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Umnica [9.8K]
3 years ago
15

Define and compute opportunity cost

Business
1 answer:
alexira [117]3 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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During January, Luxury Cruise Lines incurs employee salaries of $1.2 million. Withholdings in January are $91,800 for the employ
Zarrin [17]

Answer: Please see below for answer

Explanation:

Journal for employee salary and withholdings

Particulars                           Debit                  Credit

Salaries Expense               $1, 200,000

FICA tax Payable                                              $91,800

Federal Income Tax Withholding Payable      $180,000

State Income Tax Withholding Payable           $75,000

Health Insurance Payable                                  $12,000

Salaries Payable                                               $841,200

Journal to record employer provided fringe benefits for January

Particulars                                  Debit                                  Credit

Salaries expense(fringe benefits)$ 36,000

Accounts payable to blue cross shield                           $36,000

Journal to record employer payroll taxes

Particulars                           Debit                     Credit

Payroll Tax Expense              $166, 200

FICA tax Payable                                                       $91,800

unemployment tax payable                                        $74,400

6 0
3 years ago
Total transaction costs, based on the assumptions provided, are expected to be:
Jobisdone [24]

Based on the costs of acquisition of Walmart by Amazon, the total transaction costs would come to B. $22,002.

<h3 /><h3>What are the total transaction costs?</h3>

Equity financing cost:

= 5.5% x 241,350.75

= $13,274.29

Debt financing cost:

= 1.5% x 241,350.75

= $3,260.26

Other transaction costs:

= $3,000

Target debt redemption premium:

= 70,242 x 3%

= $2,107.26

The total transaction costs are:

= 13,274.29 + 3,260.26 + 3,000 + 2,107.26

= $22,002

Find out more on acquisition costs at brainly.com/question/14300655

#SPJ1

8 0
2 years ago
Sales revenue
Ne4ueva [31]

Answer:

may be recorded before cash is collected.

Explanation:

Sales revenue "may be recorded before cash is collected."

This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.

In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.

4 0
3 years ago
Employees who work in teams that allow for rapid decision making and a better view of the end product are likely working in what
netineya [11]

Answer:

Horizontal Management

Explanation:

Horizontal management is an organization structure in which there are very few managers, in this type of management authority is given to the employees. This makes the employees to have a sense of empowerment because they can make vital decisions without the approval of a manager.

In horizontal management, decision making happens rapidly with little or no bureaucracy. These companies tend to have a limited amount of projects on which they work, which benefits from the unstructured, open environment since the entire team communicates and share essential information on where the project is and where it is heading to.

8 0
3 years ago
Read 2 more answers
Rose Company had no short-term investments prior to this year. It had the following transactions this year involving short-term
nataly862011 [7]

Explanation:

April 16: Dr Short-term investment (6000*24) 144000

                                                                  Cr Cash 144000

(To record purchase of shares of Gem co)

July-7: Dr Short-term investment (3000*55) 165000

                                                            Cr Cash 165000

(To record purchase of shares of pepsico)

July-20. Dr Short-term investment (1500*15) 22500

                                                              Cr Cash 22500

               (To record purchase of shares of Xerox)

Aug-15. Dr Cash (6000*.95) 5700

                       Cr Dividend income 5700

                  (To record cash dividend of Gemco)

Aug-28. Dr Cash (3000*30.75 ) 92250

                       Cr Short-term investment (3000*24) 72000

                       Cr Gain on sale of investment(3000 * 6.75 N#1) 20250  

           (To record sale of shares of Gemco ).

Oct-1. Dr Cash (1.60 *3000) 4800

Cr Dividend income 4800

       (To record cash dividend of pesico)

Dec-15. Dr Cash ( 6000*1.60) 9600

                     Cr Dividend income 9600

        (To record cash dividend or remaining shares of gemco)

Dec-31. Dr  Cash (3000*1.00)   3000

                Cr   Dividend income          3000

         (To record cash dividend )

[N#1: 24-30.75= 6.75 *3000 = 20250]

6 0
3 years ago
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