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2 years ago

Can someone Plss help with this I’m not sure if that the right answer

Business

1 answer:

Step2247 [10]2 years ago

5 0

Based on the fact that you gave up the beach to study for the economics final, the opportunity cost is d. the sun and fun you gave up by studying.

<h3>What is the opportunity cost of studying?</h3>

The opportunity cost is what we give up in order to pursue our current course of action.

You gave up going to the beach and having fun in the sun so this is the opportunity cost of studying for economics.

Find out more on opportunity cost at brainly.com/question/481029.

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Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date Description Number Average Cost Total Cost Cost

of Units Balance

May 7 Purchase 105 $7 $735 $735

June 1 Sales (55) $7 385 350

July 28 Purchase 63 $18 1,134 1,484

August 27 Sales (84) $13.1327 1,103 381

Explanation:

a) Data and Calculations:

Date Number of Units Unit Price Total Costs

May 7 Purchase 105 $7 $735

June 1 Sales (55) $7 385

July 28 Purchase 63 $18 1,134

August 27 Sales (84) $13.1327 1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory = $381

8 0

3 years ago

The statement that reports net income or loss for a certain period in time is the

Mars2501 [29]

Answer:

The correct answer is: Income statement.

Explanation:

The Income Statement is a report that measures a company's financial performance over a specific accounting period. This statement is also known as the Profit and Loss Statement and Earnings Statement. The Income Statement shows a company's <em>revenues, expenses, net profit, </em>and <em>net loss</em> from both operating and non-operating activities.

8 0

3 years ago

How do I make ice cream

dedylja [7]

Stir sugar, cream and milk into a sauce pan over low heat until sugar has dissolved Heat just until mix is hot and a small ring of foam appears around the edge. 2. Transfer cream mixture into a pour able container such as a large measuring cup. Stir in vanilla extract and chill mix thoroughly, at least two hours. 3. pour cold ice cream mix into an ice cream container, turn on the machine, and churn according to the manufacturers directions. 20 to 25 min. 4. When ice cream is softly frozen, swerve immediately or place a plastic wrap directly on the ice cream and place in freezer to ripen, 2 to 3 hrs <span />

8 0

3 years ago

Read 2 more answers

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y

Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV $(1+\frac{r}{n} )^{n*t}$

where:

FV = Future value

PV = Present value = $7,000

r = interest rate in decimal = 0.07

n = number of compounding periods per year

t = compounding period in years = 14

For interests compounded continuously, the Future value is given as:

FV = PV × $e^{r*t}$

where

$e$ is a mathematical constant which is = 2.7183

Now to calculate each on the compounding periods one after the other:

1. Interest compounded annually:

here n (number of compounding periods annually) = 1

Therefore,

FV = 7,000 × $(1+\frac{0.07}{1})^{14}$

FV = 7,000 × $1.07^{14}$ = $18,049.74

2. Interest compounded quarterly:

here, n = 3 ( there are 4 quarters in a year)

FV = 7,000 × $(1+\frac{0.07}{4} )^{4*14}$

FV = 7,000 × $1.0175^{56}$ = $18,493.77

3. Interest compounded Monthly:

here n = 12 ( 12 months in a year)

FV = 7,000 × $(1+\frac{0.07}{12} )^{12*14}$

FV = 7,000 × $1.005833^{168}$ = $18,598.16

4. Interests compounded continuously:

FV = PV × $e^{0.07 * 14}$

FV = 7,000 × 2.66446 = $18,651.19

3 0

3 years ago

A company implements the following policy regarding inventory in transit: Goods purchased are included in inventory records, whi

a_sh-v [17]

Answer:

c. The party who has title to the inventory while in transit.

Explanation:

If you sell or buy FOB shipping point, then you could use this type of accounting method. The title of the goods is transferred immediately (as soon as the goods leave the seller's premises). But if the transactions are FOB destination, the title of the goods is transferred only after the goods have been delivered.

8 0

3 years ago