Answer:
The amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year is $8,000
Explanation:
For computing the ending balance of capital account, first, we have to compute the net income or loss which is shown below:
Net income/loss = Fees revenue - salary expense - rent expense - supplies expense
= $10,000 - $7,000 - $6,000 - $6,000
= ($19,000)
Now the ending balance would be
= Opening capital - net loss - drawings
= $18,000 - $9,000 - $1,000
= $8,000
Answer:
Net Operating Cash Flow = $286,285
Explanation:
Total expected Sales = $808,133
Total Expected Expense = $394,925
Therefore cash revenue = $413,208
After this depreciation will be charged = $77,434
Net profit after depreciation = $335,774
Tax @ 37.8% = $126,923
Net profit after tax = $335,774 - $126,923 = $208,851
Add: Depreciation since non cash in nature = $77,434 + $208,851 = $286,285 = Net Operating Cash Flow
Answer:
D.
Explanation:
Conspicuous consumption is when a person pays an extremely high price for a product for its prestige value leading to a much higher demand than a simple price/demand relationship would justify.
Characteristics:
-Buying expensive items to display wealth and income rather than to cover the real needs of the consumer.
-Gain higher social status.
-Behavior not only limited to the rich/upper class but among the poorer social classes and emerging economies.
-Clear positioning.
-Time relation is the present.
-Able to take risks.
-Try new products.
-Love symbols of status.
-Wants status appreciation.
Answer:
2. second-price, sealed-bid auction.
Explanation:
In the given situation, it is mentioned that there is 25 risk -neutral bidders that contains the affiliated values and the same is to be allocated between $0 and $500 million
So, here the type of an action that could maximize the expected revenue is the second price i.e. sealed bid auction as in this the bidder provides the maximum price that received the good in the second maximum price
Therefore, the second option is correct
Answer:
Jung's personality theory-
Carl Gustav Jung's research was deep-rooted in psychoanalysis and was a Swiss Psychiatrist. He was greatly influenced by Freud and had also worked with him. He had research in personality, the human psyche, and dream analysis.
Jung gave this theory based on different learning styles or attitudes. Jung distinguished the human personality on the basis of types of attitudes:
- Introvert vs. Extrovert
- Perceiving vs. Judging
- Thinking vs. Feeling
- Intuition vs. Sensation
Explanation:
- Introvert people are those that have their own world, own privacy, feeling exhausted while having interactions with others and obtain energized in their own company, wish to observe others before getting started, quiet, first listen, watch then reflect.
- Extrovert people are those that like to interact with different people, like to enjoy parties, get energized within the outer world, would like working in groups, like to socialize, able to jump in without prior guidance.
- Frank has an 'extroversion' personality who may be a lover of outgoing and enjoying parties with peers, likes to socialize, and generating ideas from people.
- Perceiving- people that don't have firm decisions and alter their decisions on getting new information.
- Judging- people that are firm on their decisions and don't change their decisions on any new information.
- Frank may be a judging sort of person, he has firm decisions.
- Thinking- Those people that make decisions on the idea of some reason and logic but not on the idea of emotions.
- Feeling- Those people that believe in relationships first and make their decisions emotionally.
- Frank may be a Thinking sort of one that isn't afraid to die and is prepared to go away his family to be ok.
- Intuition- wish to work briefly sessions, considering ideas for the longer term, not practical, always brooding about future goals, belief in theories.
- Sensation- specialize in this, reasonable and practical, solver.
- Frank is wise as he's not a daydreamer, confident about his life, and knows what to try to do in his life and for his family.
