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2 years ago

Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False

Business

1 answer:

rosijanka [135]2 years ago

8 0

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

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Carla Vista Co. had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machin

Minchanka [31]

Answer:

I have no Idea ask your teacher

7 0

1 year ago

Which of the following statements is true of the scientific method?

nevsk [136]

Answer:

The answer is: C) The scientific method may not reveal a "true" model of the world.

Explanation:

When economists and scientists use the scientific method they are trying to develop models of the world and then test them with data. Past data is used to try to predict future economic behavior. That doesn´t mean that those models are 100% accurate and true, but rather that they might (or not) apply to specific situations.

Microeconomics relies on the use of the scientific method and econometrics, while the scientific method is not applicable in macroeconomics.

3 0

2 years ago

Savannah Factory applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and la

vfiekz [6]

Answer:

$179,950

Explanation:

For determining the overhead applied first we have to find the predetermined overhead rate based on the estimated cost which is shown below:

Predetermined overhead rate is

= Estimated overhead cost ÷ estimated direct labor cost

= $174,000 ÷ $87,000

= $2

Now the applied overhead is

= Predetermined overhead rate × actual direct labor cost

= $2 × $89,975

= $179,950

We simply applied the above formula so that the overhead applied could come

6 0

2 years ago

Anchor Co. owns 40% of Main Co.'s common stock outstanding and 75% of Main's noncumulative preferred stock outstanding. Anchor e

dmitriy555 [2]

Answer:

155,000

Explanation:

Anchor Co. owns 40% of Main Co.'s common stock outstanding and

75% of Main's noncumulative preferred stock outstanding.

Anchor exercises significant influence over Main's operations.

During the current period, Main declared dividends of

$200,000 on its common stock and

$100,000 on its noncumulative preferred stock.

The amount of dividend income that Anchor should report on its Income Statement for the period related to its investment in Main is:

Ordinary dividends 0.40 x 200,000 = 80,000

Preference dividends 0.75 x 100,000 = 75,000

Total dividends = 155,000

8 0

2 years ago

Anne Mulcahy, Xerox CEO, has been successful in turning the company around, in part because of the skills she learned when she s

Softa [21]

Answer:

The correct answer is D) build a relationship

Explanation:

Although A) is also correct, but it is correct for all types of selling, not only personal selling (the goal of sales is simply to increase profit).

In personal selling, the seller and the potential buyer interact face-to-face or voice-to-voice. It can be done through a call center by making a cold call to try to convine a client, while using a script or not, or it can be done in personal interaction in various enviroments: a retailer store, approaching the customers door-to-door, or even in the streets.

The idea is to build confidence, trust, to appear likeable. It has been found by many studies that people take decisions mostly based on emotional reasoning. If the seller is able to elicit positive emotions from the customer, he will increase the probablity of closing the sale.

7 0

2 years ago