $6
Therefore if you set the selling price of each unit at $16, the expected profit per customer is: $6.
Learn more about expected profit here:brainly.com/question/4177260
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