Five classmates are all trying out for the lead role in the…

Five classmates are all trying out for the lead role in the school play about Abraham Lincoln. As part of their audition they are given 1 hour to memorize one of Lincoln’s most famous speeches – the Gettysburg Address. The five students have very different practice strategies in terms of how much time they spend re-reading the speech and how much time they spend actively rehearsing the speech. Student A: 1 minute reading; 59 minutes rehearsingStudent B: 20 minutes reading; 40 minutes rehearsingStudent C: 35 minutes reading; 25 minutes rehearsingStudent D: 50 minutes reading; 10 minutes rehearsingStudent E: 60 minutes reading; no time rehearsing Based on what we’ve learned in class, which student would show the best learning of the speech?

Darlene runs a restaurant. She wants to reduce the number of…

Darlene runs a restaurant. She wants to reduce the number of times that her employees violate food safety rules. As such, any time that she sees an employee violate a food safety rule, she docks their pay (takes money away from them). She finds that after instituting this policy, her employees become much less likely to break the food safety rules. In this example, Darlene has used ___________ to alter her employees’ behavior.

Prescott, Inc. owns a 30% interest in Sylvestre, Inc. and ap…

Prescott, Inc. owns a 30% interest in Sylvestre, Inc. and applies the equity method to account for this investment. During the current year, Prescott purchases inventory costing $54,000 and then sells it to Sylvestre for $90,000. At the end of the year, Sylvestre still holds $20,000 of the merchandise acquired from Prescott. What amount of unrealized gross profit must Prescott defer in reporting this investment using the equity method?

Beth enjoys studying in coffee shops, and she typically does…

Beth enjoys studying in coffee shops, and she typically does not find herself being distracted very easily. However, when she was studying yesterday in a coffee shop, two people at the table next to hers were talking about another person named “Beth.” While studying yesterday, Beth found herself to be distracted every time the people next to her said the name “Beth.” What theory of attention is this consistent with?

On June 1, Bryant, Inc. paid $800,000 cash for all of the is…

On June 1, Bryant, Inc. paid $800,000 cash for all of the issued and outstanding common stock of Acme Company. The carrying values for Acme’s assets and liabilities as of June 1 were: Cash $150,000 Accounts receivable 180,000 Capitalized software costs  320,000 Goodwill  100,000 Liabilities   (130,000) Net Assets $620,000  On June 1, Acme’s accounts receivable had a fair value of $140,000. Additionally, Acme’s in-process research and development was estimated to have a fair value of $200,000. All other items’ carrying values approximated their fair values. On Bryant’s June 1 consolidated balance sheet, how much should be reported for goodwill?

James and Dylan are both studying for a business school exam…

James and Dylan are both studying for a business school exam. James decides to always study in the same seat in the classroom where they’ll take the exam. Dylan studies on the exact same schedule as James, but he studies in a different place every time. On the day of the exam, James gets to the classroom early so that he can sit in the same seat he studied in. Dylan sits in the first open seat he sees when he gets to the classroom. Based on this, and all other things being equal, you would expect _______ to do better on the exam, because ________.