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mel-nik [20]
3 years ago
7

Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example

of ______?
A- opportunity cost
B- inflation
C- oversupply
D- unlimited human wants
Business
1 answer:
Naya [18.7K]3 years ago
8 0
Mike Tyson earned $200 million during the time of his boxing career. However, in 2003 he started having financial trouble. In his case, this is an example of unlimited human wants. Mike Tyson would buy things that he really didn't need and homes he would never even live in. He even owned numerous exotic animals, such as bengal tigers. The correct answer is D.
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Which of the following management styles is generally best used in a crisis situation?
dybincka [34]
What are the options??
4 0
3 years ago
The following is a trial balance of Barnhart Company as December 31, Year 1: Account Title: Debit Credit Cash 12,500 Accounts Re
Tanzania [10]

Answer:

The total amount of assets is 15,750.

Explanation:

Reproducing the trial balance below for clarity:

Account Title                  Debit           Credit

Cash                                12,500

Accounts Receivable     3,250

Accounts Payable                               2,800

Common Stock                                   6,600

Retained Earnings                              4,500

Service Revenue                                7,450

Operating Expenses       5,100

Dividends                         500

Total                                21,350         21,350

Calculation of Total Assets:

Total assets = Cash + Accounts Receivable

                    = 12,500 + 3,250

                    = 15,750

Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.

7 0
3 years ago
A common tool project teams use to show resource assignments is a responsibility matrix. typically, this chart will depict:
geniusboy [140]
A common tool project teams use to show resource assignments is a responsibility matrix. Typically, this chart will depict what role each person on the team will have during each activity. 

Managers set up a log to show each persons role for project completion. This allows for more streamline work and eliminates the questions regarding what each person should or shouldn't be doing. 
3 0
3 years ago
Read 2 more answers
Cnooc, a Chinese public-sector company, has made a bid to purchase Canada’s Nexen, a big oil company, for C$ 15.1 billion in Jun
Phoenix [80]

Answer:

351,830,000 Yuan

Explanation:

Investment value = C$ 15.1 billion

Value in Yuan in June 2012 =   C$ 15.1 billion x  6.3698 Yuan/C$

Value in Yuan in September 2012 =   C$ 15.1 billion x  6.3465 Yuan/C$

The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:

D= 15,100,000,000*(6.3698 - 6.3465)\\D= 351,830,000 \ Yuan

Cnocc saves 351,830,000 Yuan

3 0
3 years ago
Does the fact that your bank keeps only a fraction of your account balance in reserve worry you? Why don't people rush to the ba
m_a_m_a [10]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. Is an opinion what contains the image. Judge it like it is.

4 0
3 years ago
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