Answer:
The Conjunction Fallacy
Explanation:
Fallacy is used to describe a misleading or deceptive statement. The conjunction fallacy however is an error in which an individual believes that two different events or conditions happening cocurrence is more feasible than one of those event or conditions happening alone. In this case, the individual believes it's more probable that her friend is engaged in both selling insurance AND actively participating in a community theater than her just doing maybe the sales of insurance alone. Individuals with this reasoning error believes that conjunction of 2 conditions is more probable than doing one of those conditions.
Answer:
Swift Company should charge depreciation expense of $55,556 to income statement for the year ended December 31, 2013.
Explanation:
Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($500,000 - 0) / 6 years = $83,333 yearly depreciation expense.
Accumulated depreciation as at end of 20212 = $83,333 x 2 = $166,667
Net book value (NBV) becomes $500,000 - $166,667 = $333,333
New depreciation is ($333,333 - $0) / 6 years = $55,556 yearly depreciation expenses from 2013 onward.
Answer:
attracted both trade and foreign direct investment.
Explanation:
The free market reforms that took place in the newly industrialized countries (NICs) as in some Asian and Latin American countries, provided the attraction of foreign direct investment and increased trade.
This was due to the fact that lesser trade restrictions and free market reforms were significant incentives for foreign countries to seek investment opportunities in a country that could offer significant advantages, such as tax incentives, cheaper labor and conquering new markets. It also stimulated commercial activity by local and foreign investors, who saw new opportunities to implement activities locally that would bring competitive and economic advantage.
Answer:
Capital structure weight of the common stock = 46.43%
Explanation:
To get the capital structure weights, market values should be used.
Weight of common stock = Value Of Common Stock divided by Total Capital
and Total Capital = Value of Common stock+Value of Preferred Stock+Value of bonds
Value of common stock = 4,000 shares *$13 = $52,000
Value of preferred Stock = 500 shares*$22= $11,000
Value of bonds= 50 bonds *98% of par = 50 bonds *$1000*0.98= $49,000
Weight of common stock =
Answer: Intellectual property
Explanation:
Intellectual property is a property that is the result of the creativity of an individual or firm. Intellectual property is a form of property that includes the intangible developments of the human intellect.
Stealing of another person's or firm's intellectual property is a crime and is punishable. There are different types of intellectual property. The well-known types are patents, copyrights, trade secrets, and trademarks.