Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
Answer:
A) One important difference between using cigarettes and using dollars as money is that cigarettes have intrinsic value.
B) U.S. dollars are an example of fiat money.
Explanation:
Prisioners had two uses for cigarettes: they could use them as a medium of exchange, thus acted as money, and they could use cigarettes to smoke. Therefore the intrinsic value of cigarettes would be the tobbacco which is used to smoke, as opposed to U.S. dollars where its intrinsic value is just the paper or metal if it were a coin.
U.S. dollars are an example of fiat money because it's a currency that has been established as legal tender by the U.S. Government, but it has no intrinsic value of its own.
Answer:
$20,000
Explanation:
Bond discount at the issuance of bond:
= Worth of Bonds issued - [(Worth of Bonds issued ÷ 100) × Issue price]
= 705,000 - [($705,000 ÷ 100) × 98]
= $705,000 - $690,900
= $14,100
Bond Payable = $705,000
Unamortized bond discount:
= Bond discount at the issuance of bond - Amortized amount
= $14,100 - $8,200
= $5,900
Redemption Value of Bond = Retired price of bonds × 7,050
= 102 × 7,050
= $719,100
Loss on retirement on Bond:
= Redemption Value of Bond - (Worth of Bonds issued - Unamortized bond discount)
= 719,100 - (705,000 - 5,900)
= 719,100 - 699,100
= $20,000
Answer: d. company directors; shareholders
Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.
Answer:
C. 20.00 percent
Explanation:
The computation of the accounting rate of return is shown below:
The formula to compute the accounting rate of return is shown below:
= Annual net income ÷ initial investment
where,
Annual net income is
= Net cash flows - depreciation expense
= $12,000 - $6,000
= $6,000
And, the initial investment is $30,000
So, the accounting rate of return on initial investment is
= $6,000 ÷ $30,000
= 20%
The depreciation expense is
= $30,000 ÷ 5 years
= $6,000
