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Gnoma [55]
3 years ago
10

Gwen's decision to buy a new television instead of a bicycle for the same price a. means that opportunity cost is zero since bot

h cost the same amount. b. would not have involved trade-off and opportunity cost if Gwen had decided to put the money in a bank CD instead. c. would not imply a trade-off because of scarcity if Gwen were a multimillionaire. d. means that the opportunity cost to Gwen is the bicycle that she has given up.
Business
1 answer:
Mandarinka [93]3 years ago
6 0

Answer:

A.

Explanation:

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Which sales channel is projected to top $450 billion within the next several years?
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According to one source from the internet, the cross-border sales is projected to top $450 within the next 5 years.  Cross-border trade is the process of buying and selling of products, selling goods and services between business domestically or in the neighborhood countries.
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Based on its 1Q 2014 press release, what is the maximum $ amount the Coca-Cola Company expects to spend in repurchasing its shar
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Answer: $3.0 billion.

Explanation:

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4 years ago
What activity is designed to generate a listing of potential clients?
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6 0
3 years ago
Over/Under: Alpha failed to record AJEs for $500 interest earned from a note receivable and $700 interest incurred from a note p
Simora [160]

Answer:

Alpha

The effects on assets, liabilities, and net income are as follows:

Assets are understated by $500

Liabilities are understated by $700

Net income is overstated by $200

Explanation:

a) Data and Calculations:

Interest earned from a note receivable = $500

Interest incurred from a note payable = $700

Failure to record these has the following effects:

Assets are understated by $500 (<  $500)

Liabilities are understated by $700 (<  $700)

Net income is overstated by $200

b) Adjusting Journal Entries (AJEs) ensure that the accounts are up-to-date in accordance with the accrual concept of financial accounting.  The accrual concept requires that transactions affecting a financial period must be reported in the affected period.  This implies that expenses incurred must be recognized in the period they are incurred and not when cash is paid.  Similarly, revenue earned must be recognized in the period they are earned and not when cash is received.

8 0
3 years ago
1. Python acquires 80% of the voting stock of Slither on January 1, 2020 for $4,000. The fair value of the noncontrolling intere
disa [49]

Answer:

C. $400

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