Answer:
Direct foreign investment
Explanation:
Foreign direct investment (FDI) is done in the case when the company controls the ownership in the other country of the business entity
Here the foreign company would be directly linked with the day to day operations that done in the other country this means that here not only the contribution of money matters but also the knowledge, skills, capabilities, techonology is also matter
Therefore the above represent the answer
Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in savings account. The higher the interest rate _____.
Answer:
The higher the interest rate, the lower the time required.
Explanation:
Giving the following information:
Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in a savings account.
The higher the interest rate, the lower the time required.
As the money invested and the future value required are fixed, the only variables are the interest rate and the time between deposit and objective.
Use the following information to answer this question.
Bayside, Inc. 2010 Income Statement ($ in thousands)
Net sales $ 6,020
Less: Cost of goods sold 4,240
Less: Depreciation 325
Earnings before interest and taxes $ 1,455
Less: Interest paid 29
Taxable Income $ 1,426
Less: Taxes 499
Net income $ 927
Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands)
2009 2010 2009 2010
Cash $ 80 $ 185 Accounts payable $ 1,445 $ 1,745
Accounts rec 940 780 Long-term debt 760 550
Inventory 1,560 2,010 Common stock $ 3,125 $ 3,020
Total $ 2,580 $ 2,975 Retained earnings 820 1,070
Net fixed assets3,570 3,410 Total assets $ 6,150 $ 6,385
Total liab. & equity$ 6,150 $ 6,385
What is the equity multiplier for 2010?
a) 0.52
b) 2.11
c) 2.04
d) 1.04
e) 1.56
Answer:
The correct option is e) 1.56.
Explanation:
Note: The data in this question are merged together. The complete question with the sorted data is therefore provided before asnwering the question. See the attached pdf file for the complete question with the sorted data.
The explanation of the answer is now provided as follows:
The equity multiplier can be described as a financial leverage ratio gives a measure of the total assets of a company that is financed by the shareholders of the company. This can be calculated using the following formula:
Equity multiplier = Total assets / Total Shareholder's Fund ........... (1)
Where, for Bayside, Inc. in 2010, we have:
Total assets = $6,385
Total Shareholder's Fund = Common stock + Retained earnings = $3,020 + $1,070.00 = $4,090
Substituting the figures into equation (1), we have:
Equity multiplier = $6,385 / $4,090 = 1.56
Therefore, the equity multiplier for 2010 is 1.56 and the correct option is e) 1.56.
There are two jobs to be assigned to two workers. The cost for worker A on job 1 is $5 and on job 2 is $8. The cost for worker B on job 1 is $10 and on job 2 is $12. How should the work be divided using the assignment method and what is the total cost
Answer:
To minimize costs, Job 1 should be assigned to Worker A while Job 2 is assigned to Worker B and the total cost will be $17.
Explanation:
a) Data and Calculations:
Worker A Worker B
Cost of Job 1 $5 $10
Cost of Job 2 $8 $12
Job assignments 1:
Worker A Worker B Total Cost
If Job 1 is assigned to $5 $5
Then Job 2 is assigned to $12 12
Total cost of jobs $5 $12 $17
Job assignments 2:
Worker A Worker B Total Cost
If Job 1 is assigned to $10 $10
Then Job 2 is assigned to $8 8
Total cost of jobs $8 $10 $18
Job assignment 1 should be adopted to minimize cost by $1.
A company purchased $3,300 worth of merchandise. Transportation costs were an additional $290. The company returned $230 worth of merchandise and then paid the invoice within the 3% cash discount period. The total cost of this merchandise is:
Answer:
the total cost of the merchandise is $3,267.90
Explanation:
The computation of the total cost of this merchandise is shown below;
Purchase $3,300
Less Purchase return -$230
Purchase less return $3,070
Less: discount at 3% on $3,070 -$92.10
Net purchase cost $2,977.90
Add: transportation $290
Total cost $3,267.90
hence, the total cost of the merchandise is $3,267.90
What do you think happens to the price of an object as it goes through a large number of intermediaries?
With the new technology, the opportunity cost of producing a chicken _____ because _____ soybeans must be forgone to produce a chicken.
The full question is:
A farm grows soybean and produces chickens. The opportunity cost of producing each of these products increases as more of it is produced.
The farm adopts a new technology which allows it to use fewer resources to produce soybean.
With the new technology, the opportunity cost of producing a chicken _____ because _____ soybeans must be forgone to produce a chicken.
Answer:
increases; more
Explanation:
Opportunity cost is the forgone alternative when a particular line of action is undertaken. For example in the given scenario more production of chicken will lead to loss of soyabean production and vice versa.
So when there is production of more chicken more opportunity cost is incurred because more of soyabean production is forgone in order to produce the chicken.
Economists consider opportunity cost seperately from the actual cost incurred in taking up a particular activity.
Heritage, Inc., had a cost of goods sold of $44,721. At the end of the year, the accounts payable balance was $8,253. How long on average did it take the company to pay off its suppliers during the year
Answer:
Account payable days = 67.36 days
Explanation:
The payable days is the average length of time it takes a business to settle its account payable. It is calculated as thus;
Account payable days = Average account payable / Cost of goods sold × 365
Account payable = $8,253/44,721 × 365
Account payable = 67.36
Therefore, it will take Heritage about 67.36 days to settle its account payable
What is the importance of computer applications in the business domain? How Computer applications support businesses to work ubiquitously? Give valid reasoning with examples.
Answer:
Explanation:
The importance of computer applications in the business domain is that it allows for the automatization of daily tasks. This is also the reason why businesses that implement such applications are able to work ubiquitously. The software applications are designed to automate all of the tasks that the business needs and perform them quickly and efficiently, if a certain task is not able to be automated then the software still makes completing the task by only requiring user input for the absolutely necessary parts of the task. One example of this would be a logistics application for businesses where inventory is automatically calculated as sales go through and automatically replenished by sending inventory requests to suppliers.
under FINRA rules, numbered accounts are: A prohibited B permitted with the prior approval of FINRA C permitted if the firm maintains a written statement of the customer attesting to ownership D permitted without any additional supporting documentation
Answer:
C permitted if the firm maintains a written statement of the customer attesting to ownership
Explanation:
FINRA can be regarded as body which carry out regulation of trading in corporate bonds, as well in equities, and securities futures. All firms that deals with securities are
usually member of FINRA.One of FINRA requirements is that
maintaining an accounts should be in
customer name a numbered account can be maintained in case the firm leave a written statement by the customer in a file which attest to ownership.It should be noted that under FINRA rules, numbered accounts are permitted if the firm maintains a written statement of the customer attesting to ownership.
Consider the following case:
Polk Software Inc. has a quick ratio of 2.00x, $32,850 in cash, $18,250 in accounts receivable, some inventory, total current assets of $73,000, and total current liabilities of $25,550. The company reported annual cost of goods sold of $100,000 in the most recent annual report.
Over the past year, how often did Polk Software Inc. sell and replace its inventory?
a. 2.86 x.
b. 4.57 x.
c. 5.03 x.
d. 8.01 x.
The inventory turnover ratio across companies in the software industry is 3.89x. Based on this information, which of the following statements is true for Polk Software Inc.?
A. Polk Software Inc. is holding more inventory per dollar of sales compared to the industry average.
B. Polk Software Inc. is holding less inventory per dollar of sales compared to the industry average.
You are analyzing two companies that manufacture electronic toys-Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $100,000 each. You've collected company data to compare Like Games and Our Play. Last year, the average sales for all industry competitors was $255,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. You've collected data from the companies' financial statements. This information is listed as follows:
Data Collected (in dollars)
Like Games Our Play Industry Average
Accounts receivable 2,700 3,900 3,850
Net fixed assets 55,000 80,000 216,750
Total assets 95,000 125,000 234,600
Using this information, complete the following statements to include in your analysis.
1. Our Play has__days of sales tied up in receivables, which is much___ than the industry average. It takes Our Play___time to collect cash from its customers than it takes Like Games.
2. Like Games's fixed assets turnover ratio is___than that of Our Play. This is because Like Games was formed eight years ago, so the acquisition cost of its fixed assets is recorded at historic values when the company bought its assets and has been depreciated since then. Assuming that fixed assets prices (not book values) rose over the past six years due to inflation, Our Play paid a___amount for its fixed assets.
3. The average total assets turnover in the electronic toys industry is 1.09x, which means that $1.09 of sales is being generated with every dollar of investment in assets. A___total assets turnover ratio indicates greater efficiency. Both companies' total assets turnover ratios are___than the industry average.
Answer:
Polk Software Inc.
Over the past year, Polk Software Inc. sold and replaced its inventory?
b. 4.57 x.
Based on this information, the true statement about Polk Software Inc. is:
B. Polk Software Inc. is holding less inventory per dollar of sales compared to the industry average.
Like Games Inc. and Our Play Inc. Like Games:
1. Our Play has_14_days of sales tied up in receivables, which is much_8__ than the industry average. It takes Our Play_1.4__times to collect cash from its customers than it takes Like Games.
2.Like Games's fixed assets turnover ratio is_0.57__than that of Our Play. This is because Like Games was formed eight years ago, so the acquisition cost of its fixed assets is recorded at historic values when the company bought its assets and has been depreciated since then. Assuming that fixed assets prices (not book values) rose over the past six years due to inflation, Our Play paid a_less__amount for its fixed assets.
3. The average total assets turnover in the electronic toys industry is 1.09x, which means that $1.09 of sales is being generated with every dollar of investment in assets. A_more__total assets turnover ratio indicates greater efficiency. Both companies' total assets turnover ratios are_more__than the industry average.
Explanation:
a) Data and Calculations:
Quick ratio = 2.00x
Cash = $32,850
Accounts receivable = $18,250
Current assets = $73,000
Inventory = $21,900 ($73,000 - $32,850 + $18,250)
Current liabilities = $25,550
Cost of goods sold = $100,000
How often Polk Software Inc. sold and replaced its inventory = (Cost of goods sold/Average Inventory)
= 4.57 x ($100,000/$21,900)
Industry turnover ratio = 3.89x
Like Games Inc. and Our Play Inc. Like Games:
Sales for each firm last year = $100,000
Average sales for all industry competitors = $255,000
Information from the companies' financial statements:
Data Collected (in dollars)
Like Games Our Play Industry Average
Accounts receivable 2,700 3,900 3,850
Net fixed assets 55,000 80,000 216,750
Total assets 95,000 125,000 234,600
Days sales in inventory = Average accounts receivable/Sales * 365
For Our Play = $3,900/$100,000 * 365
= 14.235 days
Like Games = $2,700/$100,000 * 365
= 9.855 days
For the Industry = $3,850/$255,000 * 365
= 5.51 days
Fixed assets turnover:
Like Games Our Play Industry Average
Sales $100,000 $100,000 $255,000
Net fixed assets 55,000 80,000 216,750
= Sales/Net fixed assets 1.82 1.25 1.18
= $100,000/55,000 $100,000/$80,000 $255,000/$216,750
Please answer the question posted in the image
Answer:
its c
Explanation:
"Standard Cost Data per 1 Unit Quantity Price Direct Material 3 lbs $2.00/lb Direct Labor 2 hrs $4.00/hr Actual Data: Units produced 20 Material purchase 100 lbs at $2.25 per lb Material usage 90 lbs Direct Labor 30 hrs; total cost $123 Compute all standard costs and variances for DM & DL. Show all computations."
Answer and Explanation:
The computation is shown below:
The Standard cost for 20 units is
Material (20 units × 3lbs × $2lb) $120
Direct labor (20 units × 2lbs × $4) $160
Total standard cost $280
Now
Direct material price variance = (Actual price -Standard price) × Actual quantity
= (2.25-2.00) × 90
=22.5 Unfavorable
Direct material quantity variance = (Actual quantity- Standard quantity) × Standard price
=(90-20x3) × 2
= $60 unfavorable
Direct material cost variance =Direct material price variance + Direct material quantity variance
=22.5 UF+$60UF
=82.50UF
Direct labor Rate variance = (Actual rate -Standard rate) × actual hours
= (4.10-4.00) × 30 hrs
= $3 Unfavorable
Actual rate = $123 ÷ 30 hrs
= $4.10
Direct labor Quantity variance = (Actual hours -Standard hours ) × Standard rate
=(30-20 × 2) × 4
=$40 favorable
Direct labor cost variance =Direct labor Rate variance+Direct labor Quantity variance
=$3 unfavorable + $40 favorable
=$37 favorable
____________ is the process of identifying and assessing the volume and sentiment of what is being said about a company, individual, product, or brand. Digital marketing Visual analytics
Answer:
d) Social media monitoring
Explanation:
Social media monitoring includes the tracking of brand i.e. online and the responses also. You should check and keep your brand on the top of the message prior it become viral for the reason i.e. not right. Also it would help in maintaining the positive brand between the consumers and influencers
So, as per the given situation, it is a social media monitoring
Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of $7,000 the first year, $9,000 the second year, $12,000 the third year, -$8,000 the fourth year, $19,000 the fifth year, $25,000 the sixth year, $28,000 the seventh year, and -$6,000 the eighth year. The project would cost the firm $47,300. If the firm's cost of capital is 18%, what is the modified internal rate of return
Answer:
The modified internal rate of return is 15.67%.
Explanation:
Note: See the attached excel file for the calculation of the total present value of the after-tax cash flows.
From the attached excel file, we have:
Total present value of the after-tax cash flows = $40,332.66
The modified internal rate of return (MIRR) can be calculated using the following formula:
MIRR = (PV / Outlay)^(1/n) * (1 + r) - 1……………….. (2)
Where;
PV = Total present value of the after-tax cash flows = $40,332.66
Outlay = Absolute value of cost of the project = $47,300
r = cost of capital = 18%, or 0.18
n = number of years = 8
Substitute the values into equation (1) to have:
MIRR = ($40,332.66 / 47,300)^(1/8) * (1 + 0.18) - 1 = 0.1567, or 15.67%
Therefore, the modified internal rate of return is 15.67%.
XYZ Corp. has filled 100,000 purchase orders during its existence. 1,100 of the purchase orders have had errors. Using an empirical probability, the probability of the next purchase order having an error is
Answer:
1.1%
Explanation:
Calculation to determine what the probability of the next purchase order having an error is using
an empirical probability
Using this formula
Probability=Purchase orders errors/Purchase orders filled
Let plug in the formula
Probability=1100/100000
Probability=0.011*100
Probability=1.1%
Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%
When more than one security is sold for a single price and the total selling price is not equal to the sum of the market prices, the cash received is allocated between the securities based on:
Answer:
Relative market values
Explanation:
Secondary market can be defined as a market where various investors sell and buy securities from other investors.
Some examples of secondary market around the world are New York Stock Exchange (NYSE), NASDAQ, London Stock Exchange (LSE) and National Stock Exchange (NSE).
On the other hand, the primary market refers to the market where these securities that are being sold are issued or created.
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products, securities or stocks is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
Generally, when more than one security is sold for a single price and the total selling price is not equal to the sum of the market prices, the cash received is allocated between the securities based on relative market values.
Spartan Credit Bank is offering 8.1 percent compounded daily on its savings accounts. You deposit $6,500 today. a. How much will you have in the account in 5 years
Answer:
FV = $9745.02838 rounded off to $9745.03
Explanation:
To calculate the amount of money in account after five years, we will use the formula for future value of cash flow. The formula is as follows,
FV = Present value * (1+i)^t
Where,
i is the annual interest ratet is the time in yearsAs we have annual interest rate of 8.1% but it is compounded daily, we will use 8.1%/365 in our formula to get daily rates. Move over as the compounding is done daily, we will take 365*5 days instead of 5 years.
So,
FV = 6500 * [1+(8.1%/365)]^(5*365)
FV = $9745.02838 rounded off to $9745.03
Assume the current U.S. dollar-yen spot rate is 125¥/$. Further, the current nominal 180-day rate of return in Japan is 3% and 4% in the United States. What is the approximate forward exchange rate for 180 days?
Answer:
124.39Y/$
Explanation:
Calculation to determine the approximate forward exchange rate for 180 days
Using this formula
Forward exchange rate/spot exchange rate = [(1+rh)/(1+rf)]*r
Where,
rh = periodic interest rate in the home currency
rf = periodic interest rate in the foreign currency
r=Spot rate
Forward exchange rate= [1+3%*180/360]/[1+4%*180/360]*125¥/$.
Forward exchange rate = 1.015/1.02* 125¥/$
Forward exchange rate= 124.39Y/$
Therefore the approximate forward exchange rate for 180 days is 124.39Y/$
Describe the role of separation and termination in relation to broader human resources and business objectives
Answer:
Separation and or termination in HR relates to the cessation of the relationship between employer and employee.
Separation and or termination of the contract may occur in the following ways:
1. Constructive Discharge
2. Firing
3. Layoff
4. Termination by Mutual Agreement
5. Termination with Prejudice
6. Termination without Prejudice
7. Involuntary Termination of employment contract
8. Voluntary Termination of employment contract
9. Wrongful Termination of employment contract
10. Cessation of Temporary Contracts
Explanation:
Regardless of the type of separation or termination which occurs, the business owner and the the HR manager must realize that the HR funnel must never run short of hands with which the organization will attain its goals/objectives.
Recognizing the times lines for contracts that are terminal in nature, anticipating and preparing for sudden separation and planning adequately for these occurrences using HR Planning enables the business to continue to thrive regardless of its rate of turnover.
Cheers
true and false
4. Know the market trends of products that are in demand not
only within the local market but also in the international market.
Answer:
false
Explanation:
don't think so that s
is the answer
The Acme Company is a perfect competitor in its input markets and its output market. Its average product of labor is at its maximum and equals 30. The marginal revenue product of labor is $300. The price of its output is $
Answer:
$10
Explanation:
The computation of the price of the output is given below;
As per the given data
At the time when the average product is maximum, so the average product is equivalent to the marginal product
Therefore, AP = MP= 30
MRP = 300
Now
MRP = MP × MR
300= 30 × MR
MR= 300 ÷ 30
= 10
So,
P= MR= 10
Here are the comparattive income statements of Georgia Development Corporation.
December 31, 2017 December 31, 2016
Net sales $600,000 $500,000
Cost of goods sold 414,000 350,000
Gross profit 186,000 150,000
Operating expenses 150,000 120,000
Net income $36,000 $30,000
Required:
Prepare a horizontal analysis of the income statement data for Georgia Development Corporation using 2016 as a base.
Answer:
When using horizontal analysis, figures are compared across different years with the subsequent year differences with the base year figures being a percentage of the base year's figures.
12/31/2017 12/31/2016 Difference Percentage
Net sales $600,000 $500,000 $100,000 20.0%
Cost of goods sold $414,000 $350,000 $64,000 18.3%
Gross profit $186,000 $150,000 $36,000 24.0%
Operating expenses $150,000 $120,000 $30,000 25.0%
Net income $36,000 $30,000 $6,000 20.0%
Net sales percentage = 100,000 / 500,000 = 20%
Cost of goods sold = 64,000 / 350,000 = 18.3%
Gross profit = 36,000 / 150,000 = 24%
Operating expenses = 30,000 / 120,000 = 25%
Net income = 6,000 / 30,000 = 20%
The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects that the company will last for two more years and then be dissolved. The firm will generate cash flows of $450,000 next year and $790,000 in two years, including the proceeeds from the liquidation. There are 20,000 shares of stock outstanding and shareholders require a return of 12 percent.
Required:
What is the current price per share of the stock?
Answer:
$53.09
Explanation:
Calculation to determine current price per share of the stock
First step is to determine the Dividend per share in Year 1
Using this formula
Dividend per share in Year 1 = Cash flow generated next year / Number of shares
Let plug in the formula
Dividend per share in Year 1 == $450,000 / 20,000
Dividend per share in Year 1 == $ 22.5
Second step is to determine the Dividend per share in Year 2 using this formula
Dividend per share in Year 2 = Cash flow generated in two years / Number of shares
Let plug in the formula
Dividend per share in Year 2 = $790,000 / 20,000
Dividend per share in Year 2 = $39.5
Dividend per share in Year 2 =$40 Approximately
Now let determine the Share price today using this formula
Share price today = [ Dividend in Year 1 / (1 + Required rate of return) ] + [ Dividend in Year 2 / (1 + Required rate of return)2 ]
Let plug in the formula
Share price today = [22.5 /(1+.12)]+ (40 / 1.12^2
Share price today = (22.5 /1.12) + (40 / 1.12^2)
Share price today =$20.09+(40/1.25)
Share price today =$20.09+32
Share price today = $ 53.09
Therefore current price per share of the stock
Is $53.09
sykes company has sales revenue of $585,700. Cost of goods sold before adjustment is $335,900. The company's actual manufacturing overhead is $92,000, while allocated manufacturing overhead is $104,400. What is the actual gross profit
Answer:
Actual gross profit $262,200
Explanation:
The computation of the actual gross profit is as follows;
Allocated manufacturing overhead
$104,400
Actual manufacturing overhead
$92,000
Over applied manufacturing overhead
$12,400
Unadjusted cost of goods sold
$335,900
Less:
Over applied manufacturing overhead
($12,400)
Adjusted cost of goods sold
$323,500
Sales revenue
$585,700
Less:
Adjusted cost of goods sold
($323,500)
Actual gross profit
$262,200
Vaughn’s standard quantities for 1 unit of product include 5 pounds of materials and 1.0 labor hours. The standard rates are $4 per pound and $5 per hour. The standard overhead rate is $6 per direct labor hour. The total standard cost of Vaughn’s product is $31.00. $25.00. $15.00. $11.00.
