Suppose a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is 5/2 bushels of squash.
Opportunity costs are the possible advantages which any person or investor or any company forgoes while deciding between the two options.
Opportunity costs are invisible in nature. An opportunity cost is simply by definition is the difference between the expected returns of each option and this is also the formula for doing so.
Job training had a positive effect on the Group 1 and it would be beneficial for the second group to have had it too.
Explanation:
In series analysis one compares two set of data in terms of their initial points and their final results and within if there are fluctuations in the matter during the series. In ere, the data given is of two points that is the initial data and the final data.
The two data points clearly show that the two groups were equivalent in 2003 but the first group which received job raining ended up progressing more than the second group so it is beneficial to get the job training that was offered.
Financial Statements are a picture of the company's financial health for a given period of time at a given point in time. The Financial Statements provide a collection of data about a company's financial performance, its current conditions and its cash flows.
When providing the Financial Statements to investors, the <em>language, currency, </em>and <em>exchange rate </em>of the transactions of the firm are the main areas that concern the potential stockholders.
