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Svetradugi [14.3K]
3 years ago
13

(a) what was the opportunity cost of non-gm food for many buyers before 2008?

Business
1 answer:
Rama09 [41]3 years ago
7 0

Answer:

Buyers opportunity cost for non genetically modified food was alternative food available before 2008

Explanation:

opportunity cost simply means cost of alternative forgone. Example if one purchases a car and utilizes for a taxi, his opportunity cost could be the value he would have received for his investment if he had bought a truck and used it for loading cement for building projects. We apply this to the question above and so the opportunity cost is alternative of non genetically modified food available that would have been bought before 2008

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A company uses cash to pay all of the following excepta. All of these choices are correct.b. interest to creditorsc. dividends t
never [62]

Answer:

d. depreciation expense

Explanation:

The expenses which are paid by cash reduced the cash balance displayed in the balance sheet . Like interest to creditors, stockholders dividend, wages expenses, miscellaneous expenses, admin expenses, etc. These expenses can be paid either by cash or by bank account .

But the depreciation expense is a non - cash expense which reduces the fixed asset balance over the fixed asset useful life. Plus this is shown in the income statement on the debit side. Like this other examples would be goodwill impairment, amortization expenses, etc.

3 0
3 years ago
Fax machines, voice mail, electronic mail, and electronic conferencing are all examples of
snow_tiger [21]
They are forms of Communication.
5 0
3 years ago
Last year's asset turnover ratio was 2.0. Sales have increased by 25% and total assets have increased by 10% since that time. Wh
Dmitriy789 [7]

Answer: d. 2.27

Explanation:

Asset Turnover = Total sales / Average Assets

Last years turnover ratio was 2.0 so assume Sales were $20 and Assets were $10 which would give the turnover of 2.0

The new turnover would be;

= (20 * 1.25)/(10 * 1.1)

= 25/11

= 2.27

6 0
3 years ago
Marketing News is a magazine from the American Marketing Association that covers all aspects of the marketing industry. It is ma
KatRina [158]

Answer:

Vertical publication

Explanation:

Vertical publication are those types of publications where the editorial content is majorly focused on one type of industry or business. They are similar to trade magazines. In this case, the publication is concerned and majorly focused on marketing industry, hence why we refer to it as a vertical publication. They are publications usually written to benefit a particular business, industry or profession.

3 0
3 years ago
Read 2 more answers
You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi
svetlana [45]

Answer:

The initial outlay of this project is $270,000

Explanation:

According to the given data we have the following:

cost of new machine= $200,000

shipping cost=$5,000

installation cost=$15,000

working capital=$50,000

Therefore, in order to calculate the initial outlay of this project we would have to make the following calculation:

initial outlay of this project=cost of new machine+shipping cost+installation cost+working capital

initial outlay of this project= $200,000+$5,000+$15,000+$50,000

initial outlay of this project= $270,000

7 0
3 years ago
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