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Paul [167]
3 years ago
8

Justin is in charge of the central region, with several dozen stores reporting to him. Last year, he analyzed sales data for dem

ographically comparable areas and decided that Greenville would be the perfect location for a store. Since the store’s opening, it has had 40% less sales than stores of similar size. On the other hand, the convenience store down the block seems to be very popular. Justin believes that if the store were larger, it could stock more merchandise and then more people would shop there. He wants to build an expensive addition onto the store.
A- Justifying past decisions

B- Being influenced by emotions

C- Perpetuating the status quo

D- Overconfidence
Business
1 answer:
BlackZzzverrR [31]3 years ago
3 0

Answer:

Letter A is correct. <u>Justifying past decisions.</u>

Explanation:

Alternative A is correct, as Justin is justifying past decisions in order to find arguments to support a failed decision.

When a decision does not meet the expected expectations, it is common for the individual to seek information and justifications to support his point of view on a particular decision, so in order to be able to justify himself about a failure, they avoid information that contradicts them.

In this case, the information is collected and interpreted according to the individual perspective.

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Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th
Brilliant_brown [7]

Answer:

b.$127,500 increase

Explanation:

Using Accounting Equation we can find thetotal increase in total assets:

Assets = Equity + Liabilities

Change in Assets = Change in Equity + Change in Liabilities

Change in Assets = $37,500 + $90,000

Change in Assets = $127,500

Total Change in equity and liabilities will be equal to the change in Assets.

So, the correct answer is b.$127,500 increase.

7 0
3 years ago
On January 1, 2018,Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cost
Ivan

Answer:

Find the answer below in explanation

Explanation:

Gillock Climbing Academy Pension Expense for the year 2019 will be recorded as

Service cost ............................................. 600,000.00

Interest (600000 × 10%)................................60,000.00

plan assets (40000 from 2018 + 32000 interest + 400000 made in current year)............... 832000

Expected return Interest on plan asset (832000*8%) ........................................ 66,560.00

Pension Expense for the year ended December 31, 2019 = 600000 -  (66,560.00 - 60000)

= 600,000−6,560

= $593,440.00

3 0
3 years ago
At the end of the year, Dahir Incorporated’s balance of Allowance for Uncollectible Accounts is $2,400 (credit) before adjustmen
mafiozo [28]

Answer:

The adjustment Dahir would record for Allowance for Uncollectible Accounts:

Debit Bad debts expense $9,600

Credit Allowance for Doubtful Accounts $9,600

Explanation:

At the end of the year, before adjustment, Dahir Incorporated’s balance of Allowance for Uncollectible Accounts is $2,400 (credit).

The company estimates uncollectible accounts to be $12,000

Bad debts expense = $12,000 - $2,400 = $9,600

The adjustment to record Allowance for Uncollectible Accounts:

Debit Bad debts expense $9,600

Credit Allowance for Doubtful Accounts $9,600

8 0
3 years ago
2-a. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higher-qua
Vadim26 [7]

The original data is :

Data for Hermann Corporation

                                          Per unit     Percent of sales

Selling price                         $ 75              100%

Variable expenses                  51                 68

Contribution margin             $ 24               32%

The fixed expenses are $ 75,000 per month and the company is selling 4000 units per month.

Solution :

                                                     Present             Proposed

Sales                                             300000            375000

Less : Variable cost                      204000           275000

Contribution margin                     96000               100000

Less : Fixed expenses             <u>    75000     </u>      <u>     75000    </u>

Net income                                   21000                25000

The net operating income :      Increases          4000

Net operating income = increased sales Net income - current sales net income.

Therefore the higher quality component should be used.                                                            

8 0
2 years ago
Should a speaker minimize his or her use of nonverbal communication?
Katyanochek1 [597]

no they should not   100% correct

8 0
2 years ago
Read 2 more answers
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