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2 years ago

What does making a good decision mean?? How can I make a good decision?

Business

1 answer:

kherson [118]2 years ago

5 0

Answer:

A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.

Ways to make good decision:

Set Aside Time to Reflect on Your Mistakes
Stop Thinking About the Problem
Frame Your Problems In a Different Way
Identify the Risks You Take
Take Note of Your Overconfidence
Talk to Yourself Like a Trusted Friend
Label Your Emotions
Acknowledge Your Shortcuts
Consider the Opposite

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Kevin has $20 to spend on summer clothes. He is looking at shirts, shorts, and flip-flops. Shirts are $10, shorts are $15, and f

Elan Coil [88]

<span>Kevin has analyzed the situation well. However, he should also consider the fact that he saved $10 by only purchasing the shirt.

Opportunity cost is the cost of the forgone alternative. Out of the 3 choices, he only purchased 1 of the choices, the opportunity cost are the other two choices. However, he is still capable of buying the flip-flops costing $10 but he chose not to do so. He should consider it as a savings aside from it being a lost opportunity.</span>

7 0

3 years ago

Why might you complete a 1040 instead of a 1040ez?

Liula [17]

D none of the above

8 0

3 years ago

Equinox Products Inc. Income Statement For the Year Ended December 31, 20Y8

Umnica [9.8K]

Answer and Explanation:

The preparation of the income statement is presented below:

Equinox Products Inc.

Income Statement

For the Year Ended December 31, 20Y8

Sales $5,313,000

Less: Cost of goods sold -3,700,000

Gross profit $1,613,000

Less:

Operating expenses:

Selling expenses:

Sales salaries expense $385,000

Sales commissions $185,000

Advertising expense $150,000

Depreciation expense-

store buildings and equipment $100,000

Delivery expense $30,000

Store supplies expense $21,000

Miscellaneous selling expense $14,000

Total -$885,000

Less:

Administrative expenses:

Office salaries expense $170,000

Office rent expense $50,000

Depreciation expense - office buildings and equipment $30,000

Office supplies expense $10,000

Miscellaneous administrative expense $7,500

Total $267,500

Total operating expenses $-1,152,500

Operating income $460,500

Other revenue and expense:

Interest revenue $30,000

Less: Interest expense -$21,000

Income before income tax $469,500

Less: Income tax -$140,500

Net income $329,000

We simply deduct the all expenses and add all revenues so that the net income could come

5 0

3 years ago

If the next year’s dividend is forecast to be $5.00, the constant growth rate is 4%, and the discount rate is 16%, then the curr

SCORPION-xisa [38]

Answer:

The answer is $41.67

Explanation:

Po = D1/r - g. This formula is called Discount Dividend Model and it is one of the methods used in valuing company's stock.

Po is the present or current value of the stock

D1 is the next year dividend payment

r is the discount rate

g is the growth rate.

Po = $5.00 /0.16 - 0.04

= $5.00/0.12

=$41.67

Therefore, the current stock price is $41.67

6 0

3 years ago

A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash

balandron [24]

Answer:

Ratio will be 0.92

So option (A) will be the correct option

Explanation:

We have given net cash flow from operating activities = $37570

So net operating cash flow = $37570

Current liabilities at the bugging of the year = $38400

Current liabilities at the end of the year = $43200

So average current liabilities $=\frac{38400+43200}{2}=$40800$

We have to find the ratio of operating cash flow to current liabilities

So ratio will be $=\frac{37570}{40800}=0.92$

So option (A) will be the correct option

3 0

3 years ago