According to the elaboration likelihood model of motivation, if we're interested and focused enough on a message, we take a "peripheral" route to a decision
Indicate whether the statement is true or false
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Ruben Company purchased $100,000 of Evans Company bonds at 100 . Ruben later sold the bonds at $104,500 plus $500 in accrued interest. The journal entry to record the sale of the bonds would be
a. debit Cash, $105,000; credit Investment—Evans Company Bonds, $104,500, and Interest Revenue, $500 b. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, and Gain on Sale of Investments, $5,000 c. debit Cash, $104,500, and Interest Receivable, $500; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500 d. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500
A meta-analysis found that grit is strongly correlated with ______.
A. performance B. retention C. sustainability D. conscientiousness
The prepaid insurance account had a beginning balance of $6,600 and was debited for $2,300 for premiums paid during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $4,100
Thompson Pool is known for quality pool installations, excellent customer service, and reasonable prices. If you want to have a Thompson pool you will have to wait about six months due to demand for their product. While Thompson could probably price their product higher, given the demand, they don't. Instead, they set price so that they earn a reasonable level of profits. This company seems to base its pricing policy on:
A. profit maximization B. earning satisfactory profits C. creating retained earnings D. making the most money as possible E. decreasing consumer demand