E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
Answer:
$10,000
Explanation:
The maximum contribution you can made to SEP shall not exceed the lower of the following two limits for 2020:
1. 25% of total compensation paid to employee.
2. $57,000
By applying the above rule to the given scenario in question, the maximum contribution allowed by the Anthony to be made to SEP for Debra shall not exceed:
25% of total compensation=25%*40,000=$10,000
Answer:
3,300 deer
Explanation:
Total funds available to meet the entire cost of capturing stray deer = $48,000
This represents the total funds available as the Bruno & Court is a non profit organisation, it needs funding and as provided in the given case total funds available are $48,000 through local philanthropy.
Associated fixed cost in this activity = $15,000
Thus, maximum variable cost shall be = $48,000 - $15,000
= $33,000
Variable cost per deer = $10
Total number of deer to be captured = $33,000/$10 = 3,300 deer
Answer:
<u><em>Procedure to pass new tax laws:</em></u>
1. First, a representative sponsors a bill.
2. The bill is then assigned to a committee for study.
3. If released by the committee, the bill is put on a calendar to be voted on, debated or amended
4. If the bill passes by simple majority (218 of 435), the bill moves to the Senate.
5. After Congress passes the bill,
6. it goes to the president, who can either sign it into law or veto it.
Answer:
Confirmation bias
Explanation:
The reason is that the business managers who always see the one side of the story are biased because they don't see what the person whom they rejected was doing with its life and capabilities that he developed that might be the best resouce for the company. This consecutive result which forms a perception that the person is right is often called confirmation biasness.
