All categories

4 years ago

Why would having a lower opportunity cost for producing one item give you a comparative advantage over another?

1 answer:

3 0

Because if you chose the one with the higher opportunity cost you are wasting resources while you could be doing something more effective instead.

You might be interested in

In the product development process, what takes place between concept testing and market testing? securing financial backing cond

Finger [1]

The answer is product development. The formation of products with new or dissimilar features that agreement new or additional welfares to the customer. The product development may include alteration of an current product or its performance or formulation of an completely new product that gratifies a afresh distinct customer want or market place.

5 0

4 years ago

The difference between the observed points and the regression line points is equal to the?

earnstyle [38]

The difference between the observed points and the regression line points is equal to the correlation.

Correlation is a statistical measure of how linearly two variables are related (that is, do they change at a constant rate). This is a general tool for describing simple relationships without stating cause and effect.

Correlation and regression analysis are used in business to predict potential outcomes so that companies can make informed, data-driven decisions based on predictions of event outcomes. increase.

Correlation analysis in market research is a statistical technique that determines the strength of the relationship between two or more variables.

Learn more about correlation here:brainly.com/question/28091015

#SPJ4

5 0

2 years ago

A good system of internal controls requires that the physical custody of assets be separated from the accounting for those asset

snow_tiger [21]

The answer to the question above is letter B, False. Safeguarding assets and records is not the "concept" termed for the physical custody of assets be separated from the accounting for those assets but it is the objective of the internal controls itself that with separation of records keeping from the custody over asset is intended to reduce fraud issues.

3 0

4 years ago

Mullineaux Corporation has a target capital structure of 46 percent common stock, 5 percent preferred stock, and the balance in

Gre4nikov [31]

Answer:

WACC = 9.18%

Explanation:

given data

common stock = 46 percent

preferred stock = 5 percent

cost of equity = 15.8 percent

cost of preferred stock = 8.3 percent

pre-tax cost of debt = 6.8 percent

tax rate = 23 percent

solution

first we get here after tax cost of debt that is express as

after tax cost of debt = pretax cost of debt × (1 - relevant tax rate) ...........1

put here value and we get

after tax cost of debt = 6.8% × (1 - 0.23)

after tax cost of debt = 0.05236

after tax cost of debt = 5.24 %

and

now for WACC

WACC = respective weight × respective cost

WACC = ( common stock × cost of equity ) + ( preferred stock × pre tax) + (weight of debt × After tax cost of debt) .....................2

we take here weight of debt is 30 percent

so put here value

WACC = 46% × 15.8% + 5% × 6.8% + 30% × 5.24 %

WACC = 0.0918

WACC = 9.18%

3 0

3 years ago

At year-end, Yates Company estimates that $1,500 of its accounts receivable balance is uncollectible. Yates uses the allowance m

zimovet [89]

Answer:

debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts

Explanation:

The journal entry needed to record the adjusting entry by using the allowance method is given below:

Bad debt expense

To Allowance for doubtful debts

(Being bad debt expense is recorded)

Here the bad debt expense is debited as it increased the expense and credit the allowance as it decreased the assets

5 0

3 years ago