Answer: only risk loving
Explanation:
From the information given in the question, the expected monetary value (EMV) will be calculated as:
= $200 × (2/3) + $500 × (1/3)
= $300
Since the certain equivalent of $312 is more than the expected monetary value (EMV) of $300, then Ana is only risk loving.
Therefore, the correct option is D.
Answer:
71.19 per machine hour
Explanation:
Data provided as per the question is below:-
Total overhead = $11,533,000
Total machine hours = 162,000
The computation of overhead rate is shown below:-
Overhead rate = Total overhead ÷ Total machine hours
= $11,533,000 ÷ 162,000
= 71.19 per machine hour
Therefore, for computing the overhead rate we simply divide the total machine hour by total overhead.
Answer: The U.S labor law
Explanation: The international market is made up of several companies and countries with unique labor laws and labor Relationships. The international market consists of different market players and different contributing factors that affects Businesses adversely than just the U.S Labour laws,an organization will be concerned with the U.S labour law if it is the only Country where it has Operations,but since it is an international entity more issues are available for it,such as Market penetration, building brand loyalty,access to credit facilities etc.
I think the answer is B, but I am not sure.
Answer:
Lopez Sales Company
1. Amount of Gross Margin recognized by Lopez:
Sales = $81,600
Less cost of sales = $38,400
Gross Margin = $43,200
2. Amount of the gain on the sale of land recognized by Lopez:
Land:
Selling price = $81,000
less Cost = $43,200
Gain on sale = $37,800
Explanation:
a) Gross margin is the difference between the selling price and the cost price of a product. It is the profit determined before business running expenses are deducted to obtain the net income or margin.
It measures the ability of the business to generate enough income to cover expenses that are normally incurred in business, like rent, utilities, and salaries and wages.
b) The Gain on sale of any capital asset is the difference between the selling price and the cost (book value). This gain is reported separately in the income statement and is the subject of capital gains tax.