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4 years ago

Define and compute opportunity cost

Business

1 answer:

alexira [117]4 years ago

8 0

Answer:

opopportunity cost is the value of the next best alternative or option. this value may not be measure on money

value can also be satisfaction. one formula to calculate opportunity cost could be the ratio of what you are sacrificing to what you are going

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A custom toy company is creating a letter in Word to send to clients and toy shops about their products. The company would like

anygoal [31]

The correct answer is A. Table Object > Excel Spreadsheet

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3 years ago

The Retained Earnings balance was $23,100 on January 1. Net income for the year was $18,400. If Retained Earnings had a credit b

Tomtit [17]

Answer:

$17,300

Explanation:

The retained earnings represents the amount paid to the shareholders out of the net income. The net income/loss balance over the period of existence of the company gives the retained earnings balance.

As such, a net income increases the retained earnings, a net loss reduces it. Dividend declared and paid decreases the retained earnings account balance.

For retained earnings,

Opening balance + Net income - Dividend declared = Closing balance

$23,100 + $18,400 - Dividend declared = $24,200

Dividend declared = $23,100 + $18,400 - $24,200

= $17,300

7 0

3 years ago

An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the total time for all tasks is 18 minute

Leya [2.2K]

Answer

a)Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

b)=187.5 units per day and 25 units per day

c) 8 workstation

d)2.6min/cycle

Explanation:

Given:

output rate = 125 units per day

Operating time= 450 minutes per day

What are the minimum and maximum cycle times?

Minimum Cycle time = duration of the longest task

Therefore,Minimum cycle time = 2.4 minutes

Maximum cycle time = addition of the task

Maximum Cycle Time = 18 minutes

Therefore, Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

B)B)What range of daily output is theoretically possible for the line?

Range of daily output = Operating time / minimum Cycle time

At 2.4 minutes Cycletime

= 450/2.4

=187.5 units per day

At Cycle time 18 Minutes

= 450/18

Cycle time 18 minutes = 25 units per day

C)What is the minimum number of workstations needed if the maximum output rate is to be sought?

number of workstation=(D× summation of all task)/Operating time

number of workstation=(187.5*18)/450

= 7.5= 8 workstation

D)What cycle time will provide an output rate of 125 units per day?

cycle time= Operating time/output rate

=450/125

= 2.6min/cycle

3 0

3 years ago

Which of the following is being described when a security professional develops and publishes a password policy specifically tai

Dahasolnce [82]

Answer: 3. Implementing security control diversity

Explanation:

Risks of organizations varies. The control method used in combating various risks is relative to the business and the types of risks it is exposed to.

So this implementation of this security is relative to the company.

4 0

3 years ago

Nolan owns 100% of the capital stock of both Twill Corp. and Webb Corp. Twill purchases merchandise inventory from Webb at 140%

Archy [21]

Answer: <em><u> $56,000 is unadjusted revenue overstated in the combined income statement for year 2.</u></em>

Explanation:

Consolidated Cost of Goods Sold = $40,000,

However, Twill realizes $56,000 ($40,000 × 140%) for a total of $96,000 as the cost of goods sold.

Thus, $56,000[$96,000 – $40,000] should be eliminated from Cost of Goods Sold in the combined income statement for year 2.

7 0

3 years ago