The given statement about cost is a true statement as cost becomes most obvious when more money must be spent on one thing, leaving less available for another.
<h3>What is the cost?</h3>
A cost is often the value of the money that was expended during the production or delivery of something or service and is now unavailable for use.
Manufacturing, research, retail, and accountancy all make use of this idea. In business transactions, the cost may be an acquisition cost, in which case the amount of money spent to acquire it is considered to be part of the cost.
Finally, cost becomes most apparent when more money spent on one thing leaves less money for another. This corresponds to a true statement.
As a result, opportunity cost describes a decision we must make in order to make another one.
You have $50, for instance, which you may spend on a date with your partner or on your preferred game. The inability to purchase the game is your opportunity cost if you decide to utilize that money to take your partner out on a date.
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The formula used to determine free cash flow is cash from operations minus capital expenditures.
Answer:
A po
Explanation:
no explanation..............
About 750 billion,
$210 billion in unnecessary services and $190 billion in excess admin cost, $130 billion in inefficient delivery care $150 billion in inflated prices, and $75 billion in fraud and $55 billion in inflated prices.
Answer:
18.5%
Explanation:
The formula to compute the average rate of return is shown below:
= Annual net income ÷ average investment
where,
Annual net income equal to
= Expected total net income ÷ number of years
= $240,000 ÷ 4
= $60,000
And, the average investment would be
= (Initial investment + salvage value) ÷ 2
= ($650,000 + $0) ÷ 2
= $4650,000 ÷ 2
= $325,000
Now put these values to the above formula
So, the rate would equal to
= $60,000 ÷ $325,000
= 18.5%
