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3 years ago

What is an opportunty cost?

2 answers:

7 0

The loss of potential gain from other alternatives when one alternative is chosen: "idle cash balances represent an opportunity cost in terms of lost interest"

Virty [35]3 years ago

4 0

The definition of Opportunity cost is - The loss of potential gain from other alternatives when one is chosen.

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Major factors influencing economic growth

stepan [7]

Answer:

Some major factors:

Natural Resources

Physical Capital or Infrastructure

Population or Labor

Human Capital

Technology

Law

Poor Health & Low Levels of Education

Lack of Necessary Infrastructure

Explanation:

7 0

3 years ago

Read 2 more answers

Crane Company

Afina-wow [57]

Answer:

statement of cash flows using the indirect method

Cash flow from Operating Activities

Cash Receipts from Customers $145,200

Cash Paid to Supplies and Employees ($108,900)

Net Cash from Operating Activities $36,300

Cash flow from Investing Activities

Proceeds from Sale of Equipment $5,100

Net Cash from Investing Activities $5,100

Cash flow from Financing Activities

Dividends Paid ($12,000)

Net Cash from Financing Activities ($12,000)

Movement during the period $29,400

Cash and Cash Equivalents at Beginning of the Period 0

Cash and Cash Equivalents at the End of the Period $29,400

Explanation:

Cash Receipts from Customers Calculation :

Sales revenue $ 145,200

Assuming Cash Sales

Cash Paid to Supplies and Employees Calculation :

Cost of goods sold $105,000

Add Selling Expenses $10,800

Add Administrative expenses $3,600

Less Depreciation ($10,500)

Cash Paid to Supplies and Employees $108,900

6 0

4 years ago

True or False? Financial instruments can be grouped by time to maturity (money vs. capital) or type of obligation (stock, bond,

blondinia [14]

Answer:

True

Explanation:

Financial Instruments are agreements pertaining to the exchange of money between parties. The financial instruments could be in the form of cash or the right bound by contractual laws to receive or deliver items with monetary value. Shares, bonds, loans, and derivatives like futures and forwards are other examples of financial instruments. These financial derivates are securities whose prices are hinged on underlying assets like bonds, stocks, commodities, and currencies. Cash instruments, on the other hand, have their prices determined mainly by the market fluctuations.

Classification of financial instruments could be based on the asset or debt classes. The debt classification could also be broken down as being long or short term. So, the grouping by time to maturity (money vs. capital) or type of obligation (stock, bond, derivative) is a system of classifying financial instruments.

6 0

4 years ago

An increase in the price of a substitute good will cause the equilibrium price of its substitute to _______ and the equilibrium

irinina [24]

Answer:

(b). Increase ; Decrease

Explanation:

When the price of a substitute good rises, then it becomes more profitable for suppliers to shift to the other good. Therefore the supply of given good decreases, and the supply curve shifts leftward.

For example, if you're a textile manufacturer who produces cotton and silk clothes if the price of silk rises you'll reduce cotton production to divert resources towards silk. Therefore the demand for cotton clothes reduces.

Due to the leftward shift of the supply curve, the equilibrium price increases and equilibrium quantity decreases.

So we can conclude that an increase in the price of a substitute good will cause the equilibrium price of its substitute to increase and the equilibrium quantity to decrease.

Hence, the option (b) is the correct option.

6 0

3 years ago

Motonous Corporation has completed its fiscal year and reported the following information. The company had current assets of $15

Alisiya [41]

Answer:

The retained earning is $167918.

Explanation:

The current assets of the company = $153413

The net fixed assets = $412331

Other assets of the company = $7822

Current liabilities of the company = $65314

Long term debt = $178334

Common stock = $162000

Retained earnings = total assets - (total liabilities + common stock)

Retained earnings = 153413 + 412331 + 7822 - ( 65314+ 178334+162000)

Retained earnings = $167 ,918

4 0

4 years ago