Bill's tendency to consider evidence that supports his position on illegal immigration, but disregards evidence that refutes his beliefs. b. carol and her team have been working on a new product for several years and one expensive prototype has become their main focus. when evaluating the choices for launch, the group judges the top prototype as the best one for launch over less expensive options. c. joe makes a stock price prediction and believes that there is only a 5% chance that his estimate is wrong; overlooking recent articles about the bad financial health of the business. d. a judge in a criminal court hears over 80 cases a day. the defendants whose cases are heard late in the day were given harsher sentences.

Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.