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klasskru [66]
3 years ago
15

The salary foregone by a person who quits a job to start a business is an example of a(n) ________. Select one: A. depreciable c

ost B. outlay cost C. opportunity cost D. sunk cost
Business
2 answers:
ZanzabumX [31]3 years ago
5 0

Answer:

C

Explanation:

Opprtunity cost

 Opportunity costs is the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them. If the foregoes the salary and quits the job for the business he wants to start. He is forgoing the benefit of the salary which is an opprtunity cost, even if the business produces more.

Arturiano [62]3 years ago
3 0

Answer:

C. opportunity cost

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

For example, let us assume that Amanda leaves her job where she earns $250,000 to start a business where she earns $500,000. Her opportunity cost is $250,000 which is the salary she forgoes when she decided to start her business.

I hope my answer helps you

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Answer:

the asnwer is A

Explanation:

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2 years ago
A special surveillance and rescue team is being deployed to counter the menace of pirates in the Indian Ocean. Nick, Sid, Leah,
masha68 [24]

Answer:

cohesion

Explanation:

i think its cohesion because the word means to unite and if the understanding is high then when they combine it would be greater. im not 100% though

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2 years ago
You just received a gift from a friend consisting of 1,000 Thai baht, which you would like to exchange for Australian dollars (A
yanalaym [24]

Answer:

AUD 39.93 is expected to be received for your baht.

Explanation:

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3 0
3 years ago
On September 1, 2021, Southwest Airlines borrows $40.3 million, of which $8.6 million is due next year. Show how Southwest Airli
alexandr402 [8]

Answer and Explanation:

The presentation of the liabilities side of the balance sheet is presented below:

<u>                                                  Southwest Airlines </u>

<u>                                                    Liabilities side</u>

<u>                                                      Balance sheet</u>

Current liability

Current portion of the long term debt $8,600,000

Long term liability

Notes payable                                       $31,700,000   ($40,300,000 - $8,600,000)

Total liabilities                                      $40,300,000

4 0
3 years ago
A major drawback of using historical results for judging current performance is that _____. A. past results may be incorrect B.
pychu [463]

Answer:

C. inefficiences may be concealed in the past performance.

Explanation:

A major drawback of using historical results for judging current performance is that inefficiences may be concealed in the past performance.

8 0
3 years ago
Read 2 more answers
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