Can help in a emergency = using saving account money
establishing good credit = using credit cards
does not require planning = making impulse purchases
can result in crushing interest expenses = obtaining a loan for a major purchase
Hopefully this helped!
Answer: The answer is as follows:
Explanation:
Opportunity cost refers to the benefit of a commodity that is forgone to produce one extra unit of some other commodity.
It is also refers to the value of next best alternative that is given up by choosing some other alternative.
Here, if Dexter accepts the laser printer as payment then the opportunity cost of this exchange is the value of next best alternative and that is television.
Answer:
The correct answer is American Accounting Association (AAA).
Explanation:
The American Accounting Association (AAA) promotes excellence around the world in education, research and accounting practice. Founded in 1916 as the American Association of University Accounting Instructors, its current name was adopted in 1936. The Association is a voluntary organization of people interested in education and research in the field of accounting.
Answer:
C) No, because the project's rate of return is 16.45 percent
Explanation:
Year 0: CF = -132.,000
Year 1: CF = 97,000
Year 2: CF = 42,000
Year 3: CF = 28,000
using an excel spreadsheet we can calculate the project's IRR = 16.45%
the company established as a rule that it will only accept projects whose IRR is higher than 17%, but since this project's IRR is lower (16.45%), then it should be rejected.