Answer:
$31.00
Explanation:
Calculation to determine what The total standard cost of Vaughn's product is
Using this formula
Total standard cost of product=(Material Standard rate per pound × pounds of material) + (Labor standard rate per hour × labor hours) + (Standard overhead rate x labor hours)
Let plug in the formula
Total standard cost of product=[($4 × 5) + ($5 × 1.0)]+ ($6 × 1.0)
Total standard cost of product=($20+$5)+$6
Total standard cost of product= $25.00 +$6
Total standard cost of product= $31.00
Therefore The total standard cost of Vaughn's product is $31.00
anyone here earn money from brainly and how
please guide me
Hi, you've asked an incomplete question. However, I assumed you want to know what Brainly platformed.
Explanation:
It is interesting to note that the Brainly platform is designed specifically for students to learn from their peers mostly free of charge, and it allows them to find answers to homework questions.
Q8 Bernard co. has 9% coupon bonds on the market that have 11 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 10%, what is the current bond price (in $ dollars)
Answer: Hello the face value of the bond is missing hence I will assume $1000 as the face value.
$935.05
Explanation:
Assumption: Face value of Bond = $1,000
Determine the current bond price
Nper = 11 years
YTM ( rate ) = 10%
PMT = 9% ( coupon rate ) * 1000 ( face value of bond ) = 90
Fv = $1000
apply excel function to determine the current bond price
=PV( 10%,11,90,1000,0) = $935.05
Note : You can insert the face value you have into the excel function if the value you have isn't $1000 as I assumed
An individual wishes to deposit an amount of money now and $100 every year so that at the end of 10 years $1,500 will have been accumulated. With interest at 2% per year, how much should be deposited now
Answer:
$332.26
Explanation:
The amount to be invested today is known as the Principle Value. We discount the future cash flows using the effective interest rate to arrive at the Principle Value.
Using a financial calculator, we can determine the Principle Value (PV) simply as follows :
PV = ??
PMT = - $100
P/YR = 1
I = 2 %
FV = $1,500
N = 10
This gives a PV of ($332.26)
therefore,
$332.26 should be deposited now to meet the goals.
Hana owns a bakery in a small coastal town in the Pacific Northwest. She greatly enjoys the process of baking, especially the feelings of relaxation and creativity she has when mixing ingredients and working by the warm oven on cold days. She also feels very pleased when customers purchase her pies, and she makes enough money to pay her bills and save a little each month, which is important to her. What type(s) of reward(s) motivate(s) Hana's baking
Answer: Both intrinsic and extrinsic reward
Explanation:
Intrinsic motivation is when we do things simply because we find it enjoyable and we don't need any external reward for it. Since, Hana greatly enjoys the process of baking, especially the feelings of relaxation and creativity, this is an intrinsic reward.
On the other hand, extrinsic motivation occurs when one expects an external reward. Since, Hana feels very pleased when customers purchase her pies, and she makes enough money to pay her bills and save a little each month, she's extrinsically motivated.
Therefore, the answer is Both intrinsic and extrinsic reward.
Information is considered material to the financial statements if
I. It falls within industry-specific quantitative guidelines published by the Financial Accounting Standards Board.
II. Its omission could make a difference in the decisions made by a user relying on the financial statements.
III. Its misstatement could make a difference in the decisions made by a user relying on the financial statement.
a. I and IIl only.
b. Il and Ill only.
c. I, Il and III.
d. I only.
Answer:
B
Explanation: