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zhenek [66]
3 years ago
7

John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third stu

dy for an economics exam, and fourth answer his e-mail. What is the opportunity cost of attending the concert for John?
a.Attending a movie
b.Studying for an economics exam
c.Answering his e-mail
d.Attending a movie, studying for an economics exam, and answering his e-mail
Business
1 answer:
sasho [114]3 years ago
6 0

Answer:

a.Attending a movie

Explanation:

The opportunity cost is the cost or value or the item foregone. That is way opportunity cost is also known as alternative foregone.

It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.

Therefore, for John, the opportunity cost is attending the movie, option a.

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Newly issued securities are sold to investors in which markets?
Bezzdna [24]

Answer:

Primary Market

Explanation:

A Share Is a unit of ownership

This is the market for first issue, the market for second issue, that is, reissuing shares that have been previously issued.

Primary markets are facilitated or controlled by underwriting groups consisting of investment banks that set a beginning price range for a given security and complete its sale to investors.

6 0
3 years ago
Read 2 more answers
A cable TV company redesigned jobs so that one employee interacts directly with customers, connects and disconnects their cable
allsm [11]

Answer:

a. increasing job enrichment by establishing client relationships

Explanation:

The job enrichment is the technique for motivation which is given by the business organization with the view that the employee performs his best by giving him additional responsibilities so that the organization can achieve its targets in an efficient and effective manner.  

The self -reinforcement is that technique for motivation in which the employee motivates himself so that he is able to work in the best manner.  

The job rotation is that technique for motivation in which the employee assigned the two or more tasks in different rotations

Job specialization means that the person who has the interest will take that department. Example - marketing, finance, human resource

The job feedback is given by the employee regarding the salary package, working environment, benefits, etc

Hence, in the given situation the most appropriate option is a.

4 0
3 years ago
On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i
AVprozaik [17]

Answer:

$550,000

Explanation:

Data provided in the question

Issued amount = $550,000

Time period = 10 years

Stated interest rate = 12%

Market interest rate = 12%

Based on above information, as we can see that the stated interest rate is equal to market interest rate i.e 12% which reflects that it issued at par i.e face value

So in this case, the amount received at issuance is equal to the issued amount i.e $550,000

3 0
3 years ago
The records of penny Co. Indicated that 415,000 of merchandise should be on hand December 31. The phyiscla inventory indicates t
Nata [24]

Answer:

See explanation section

Explanation:

As there is a difference between the physical count of the inventory and actual Inventory count, it indicates that the merchandise inventory is either sold or wasted. However, for continuing the operation smoothly, it is assumed as sold. Therefore, the journal entry to record the sale is -

December - 31       Cost of goods sold           Debit          45,000

                           ($415,000 - $370,000)

                                        Merchandise Inventory     Credit       45,000

                    (To record the sale of merchandise: adjusted)

5 0
3 years ago
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s pro
VLD [36.1K]

Answer:

raw materials    197900

accounts payable   197900

WIP   161830

factory overhead   5270

raw materials   167100

WIP   85500

factory overhead   7600

wages payables   93100

factory overhead   53000

accounts payable   53000

factory overhead   17150

acc. Dep-equipment   17150

dep expense*   14800

acc. Dep- Off Building   14800

WIP**   70965

factory overhead   70965

Finished Goods***   251747

WIP inventory   251747

Explanation:

* as the building is not related to the manufacturing process we cannot capitalized through inventory We will record as cost ofo the period therefore, depreciation expense

** the aplied overhead will be the amount of direct labor added during the period time 83%

85,500 x 83% = 85,500 * 0.83 = 70,965

*** we will have to add up the jobs cost to detemrinate how much of the work in process inventory becomes finished good

Job  Materials // Labor // Overhead

A20 $  37,740  $  19,200 + 19,200 x 0.83

A21  $ 44,320  $ 23,600 + 23,600 x 0.83

A23 $  41,770   $  27,100  + 27,100 x 0.83

Total 251,747

4 0
3 years ago
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