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svetlana [45]
3 years ago
8

Understanding opportunity cost before you started applying for college, a job recruiter offered you a full-time cashier position

at a doctor’s office, earning an after-tax salary of $22,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $34,000. You decide to go to college probably because?
A. You value a year of college at $22,000
B. You value a year id college of $34,000
C. You value a year of college less than $34,000
D. You value a year of college at more than $56,000
Business
1 answer:
natta225 [31]3 years ago
3 0

Answer: You decide to go to college probably because<em><u>"You value a year of college at more than $56,000"</u></em>

<em><u>Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another. </u></em>

So, you will attend college if you perceive value of attending college more than  ($22,000 + $34,000)= $56,000

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Answer:Chain of command and unity of command help to ensure clear reporting relationships exist and eliminate the confusion caused by multiple, conflicting directives

7 0
2 years ago
Don and maria jefferies take $500 a month from savings. don and maria also receive social security, but maria receives 120 perce
bazaltina [42]

Don's monthly social security benefit is $772.73.

Let Don's monthly social security benefit be 'x'.

Don and Maria's monthly drawing from Savings =$500.

Maria's social security = 120% of Don's social security.

Total income = $2200.

So,

500+x+\frac{120}{100}x = 2200

500+x+1.2x = 2200

2.2x = 1700

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6 0
3 years ago
Read 2 more answers
Glassmaker has pre-merger $5 in debt and $10 in equity. Rate on debt is 11%. The risk free rate is 6%. The tax rate is 40% . The
Marysya12 [62]

Answer:

The answer is 11.44%

Explanation:

Solution

Given that:

Glass maker has a pre-merger of =$5 debt

Equity =$10

The rate on debt =11%

The risk free rate =6%

Tax rate =40%

The levered beta is =1.36

Equity risk premium is= 4%.

Now,

the next step is to find discount to use for Glass maker free cash flows and interest tax savings

Cost of equity (Ke) =  Risk free return + Beta ( Market return - Risk free return )

= 6% +1.36( 10%-6%)

=11.44%

Therefore, the rate to be used to discount free cash flows and interest tax savings is 11.44%

6 0
4 years ago
7.The matching principle requires that: A. revenues earned and expenses incurred in generating those revenues should be reported
dem82 [27]

Answer:

A. revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.

Explanation:

A matching principle is an accounting concept which is typically used on accrual basis accounts and it states that expenses incurred by an individual or business entity should be recognized and matched in the same period with respect to the revenues they are related to.

The matching principle indicates when costs are recognized as expenses on the income statement.

For instance, company XYZ purchases a property worth $90,000 in June, it was then sold in July for $250,000. Based on the matching principle, the $90,000 cost shouldn't be recognized by company XYZ as an expense until July, when the related revenue would be recognized also. Else, if recognized, its expenses would be overstated by $90,000 in June, and consequently understated to the tune of $250,000 in July.

Hence, matching principle requires that revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.

Additionally, the matching principle helps business owners to calculate their taxes and profits or losses properly.

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