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NeTakaya
3 years ago
7

Jack has a ticket to see Bo Bice for which he paid $30 yesterday. He takes an unpaid day off from work to get ready for the conc

ert. When he arrives at the concert, five different people offer him $70 for his ticket. Jack decides to keep his ticket. The cost to Jack of seeing Bo Bice is: A). $30. B). $40. C). $70. D). $70 plus his forgone earnings. E). $350.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
3 0

Answer:

$70

Explanation:

The cost to jack of seeing BO Bice is $70. The cost of ticket, and forgone earning should not be considered because these are the sunk cost. And we do not count sunk cost because we can't recover them. The only cost that should be considered is opportunity cost. opportunity cost is $70.

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Marcy has an 85% average in the class going into the final exam that is worth 30% of the grade. If Marcy makes a 100% on the fin
vitfil [10]

Answer:

89.5%

Explanation:

If Marcy final exams is worth 30% of the grade, then (100 - 30)% must be for others such as quizzes, assignments, and CA

Her final score therefore = ((85/100) × 70%) + 30% since she made 100% in her final exams = 59.5 % + 30% = 89.5%

6 0
3 years ago
Which of the following provides the same protection as safety glasses?
ziro4ka [17]

None of the above (neither bifocals,neither regular glasses, neither sunglasses) provides the same protection as safety glasses.

Safety glasses are special type of functional protective eyewear that usually enclose or protect the area surrounding the eye. They part of the Personal Protective Equipment (PPE), used to protect the worker to from injuries.

3 0
3 years ago
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What is the present value of a perpetuity of $20,000 per month, if the first cash flow will be received exactly nine months from
Fudgin [204]

Answer:

$1,828,679.65

Explanation:

The computation of the present value of the perpetuity is shown below;

The Present value of the perpetuity is

But before that as on the start of the perpetuity is determined using the formula,

= Perpetuity Amount ÷ Monthly rate

= $20,000 ÷ 1%

= $2,000,000

Now  

Present value today is

= Present value of perpetuity as on the start of the perpetuity ÷ (1 + Monthly rate)^Months

= $2,000,000 ÷ (1 + 1%)^9

= $2,000,000 ÷ 1.093685273

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4 0
3 years ago
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REY [17]

the correct answer is b

7 0
3 years ago
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While the risks of construction lending may be less in a number of respects than those associated with land acquisition, banks s
mojhsa [17]

Answer: C. 150-250 basis points

Explanation:

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Like earlier mentioned, risks of construction lending may be less in a number of respects than those associated with land acquisition but however there are still risks. Risks such as low Tenancy when built, the potential Environmental problems and location.

This is why it is necessary to charge such a premium which is actually a very competitive rate amongst Banks.

If you need any clarification do comment.

8 0
3 years ago
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