Answer:
The best answer to the question: This is an example of used a(n):___, would be, A: Conceptual framework to solve new problems.
Explanation:
A conceptual framework is a an analytical method, or technique, that is used in order for the person to be able to see the full picture, and the different variants and factors around it, in an organized manner. Applying this technique will allow a person to discover all the factor within an issue, visualize them and propose viable solutions to them. And this is what Mark did when he came by the non-standard transaction type. He still had to record the transaction, but the usual methods would not work for it. Therefore, Mark made use of his own knowledge and after viewing the problem through the conceptual framework technique, he was able to find a reasonable solution and thus filfill his job.
Answer:
Determine the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation:
Total non-cash assets = 300,000
Less: Balance needed from non-cash assets = 95,000
($90,000 - $15,000 - $170,000)
Adjusted non-cash assets = 205,000
Less: Liquidation expenses = 15,000
Balance of non-cash assets = 190,000
Hence, the the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation would be any amount in excess of $190,000.
Answer:
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.
Explanation:
When an amount is paid in advance, the entries posted are
Debit Prepaid Advertising
Credit Cash account (with the amount prepaid)
As the expense is incurred, entries required would be
Debit Advertising expense
Credit Prepaid Advertising (with the amount incurred)
Expense incurred in 5 months
= 5/6 × $1100
= $916.67
Hence the entries required will be
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.
Answer:
The correct answer is Dell will offer $20 per copy of the software and Symantec will accept the offer.
Explanation:
A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.
It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.
In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.
Answer: level of involvement
Explanation:
It should be noted that when people want to purchase a product, they usually look for information themselves or probably seek informations from those close to them such as friends and family.
It should be noted that a consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and level of involvement.
