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Mazyrski [523]
3 years ago
8

A business is considering a cash outlay of $880,000 for the purchase of land, which it intends to lease for $200,000 per year. I

f alternative investments are available that yield a 15 percent return, the opportunity cost of the purchase of the land is
Business
1 answer:
viva [34]3 years ago
7 0

Answer:

132000$

Explanation:

880000 *0,15=132000

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We can imagine the financial manager doing several things on behalf of the firm’s stockholders. For example, the manager might d
iVinArrow [24]

Answer:

A

Explanation:

One of the responsibilities of a financial manager is to direct investment activities towards increasing the market value of an organization and also support the long term financial goal of the firm.

In as much as the financial manager is expected to act in the best interest of the shareholders , he should not be bias towards them in carrying out his responsibilities,

Therefore , the best option of the given alternatives in the scenario is the he should work towards increasing the market value by investing in real assets.

7 0
3 years ago
Smith Jewelry Store sells 20 pieces of jewelry per day at an average price of $20 per piece. Assume Smith’s cost for the jewelry
Ipatiy [6.2K]

Answer:

$12,000

Explanation:

Take 20 pieces $20 average price per piece 30 days

= $12,000 expected sales for the month

3 0
3 years ago
Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh
rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.  

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

3 0
4 years ago
A television advertisement shows several teenagers searching through the refrigerator for something to satisfy their hunger. The
Andre45 [30]

Answer:

The answer for the first blank is needs, the second blank is preferences.

Explanation:

The need for sustenance is a primary drive for all living creatures, including humans. The advertisement shows this by casting hungry teenagers who are seeking to fulfill this drive. Since the company producing this advertisement sells Hot Pocket, they wanted to associate ‘fulfilling the hunger drive’ with their product. That way, customers who view this advertisement are more likely to choose Hot Pocket compared to its competitors.  

7 0
3 years ago
Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty patio furniture. On June 30, th
devlian [24]

Answer:

$612,230

Explanation:

Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture

Also there is various balances mentioned in the question

Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered

Hence, the total is $612,230

3 0
3 years ago
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