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3 years ago

In this scenario, Frankie must consider whether making one choice will force him to give up another.

2 answers:

5 0

Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.

Gnom [1K]3 years ago

4 0

B. OPPORTUNITY COST !!!!!!!!!!!!!

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Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made without

Maurinko [17]

Answer:

Dr Cash $59,840

Dr Loss on Sale of Receivables $8,160

Dr Recievable from Factor $5,800

Cr Recourse liability $5,800

Cr Accounts Receivable $68,000

Explanation:

Preparation of the journal entry to record the transfer on the books of Mountain High assuming that the sale criteria are met.

Dr Cash $59,840

[(68,000 x .90) - (68,000 x .02)]

Dr Loss on Sale of Receivables $8,160

[(5,800 + 68,000) - ($59,840 + 5,800)]

Dr Recievable from Factor $5,800

Cr Recourse liability $5,800

($59,840+$8,160+5800-68,000)

Cr Accounts Receivable $68,000

(To record the transfer on the books of Mountain High)

Dr Loss on Sale of Rec = (5,800 + 68,000) - ($59,840 + 5,800) = $8,160

73,800-65650

7 0

2 years ago

The process of increasing an information stream's redundancy to overcome noise is called

Ghella [55]

I believe the process is called equivocation
equivocation refers to the usage of meaningless/ambigous language in order to conceal a certain truth.
The meaningless language/redundancy in this particular case served as an action to stray the audience away from the core content of the information.

5 0

3 years ago

Candace has just landed her first job and has the long-term goal to one day buy a house. She needs help investing some of her mo

Elza [17]

Answer:

two qualities candace should look for...

Explanation:

understanding- she should look for someone who is understanding of her money and her time, with out that the financial advisor could be very careless

communication- they should be able to communicate with her about her money if there is ever a problem, and when she has the right amount to get her goal.

6 0

3 years ago

p. 82) Which of the following is NOT a limitation of SWOT (Strengths, Weaknesses, Opportunity, Threats) analysis? A. Organizatio

PilotLPTM [1.2K]

Answer:

The correct answer is letter "B": SWOT's focus on the external environment is too broad and integrative.

Explanation:

The SWOT analysis is a study of the internal and external factors that influence companies' operations and from which the entity can take advantage of or steps to control risks. The internal factors are the Strengths and Weaknesses while the external components are the Opportunities and Threats of the firm.

The SWOT's focus on the external environment is broad and integrative but such characteristic represents an advantage not a limitation of this strategic study.

3 0

3 years ago

Jabiru Corporation purchased a 20% interest in Fish Company common stock on January 1, 2013 for $300,000. This investment was ac

Vesna [10]

Answer:

$280,950

Explanation:

As for the information given:

Closing balance of investment on 31 December 2015 = $440,000

Now the following adjustments need to be made to calculate the balance as on 1 August 2016

Add: Share of income from Jan to Jul 2016 = $4,000 $\times$ 7 months $\times$ 20% = $5,600

Less: Dividend Received = $20,000 $\times$ 20% = $4,000

Less: Amortization of patent = $6,000/12 $\times$ 7 = $3,500

= $440,000 - $1,900 = $438,100

Since Jabiru sold half of its investment, thus, value of its half of the investment shall be:

$438,100/2 = $219,050

Sale value = $500,000

Thus, gain amount = $500,000 - $219,050 = $280,950

5 0

3 years ago