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3 years ago

For each of the following, describe the opportunity cost when you decide to do each activity.

Business

1 answer:

Lina20 [59]3 years ago

5 0

Answer:

The opportunity cost of going to the beach is lost time to study for the exam

The opportunity cost of going to college is the lost earnings from getting a paying job after high school

The opportunity cost of eating breakfast is arriving late to school

The opportunity cost of going to the movies is not completing your portion of the group project

The opportunity cost of going to a party at a friend's house on a school night is the inability to wake up early the next morning

Explanation:

An opportunity cost is the lost benefit attached to choosing one option over another. The scenarios given require the consequences which occur as a result of not choosing one option of the two alternatives presented. In each of the given cases, the foregone benefit varies depending on the option selected.

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Brief Exercise 4-08 In 2020, Kingbird Corporation reported net income of $1,171,600. It declared and paid preferred stock divide

Verizon [17]

Answer:

$4.33 per share

Explanation:

Given that,

Net income = $1,171,600

Preferred stock dividends paid = $265,400

weighted average of common shares outstanding = 209,100

Therefore,

Earnings per share:

= (Net income - Preferred stock dividends paid) ÷ weighted average of common shares o/s

= ($1,171,600 - $265,400) ÷ 209,100

= $906,200 ÷ 209,100

= $4.33 per share

Hence, the Kingbird 2020 earnings per share is $4.33.

3 0

3 years ago

On January 1, 2018, Dean Corporation signed a ten-year noncancelable lease for certain machinery. The terms of the lease called

ipn [44]

Answer:

With respect to this capitalized lease, Dean should record for 2018?

Anual deprecitaion $89.467,73

Interest $107.361

Explanation:

Present value 1342016

Usufull Life 15

Anual deprecitaion 89467,73333

Valor del consumo (o del prestamo) $ 1.342.016

Cuotas mensuales de plazo concedidas: 10

Tasa de interés mensual: 8,0%

Valor cuota mensual $ 200.000

Period Payment Capital Interest Loan

1.342.016

1 200.000 92.639 107.361 1.249.377

2 200.000 100.050 99.950 1.149.328

3 200.000 108.054 91.946 1.041.274

4 200.000 116.698 83.302 924.576

5 200.000 126.034 73.966 798.542

6 200.000 136.117 63.883 662.425

7 200.000 147.006 52.994 515.419

8 200.000 158.766 41.234 356.653

9 200.000 171.468 28.532 185.185

10 200.000 185.185 14.815 0

7 0

3 years ago

The entity that collects economic data at a regional level is the:___________

Scorpion4ik [409]

Answer:

the World Bank

Explanation:

The World Bank is an international financial institution that monitors the financial activities of most countries. Regional economic data collection is done by means of a World Bank initiative called the International Comparison Program.

An example of this economic data collected is the gross domestic product (GDP) of the regions.

6 0

3 years ago

Rusties Company recently implemented an activity-based costing system. At the beginning of the year, management made the followi

Delicious77 [7]

Answer:

a. Labor Cost Rate= 13 $ per DLH

b. Purchase orders Rate= $ 3 per order

c. Product testing Rate = $ 15 per test

d. Template etching Rate = $ 23 per template

e. General factory Rate= $ 6 per MHs

Explanation:

Data

Activity Activity Expected Overhead Expected

Cost Pool Measure Cost Activity

Labor-related Direct labor-hours $16,380 1,260 DLHs

Purchase orders Number of orders $1,920 640 orders

Product testing Number of tests $4,275 285 tests

Template etching Number of templates $805 35 templates

General factory Machine-hours $42,600 7,100 MHs

The activity rate can be obtained by dividing the total cost of each activity with the total cost of the driver allocated to it.

Calculations

Activity Rate = Expected Overhead Cost/ Expected Activity

a. Labor Cost Rate= $16,380 / 1,260 DLHs= 13 $ per DLH

b. Purchase orders Rate= $1,920/ 640 orders= $ 3 per order

c. Product testing Rate = $4,275 /285 tests= $ 15 per test

d. Template etching Rate = $805 /35 templates= $ 23 per template

e. General factory Rate= $42,600/ 7,100 MHs= $ 6 per MHs

3 0

3 years ago

Is an increase in the marginal income tax rate reflected by a shift in the after-tax supply of labor or a movement along the sup

vaieri [72.5K]

Answer:

A shift in the supply curve of labour.

Explanation:

An increase in marginal income tax rate cause the income tax burden on a consumer to rise as the consumers income goes up.

What this means is that as his income gets to rise, he would have to pay more in taxes. Due to a rising change in what he pays as tax, what he would receive as income after tax would be lower at the same number of labor hours. On the labor supply curve this would depict a downward shift.

In conclusion, an increase in marginal tax would be shown by a shift in the after tax supply of labor which would fall backwards or downwards

6 0

3 years ago