BUSINESS COLLEGE

Chris Taylor: Attempt 1Question 1 (2 points)
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Which of the following is one of four steps you might use to improve your thinking?
a) Be reasonable.
b) Stick to your biases.
c) Be considerate and caring.
d) Avoid logic and reason.​

Answers

Answer 1
Answer:

Be reasonable

Explanation:

Be reasonable where u use logic and strong motives which consequently improves your way of thinking

I hope that I answered u

Related Questions

In 2007, the Office of Management and Budget (OMB) defined personally identifiable information (PII) as: "Information which can be used to distinguish or trace an individual’s identity, such as their name, social security number, biometric records, etc. alone, or when combined with other personal or identifying information which is linked or linkable to a specific individual, such as date and place of birth, mother’s maiden name, etc."True or false?
Garfield Industries is expanding its operations throughout the Southeast United States. Garfield anticipates that the expansion will increase sales by $1,000,000, and increase the costs of goods sold by $700,000. Depreciation expenses will rise by $50,000 and interest expense will increase by $150,000. The company’s tax rate will remain at 40 percent. If the company’s forecast is correct, how much will net income increase or decrease, as a result of the expansion?
You overhear a group of your co-workers laughing at some crude jokes about a few customers. Which of the following would you most likely do?
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In planning for your career after high school you should...I need serious help I NEED to pass this test please HELP

Sheridan Company's prepaid insurance was $192000 at December 31, 2021 and $89600 at December 31, 2020. Insurance expense was $62000 for 2021 and $53300 for 2020. What amount of cash disbursements for insurance would be reported in Sheridan's 2021 net cash provided by operating activities presented on a direct basis

Answers

Answer:

$164,400

Explanation:

Calculation to determine What amount of cash disbursements for insurance would be reported in Sheridan's 2021 net cash provided by operating activities presented on a direct basis

Using this formula

Cash disbursements for insurance =2021 prepaid insurance +Insurance expense-BOY prepaid insurance

Let plug in the formula

Cash disbursements for insurance=$192,000+ $62,000-$89,600

Cash disbursements for insurance=$164,400

Therefore the amount of cash disbursements for insurance that would be reported in Sheridan's 2021 cash provided by operating activities presented on a direct basis is $164,400

Writing a check on an account with insufficient funds is allowed under certain conditions.

Answers

Answer:

True

Explanation: If you have overdraft protection your account

Mary Catherine is a recent employee who initially requires 17 minutes to complete a job task. If she experiences a learning rate of 77%, how much time will it take her to complete the sixth task?

Answers

Answer:

for sixth tasks, she will spend 77% of 5.98 minutes =`4.60 minutes

Explanation:

Mary Catherine is a recent employee

initial time requires 17 minutes to complete a task

as she get use to the task, her experiences a learning rate is found to be 77% for each task,

how much time will it take her to complete the sixth task?

Now, we need to calculate per task

the first task, she spend 17 minutes

for second tasks, she will spend 77% of 17 minutes =

 = 0.77 * 17 = 13.09 minutes

for third tasks, she will spend 77% of 13.09 minutes   =

 = 0.77 * 13.09 minutes =  10.08 minutes

for fourth tasks, she will spend 77% of 10.08 minutes =

 == 0.77 * 10.08 minutes =  7.76 minutes

for fifth tasks, she will spend 77% of 7.76 minutes =

 == 0.77 * 7.76 minutes =  5.98 minutes

for sixth tasks, she will spend 77% of 5.98 minutes =

 == 0.77 * 5.98 minutes =  4.60 minutes

A buyer who has accepted goods may later revoke the acceptance if the buyer can show that the defects _____________ the value of the goods and the buyer had a legitimate reason for the initial acceptance.

Answers

Answer:

A buyer who has accepted goods may later revoke the acceptance if the buyer can show that the defects substantially impair the value of the goods and the buyer had a legitimate reason for the initial acceptance.

Explanation:

This statement is defined in § 2-608. Revocation of Acceptance in Whole or in Part. of Article 2 - Sales of the Uniform Commercial Code (UCC).

The buyer may revoke his acceptance of a lot or commercial unit whose non-conformity substantially impairs its value to him if he has accepted it

(a) on the reasonable assumption that its non-conformity would be cured and it has not been seasonably cured; or

(b) without discovery of such non-conformity if his acceptance was reasonably induced either by the difficulty of discovery before acceptance or by the seller's assurances.

(2) Revocation of acceptance must occur within a reasonable time after the buyer discovers or should have discovered the ground for it and before any substantial change in condition of the goods which is not caused by their own defects. It is not effective until the buyer notifies the sellerof it.

(3) A buyer who so revokes has the same rights and duties with regard to the goodsinvolved as if he had rejected them.

For a competitive market, A. a seller can always increase her profit by raising the price of her product. B. a seller often charges less than the going price to increase sales and profit. C. a single buyer can influence the price of the product but only when purchasing from several sellers in a short period of time. D. if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

Answers

Answer: For a competitive market, if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

Explanation:

A perfectly competitive market has the following characteristics:

(a). In this particular market there are many buyers and sellers.

(b). Also each company makes similar product. i.e. the products are identical in nature.  

(c). In this market buyers and sellers will have access to perfect information about price. and product.

(d). In a competitive market there are no barriers to entry into or exit from the market.

Therefore , if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

Sako Company’s Audio Division produces a speaker that is used by manufacturers of various audio products. Sales and cost data on the speaker follow: Selling price per unit on the intermediate market $ 47
Variable costs per unit $ 17
Fixed costs per unit (based on capacity) $ 8
Capacity in units 56,000

Sako Company has a Hi-Fi Division that could use this speaker in one of its products. The Hi-Fi Division will need 9,000 speakers per year. It has received a quote of $35 per speaker from another manufacturer. Sako Company evaluates division managers on the basis of divisional profits.Assume that the Audio Division is now selling only 49,000 speakers per year to outside customers. From the standpoint of the Audio Division, what is the lowest acceptable transfer price for speakers sold to the Hi-Fi Division?

Answers

Answer:

The lower acceptable transfer price by Audio Division is variable cost of producing the extra unit which is $17.  Producing to capacity will have no effect on the fixed cost because it will not change regardless on increase in production.

Explanation:

Answer:

.

Explanation:

The lowest acceptable movement price by Audio Division is shifting cost of making the more parts which are 17 dollars. making to capacity will have no effect on the fixed cost because it will not change regardless on increase in production.

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On January 1, 2021, Tropical Paradise borrows $46,000 by agreeing to a 6%, five-year note with the bank. The funds will be used to purchase a new BMW convertible for use in promoting resort properties to potential customers. Loan payments of $889.31 are due at the end of each month with the first installment due on January 31, 2021. Required: Record the issuance of the installment note payable and the first two monthly payments.
If the cost of the beginning work in process inventory is $70,000, costs of goods manufactured is $935,000, direct materials cost is $339,000, direct labor cost is $219,000, and overhead cost is $324,000, calculate the ending work in process inventory: