LL
lai ling leung
Answers (3)
LL
Answered
The tendency for managers to see what they want to see in data is known as
A) motivated reasoning
B) surrogation
C) common measures bias
D) data subrogation
A) motivated reasoning
B) surrogation
C) common measures bias
D) data subrogation
On May 10, 2024
A
LL
Answered
Louis Company sells a single product at a price of $65 per unit. Variable costs per unit are $45, and total fixed costs are $625,500. Louis is considering the purchase of a new piece of equipment that would increase the fixed costs to $800,000 but decrease the variable costs per unit to $42.If Louis Company expects to sell 44,000 units next year, should it purchase this new equipment?
On May 10, 2024
Under the current system, Louis's profit when 44,000 units are sold is
[($65 - $45) × 44,000] - $625,500 = $254,500
If the new equipment is purchased, Louis's profit when 44,000 units are sold is
[($65 - $42) × 44,000] - $800,000 = $212,000
Louis is better off not buying the new equipment.
[($65 - $45) × 44,000] - $625,500 = $254,500
If the new equipment is purchased, Louis's profit when 44,000 units are sold is
[($65 - $42) × 44,000] - $800,000 = $212,000
Louis is better off not buying the new equipment.
LL
Answered
Which of the following would NOT be an impact of tariffs imposed on foreign cars?
A) Sales of foreign cars decline
B) The prices received by foreign car manufacturers decline
C) American jobs are protected
D) Tax revenue is generated for the government
E) Domestic car prices decline
A) Sales of foreign cars decline
B) The prices received by foreign car manufacturers decline
C) American jobs are protected
D) Tax revenue is generated for the government
E) Domestic car prices decline
On May 09, 2024
E