Answer:
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Explanation:
- The per instrument cost of the bank is $0.25. Assuming uniform cheque value, the 24 million remittances across 10000 cheque will mean per cheque value of 2400. If this amount can be invested at 8% p.a., then daily investment income will be approx = 2400 * 8% /365 = $ 0.526
- Now for the company to jus about cover the cost of the cheque processing, the time should reduce by (assuming fractional time in days is possible) 0.25/0.526 = 0.48 days
- Now if the interest that can be earned reduces to 4%, the average daily interest will also reduce to $0.263. At this level, the time required to cover the cost should reduce by 0.95 days
The difference is simply because the opportunity cost in terms of alternate usage of funds has decreased for the company.
The <u>law of increasing relative cost </u>states that the opportunity cost of producing a good always rises as one produces more of it.
According to the law of increasing costs, production eventually loses efficiency as it grows. The labor expenses for each additional item will increase, for instance, if increased production requires overtime work from your workforce.
Opportunity cost is the value of other commodities or services you must forgo in order to get your desired item. The term "cost" as used by economists often refers to opportunity cost. Cost is frequently mentioned in conversations or on the news.
According to the law of increasing opportunity cost, the cost of manufacturing the next unit rises as you keep up with the production of a given good.
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This is an example of passive communication. You are not directly confronting your boss about the email, but you are indirectly bringing it up. This could be seen as a way to avoid conflict, or it could be seen as a way to gauge your boss's reaction to the email.
Assuming that your boss saw your email and chose not to respond is an example of an assumption. This could be due to a variety of reasons, such as your boss being busy or not wanting to discuss the matter over email. If you see your boss in the hallway, you can mention the email and ask if she would like to discuss it in person. This will give you a better idea of why she chose not to respond and whether or not she is open to talking about the matter.
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Answer:
The income statement determines very important information for a business investment proposal such as EBITDA : Earnings Before Interest and Taxes plus Depreciation and Amortization.
This indicator is critical to know how much profit is drive just by the operation of the business. You can compare this indicator with accounts such as long term and short term loans in order to determine how much debt is healthy for the business to ask for investors or a bank.
Explanation:
