Answer:
. the next best alternative that could have been undertaken.
Explanation:
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
Assume that the next best option instead of attending the game is to study for a test. this is the opportunity cost
the price of the ticket is known as the explicit cost. Explicit cost includes the amount expended in carrying out a particular activity
A separate procedure is a procedure that is usually part of a surgical package but may also be performed separately. It is a Current Procedural terminology or CPT code that is used for a part of the procedure that can be done separately from the main procedure.
Answer:
Explanation:
before I write it, I don't really know how formal you want this to be....but here's a formal one?
Dear Mrs Lorenzo,
I hope you're having a great day. I am currently in Art class and I should be working on a project, but I don't really want to. In fact, I don't really want to be in school because I don't enjoy it at all. My mother makes me go because classes such as English are "important", but I don't really agree. I don't see the point of English. I would much rather be playing video games.
I was looking online, and i realised that there seems to be an error with my grade. Could you please explain what has happened and correct it? Thank you very much.
Yours sincerely,
whatever your name is
I'm guessing that would be formal enough if it was a school teacher, but I'm surprised you're putting all of this "i hate school" stuff in a letter to your teacher? But hey, if only I could be that frank with my teachers lol
Hope this helped - stay strong through school lol it'll be over one day
Answer:
Wages payable $3,094.10
Explanation:
the journal entry used to record the employee's salary is:
February 28, wages expense:
Dr Wages expense 4,600
Cr Retirement plan contribution payable 460
Cr Federal income taxes withheld payable 644
Cr FICA (Social Security) taxes withheld payable 285.20
Cr FICA (Medicare) taxes withheld payable 66.70
Cr Health insurance payable 50
Cr Wages payable 3,094.10
The net pay = gross pay ($4,600) - retirement plan ($460) - federal income taxes ($644) - FICA ($351.90) - health insurance ($50) = $3,094.10
The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14
<h3>How to find the gain recognized?</h3>
First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land
= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500
= 109, 500 / 255, 500
= 42. 857 %
The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021
= 42. 857 % x $ 65, 000
= $27, 857 . 14
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