1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
V125BC [204]
2 years ago
13

What is the opportunity cost of saving money to purchase a car?

Business
2 answers:
gogolik [260]2 years ago
8 0

The answer is the money could be used to go on vacation

bixtya [17]2 years ago
5 0
I thinkbthe answer is a. it seems right
You might be interested in
On January​ 1, 2018, McHenry Manufacturing Corporation purchased a machine for $ 40 600 000. ​McHenry's management expects to us
hammer [34]

Answer:

The book value of the machine at the end of 2019  is $26632795

Explanation:

Unit of Production method:

In this method, the depreciation is calculated based on unit levels like machine hours, direct material,etc instead of useful life.

First we have to calculate annual depreciation based on machine hour. The formula is shown below:

= ( Purchase cost - Residual value ) ÷ machine hours

= ($ 40,600,000 - $50,000) ÷ 27000

= $1501.85

Then, compute the depreciation for 2018 and 2019

Depreciation for 2018 = Annual depreciation × 2018 machine hours

                                    = $1501.85 × 3,600 hours

                                    = $5406660

Depreciation for 2019 = Annual depreciation × 2019 machine hours

                                      = $1501.85 × 5,700 hours

                                      = $8560545

Now, finally the book value can be calculated for 2019 year.

= Purchase cost - depreciation 2018 - depreciation 2019

= $ 40,600,000 - $5406660  - $8560545

= $26632795

Thus,  the book value of the machine at the end of 2019  is $26632795

3 0
3 years ago
What’s the purpose of balancing or monitoring your checking account?
alina1380 [7]
To Make Sure There Are No Gaps In Your Payments And To Have A Idea In Mind Of Income And Spending So You Can Come Up With A Budget Plan

6 0
3 years ago
Read 2 more answers
The Federal Reserve can: A. simultaneously set any money supply and any nominal interest rate target. B. set the target money su
adell [148]

Answer:

The answer is C.

Explanation:

The Federal Reserve acts as the Central Bank. And the tool it uses to control the economy is monetary policy and its tools are:

1. Reserve requirements

2. Open market operation

3. Discount rate(interest rate)

The Federal reserve can control the money supply in the eco economy through any of these tools.

For example, if Federal reserve wants to increase the money supply, they can do the following:

a) reducing the interest rate it lends commercial banks money, commercial banks too reduces the interest it charges businesses or households. With lower interest, households and businesses are encouraged to borrow, thereby increasing the money supply and vice-versa.

b) lowering the reserve requirements. Reserve requirement is the minimum balance commercial banks must have with the federal reserves. This is guided by law. Lowering the reserve requirements enable commercial banks to have more money to lend to their customers and vice-versa.

In all, Federal reserve use any of these tools to control money supply that is consistent with their target nominal interest rate.

4 0
2 years ago
Interest can be regarded as the Group of answer choices
Studentka2010 [4]

Answer:

Option (b) is correct.

Explanation:

Interest refers to the amount of money that a lender can earn on giving the loans to the borrowers. Borrower is a person who is liable to pay the interest on the borrowing amount.

Normally, a person is borrowing money or funds from the lender for making investment in a certain types of capital goods.

Interest rate refers to the rate at which lender lends its loanable funds to the borrowers.

4 0
3 years ago
A short-term debt is the same thing as a<br> debt.<br> A. Current<br> B. Liquid<br> C. Tragic
Elina [12.6K]
I believe the answer is A.current
7 0
2 years ago
Read 2 more answers
Other questions:
  • The Color Box uses a combination of common stock, preferred stock, and debt financing. The company wants preferred stock to repr
    13·1 answer
  • Where do most banks get the text to explain their calculations of interest?
    7·1 answer
  • Security dealers: are limited to trading non-listed stocks. buy and sell from their own inventory. operate exclusively in auctio
    5·1 answer
  • Ezra is comparing two checking accounts. One has a monthly fee of $8 and a per-check fee of $0.20, and the other has a monthly f
    11·2 answers
  • Which slogan is an example of corporate advertising rather than brand advertising?
    5·1 answer
  • McCaffrey Corporation owned 15,000 shares of Harper Corporation’s $5 par value common stock. These shares were purchased in 2015
    6·1 answer
  • Joe and Fred are economists. Joe thinks that the wealthiest 10% of the US population should be taxed a rate higher than the rest
    7·1 answer
  • In some very small countries, ConveyerPape recognizes that the cost of navigating the legal system and establishing a distributi
    5·1 answer
  • On June 1, 2018, Stellar Company and Pearl Company merged to form Martinez Inc. A total of 733,000 shares were issued to complet
    10·1 answer
  • Below, you are given the total revenue and total cost associated with producing and selling different quantities of a good. You
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!