Question 1 3 out of 3 points Economic profit is defined as the difference between revenue and ____. Answer Selected Answer: total economic cost Correct Answer: total economic cost Question 2 3 out of 3 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Answer Selected Answer: innovation
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Homework Problems Professor Hubler 07/12/2015 1. When an investor uses the equity method to account for investments in common stock‚ cash dividends received by the investor from the investee should be recorded as? D. A deduction from the investment account DI. DII. Sisk Company has owned 10 percent of Maust‚ Inc.‚ for the past several years. This ownership did not allow Sisk to have significant influence over Maust. Recently‚ Sisk acquired an additional 30 percent of Maust and now will use the
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122: Composition II An Intro to Argument Argument and Rhetoric An argument’s a method for communicating a singular position w/evidence‚ logic‚ & persuasion. There are essential elements to all valid arguments‚ though they may take different forms. 1. Claim 3. Counterargument 2. Evidence 4. Rebuttal A successful argument depends upon the balance between these elements. The claim is the basis of the argument. A big opposing viewpoint‚ called the counterargument‚ is constantly pushing down
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1. Define the decision problem. : The decision problem is that Hurricane Katrina has struck Louisiana now there is no location to have the conference. 2. As part of defining the decision problem‚ the following questions should be addressed: * What is the general nature of the problem? * What event triggered the situation? * Are we imposing any constraints on the situation? * What are the underlying elements of the problem? * Are there dependencies on
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1. What is the Documentary Theory? The Document theory according to Oswald T. Allis comprised of four main areas of high criticism and rationalization. The also lead to the enlightenment. They consisted of: “ The Variations in the Divine Names in Genesis; The Secondary Variations in Diction and Style; The Parallel or Duplicate Accounts (Doublets); The Continuity of the Various Sources. The theory basically tries to debunks Moses as being the author of Genesis through rationalization and
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Assignments from the Readings ACC/400 July 15‚ 2013 Assignments from the Readings Chapter 8‚ Question 3: What are essential features of the allowance method of accounting for bad debt? According to Kimmel‚ Weygandt‚ & Kieso‚2007: 1. Estimated uncollectible accounts receivable: These accounts match them against revenues in the same accounting period. 2. “Record estimated uncollectible as an increase (a debt) to bad debt expense and an increase ( a credit) to Allowance for Doubtful
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Financial Indicators Decision Making Simulation Form Date: 9/11/2013 1. What cost cutting options were chosen? Explain why those were chosen. The cost-cutting that was chosen is to downsize staff and reduce benefits. Downsizing staff will give a moderate savings of $ 5‚030.604 per year and control rising costs. Additionally‚ hospital staff will be given a 60 day notice. Laid off staff will have assistance in searching for new jobs
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(1) Estimated contribution margins for the next fiscal quarter (000s omitted): Computer Place Poster Paper Napkins Mats Board Total Number of units 30 120 45 80 275 Sales $420 $840 $540 $680 $2‚480 Cost of goods sold: Variable costs 225 612 270 360 1‚467 Contribution margin $195 $228 $270 $320 $1‚013 Unit revenue and costs information: Computer Place
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career‚ personal cash flow and net worth. The Timmons model bases itself on the premise that Kalin will earn rewards in commensuration with the risk and effort involved in starting or financing the business (e.g.‚ Bygrave & Zacharakis‚ p. 37). 1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources to analyze this case. Analyze and explain Kalin’s traits and how he gathered resources for his venture. According to the Timmons Model of Entrepreneurship the three critical
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Running Head: Work Preference 1 Work Preference Jeressia Quinn ENG 121 Instructor: David Ewald 01/02/2013 Work Preference 2 My work preference is to be self employed. Being self employed will allow more control over my own ideas‚ projects and the work that I would do. I tend to work better alone. Self employment also allows flexibility in my schedule. Self employment allows individuals to be creative and imaginative as
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