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Keith_Richards [23]
1 year ago
8

Marco was an economics major in college until he discovered he could major in strength and conditioning. Then he switched majors

. Clearly, learning about this field is important to him. Mike and Bob are addressing
Business
1 answer:
Liono4ka [1.6K]1 year ago
7 0

n the video, Marco says he was an economics major in college until he discovered he could major in strength and conditioning. Then he switched majors. Clearly, learning about this field is important to him. Mike and Bob are addressing ............... when they send Marco to seminars instead of, for example, increasing his salary in exchange for his continued high performance at MBSC. They could maintain Marco’s high level of motivation by:........................

A. Sending him on an all-expense-paid Caribbean cruise for two weeks

B. Reimbursing his tuition as he seeks a master’s degree in fitness management

C. Reassuring him that he has a job with MBSC as long as he performs well

D. Setting up an employee discount program at a nearby coffee shop, laundromat, and tasalon

Answer:

Valence

C. Reassuring him that he has a job with MBSC as long as he performs well

Explanation:

By sending Marco to seminars, Mike and Bob are addressing VALENCE;  a psychological value  an individual put on  another person, in relation to the attractiveness of individual whose a psychological value has been placed. In this case, a psychological value placed on Macro by his managers is the valuable rewards they would get from his professional development, rather than increasing his salary in exchange for high performance.

Therefore, they could maintain Marco’s high level of motivation by reassuring him that he has a job with MBSC as long as he performs well.

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The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,
34kurt

Answer:

$252,000

Explanation:

Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.

First step is to calculate the Net Purchase

Purchases 259,000

Less Purchase discounts (7,900)

Less Purchase returns (11,900)

Add Freight-in 20,800

Net purchase 260,000

Now let calculate the cost of goods sold

Inventory, 7/1/2020 33,900

Add 260,000

Less inventory balance ($41,900)

Cost of goods sold $252,000

Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000

5 0
1 year ago
If I have the only telephone in town, it is essentially worthless. Then other people in town get telephones and I can call them.
ivolga24 [154]

Answer:

Explanation:

5 0
1 year ago
Mojo Mining has a bond outstanding that sells for $2,120 and matures in 18 years. The bond pays semiannual coupons and has a cou
Eddi Din [679]

Answer:

D. 3.66%

Explanation:

For computing the after tax cost of debt we need to apply the RATE formula i.e to be shown in the attachment

Given that,  

Present value = $2,120

Future value or Face value = $2,000

PMT = $2,000 × 6.6% ÷ 2 = $66.60

NPER = 18 years × 2 = 36 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 3.05% × 2 % = 6.10%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 6.10% × ( 1 - 0.40)

= 3.66%

4 0
2 years ago
The following is the income statement for the period ending December 31, Year 1, for Manatee Construction Company:
kaheart [24]

Answer:

Sales 8,000,000 DEBIT

Gain from the sale of investments 100,000 DEBIT

 Income Summary   8,100,000 CREDIT

--to close revenues and earnings account

Income Summary 8,250,000  DEBIT

  Cost of goods sold                  6,500,000 CREDIT

   Salaries expense                      300,000 CREDIT

   Other administrative expenses 100,000 CREDIT

   Interest expense                       900,000 CREDIT

   Advertising expense                 450,000 CREDIT

--to close expenses account

Retained Earnings 150,000 DEBIT

  Income Summary     150,000 CREDIT

Explanation:

To close the accounts we use the income summary account as an auxiliar tool

The revenues and gains have a normla balance of credit thus, we debit to close them

The expenses are normal balance debit so we credit them against income summary.

Last we transfer the Income Summary account into retained earnings.

3 0
1 year ago
Angela will need $2000 in three years so that she can take a cruise vacation with some of her friends. She just received a large
Gemiola [76]

Answer:

$1,883.81

Explanation:

To calculate this, we use the formula for calculating the present value (FV) as follows:

PV = FV ÷ (1 + r)^n ……………………………………………. (1)

PV = Present value or the amount to invest in the CD = ?

FV = future value or the amount needed in three years = $2,000

r = interest rate = 2% annually = 2%/4 quarterly = 0.5% or 0.005 quarterly

n = number of period = 3 years = (3 × 4) quarters = 12 quarters

Substituting the values into equation (1), we have:

PV = 2,000 ÷ (1 + 0.005)^12 = 2,000 ÷  1.0616778118645 = $1,883.81

Therefore, Angela should invest $1,883.81 in the CD.

4 0
1 year ago
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