Answer:
Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a
savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by
saving the money. The lost interest is the
<u><em> opportunity cost</em></u> cost of spending money now.
Explanation:
The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has two options:
1. Spending the money
2. Save the money
Once the money is spending the opportunity costs is generated and it is measure by the interest rate lost for not keeping the money in a savings account that will generate an interest rate known as APY Annual Percentage Yield.
The cost of running the restaurant is $250000 per year
Answer:
13.76%
Explanation:
The computation of the interest rate required by law is shown below:
As we know that
Effective annual rate = (1 + Annual percentage rate ÷ number of days)^number of days - 1
0.1475 = (1 + Annual percentage rate ÷ 365)^365 - 1
(0.1475 + 1) = (1 + Annual percentage rate ÷ 365)^365
(1.1475)^ × (1 ÷ 365) = 1 + Annual percentage rate ÷ 365
So, the Annual percentage rate is
= [(1.1475)^ × (1 ÷ 365) - 1] × 365
= 0.1376
= 13.76%
Answer:
Margin of safety
Explanation:
The difference between at sales at break even point and current sales revenue is known as margin of safety.
Break even analysis requires the examination and computation of margin of safety for a company that is based on the associated costs and amount of revenue collected.
According to the accounting principles, margin of safety is known as the amount of sales or output level falls before the company reaches its break-even point.
Which principle of design indicates that elements that represent the same idea or category should be placed together? D. Alignment
When we align design ideas, we are putting different ideas together that have an "invisible" connection between the ideas. When we align elements that go together, there is an organization within the structure that makes the work and design flow smoothly. It's important to know what and why different pieces need to be aligned and how to organize them.
