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Oxana [17]
2 years ago
12

2. Determining opportunity cost Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three sto

res carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $129 for the dress: Store Travel Time Each Way Price of a Dress (Minutes) (Dollars per dress) Local Department Store 15 129 Across Town 30 86 Neighboring City 60 63 Juanita makes $50 an hour
Business
1 answer:
Zepler [3.9K]2 years ago
5 0
<span>Juanita should buy the dress Across Town. Based on the amount of money she makes per hour, the cost of travel round-trip is $50 for one hour of travel. The total cost of the dress is now $136 which is less than the total cost of buying the dress elsewhere.</span>
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Margarita [4]

Answer:

Their income after 20 years would be 72,550 dollars.

Explanation:

The income after 20 years can easily de determin by using compounding

formula

Future Value = Present Value (1 + I)^ 20

                      = 90,000 (1 + 0.03)^ 20

                      = 162,550 dollars

Income can be determing by subtracting Pv from Fv i.e

Income = 162,550 - 90,000 = 72,550

Calculation on excel sheet

       A                        B                  C                         D                

1     90,000             1.03            = A1 * 1.03        = C1-A1        

2      = D1                  1.03           = A2 * 1.03       = C2-A2

20    = D19               1.03           = A20 * 1.03      = A20 - C20

* In work sheet colunm D will show income on investment.

4 0
3 years ago
N-Pax Technology Corp., a microchip manufacturing company, is hiring for the position of marketing manager for its new division.
Alona [7]

Answer:

D. Job specifications

Explanation:

Job specification -

It is the piece of information about the qualifications , strength , weakness and characteristics required in the person to take over a job or task .

hence , from the question , Nathan need to be aware about the job specifications , to select the candidate .

hence , from the given options , the correct term for the given information of the question is D. Job specifications .

7 0
3 years ago
When performing capital budgeting, __________ incurred by a project are irrelevant to future investment decisions.
m_a_m_a [10]

Question:

When performing capital budgeting, __________ incurred by a project are irrelevant to future investment decisions.

A) Opportunity costs

B) Depreciation

C) Sunk costs

D) Taxes

Answer:

The correct answer is C) Sunk Costs      

Explanation:

Capital Budgeting is the art (most applicable to corporate persons) of planning expenditure that will be incurred in the future, especially on long term assets.

The reason you cannot factor Sunk Cost into a Capital Budget is because of  its very nature.

Sunk Costs refer to monies for items that have already been expended and can never be recovered. If it can never be recovered and has <u>already</u>  been incurred, it has no role to play in future considerations especially when the purpose of Capital Budgetting is considered.

The primary purpose of a Capital Budget is that it helps to further evaluate the inflow against the outflow of an investment to check whether or not the return is acceptable.

Every other option given in the question above are items that have futuristic qualities.

Cheers

6 0
3 years ago
When new firms have an incentive to enter a competitive market, their entry will?
meriva
When new firms have an incentive to enter a competitive market, their entry will BRING DOWN PROFITS OF EXISTING FIRMS IN THE MARKET.
This is because, those customers who are patronizing the existing firms before will start patronizing the new firms.
5 0
3 years ago
Joaquin is offered vocational training that will cost $3,000 but will make him eligible for a promotion. Joaquin is trying to de
kupik [55]

"Joaquin should take the class because a promotion will mean a larger salary over the long term compared to a single cash advantage" statement is true.

<u>Explanation:</u>

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5 0
3 years ago
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