Answer:
See explanation Section
Explanation:
Culver Corporation
Balance Sheet (Current Asset only)
As at December 31, 2017
Particulars $ $
Cash $8,220
Accounts Receivable $97,530
Less: Allowance for
<u>Doubtful Accounts (4,520) </u> $93,010
Prepaid Insurance $6,040
Inventory $34,900
<u>Equity Investments $13,510</u>
Current Assets $155,680
Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.
The opportunity cost of one extra restaurant meal in the time frame is 3 home meals.
<h3>What is opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When the family chooses to go for the restaurant meal, they forgo the opportunity for a home meal.
Opportunity cost = 30 / 10 = 3
To learn more about opportunity cost, please check: brainly.com/question/26315727
The answer is False
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Answer:
bachelors degree
Explanation:
just answered this on my test and got correct.
<span>High Shore Inc. adopts a new technology purely out of social pressure. In this case, High Shore Inc. would be classified as part of the early group of adopters of new technology. Those that adopt a new technology early on, typically tend to be more profitable but also more critical. Though the adaptation came from social pressure, High Shore Inc. still has expectations that the technology needs to meet to maintain their companies growing needs. </span>
