1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kupik [55]
3 years ago
13

Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 pe

r year. if alternative investments are available that yield a 9% return, the opportunity cost of the purchase of the land is
a. $36,000
b. $9,000
c. $27,000
d. $72,000
Business
1 answer:
Lynna [10]3 years ago
5 0

Answer: b. $9,000

There are 2 alternatives for Jarret company. If it will choose the first, the land will give it a profit of $36,000 per year. If it chooses the second, the profit will be 9% of $300,000 or $27,000.

Opportunity cost is ($36,000-$27,000) or $9,000 which is the loss of potential gain from option 1 when one alternative is chosen.


You might be interested in
Liabilty to pay only under certain conditions is
AleksandrR [38]
Liability insurance or legal liability
7 0
3 years ago
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Sholpan [36]

Answer:

(A) Total assets,

(C) Cash from operations and

(D) Total liabilities

Explanation:

A company collecting $10,000 cash from a customer as a deposit for goods that will be shipped next quarter is an example of an unearned revenue. It is receiving money from the customer in advance for the good or service yet to be provided.

And this is considered as a liability and recorded in the balance sheet as such because the company now owes the customer.

When the good or service is now provided, it increases the total assets.

8 0
3 years ago
Read 2 more answers
He loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)
ladessa [460]

Answer:

what did he sayyyyyyyyyy

3 0
3 years ago
Read 2 more answers
Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment ag
PtichkaEL [24]
<span>Direct interview requests include of all of the following techniques EXCEPT: a. Requesting an interview through an employment agency. Direct interview requests includes:
</span>>Requesting an <span>interview during a personal visit to the company.
></span>Requesting an interview during a personal visit to the company.
><span>Requesting an interview through a telephone call.</span>
6 0
3 years ago
Read 2 more answers
e received $120,000 for damages to his professional reputation, $100,000 for damages to his personal reputation, and $50,000 in
Gre4nikov [31]

Answer:

D. $270,000

Explanation:

5 0
3 years ago
Other questions:
  • What is a major corporation that includes a number of smaller companies in unrelated industries?
    9·1 answer
  • How much would Vincent have in his account after three years if he started with $100 and earns 5% compounding annually?
    14·1 answer
  • When an individual or organization acquires enough stock ownership and/or the ability to vote on behalf of other shareholders to
    10·1 answer
  • Causes of child labor
    6·2 answers
  • g Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Depa
    13·1 answer
  • A​ ladies' suit selling for ​$140 is marked down 25​% for a special promotion. It is later marked down 5​% of the sale price. Si
    7·1 answer
  • Abby dies, and her good friend, clay is appointed to administer abby's estate. abby's house was in poor condition, so clay orall
    15·1 answer
  • People are more likely to purchase a consumer ratings magazine that reviews new automobiles before buying a new car than they ar
    8·1 answer
  • Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisi
    14·2 answers
  • Why it is important to prepare a bank reconciliation statement at the end of each month​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!