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
aniked [119]
2 years ago
12

9. Gallagher is planning on

Business
1 answer:
Simora [160]2 years ago
6 0

Answer:

$40000 is the opportunity cost to attend college.

Explanation:

The opportunity cost is something that a person loses in order to acquire the other thing. In the given case total tuition fees of 4 years are $40000. Moreover, Gallagher has two options. First, he can forgive the idea to go to college and save $40000. Secondly, he can go to college and lose $40000. Let us assume Gallagher attends the college. If he attends college then he has to lose $40000. Thus, this $40000 is the opportunity cost to attend college.

You might be interested in
On January 2, 2020, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished an
kkurt [141]

Answer:

$120,820

Explanation:

The calculation of interest capitalized for 2020 is shown below:-

Date                  Expenditure      Weight       Average

02-Jan-20        $607,000           12 ÷ 12        $607,000

01-Sep-20         $1,803,600        4 ÷ 12          $601,200

31-Dec-20          $1,803,600        0 ÷ 12         $-

Accumulated

Expenditures      $4,214,200                          $1,208,200

Interest Capitalized for 2020 = Total Average × Percentage of construction loan

= $1,208,200 × 10%

= $120,820

So, for computing the  interest capitalized for 2020 we simply multiply the total average with percentage of construction loan.

8 0
3 years ago
Choose a real or made up example of a company, and describe at least three fixed costs the company has.
bonufazy [111]
(any company) Payroll for employed workers, Property costs, and taxes.
6 0
3 years ago
Under a partnership agreement, sarah is to receive 25% of the partnership's income, but not less than $12,000. the partnership's
Rudiy27
Given: -
 Sarah's income = 25% of the partnership income but not less than $12,000.
 Net income of partnership for the year = $32,000.  
To find: -
 1) Amount that can be deducted by partnership as guaranteed payment.
 2) Income that Sarah is to report on her tax return. 
 Solution: -
 Partnership income = $32,000
 Sarah's share = 25% of 32000 = $8,000
 But Sarah must receive $12,000 (Shortfall $12,000-$8,000=$4,000)
 So, 1) $4,000 can be deducted by partnership as guaranteed payment.
 2) Income that Sarah needs to report on her tax return = $12,000.
6 0
3 years ago
A product manager is eager to develop a new product idea. To gain approval to do so, the product manager orders the research tea
vladimir1956 [14]

Answer:

The answer is b. Advocacy research

Explanation:

Advocacy research is carried out with the intention of providing evidence and arguments that can be used to support a particular cause or position.

8 0
3 years ago
Mike and David signed a loan agreement together to borrow money for a boat. If David leaves town and cannot be found, what happe
iren [92.7K]
<span>I this case, the loan is still valid and at that point Mike would be responsible for finding a way to pay the loan back as agreed upon in the contract. This is called co-signing, when two parties both sign for a loan together. Both parties are responsible for the loan and even though David cannot be found, the loan must still be paid and Mike would be held responsible for this.</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • A flower shop makes a large sale for $1,500 on June 30. The customer is sent a statement on July 5 and a check is received on Ju
    12·1 answer
  • Anette used 136.12 inches of lace equally on 12 dresses. How much lace did she use on each dress?
    11·1 answer
  • For which purpose do producers use surveys and focus group?
    12·2 answers
  • Heather has been assessing a number of her firm's products using the Boston Consulting Group approach to portfolio analysis. She
    11·1 answer
  • Discuss why it is important for human resource management systems to be in sync with an organization’s strategy and goals and wi
    11·1 answer
  • On February 28, 2009, $5,000,000 of 6%, 10-year bonds payable, dated December 31, 2008, are issued. Interest on the bonds is pay
    10·1 answer
  • If 7% is deducted from Matthew's annual pay of $1,771 to pay for state taxes, then how
    8·1 answer
  • Which number is equivalent to(2.3×107)×(1.1×103)?
    11·1 answer
  • A company issued 8%, 15-year bonds with a par value of $550,000 that pay interest semi-annually. The current market rate is 8%.
    8·1 answer
  • The researcher takes a random sample of 250 corporate employees and finds the mean number of hours worked by employees was 47. i
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!