Jaime is just six weeks old. Based on Piaget’s research into cognitive development, what aspects of cognitive development will Jaime have accomplished by age three?
What will be an ideal response?
Jaime can already make a social smile in response to others smiling at him. By
three months, he should be expressing laughter and curiosity, and anger, fear of
strangers, and separation anxiety by one year of age. He is now expressing his feelings
to others. At 18 months, the emotions related to self-awareness appear; Jaime will feel
embarrassment, pride, and shame. He will soon be able to know the difference between
good and bad (two-and-a-half years of age), and at three years old, he should be
capable of empathy for others.
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Which of the following is a probable future sacrifice of economic benefits arising from present obligations as a result of past events?
A) Expense B) Liability C) Loss D) Asset
The following income statement is provided for Ramirez Company for the current year: ?Sales revenue (2,500 units × $40 per unit)$100,000 ?Cost of sold (variable; 2,500 × units × $16 per unit) (40,000) ?Cost of goods sold (fixed) (8,000) ?Gross margin 52,000 ?Administrative salaries (12,000) ?Depreciation (8,000) ?Supplies (2,500 units × $4 per unit) (10,000) ?Net income$22,000 ?? What amount was the company's contribution margin?
A. $50,000 B. $52,000 C. $22,000 D. $60,000
Averette & Averette Averette & Averette, a local dental practice, currently makes its own dentures for customers. The dental practice has one part-time employee who comes in weekly to make dentures. The employee is paid $150 per denture set. The direct materials and variable overhead cost per set of dentures is $75 and $25, respectively. In addition, the practice allocates $10,000 of fixed
overhead to the denture-making department. The practice makes 1,000 sets of dentures per year. An outside company who specializes in the making of dentures has offered to make each set of dentures for Averette & Averette for $255 per set. Refer to the Averette & Averette information above. If Averette & Averette outsources the making of dentures, the net income will: A) decrease by $15,000. B) increase by $5,000. C) increase by $15,000. D) decrease by $5,000.
In evaluating environmental performance, life cycle assessment (LCA) refers to ______.
a. the environmental impact a product has over the lifetime of the customer b. the environmental impact a product has over the product’s life cycle c. both A and B d. neither A nor B