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Misha Larkins [42]
3 years ago
5

Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plau

sible economic explanation for this difference?
a.Harold must enjoy ironing more than Sarah does.
b.Harold must be better at ironing than Sarah is.
c.The opportunity cost of ironing is greater for Harold.
d.Sarah has a higher opportunity cost of laundering her clothes than Harold does.
Business
1 answer:
marusya05 [52]3 years ago
8 0

Answer: Sarah has a higher opportunity cost of laundering her clothes than Harold does.

Explanation:

The opportunity cost is the cost of choosing an option out of a set of available options to an individual. Sarah is wealthier than Harold, therefore sending her clothes to the laundry is easier for her than it is for Harold, therefore Sarah has a higher opportunity cost than John doing laundry, because she can easily pay to get the Job done, which is not the case for John.

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Which of the following statement is true?
Eduardwww [97]

c) <em>Project management Software is only useful with a knowledgeable operator.</em>

Explanation:

Project management software are assisting software that need a pre-educated person to understand how it works, thus is the operator already has knowledge in project management it will assist him/her in making decisions and tracking progress thus useful.

7 0
3 years ago
Training is the hidden cost associated with ERP implementations that is considered the most under-estimated.
algol [13]

Answer:

TRUE

Explanation:

Training is the hidden cost associated with ERP implementations that is considered the most under-estimated because at the initial stage of Enterprise resource planning software purchase, only the cost of purchase and installation is considered. However the software cannot be used without training the users on how to use the software.

Such training costs are sometimes as significant as 25% or more of the cost of the software and these costs are not included in the list price of the purchase of the ERP. Furthermore even when the training costs are estimated, they are often under-estimated as the number of users may increase with time as the organisation grows.

4 0
3 years ago
Stein Co. issued 17-year bonds two years ago at a coupon rate of 9.1 percent. The bonds make semiannual payments. If these bonds
Marizza181 [45]

Answer:

YTM is 7.43%

Explanation:

The yield to maturity of a bond can be computed using the rate formula in excel,which is given below:

=rate(nper,pmt,-pv,fv)

the nper is the number of coupon interest the bond would pay before it is redeemed at maturity starting from ,which is 15 years multiplied by 2=30

the pmt is the semiannual coupon payable by the bond,which is $1000*9.1%/2=$45.5

the pv is the price of the bond which is 115%*$1000=$1150

the fv is the face value of the bond at $1000

=rate(30,45.5,-1150,1000)=3.715%

The rate of 3.715% is a semi annual rate

annual rate 7.43%(3.715%*2)

6 0
3 years ago
1. Which of the following ratios use de-levered net income? (check all that apply)
notka56 [123]

Answer:

The ROA (Return on Assets) and the Return on Sales are the ratios which use the de-levered net income.

Explanation:

The shareholders want to evaluate or measure the return without any effects of the interest expense. De- levered net income is required to alter the net income so that it can be added back it to the interest expense.

The ratio which using De-levered net income are the ROA that is Return on assets and the Return on Sales because it is used to measure the return.

6 0
3 years ago
At June 30, Yaddof Company has the following bank information: cash balance per bank $3,600; outstanding checks $680; deposits i
Valentin [98]

Answer: Yaddof Adjusted Cash Balance is $3,290

Explanation: Bank reconciliation of Yaddof Company as at 30th June

Balance per Bank                                          $3,600

Less:Outstanding Checks                             ($680)  

Add: Deposit in transit                                  $500

Less: Credit Memo for Interest                    ($150)          

Add: Bank Service Charge                            $20        

Adjusted Cash Balance                               $3,290

6 0
3 years ago
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