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Setler [38]
2 years ago
9

Jeremy is concerned about his selection of a new hair spray because he is concerned it will not perform as well as his usual bra

nd, which may result in embarrassing, flat hair in front of others. The type of risk Jeremy perceives is ________ risk. A) physical B) time C) financial D) social
Business
1 answer:
svet-max [94.6K]2 years ago
5 0

Answer:

D. social risk

Explanation:

Social risk -

It refers to a specific action , which might affect the well established reputation in the society , is referred to as the social risk .

The action could be the launch of new product , issue in the product ,  violating any norms of business , corruption etc.

The act can capability hamper the consumers and hence have the risk of losing the consumer , which can have the negative affect on the business .

Hence , from the given scenario of the question ,

The correct answer is social risk .

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​Pam, Pru, and Pat are deciding how they will celebrate the New Year. Pam prefers to go on a​ cruise, is happy to go to​ Hawaii,
bearhunter [10]

Answer: Option (b) is correct.

Explanation:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

The preferences of Pam, Pru and Pat are given. Therefore, according to their preferences, the opportunity cost of the trip to Hawaii for Pam and Pat is a cruise and for Pru is a skiing.  

7 0
2 years ago
Read 2 more answers
On June 2, 2021, Tabitha Co. purchased a franchise for $586,000 by signing a five-year contract. At the end of the five years, t
Usimov [2.4K]

Answer:

Tabitha Co.

The gain recorded on the sale of the patent is:

= $7,933

Explanation:

a) Data and Calculations:

June 2, 2021, Purchase of Franchise for $586,000

Period of franchise = 5 years

September 1, 2023, Sale of Franchise for $340,000

Annual amortization expense = $117,200 ($586,000/5)

Amortization Schedule:

June 2, 2021 to December 31, 2021 = $58,600 ($117,200/2)

Jan. 1, 2022 to December 31, 2021 =  $117,200

Jan. 1, 2023 to September 1, 2023 =    $78,133 ($117,200 * 8/12)

Total amortization during the period = $253,933

Initial cost = $586,000

Accumulated amortization = $253,933

Reduced book value = $332,067

Sales proceed = $340,000

Gain from sales = $7,933 ($340,000 - $332,067)

6 0
1 year ago
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inv
umka21 [38]

Answer:

Equivalent units  =   3,855 units

Explanation:

Equivalent unit are notional whole units which represent incomplete work and are used to apportion cost between working in progress and completed work.

Equivalent unit is calculated as:

Degree of completion (%) × Units .

The equivalent units can be calculated by using either the first in first out (FIFO)  or weighted average method.

Here, we will use the FIFO.

FIFO: Under this method, to account for the completed units of a particular period, it is assumed that the opening inventory units must first be completed. That is, the first set of completed units should be the opening inventory.

The table below has been set out for explanation:

Items                   Units Notes Workings Equiv.Units

Opening inventory  200  1 40% × 200 80

Fully worked               3,700  2 100% × 3700 3700

Closing Inventory          300  3 25% × 300 75

Equivalent unit                                  3,855.0

Notes

1. 60% work has already been done in the previous period (September) so in October the balance is done.

2. The fully work represents units of new work introduced in October and completed in the same period. The value is 3900- 200 = 3700

3. The closing inventory is the units of new work started in October but not yet completed at the end of October.

Equivalent units = 3,855.0

4 0
2 years ago
On January 1, 2021, Taco King leased retail space from Fogelman Properties. The 10-year finance lease requires quarterly variabl
Natalija [7]

Answer:

<u>Jan 1st, 2021 entry:</u>

Equipment    746,168 debit

    Lease Liability    723,668 credit

    Cash                     22,500 credit

<u>April 1st, 2021 entry:</u>

Interest expense    7,537 debit

Lease Liability       15,263 debit

         Cash              22,800 credit

Explanation:

We will assume a 750,000 sales revenue per quarter. As this was their historical and expected value:

750,000 x 3% = 22,500 per quarter

Now, we solve for the present value of the lease payment:

C \times \frac{1-(1+r)^{-time} }{rate}(1+r) = PV\\

C 22,500

time 40 (10 years x 4 quarter per year)

rate 0.01 (4% annual / 4 quarters)

22500 \times \frac{1-(1+0.01)^{-40} }{0.01}(1+0.01) = PV\\

PV $746,168.2419

we subtract the first payment of 22,500

lease liability reocrded in the enrty: 723.668

As lease sales were 760,000

lease payment: 760,000 x 3% = 22,800

less expected of 22,500 = 300 additional interest expense

interest expense: 723,668 x 0.01 = 7,237 + 300 = 7,537

amortization on lease liability: 22,800 -7,537 = 15,263

6 0
2 years ago
. You have room for up to two fruit-bearing trees in your garden. The fruit trees that can grow in your garden are either apple,
Alina [70]

Answer:

you should have 2 apple trees

Explanation:

<u>you can have</u>                           <u>savings</u>            <u>costs</u>            <u>net payoff</u>

no tree at all                                0                      0                     0

1 apple tree                               $130                $100                $30

1 orange tree                            $90                  $70                 $20

1 pear tree                                $145                 $120                $25

<u>2 apple trees                           $260               $200                $60</u>

2 orange trees                         $180                $140                 $40

2 pear trees                             $290               $240                $50

1 apple + 1 pear tree                $275               $220                $55

1 apple + 1 orange tree            $220               $170                 $50

1 orange + 1 pear tree              $235               $190                 $45

8 0
2 years ago
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