Answer: $100
Explanation:
Opportunity cost is the benefit that we forgo when another option is chosen thereby leaving out something else. Based on the information given, Ed's opportunity cost of going to the ball will be calculated as the addition of the income that's lost when he takes some time off from his work and the expenses that he incurs on the base ball game. This will be:
= ( 4 × $15) + $25 + $15
= $60 + $40
= $100
The opportunity cost is $100.
Answer:
The purposes of the Act and King 111 are, inter alia, to promote compliance with the Bill of Rights as provided for in the Constitution in the application of company law, to encourage transparency and high standards of corporate governance and provide for the balancing of rights and obligations of shareholders
Answer:
40%
Explanation:
the percentage change in price using the midpoint method = {(P₂ - P₁) / [(P₂ + P₁)/2]} x 100
= {($6- $4) / [($6 + $4)/2]} x 100 = [$2 / ($10 / 2)] x 100 = ($2 / $5) x 100 = 0.4 x 100 = 40%
The advantage of using the midpoint method for calculating percentage changes is that it doesn't matter if the change is positive or negative, e.g. it will yield the same result if the price increases or decreases in the same amounts.
When a bank account is reconciled, then it means that the bank transactions are checked and compared to the bank statement to be sure that the inflows and outflows tallies and are accurate.
Basically, the steps to reconciling an account are as follows:
- Make comparisons of the deposit in the account
- If you find any discrepancy, make adjustments on the bank statement
- Make an adjustment of the cash account
- Make a comparison of the balance.
Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.
Read more about bank statements here:
brainly.com/question/15525383
