The opportunity cost of the third bicycle is 20 tents.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
The opportunity cost of the third bicycle is 20 tents.
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Answer:
a. $72,000
b. $0.36
c. $6,480
Explanation:
a. Depreciation cost = Cost of truck - Residual value
= $80,000 - $8,000
= $72,000
b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production
= ($80,000 - $8,000) ÷ 200,000 miles
= $72,000 ÷ 200,000 miles
= $0.36
c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate
= 18,000 × $0.36
= $6,480
Answer:
The correct answer is decrease; increase.
Explanation:
The "Buy American" law was passed in 1933 and established that the US federal government. UU. You must prioritize the purchase of products manufactured in the country. Under certain circumstances, however, the "Buy American" law may not apply when:
- material of American origin has an excessive cost;
- material of American origin is not available in sufficient quantity or volume;
- material of American origin is not in the public interest.
The "Buy American" law may also not apply if the president of the United States or a delegated authority said it on the grounds of reciprocal agreements with other countries defined in the Law on Trade Agreements, the North American Free Trade Agreement (NAFTA) and the World Trade Organization.
There are certain advantages that the organization can understand from co-locating <span>purchasing personnel with internal customers</span>. The primary huge advantage is low expenses of task. In addition, the organization will give enhanced administrations to the organization since the organization will distribute to each customer a faculty in charge of giving them the administrations they require. This additionally has an arrangement of getting a great administration by the clients since they get customized treatments. The most noteworthy advantage related with this is the organization will improve its reputation and draw in various customers.
Often, controllers oversee the accounting, audit, and budget departments. Treasurers and finance officers direct their organization's budgets to meet its financial goals. They oversee the investment of funds. They carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm's expansion.
i hope this helps you out!!!!
