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3 years ago

Why do you have to include the opportunity cost of your time when you calculate your profits in your own business

1 answer:

6 0

Because opportunity cost is the value of something else you might have done with that time or money that you expended there.
hope this helps!

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Andrew, a project manager in a multinational company, accepts a very challenging project from his client as he feels that the em

shepuryov [24]

Answer:

Theory Y

Explanation:

In theory Y, managers have a positive and optimistic view of their employees. They assume employees are happy to work and that workers are motivated by attaining objectives. In theory Y, employees can work towards organizational goals through self- direction and self-control.

Theory Y assumptions allow employees to participate in solving organization problems. The managers consider employees are creative, imaginative and innovative people. In theory Y, managers adopt a consultative style of management.

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3 years ago

Each of the three categories of investments in debt and equity securities has similar accounting for all of the following transa

Arlecino [84]

Answer:

d. recognition of realized gains or losses on sales

Explanation:

In the case of trading securities, the non-realized gain and losses should be recorded in the income statement. So at the time when securties are sold so here the realized gain are distinct as compared to the afs and htm securties

So as per the given situation, the option d is correct

And, the same should be considered

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3 years ago

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market a

Anton [14]

Answer:

c. there will be a shortage of the good.

Explanation:

The market for apples is in equilibrium at a price of $0.50 per pound. If the government imposes a price ceiling in the market at a price of $0.40 per pound: c. there will be a shortage of the good.

The correct answer is - c. there will be a shortage of the good.

Reason -

At the equilibrium price, the demand = supply

If the price is increased by the equilibrium price then, there are more customers(i.e. quantity demanded is increase ) and there is shortage of goods (i.e quantity supplied will decrease)

So, the correct option is - c. there will be a shortage of the good.

3 0

3 years ago

By 1990, ____________ began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing t

anastassius [24]

The correct answer is: " Émigré Fonts " .
_________________________________________________________
"By 1990, Émigré Fonts  began receiving significant numbers of idiosyncratic and novel fonts from outside designers. recognizing the originality of many of these submissions, partners Zuzana Licko and Rudy Vanderlans began to license and distribute the designs."
________________________________________________________

3 0

3 years ago

Hamilton company uses a periodic inventory system, at the end of the annuanl accounting period, December 31,2015, the accounting

n200080 [17]

Answer:

FIFO : Ending Inventory = $6,000, Cost of Goods Sold = $36,000

LIFO : Ending Inventory = $36,000, Cost of Goods Sold = $28,000

Weighted Average Cost Method : Ending Inventory = $10,500, Cost of Goods Sold = $31,500

Explanation:

FIFO

Assumes that the first goods received by business will be the first ones to be delivered to the final customer.

Ending Inventory

Ending Inventory = Units left × Earliest Price

= 3000 units × $2

= $6,000

Cost of goods sold

Cost of goods sold : 2000 units × $5 = $10,000

6000 units × $4 = $24,000

1000 units × $2 = $2,000

Total = $36,000

LIFO

Assumes that the last goods purchased are the first ones to be issued to the final customer.

Ending Inventory

Ending Inventory 2000 units × $5 = $10,000

6000 units × $4 = $24,000

1000 units × $2 = $2,000

Total = $36,000

Cost of goods sold

Cost of goods sold : 4000 units × $2 = $8,000

5000 units × $4 = $20,000

Total = $28,000

Weighted Average Cost Method

The average cost of goods held is recalculated each time a new delivery of goods is received Issues are then priced out at this weighted average cost.

First Calculate the Average Cost

Average Cost = Total Cost / Total Units

= (2000 × $5 + 6000 × $4 + 4000 × $2) / 12,000

= $42,000 / 12,000

= $3.50

Ending Inventory

Ending Inventory = Units left × Average Price

= 3000 units × $3.50

= $10,500

Cost of goods sold

Ending Inventory = Units Sold × Average Price

= 9,000 units × $3.50

= $31,500

3 0

3 years ago