Answer
The Input when building a new mall would be;
• Labor
• Materials needed for building the mall
Explanation
An input is what is put in when operating a process. When planning to build a mall, the input is labor and materials, the conversion is the building process and the output is the mall itself. The process will involve identifying a strategic location, checking if the market is ready and knowing customer segment.
Answer:
May 1
DR Cash $252
CR Service Revenue $252
<em>(To record payment for services rendered)</em>
Working
Cash = Net Service revenue
Net Service revenue = $280 * ( 1 - 10%)
= 280 * 90%
= $252
Answer: Opportunity cost
Explanation:
From the question, we are informed that Joe sold gold coins for $1000 that he bought a year ago for $1000 and he said that at least he didn't lose any money on my financial investment.
We are further told that his economist friend points out that in effect he did lose money, because he could have received a 3 percent return on the $1000 if he had bought a bank certificate of deposit instead of the coins.
This is a concept of opportunity cost. Opportunity cost is what one forgoes when one makes a different choice. The opportunity cost in this case is the bank certificate of deposit.
<span>C. A brainstorming session on new titles for a future publication series.</span>
The answer is D. An increased interest rate. The bank will increase the interest rates on loans to get a return on their expences.
