Answer:
B. Cooking dinner for some friends.
Explanation:
Opportunity cost is the cost of <u>next best alternative</u> sacrifised while choosing an alternative.
Eg- If I like Chapati more than rice, rice more than bread - opportunity cost of chapati is only rice & not bread.
If my preferences are 1 > 2 > 3 ; {'>' implies 'preferred over'}
Then the opportunity cost of my 1st preference i.e going out to movie & dinner is the 2nd best preference i.e Cooking dinner for some friends.
Hamburger at base ball game i.e 3rd preference is opportunity cost of 2nd preference i.e Cooking dinner for some friends.
Answer:
a. debit to Interest Revenue for $2,500
Explanation:
Based on the information given we were told that Ban Company made a purchased of 50, 5% Waylan Company bonds for the amount of $50,500 which is a cash Interest that is payable annually which means that the annual interest payment would include a: DEBIT to Interest Revenue for $2,500 calculated as :
Interest Revenue=[(50 x $1,000)×5%]
Interest Revenue=$50,000×0.05
Interest Revenue =$2,500
<span>$47,575 is the real per-capita GDP in the United States, which means that the gross domestic product per capita was $47,575 in the year of 2009. This is considered the best way to measure a country's economic health.</span>
Answer:
Profit growth
Explanation:
The core responsibilities of a Chief Executive Officer(CEO) involves communicating on behalf of the company with government officials, institutions and entities, making better and responsible corporate decisions that will accelerate the growth and the development of the company and communicating on behalf of the company with its directors, boards and shareholders.
As a CEO of a Major cooperation, my initial attention will be given to the company's profit growth. I will put in place goals, objectives and strategies that would lead the company to growth in revenues and profits generation, and thus, enabling the company to expand and realize unprecedented profit growth.