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4 years ago

6

A car dealership union negotiates a contract that dramatically increases the salaries of all salesmen. If one of the salesmen is

thinking of changing careers to be a hardware salesman, his opportunity cost:

1 answer:

Misha Larkins [42]4 years ago

8 0

I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.

I hope it helped you!

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Which of the following accounts would not be included in the Acquisition and Payment for Long-Lived Assets Cycle? a. Revenue. b.

velikii [3]

Answer:

The correct answer is A

Explanation:

Acquisition and Payment Cycle, also called as the PPP cycle for which the payments, purchases and payables, is mainly comprise of the two classes of the transaction. This cycle is regarding the payables and to pay off the payables with cash.

Acquisition and payment of the long lived assets, which are those assets, the business retain for at least one year. The revenue will not be included in the cycle because it is related to the payables.

7 0

3 years ago

Underground Clothing is a zero growth firm that has expected earnings before interest and taxes of $56,700, an unlevered cost of

koban [17]

Answer:

$230,825

Explanation:

VU = [$56,700 × (1 - .35)] / .162

VU= $56,700×0.65/.162

VU=36,855/.162

VU = $227,500

VL = $227,500 + .35($9,500)

VL= $227,500+$3,325

VL= $230,825

7 0

3 years ago

A bank is considering two securities: a 30-year treasury bond yielding 7 percent and a 30-year municipal bond yielding 6 percent

Pani-rosa [81]

40 beacuse you divde by 3

3 0

3 years ago

You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend.

MrMuchimi

Answer:

- 41.67%

Explanation:

For computing the rate of return first we have to compute the initial investment which is shown below:

= Number of shares × per share × initial margin percentage

= 300 shares × $60 per share × 60%

= $10,800

Now Loss on sale of common stock is

= (Selling price - purchase price) × number of shares purchased

= ($45 - $60 ) × 300 shares

= - $4,500

So the rate of return will be:

= Loss ÷ Initial Investment

= - $4,500 ÷ $10,800

= - 41.67%

7 0

3 years ago

If a firm sells a prestige product, what kind of relationship between price and quantity demanded should it expect?.

solmaris [256]

For a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.

<h3>Why is the relationship between demand and price of prestige products direct?</h3>

The relationship between the demand and price of prestige products is direct because prestige products tend to sell better at high prices than at low prices.

And when the quantity demanded increases, the price tends to increase.

An example of a prestige product is an old car.

Thus, for a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.

Learn more about the demand for prestige products at brainly.com/question/6374886

3 0

2 years ago