1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VladimirAG [237]
3 years ago
6

If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15

weeks you are taking classes and you make $12 per hour, and your room and board is $4,000 this semester (same as if not attending college), then your opportunity cost of attending college this semester is
Business
1 answer:
Juli2301 [7.4K]3 years ago
4 0
Opportunity cost is computed as the difference between the present worth and the cost. present worth is the product of $12 and 10 hours * 15 weeks while the cost includes the tuition cost, books cost and the board cost. The cost has a total of <span>$2,000 + $400 + $4000 equal to $6400. The difference is equal to $4600</span>
You might be interested in
For each of the following​ accounts, identify whether that item is an​ asset, liability, or equity account. Account Classificati
Ulleksa [173]

Answer:

a. Bonds payable   Liability account

b. Equipment   Asset account

c. Accounts payable    Liability account

d. Salaries payable   Liability account

e. Common stock   Equity account

f. Retained earnings    Equity account

g. Cash   Asset account

h. Accounts receivable   Asset account

i. Sales revenue   Equity account

j. Inventory  Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0
3 years ago
PLEASE HELP
loris [4]
<span>C) Cash, debit $11,000; Katelyn's Capital, credit $11,000
</span>
6 0
3 years ago
Read 2 more answers
Beth is a retired teacher who lives in dallas and does some consulting work for extra cash. at a wage of $40 per hour, she is wi
Ipatiy [6.2K]
Price Elasticity of Supply. The price elasticity of supply is calculated as the percentage change in quantity divided by the percentage change in price.
 Using the Midpoint Method
 PES = ((Q2-Q1) / ((Q2 + Q1) / 2)) / ((P2-P1) / ((P2 + P1) / 2))
 PES = (((10) - (7)) / (((10) + (7)) / 2)) / (((50) - (40)) / (((50) + (40)) / 2))
 PES = 1.59
 the elasticity of beth's labor supply between the wages of $ 40 and $ 50 per hour is approximately 1.59
 In this case, to 1% rise in price causes an increase in quantity supplied of 1.59%
 answer:
 the elasticity of beth's labor supply between the wages of $ 40 and $ 50 per hour is approximately 1.59
 In this case, to 1% rise in price causes an increase in quantity supplied of 1.59%
4 0
3 years ago
How are resources allocated in a traditional economy?
mote1985 [20]
Traditional morals the system of production of material wealth
4 0
3 years ago
Read 2 more answers
Fleming Company has the following cumulative taxable temporary differences: 12/31/18 12/31/17 $1,600,000 $2,250,000 The tax rate
jeyben [28]

Answer:

Pretax financial income is $3,350,000.00

Explanation:

Fleming's pretax financial income is the taxable income for 2018 plus the increase in cumulative taxable temporary difference in 2018.

Taxable income is $4,000,000

Difference in cumulative  taxable difference=$1,600,000-$2,250,000

                                                                        =-$650,000

pretax  financial income=$4,000,000+(-$650,000)

                                                    =$4,000,000-$650,000

                                                    =$ 3,350,000.00  

The pretax financial income for year 2018 is  $3,350,000.00  

7 0
4 years ago
Other questions:
  • Johnny Appleseed and Company ships all of the apples from its orchards in the Pacific Northwest to a single buyer in Japan. The
    10·1 answer
  • When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as
    8·1 answer
  • You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cos
    6·1 answer
  • The World Bank is an example of a(n) ____, supported by industrialized nations, including the United States.
    7·2 answers
  • On April 1, Alliance Company purchased $50,000 of Tetter Company's 12% bonds at 100 plus accrued interest of $2,000. On June 30,
    14·2 answers
  • Schrute Farm Sales buys portable generators for and sells them for He pays a sales commission of​ 5% of sales revenue to his sal
    11·1 answer
  • You want to buy a new car, but you can make an initial payment of only $2,400 and can afford monthly payments of at most $500. a
    7·1 answer
  • If a country illegally subsidizes exports, other countries might:
    5·1 answer
  • Milden Company is a merchandiser that plans to sell 27,000 units during the next quarter at a selling price of $53 per unit. The
    7·1 answer
  • Tamarisk, Inc. gathered the following reconciling information in preparing its April bank reconciliation:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!