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
Debora [2.8K]
3 years ago
13

Do all choices have costs?

Business
1 answer:
expeople1 [14]3 years ago
5 0
For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
You might be interested in
True or false: When you receive a savings bond worth $100, you can cash it for $100 right away.
Ivenika [448]
True because you save your bond it's 100 right so recive 100
8 0
3 years ago
Read 2 more answers
If the employees of San Simeon Company successfully borrowed a large sum of money and purchased the firm from its current owners
schepotkina [342]

We would call this event a <u>leveraged buyout (LBO)</u>.

<u>Explanation:</u>

A leveraged buyout is the attempt of buying a company primarily through borrowing. This purchasing involves combination of both equity and debt. The funds borrowed are used to buy out the stockholders in the company. The employees, managers, or investors now become the owners of the firm. The firm is taken private, when the managers buy all of the stock of the firm and take it off the open market.

In the above scenario, the employees of San Simeon company purchases the firm from their current owners by borrowing large sum of money.

7 0
3 years ago
On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $20.0 million cash to expand operations. The l
Marina CMI [18]

Answer:

                                Debit                  Credit

Loan Receivable      $20,000,000

Cash                                                    $20,000,000  

Interest Receivable     $666,666

Interest Income                                     $666,666        

             

Explanation:

Interest is calculated by multiplying 0.08 by 20 million and then dividing it by 2 because the loan is a 6 month loan. As Aug- Dec is 5 months we will record revenue of 5/6 of the interest.

7 0
3 years ago
In what different ways did global commerce transform human societies and the lives of individuals during the early modern era?
loris [4]

Explanation:

The beginning of the modern era was marked by the fortification and expansion of European monarchies throughout the world. It was from the fifteenth century with the great navigations that occurred the integration between various parts of the globe, having as main historical landmarks the discovery of the Americas and the trade route between Africa and Asia, which generated slavery of many individuals, as well as new and greater trade relations, increasing capital accumulation and the marketed economy worldwide, as well as the discovery and creation of new technologies.

4 0
3 years ago
Lee Ray bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of 7%.
kolezko [41]

Answer: a. $14.9

b. $3725

Explanation:

a. What is the offer price?

This will be calculated as:

= NAV / (1 - load charge %)

= 13.85 / (1 - 7%)

= 13.85 / (1 - 0.07)

= 13.85 / (0.93)

= $14.9

B. What did Lee pay for his investment?

This will be:

= Number of shares bought × Offer price

= 250 × $14.9

= $3725

3 0
3 years ago
Other questions:
  • Which type of innovation occurs when the new product is released to the public?
    12·2 answers
  • For which of the following options can you sign a contract with a one-day duration
    6·2 answers
  • The dominant business ethic in corporate communications is _____, which is "a principle that allows those affected by administra
    10·1 answer
  • Growth of specialization in the kinds of jobs people hold __________. has slowed dramatically since the 1970s, along with the de
    15·1 answer
  • What do you call a fish with no eye?
    11·2 answers
  • Greg died on July 1, 2019, and left Lea, his wife, a $45,000 life insurance policy which she elects to receive at $9,000 per yea
    10·1 answer
  • List three things you can do to improve job satisfaction
    8·2 answers
  • Exercise 4-09 Presented below is information related to Ivan Calderon Corp. for the year 2020. Net sales $1,300,000 Write-off of
    10·1 answer
  • A consumer must decide between purchasing a new cell phone or renting a new car. Why might determining the opportunity cost be u
    6·1 answer
  • In the ______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!