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Nataly_w [17]
3 years ago
5

Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only selec

t one best alternative. b. The decision maker can develop subjective estimates and weights for choosing an alternative. c. The decision maker must choose the alternative that involves the most costs. d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative. e. The decision maker can choose an alternative that does not pass the consequence, satisfactoriness, and feasibility test.
Business
1 answer:
Assoli18 [71]3 years ago
7 0

Answer:

d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.

Explanation:

It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.

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Welch Corporation is planning an investment with the following characteristics (Ignore income taxes.): Useful life 12years Yearl
Vlada [557]

Answer:

$339,600

Explanation:

The internal rate of return is the relationship between the price of the equipment and their yearly cash flow. the IRR makes the net present value equal to zero thus, it makes the present value of the yearly cashflow equal to the cost:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 60,000.00

time 12

rate 0.14

60000 \times \frac{1-(1+0.14)^{-12} }{0.14} = PV\\

PV $339,617.5275

<em><u>From the given option:</u></em>

$ 339,600 is the closest option.

7 0
3 years ago
Manchester Company sells equipment on June 1, 2021, for $222,400 cash. Manchester incurred $1,280 of removal and selling costs o
Mkey [24]

Answer:

A. June 1, 2021

Dr Depreciation Expense $14,000

Cr Accumulated Depreciation-Equipment $14,000

June 1, 2021

Dr Cash $221,120

Dr Accumulated Depreciation-Equipment $114,800

Dr Loss on Sale of Equipment $64,080

Cr Equipment $400,000

June 1, 2021

Dr Depreciation Expense $14,000

Cr Accumulated Depreciation-Equipment $14,000

June 1, 2021

Dr Accumulated Depreciation-Equipment $114,800

Dr Loss on Sale of Equipment $285,200

Cr Equipment $400,000

Explanation:

a. Preparation of the journal entries needed to record the asset disposal on June 1, 2021

First step is to calculate the Annual depreciation under straight line using this formula

Annual depreciation under straight line = (Cost - Residual Value)/Useful life

Let plug in the formula

Annual depreciation under straight line= ($400,000 - $64,000)/10 yrs

Annual depreciation under straight line = $33,600 per year

Second step is to calculate the Depreciation charged from Jan 2, 18 to Dec 31, 2020

Depreciation charged from Jan 2, 18 to Dec 31, 2020 = $33,600*3 yrs

Depreciation charged from Jan 2, 18 to Dec 31, 2020 = $100,800

Third step is to calculate the Depreciation from Jan 1, 2021 to June 1, 2021

Depreciation from Jan 1, 2021 to June 1, 2021

Depreciation from Jan 1, 2021 to June 1, 2021= $33,600*5/12 = $14,000

Now let Prepare the Journal entries

June 1, 2021

Dr Depreciation Expense $14,000

Cr Accumulated Depreciation-Equipment $14,000

(To update depreciation)

June 1, 2021

Dr Cash ($222,400-$1,280) $221,120

Dr Accumulated Depreciation-Equipment ($100,800+$14,000) $114,800

Dr Loss on Sale of Equipment (400,000-221,120-$114,800) $64,080

Cr Equipment $400,000

(To record the disposal of equipment)

b) Preparation to Record the journal entries if the equipment were abandoned on June 1, 2021.

June 1, 2021

Dr Depreciation Expense $14,000

Cr Accumulated Depreciation-Equipment $14,000

(To update depreciation)

June 1, 2021

Dr Accumulated Depreciation-Equipment (100,800+$14,000) $114,800

Dr Loss on Sale of Equipment ($400,000-$114,800) $285,200

Cr Equipment $400,000

(To record the disposal of equipment)

4 0
2 years ago
Westin wants to borrow $1,000 from Missy to help pay his deposit at his new apartment. Missy says she will agree to the loan him
aliina [53]

Answer:

B. Collateral promise.

Explanation:

Collateral promise refers to a promise to pay the debt of another that is ancillary to an original promise. It is an undertaking which renders the promisor a guarantor or surety upon a debt owing by a third person who is primarily liable. It is not made for the benefit of the party making it.

4 0
3 years ago
Which employees work directly with customers, helping them make deposits and withdrawals?
Maksim231197 [3]

Answer:

A. bank teller

Explanation:

bank teller is a person who manages deposits and withdrawls

3 0
2 years ago
Read 2 more answers
1. A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such a
FinnZ [79.3K]

Answer:

For the students of the college, the visual appearance of the campus is non-rival and non-excludable

The benefit of the beatification initiative, as suggested by the survey, is $3,390. Because the estimated benefit is less than the cost, the college administrators should not undertake the beautification initiative.

Explanation:

non-rival and non-excludable

This means that everyone benefits from the remodel equally and people who do not pay for it will still enjoy their benefits.

$3,390

The benefit is found by multiplying the average benefit for each person surveyed by the number of people surveyed, which is $11.3 X 300 = $3,390.

The college should not complete the project because the marginal cost: $4,400 is more than the marginal benefit: $3,390.

3 0
3 years ago
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