Answer:
The correct answer to the following question is $30 .
Explanation:
Opportunity cost can be described as the benefits that a person ( who can be an investor or individual or even a company ) is missing out on , if he or she chooses one alternative over the other. This cost is not shown in financial statements but it is important for a owner or manager to understand what potential opportunity he or she is missing out on if chooses one over the other.
In the given question Abby chooses to work for Lewis who are giving her $40 to watch their toddler, so here the next best alternative that she is missing on is $30 that Gilbert's would have given her.
Answer:
profit increase by 750 dollars
Explanation:
We must base our analisys considering only the loan board associated cost:
<em><u>contribution per long board:</u></em>
300 sales price - 225 variable cost = $75
total contribution for 250 units:
250x$75 = 18,750
<em><u>increase in fixed cost:</u></em>
69,000 - 51,000 = 18,000
incremental operating profit:
18,750 contribution - 18,000 fixed cost = 750
Strategy is a plan of action to achieve a particular set of objectives. Strategy looks at the external environment and the internal (organizational) environment in order to create strategic advantage. Strategic advantage occurs when the organization analyzes the environment better and reacts quicker than its competitors.
Answer:
b.requires that economic data be reported in yen in Japan or dollars in the United States
Explanation:
According to the monetary unit assumption, the transaction of the business are recorded in terms of monetary units
That means only that transactions are recorded which are in terms of money
. If the transactions are not in terms of money than the same is not under the monetary unit assumption
As in the given options, the japan currency is yen and the currency of the united states is dollars that reflect the monetary unit
<span>If 28 percent of parents state GPS and another 28 percent of parents state DVD player as most important, that would mean 56 percent of parents deem one or the other as the most important piece of equipment for a roadtrip. 56 percent of 1000 equals 560 out of 1000 parents chose a GPS or DVD player.</span>
