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DanielleElmas [232]
4 years ago
5

Take a stab at this question (you’ll need to do some multiplication). Every day, 500,000 drivers in Los Angeles incur an additio

nal 30 minutes of traffic delays when commuting by car to their jobs. In Boston, the delays amount to 45 minutes for 200,000 drivers. If the price of time is $15/hour in Los Angeles and $25/hour in Boston, which city incurs the largest opportunity cost?
Business
1 answer:
kirill [66]4 years ago
7 0

Answer / Explanation

Numbers of drivers in Los Angeles that incur an additional 30 minutes of traffic delays = 500000

Neither of the cities

Hence,

L.A. = O.50 hrs. x 500,000 drivers at $15/hr implies a cost of $3,750,000 )  Boston = 0.75 hrs. x 200,000 drivers at $25/hr implies $3,750,000

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When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes ________.
miskamm [114]

Answer:

The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

Explanation:

As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.

Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.

So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.

Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

4 0
3 years ago
Shoeleather cost refers to:
deff fn [24]

Answer: Option a

             

Explanation: In simple words, the value of effort and time (or economic cost of effort and time) which individuals spend by keeping less money to offset the inflation tax they pay on cash holdings whenever higher inflation occurs is called shoe leather cost.

Increased cost of shoe-leather is one of the inflationary impacts. In a time of high inflation, individuals are discouraged from keeping large sums of money because their worth is rapidly deteriorating compared to the economy's increasing prices.

3 0
3 years ago
Assume you deposit $5,000 at the end of each year into an account paying 9.5 percent interest. a. How much money will you have i
alekssr [168]

Answer: $242,567.27

Explanation:

The $5,000 is an annuity as it is being paid every year and is a constant amount.

The value in 19 years is the future value of this annuity:

Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate

= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%

= $242,567.27

8 0
3 years ago
as the ot consultant on a corporation’s ergonomics team, you notice an increased incidence of work-related musculoskeletal disor
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As the ot consultant on a corporation’s ergonomics team, you notice an increased incidence of work-related musculoskeletal disorders in workers in the payroll department. To increase awareness of the problem and generate possible solutions Provide the client with an exercise program for improving gaze stabilization.

Experts work with patron corporations to resolve precise commercial enterprise challenges. Consulting projects are frequently carried out in groups and might be cognizant of an expansion of regions, including method and era implementations. some specialists are independent professionals, however many paintings are for consultancies like McKinsey.

Pursuing a career in consulting may be difficult. however, for MBA graduates with the proper skillset, consulting provides an amazing and beneficial professional course and a variety of globally renowned companies to paint for.

Experts acquire an agreed-upon price for work on an undertaking completed through a specific date. They generally determine mission prices with the aid of estimating the number of hours it'll take to complete the task, extended by using their hourly price.

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3 0
2 years ago
The Uniform Securities Act is designed to protect the general public and not restrict investment activities of institutional or
SSSSS [86.1K]

Answer: C. chief executive officers of companies listed on the NYSE.

Explanation:

The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.

It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.

8 0
3 years ago
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