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
german
3 years ago
9

Lindsey’s college will cost her a total of $6,000 a year for the next 3 years. She is also foregoing making $26,000 a year at th

e local mall. What is her total investment in education if she doesn't work at all and finishes in 3 years?
Business
2 answers:
Shalnov [3]3 years ago
6 0

Answer:

$18,000

Explanation:

If Lindsey’s college will cost her a total of $6,000 a year, for the next three years the total cost will be 3×$6,000 which gives $18,000.

Note that she is only foregoing making $26,000 a year at the local mall therefore if she doesn't work at all, she won't make any money but will keep paying for her college fee.

Her total investment in education if she doesn't work at all and finishes in 3 years will remain the amount she paid for 3years in college which is $18000

Alex_Xolod [135]3 years ago
5 0

Answer: Lindsey's total investment in education is $18,000.

Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be  6000*3 = 18,000.

The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.


You might be interested in
What is a major advantage of globalization?
Alja [10]

Answer:

A. Businesses are able to sell products to customers around the world.

Explanation:

3 0
2 years ago
Once Domino's decided to offer salads, it partnered with "Ready pac foods" to offer each Domino’s Pizza location prepackaged sal
Nady [450]

Answer:

Organisational planning

Explanation:

Organisational planning is an effective way to organise and make plans. Domino's has decided to offer salad for that, they have partnered with 'Ready pac food' to deliver salad at different locations.  The decision to partner with 'ready pac foods' is a part of organisational planning. The organisational planning will help domino's to easily adopt the concept and it will help them to reduce the overall cost.

7 0
2 years ago
On January 1, Parson Freight Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannuall
Minchanka [31]

Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

Explanation:

This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.

The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

4 0
3 years ago
Handerson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direc
zavuch27 [327]

Answer:

Variable manufacturing overhead rate variance= $677.1 unfavorable

Explanation:

Giving the following information:

Standard:

Variable overhead 0.3 hours $ 7.80 per hour

Actual output 5,000 units

Actual direct labor-hours 1,110 hours

Actual variable overhead cost $ 9,340

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 9,340/1,110= $8.41

Variable manufacturing overhead rate variance= (7.8 - 8.41)*1,110

Variable manufacturing overhead rate variance= $677.1 unfavorable

4 0
3 years ago
Why should employees be wary of participating in the grapevine in a business
Zielflug [23.3K]

First, we need to understand what grapevine means in business communication. Therefore, grapevine communication is a form of informal communication within a business organization, in other words, information is never accurate with grapevine, and this will certainly pose a threat to any business, remember, effective communication is an integral part of any organization.

Below are some of the reasons why managers should be wary of grapevine communication


1) Communications through grapevines are often not trustworthy as it is an unofficial way of communication.

2) It might cause a hostile environment between lower level staff and the executives, for instance, a colleague tells you that the boss is not happy with your work, or that your boss said he doesn't like you, this might be false, and it might affect your attitude towards your boss.

3) It can lead to discouraging news, which can then affect productivity.  Imagine a story flying around the office, that management wants to retrench workers or wants to approve salary cut, now if this information is false, so many people within the lower level staff, will get discouraged, or get unnecessarily worried, this will certainly affect there work rate.


 Managers are often advised to be wary of grapevine within an organization, however, managers should note that grapevine cannot be eliminated from any organization, but it can be minimized if managers engage in effective communication with their employees.

5 0
3 years ago
Other questions:
  • Psychological research involves studying a sample of participants in order to draw conclusions about the population from which t
    6·1 answer
  • Suppose Rainforest sells 2 comma 000 books on account for $ 19 each​ (cost of these books is $ 22 comma 800​) on October ​10, 20
    10·1 answer
  • Kirsty is going to open a jewellery business. which of the following production methods should she use job , batch or flow produ
    10·1 answer
  • A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha
    12·1 answer
  • Due to Coronavirus, all of the stock markets and businesses and our overall economy is failing, but companies that are producing
    15·2 answers
  • Fixed costs included in this income statement are $2,000 for meal production and $400 for administrative costs. Maria has receiv
    9·1 answer
  • An entrepreneur opened a specialized business on her land. After using up most of her capital to purchase inventory, however, th
    7·1 answer
  • Consider consecutive processes A-B-C, where process A has a capacity of 25 units per hour, process B has a capacity of 30 units
    6·1 answer
  • Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets
    11·1 answer
  • What is the coordinating mechanism in a market system?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!