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zalisa [80]
3 years ago
9

What is the opportunity cost?

Business
2 answers:
Lisa [10]3 years ago
7 0

Answer:

the loss of other alternatives when one alternative is chosen.

Explanation:

Elanso [62]3 years ago
6 0

Answer:

<em>the loss of potential gain from other alternatives when one alternative is chosen.</em>

Explanation:

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A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of
Neko [114]

Answer: 20.86%

Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :

365/ (45-10) * 0.02 = 365/35*2%

= 0.20857 *100= 20.86%

This is calculated using 365 days in a year.

5 0
3 years ago
Suppose the government imposes a $10 per month tax on cell phone service. If the demand curve for cell phone service is perfectl
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6 0
3 years ago
Jesse and Tim form a partnership by combining the assets of their separate businesses. Jesse contributes accounts receivable wit
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3 years ago
Able, Baker, and Charlie co-own property. Charlie dies, leaving behind a will that transfers his one-third interest in the prope
VMariaS [17]

Answer:

Joint ownership

Explanation:

In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.

This case scenario is a joint ownership

3 0
3 years ago
Universal Travel Inc. borrowed $501,000 on November 1, 2021, and signed a 12-month note bearing interest at 7%. Interest is paya
Anon25 [30]

Answer:

Interest = $5,834.67

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3 0
3 years ago
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