<u>Answer:
</u>
This scenario is an example of the principle of economics that says trade can make everyone better off.
<u>Explanation:
</u>
- Devising the financial value of time and activities is critical when it comes to financial management.
- It is preferable to an activity only if it is worth the time that is being allotted to it.
- It the same time can be spent on something that would fetch more returns, continuing to do the same activity is worthless.
This scenario would best be viewed as a QUID PRO QUO SEXUAL HARASSMENT.
Quid pro quo sexual harassment is the type of sexual harassment that occurs in the workplace, in which an higher authority figure offers or drop a hint that he or she will give rewards to an employee under him [or her] in exchange for sexual gratification.
The tendency of naive investors to buy high (after prices have risen for several periods) and sell low (after prices have dropped for several periods) can be explained by the behavioral tendency known as anchoring.
<h3>What does anchoring in purchasing behavior mean?</h3>
A behavioral finance heuristic known as "anchoring" refers to the unconscious use of unimportant information, such as the price at which a security was purchased, as a fixed reference point (or "anchor") for making decisions about that security in the future.
The cognitive bias known as "anchoring" occurs when the mere existence of an initial number has an outsized impact on later decision-making. The TV's exorbitant cost acts as an anchor that encourages buyers to spend more money than they intend to. By announcing a lower price after stating a price, the anchoring effect in making purchase decision is activated. Customers will view the higher price as being more comparable to the original, lower price than the alternative prices being provided.
To learn more about purchase decision, visit:
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Answer:
The annual cash flow will be $4,500.
Explanation:
Use following formula to calculate Annual Cash flow from Annuity.
Present value of annuity = annual cash flow ( 1 - ( 1 / ( 1 + rate of interest )^time period ) ) / rate of interest
PVA = C ( 1 - ( 1 / ( 1 + r )^t ) ) / r
$43,000 = C ( 1 - ( 1 / ( 1 + 0.0625)^15 ) ) / 0.0625
$43,000 = C x 9.5555
C = $43,000 / 9.5555
C = $4,500
So, the annual cash flow will be $4,500.
Answer:
Explanation:
To complete WIP
Conversion: 16,100 units × (100% – 20%) 12,880
Units started and completed (101,000-16,100) 84,900
Ending work in process:
Conversion: 13,100 units × 30% 3,930
Equivalent units of production 101,710
Cost added during the period $ 594,123
Equivalent units of production 101,710
Cost per equivalent unit $ 5.84
