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almond37 [142]
2 years ago
10

A day care program frequently has a few parents picking up their children late. In an attempt to curb this, the daycare decides

to charge a fine to parents who are more than 10 minutes late. However, after the fine was implemented, the number of late parents increased. Which of these conclusions can be true?
1)The fine eliminated the non-financial incentives to be on time


2)The fine was not high enough to discourage being late


3)The fine was perceived as a price


4) All of the above
Business
2 answers:
alexandr1967 [171]2 years ago
5 0

Answer:

4) All of the above

Explanation:

The day care program should have rewardedbeing on time to encourage this attitude.

Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens

Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.

Sav [38]2 years ago
4 0

Answer:

The correct answer is number (4): All of the above.

Explanation:

<em>The fine eliminated the non-financial incentives to be on time </em>and <em>the fine was perceived as a price </em>because parents possibly felt guilty for picking up their children late but no punishments were given before the penalty. Since it was introduced, parents may consider it a fair trade for being late and are willing to pay the penalty.

Besides, it is possible that <em>the fine was not high enough to make parents change their behavior</em> because instead of decreasing the number of parents picking up their children late, the penalty increased it.

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Four reasons why firms strategically keep dogs in their business portfolio
Nuetrik [128]

Answer:

Keeping Dogs in Business Portfolio

Four Reasons:

1. Dogs may be complementing or boosting the sales of other star products.  They are good companions.

2. Dogs may be new products.  It will take time for them to become star performers.  They learn about their environment well, but it takes some time.

3. Dogs may have marginal prices that are better than the marginal cost of new products.  As always, most pet owners prefer Dogs to Cats as they are easier to relate with.

4. Dogs have been developed unlike new products that are still undergoing development, which will take some time to go to market.  Humans are more accustomed to petting dogs than cats.

Explanation:

Dogs are in one of the quadrants of the BCG Growth-Share Matrix that discusses how an entity's products can be categorized according to their market share.  Dogs are always at the center of divestiture.  But, some entities still find it difficult to let go of their cherished and sensitive companions due to the reasons enumerated above.

3 0
2 years ago
Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departmen
babymother [125]

Answer:

$17.51

The cost per equivalent unit for conversion costs for the first department for the month is closest to: C) $17.51

3 0
2 years ago
On October 5, Cullumber Company buys merchandise on account from Marin Company. The selling price of the goods is $6,650, and th
andreev551 [17]

Answer:

October 5 entries

Debit Accounts receivable  $6,650

Credit Sales Revenue                     $6,650

To record sales

Debit Cost of goods sold       $3,010

Credit Inventory            $3,010

To record the cost of sales

October 8 entries

Debit Sales return   $840

Credit Accounts receivable  $840

To record sales reversal due to sales return

Debit Inventory   $430

Credit Cost of goods sold   $430

Explanation:

The perpetual inventory system is the one that ensures that the book balance for inventory is adjusted for every purchase, sale or return of inventory.

When inventory is sold on account, the entries required are debit accounts receivable and credit revenue then Debit cost of goods sold and credit inventory.

8 0
2 years ago
Svetlana won $1,000,000 in a contest, to be paid in twenty $50,000 payments at yearly intervals, the first payment paid at the t
goldfiish [28.3K]

Answer: 31155.5

Explanation:

The following can be deduced from the question:

Money won = $1,000,000

Installments made yearly = $50,000

Interest rate = 5%

The yearly deposits made by Svetalana will be: = 500000-x

The future Value of the yearly deposits made by Svetalana will be:

= (50000-x) × (1/(1.05) + (1/(1.05)^2 .....(1/(1+0.05)^20))

= (500000-x) × 33.066

We should recall that the interest from the question is equated to x. This will be:

33.066 × (50000-x) × 0.05 =x

1.6533(50000 - x) = x

82665 - 1.6533x = x

2.6533x = 82665

x = 82665/2.6533

x = 31155.5

7 0
2 years ago
Stephanie seals is a cpa who is working as a controller for brentwood corporation. she is not in public practice
Katen [24]
<span>Stephanie Seals, a CPA who is working for Brentwood Corporation as a controller is not in a public practice, but she can use her CPA status on her business cards as long as she also includes her employment title on the business cards.</span>
6 0
2 years ago
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