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8090 [49]
3 years ago
7

When a customer chooses to accept an item of value from a business because it requires no incremental spending on the part of th

e customer, the customer is demonstrating the principle that:A. markets are an efficient way to organize economic activity.B. specialization produces benefits for society.C. customers are smarter than businesses.D. rational people think at the margin.
Business
1 answer:
iVinArrow [24]3 years ago
7 0

Answer:

The correct answer is letter "B": rational people think at the margin.

Explanation:

The "rational people think at the margin" principle means that consumers consider the marginal benefits and costs of acquiring a good or service before the purchase is made. Purchases typically take place when the marginal benefit is higher than the marginal cost.

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All else equal, when investors consider a firm's return on equity (ROE) they consider less risky a firm that earns proportionate
egoroff_w [7]

Answer:

True

Explanation:

Return from operating activities are returns made from the regular and recurring operations of a business. Since they are from the normal operations of a company, they are less risky than returns made from the non-operating activities of a company which do not re-occur.

As such, a firm that earns more of its return from operating activities which are recurring is usually considered less risky than a firm than earns more of its return from non-operating activities which are usually one-off.

8 0
3 years ago
For a project with cash outflows during its life, the least preferred capital budgeting tool would be: A. internal rate of retur
Mashcka [7]

Answer:

A. internal rate of return.

Explanation:

Net present value method: In this method, the initial investment is deducted from the cash inflows of the discounted present value. If the sum comes under positive than the project would otherwise not be beneficial to the company.

The internal rate of return is that return in which the net present value is zero, meaning that the initial investment is equal to the present value of the annual cash flows after taking into account the discount factor

Moreover, the IRR could be in multiples also i.e multiple IRR.

5 0
3 years ago
Dole Corp.'s accounts payable at December 31, 2020, totaled $900,000 before any necessary year-end adjustments relating to the f
IRINA_888 [86]

Answer: $1,400,000

Explanation:

The checks to creditors were only mailed out in January so the creditor accounts had not been settled in December.

The goods purchased on December 28 should be included in the accounts payable account.

The goods that were shipped FOB Destination and were not yet delivered at year end will not be accounted for because FOB destination means that Dole will only take ownership when it reaches them.

Accounts payable is therefore:

= 900,000 + 350,000 + 150,000

= $1,400,000

7 0
2 years ago
The accounting profit is equal to
Archy [21]
Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit<span>, and it is higher than economic </span>profit<span>. </span>Accounting profit<span> = total monetary revenue- total costs.</span>
7 0
3 years ago
The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and
Serggg [28]

Full question attached

Answer:

D. Earnings before interest and taxes(EBIT)

Explanation:

Earnings before interest and taxes abbreviated EBIT in the income statement is arrived at by deducting operating expenses from revenue/sales to get operating income. The operating income is earnings before interest and taxes which comes before gross income(subtract other expenses). Operating expenses are the main expenses concerned with operations of the business such as the Sales

6 0
2 years ago
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