Will Presley sells management training classes to entrepreneurs and Fortune 1000 companies.Last quarter his sales were very disappointing.When asked,he admitted that his poor performance was directly related to his wife having a new baby.He had not the time to devote to sales that he should have.As a result of Will's poor performance in the last quarter,which of the following is likely to occur? A) His expectancy estimates will be higher and his instrumentality estimate will remain the same
B) His instrumentality estimates will be lower and his expectancy estimates will remain the same
C) His expectancy estimates for the next quarter will be lower
D) Neither her expectancy nor instrumentality estimates will change
E) His expectancy estimates for the next quarter will be higher
Answers
Answer:
Option E
His expectancy estimates for the next quarter will be higher
Explanation:
Will Presley's expectancy rate will be higher in the next sales quarter. This is because he feels that the birth of his new baby is instrumental to his his poor sales performance. Now that he feels that factor has been taken out of the way, he expects that there will be a great increase in the next sales quarter.
Related Questions
Interest rates rise faster in Scotland (GBP) than they do in the United States (USD). Which nation’s currency appreciates? Which nation’s currency depreciates? How will the change in the value of the U.S. dollar impact the balance of trade in the United States? How will the change in the value of the British pound impact the balance of trade in Scotland?
What is an example of a secured credit?
Suppose Azerbaijan decides to increase its production of nails by 20. What is the opportunity cost of this decision
Demonstrate your knowledge of a depreciation adjusting entry by completing the following sentence. A depreciation adjustment would include a debit to _________(depreciation expense/accumulated depreciation/building) and _________(debit/credit) to ____________(depreciation expense/accumulated depreciation/building).
Answers
Answer:
Rock Inc.
Gross profit ratio:
= 0.70
Explanation:
a) Data and Calculations:
Sales $473,864
Cost of Goods Sold 142,263
Gross profit $331,601
Gross profit ratio = Gross profit/Sales
= $331,601/$473,864
= 0.69978
= 0.70
b) Rock's gross profit is the difference between the Sales Revenue and the Cost of Goods Sold. It is the first profit point on the Income Statement. It measures the company's ability to convert sales revenue into profit after accounting for the cost of goods sold. This profit will cover the expenses incurred in running the business for the particular period.
b. U.S. fertilizer firm.
c. Canadian bank.
d. Apple market
Answers
Answer:
C
Explanation:
Answers
Answer:
Yes, Kevin has an enforceable security interest
Explanation:
Judging from the perception of simple contract, which is a legally binding contract on parties that have entered into it,for the contract to be legally enforceable the following conditions must be met.
There must be an agreement between parties involved,this is demonstrated by Kevin offering to loan Francine $1500, which was met the latter's acceptance.
Consideration is when both parties promises to give something of value in exchange for value received, which is also satisfied in this case,as Francine promises to return $1500 in exchange for same amount borrowed and by extension Kevin has right to repossess the cart.
Lastly, both parties intended to create legally enforceable relations as well the fact that they are both capable (of age) and the transaction entered is legal in law parlance.
In conclusion, the above points show that Kevin has an enforceable security interest.
Accounts Debit Credit
Cash $ 11,200
Accounts Receivable 142,000
Prepaid Rent 5,200
Supplies 26,000
Equipment 320,000
Accumulated Depreciation $ 127,000
Accounts Payable 11,200
Salaries Payable 10,200
Interest Payable 4,200
Notes Payable (due in two years) 32,000
Common Stock 220,000
Retained Earnings 52,000
Service Revenue 420,000
Salaries Expense 320,000
Rent Expense 16,000
Depreciation Expense 32,000
Interest Expense 4,200
Totals 847,800 876,600
Required:
Prepare an income statement for the year ended December 31, 2021.
FIGHTIN' BLUE HENS CORPORATION
Income Statement
For the Year Ended December 31, 2021
Expenses:
Total expenses
Answers
Answer:
Fightin' Blue Hens Corporation
Income Statement
For the year ended December 31, 2021
Service Revenue $420,000
Operating expenses:
- Salaries Expense $320,000
- Rent Expense $16,000
- Depreciation Expense $32,000 ($368,000)
Operating income $52,000
Other revenues and expenses:
- Interest Expense $4,200 ($4,200)
Net income before taxes $47,800
*The totals of the trial balance sheet were added incorrectly, they both debit and credit total $876,600.
Answers
Answer:
1.98359
Explanation:
Given that :
Index have three stocks and the prices of those sticks are $93, $351, and $74, respectively. Usually what stock split does is to increase he number of share outstanding without any interference with the original total amount of money.
So if Baker ( the company B ) undergoes 2:1 split stock, it typically implies that one share will be divided by two shares.
New divisor for price - weighted index is given by the formula:
Price weighted index =
Price of stock B before stock split is = $351
To determine the new stock B after stock split; we have
Price weighted index₀ =
=
= $175.5
The new divisor for the price weighted index is as follows;
Price weighted index =
Price weighted index =
Price weighted index = 1.98359
Thus, the new divisor for the price weighted index = 1.98359
Answer:The New Divisor for the price weighted index = 4.29 (rounded off to two decimals)
Explanation:
Able stock = $93
Baker = $351
Charlie = $74
Price Weighted Index Formula = sum of company share prices/number of companies
Price Weighted Index Formula = ($93 + $351 + $74)/5
Price Weighted Index = $425/5 = $85
The Price Weighted index before share split = $85 and the divisor is 5
Calculating the New Divisor for the Price weighted index
Let The new divisor for the price weighted index be α
Price of Barker stock after sare split = $351 x 1/2 = $175.5
Price Weighted Index = 85
Price Weighted Index= ($93 + $175.5 + $74)/α = $85
($93 + $175.5 + $74)/α = $85
cross multiply
$85α = ($93 + $175.5 + $74)
$85α = $342.5
α = $342.5/$85 = 4.29411765
α = 4.29
The New Divisor for the price weighted index = 4.29 (rounded off to two decimals)
B. A pilot
C. A traveler
D. A mechanic
Answers
Answer:
A. A cargo plane
Explanation:
In Economics, factors of production are used for the manufacturing of goods and services in order to meet the unending needs or requirements of the consumers at a specific price and period of time. The four (4) factors of production are;
I. Land.
II. Labor.
III. Entrepreneurship.
IV. Capital.
Physical capital can be defined as any tangible, artificial goods which are typically used for the production of finished goods or services. Therefore, it comprises of building, computer, machinery or equipment, office utilities, cash, vehicles, etc.
Hence, a cargo plane is an example of physical capital in an economy because it is a tangible, man-made equipment used for the transportation of people or goods from one location to another.
Final answer:
A cargo plane is an example of physical capital in an economy.
Explanation:
Physical capital in an economy refers to the assets and infrastructure used to produce goods and services. Among the options provided, the A. cargo plane is an example of physical capital. It is a tangible asset that is used to transport goods, contributing to the production process and economic activity.
Learn more about Physical capital in an economy here:
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