Answer:
The correct answer is letter "D": $24.
Explanation:
Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.
In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).
That it aloud people to be selfish
Answer:
b. has no-par value stock.
Explanation:
Additional paid-in capital represents the amount of money that shareholders have paid for their shares of stock, in excess of the par value of the stock. This is most likely to occur with no-par value stock, which has no set value assigned to each share.
Answer:
the present value of the annuity = $4,523,638
Explanation:
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
A specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.
<h3>What is a ledger?</h3>
A ledger is a specialized accounting tool. It can also be described as a financial book or computer program.
In the ledger, information from accounting journals is accumulated and posted into specific categories matching the type of accounts.
From the ledger, the trial balance is extracted, which forms the basis for preparing the financial statements that show an entity's financial profitability and position.
Thus, a specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.
Learn more about the ledger accounts at brainly.com/question/17143087
