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3 years ago

An opportunity cost: Multiple Choice Is an unavoidable cost because it remains the same regardless of the alternativ

Business

1 answer:

Diano4ka-milaya [45]3 years ago

8 0

Answer:

Is the potential benefit lost by choosing a specific alternativecourse of action among two or more.

Explanation:

This question is incomplete. The complete question can be found here: https://www.chegg.com/homework-help/questions-and-answers/opportunity-cost--unavoidable-cost-remains-regardless-alternative-chosen-b-requires-curren-q10956439

Here is the complete question:

An opportunity cost:

Is an unavoidable cost because it remains the same regardless ofthe alternative chosen.

Requires a current outlay of cash.

Results from past managerial decisions.

Is the potential benefit lost by choosing a specific alternativecourse of action among two or more.

Is irrelevant in decision making because it occurred in the past.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

An example of opportunity cost :

Martha has three options : Start her company, remain employed or go on vacation. If she leaves her job to start her company she would earn $5,000,000 per year. She earns $1 million where she works. She values vacation at $2 million.

If she decides to stay employed, her opportunity cost is $5 million. The amount she would have made if she started her company.

If she decides to start her company, her opportunity cost is $2 million. The amount she values vacation

Opportunity cost doesn't remain the same regardless of the option taken.

If martha wants to maximise profit , she would start her business because if yields the highest payoffs. Opportunity cost is relevant to making decisions.

I hope my answer helps you

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Assume you are the internal controls expert for your company. Your boss has read about Madoff’s Ponzi scheme described in a page

kiruha [24]

Answer:

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3 years ago

Bawl purchased ABC bonds on 1/1/21. Data regarding these available-for-sale securities follow: Cost MV December 31, 2021 $100,00

GrogVix [38]

Answer:

Bawl with ABC bonds

The unrealized Gain/Loss reported in OCI of the 2023 Comprehensive Income statement is:

A Loss of $5,000

Explanation:

a) Data and Calculations:

Cost MV Unrealized Profit or (Loss)

December 31, 2021 $100,000 $ 91,000 $9,000 (Loss)

December 31, 2022 100,000 111,000 20,000

December 31, 2023 100,000 106,000 5,000 (Loss)

Available-for-sale Investment

Debit Credit

Dec 31 100,000

Loss 9,000

Dec 31 91,000

Profit 20,000

Dec 31 111,000

Loss 5,000

Dec 31 106,000

The Available-for-sale Investment will show a loss of $5,000 in the Other Comprehensive Income of the 2023 Comprehensive Income Statement based on the yearly adjustments to the account with losses and profits.

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2 years ago

Neal Enterprises common stock is currently priced at $36.80 a share. The company is expected to pay $1.20 per share next month a

yanalaym [24]

Answer:

The cost of equity for Neal Enterprises is 5%

Explanation:

In order to calculate the cost of equity for Neal Enterprises we would have to make the following calculation:

cost of equity=((Do(1+g)/Po)+g

According to givn data we have the following:

Do=$1.20

Po=$36.80

g=2%

cost of equity=((1.20(1+0.02)/36.80-1.20)+0.02

cost of equity=((1.20(1+0.02)/35.60)+0.02

cost of equity=0.05

The cost of equity for Neal Enterprises is 5%

5 0

3 years ago

If Joe were to introduce himself as Dr. Early to sell to Gensol, knowing that people would assume that he was a medical doctor,

valentina_108 [34]

Answer:

Explanation:

Yes if he is giving his opinions on Gensol just to increase the sales and he is not a medical doctor, and people will assume that he is, then he will enter in fraudulent activity. Obviously this is not a criminal offense but its not ethical.

Just to increase sales he must not introduce himself as doctor of anything, considering the fact that people will consider him medical doctor and rely on his opinion. Its purely unethical and immoral.

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3 years ago

Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. The beginning

harkovskaia [24]

Answer:

$87,000

Explanation:

Calculation of the conversion cost for November.

Conversion cost can be defined as the combination of both direct labor costs and manufacturing overhead costs that are vital to help convert raw materials into product.

Using this formula

Total Conversion cost = Direct labor cost + Manufacturing overhead cost

Hence,

Direct labor cost $25,000

Add Manufacturing overhead cost $62,000

Total Conversion cost $87,000

Therefore the conversion cost for November is $87,000

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3 years ago