Answer: $80
Explanation:
The opportunity cost is regarded as the real cost of the alternative that was left or forgone.
Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.
Therefore, the correct option is E.
Answer: A way to earn money.
Explanation: There are many other ways to earn, like selling drugs, or robbing a elderly woman who tries to hit you with her cheap shoulder bag. There are many ways.
Answer:
return on assets = 20%
Explanation:
given data
net income = $900
beginning total assets = $4600
ending total assets = $4400
solution
we get here return on assets that is express as
return on assets = 
× 100 ............1
here average assets will be
average assets = 
average assets = $4500
put here value we get
return on assets = 
× 100
return on assets = 20%
Answer:
$372,000
Explanation:
The computation of the amount to be reported in the balance sheet is shown below:
= Number of shares of common stock × fair value of the Papa stock on that date per share
= 6,200 shares × $60
= $372,000
Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.
Therefore, the investment should be reported at the fair value
Answer:
A. moral hazard
Explanation:
Based on the information provided within the question it can be said that this scenario is perfectly exemplifying the term known as a moral hazard. This refers to when an individual takes more risks because someone else is bearing the costs. Such as in this scenario, Christopher is an employee and should be working on company tasks but instead works on his own projects because the company cannot check up on him, which is morally wrong and he can get fired for it.
