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3 years ago

When computing the opportunity cost of attending a basketball game you should include

Business

1 answer:

cestrela7 [59]3 years ago

3 0

Answer: The price you pay for the ticket and the value of your time.

Explanation: Opportunity cost is the cost of the next best alternative that is foregone. It can be calculated as the cost of the alternative chosen plus the cost of the alternative which is not chosen. So, when going for a basket ball game, the opportunity cost will include the price of the basketball game ticket as well as the value of your time. Since you could have utilized this time in doing something else more productive. So, even you time has an opportunity cost.

Thus, the correct option is price you pay for the ticket and the value of your time.

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A publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and would increase the cash flow

kompoz [17]

Answer:

The present value of the cash flows from the investment is $1015.85.

Explanation:

The present value of the cash flows can be calculated using the discounted cash flows approach also known as the DCF approach. Under this approach, the cash flows are discounted to the present day value using a certain discount rate.

The formula to calculate the present value of the cash flows is,

Present value = CF1 / (1+i) + CF2 / (1+i)^2 + ... + CFn / (1+i)^n

Where,

CF are the cash flows
i is the interest rate which is also the discount rate

Present value = 500 / (1+0.12) + 800 / (1+0.12)^3

Present value = $1015.85277 rounded off to $1015.85

6 0

4 years ago

An airline company must plan its fleet capacity and its long-term schedule of aircraft usage. For one flight segment, the aver

Svetllana [295]

Answer:

119 customers per day

Explanation:

The computation of the needed capacity requirement is shown below:

But before that first we have to determine the utilization rate which is

As we know that

Cushion rate = 100% - average utilization rate

25% = 100% - average utilization rate

So, the average utilization rate is 75%

Now the needed capacity requirement is

Utilization rate = Average output rate ÷ Maximum capacity × 100

75% = 89 ÷ Maximum capacity × 100

So, the maximum capacity is 119 customers per day

3 0

3 years ago

On January 1, 2020, Bonita Corporation purchased 20% of the common stock outstanding of Sandhill Corporation for $265000. During

trapecia [35]

Answer:

The balance of the Stock Investments—Sandhill account on the books of Bonita Corporation at December 31, 2020 is <u>$272,800 (= $265,000 - $8,600 + $16,400)</u>

Explanation:

the journal entries to record the transactions are:

January 1, 2020, Bonita Corporation purchases 20% of Sandhill Corporation

Dr Investment in Sandhill Corporation 265,000

Cr Cash 265,000

xx, 2020, Sandhill Corporation distributed $43,000 in cash dividends

Dr Cash 8,600

Cr Investment in Sandhill Corporation 8,600

yy, 2020, Sandhill Corporation reported net income $82,000

Dr Investment in Sandhill Corporation 16,400

Cr Revenue on investment in Sandhill Corporation 16,400

3 0

4 years ago

Situation 1: There is a Head of Human Resource (HR) in a recognized Multinational National Company (MNC). You are a marketing ex

Phantasy [73]

Answer:

As a marketing executive of the company looking to beg an emergency leave from a HR person who is considered to be rudy, unfamiliar with me, 45+ age and also that the company is experiencing a lot of turnovers, the best way to approach the HR would be to:

1. Write an official letter to him making the intentions clear.

2. Politely ask him to consider your request even though you two are not very familiar with each other.

3. Stress the importance of the emergency and why you have to leave.

4 0

3 years ago

You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and

Rufina [12.5K]

Answer:

Hand saw is cheaper.

Explanation:

Given:

Material cost = $500

Electric saw cost rent per hour = $20

Building hour from electric saw = 6 hour

Building hour from hand saw = 15 hour

Time off pay from job = $8/hour

Computation of total cost from Electric saw :

Total cost from Electric saw = Material cost + Renting cost of electric saw + Time of from job

Total cost from Electric saw = $500 + (6 × $20) + (6 × $8)

Total cost from Electric saw = $500 + $120 + $48

Total cost from Electric saw = $668

Computation of total cost from hand saw :

Total cost from hand saw = Material cost + Time of from job

Total cost from hand saw = $500 + (15 × $8)

Total cost from hand saw = $500 + $120

Total cost from hand saw = $620

Hand saw is cheaper.

5 0

3 years ago