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Marina CMI [18]
2 years ago
11

1. In each of the following situations, identify which of the twelve principles is at work

Business
1 answer:
aleksklad [387]2 years ago
8 0

Answer:

a. The true cost of something in its cost of opportunity

Explanation:

Opportunity cost is the cost which is defined as the cost or expense of one item which is lost in order to get the opportunity to do or to consume something else. In simple words, it is the value or the cost of the next best available alternative.

So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.

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3 years ago
Raphael Corporation’s common stock is currently selling on a stock exchange at $85 per share, and its current balance sheet show
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Answer:

Total preference dividend = $7,500

Equity dividend = $11,500 - $7,500 = $4,000

Explanation:

Total of stockholder's equity = $280,000

Less: Retained Earnings = $150,000

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Preference Dividend if in arrears would have to be paid first in priority to Equity.

Total preference dividend in arrears = $50,000 \times 5% = $2,500 per year

For 2 years = $2,500 \times 2 = $5,000

In the current year also firstly preference will be paid, therefore current year preference dividend = $2,500

Total preference dividend = $7,500

Equity dividend = $11,500 - $7,500 = $4,000

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2 years ago
In restaurant supplies. On January 18, Hylavian mailed a letter to Quastrar accepting the offer. Quastrar received the acceptanc
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Answer:

A. was formed on January 18

Explanation:

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3 years ago
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Answer:

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Why business is considered as an important economic activity​
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Answer:

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