Nancy aspires to be a bussiness development manager what job requires does nancy need to fulfill

Suppose that a university decides to spend $1 million to upgrade personal computers and scientific equipment for faculty rather

Vladimir [108]

Answer:

Opportunity cost 

Explanation:

Suppose that a university decides to spend $ 1 milion to upgrade personal computers and scientific equipment for faculty rather than spend $ million to expand parking for students . This example illustrates opportunity costs.

Opportunity cost refers to the cost shifting one opportunity to another opportunity or availing one opportunity in terms of another.

Formula of Opportunity cost is :

Opportunity cost = Total Revenue - Economic Profit

Or

Opportunity cost = What one sacrifice / What one gain

In Opportunity cost we chose one thing or option over the cost of another thing or option. Opportunity cost places a important role in economic theory .

As it tell us that people can choose only one thing not the both things at the sane time.

3 0

3 years ago

Assessments of the currency of diversity plan

FinnZ [79.3K]

An equality and diversity policy is basically a written agreement for your organization on how you will avoid discrimination and provide a safe and inclusive environment for your members and service users.

<h3>What is meant by currency of a plan?</h3>

The currency in which the Policy is denominated, as described in the Policy Schedule, is referred to as the Policy Currency.

The assessment of the currency of diversity plan or policy therefore, is the process of ensuring that a diversity policy or plan is up to date.

Learn more about diversity plans:
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4 0

1 year ago

Don sends an e-mail to Eve, promising her a percentage of the amount in a foreign bank account if she will assist in transferrin

aleksandrvk [35]

Answer:

b) cyber fraud

Explanation:

Based on the information provided within the question it seems that this is an example of cyber fraud. This refers to a fraud or deception that is done over the internet with the goal of tricking victims in a variety of different ways in order to steal their money, property or even inheritance. Which is the case in this scenario as Don tricked Eve into providing her U.S. bank account, which he used to gain access and steal all her funds.

4 0

3 years ago

. Tiger Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origi

N76 [4]

Answer: $1,200,000

Explanation:

The firm should include $1,200,000 as the cost of the Manufacturing facility for a new project in it's analysis.

This is because $1,200,000 is the opportunity cost of not selling the facility. The old costs that were incurred for the land and the facility are to be considered sunk costs as they have already been incurred and the only relevant cost now is what the market will pay for the facility which is $1,200,000.

4 0

3 years ago

Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for Product

Leokris [45]

Answer:

FIFO Ending Inventory $ 64900

Explanation:

Oriole Company

Date Particulars Units Unit Cost Total Cost

January 1, (beginning inventory) 2,000 $15 30,000

January 5, Purchases: 2,500 $17 42500

January 25, Purchases: 2,200 $18 39600

February 16, Purchases: 1,100 $19 20900

March 15, Purchases: 2,200 $20 44000

Total 10,000 $ 177000

A physical inventory on March 31, 2020, shows 3,300 units on hand.

FIFO means first in first out. It is a method of calculating inventory items. In it the first items purchased are sold out first. Following this rulethe ending inventory FIFO can be calculated by moving backwards from March 15 purchases as follows.

FIFO Ending Inventory $ 64900

March 15 Purchases 2,200 units at $20=$ 44000

February 16,Purchases units 1,100 at $19 =$20900

6 0

3 years ago