Answer:
.c. $25, because this is the highest valued alternative forfeited
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If I attend my economics class, the $25 I would be missing out on is the opportunity cost because it is the highest valued alternative (which indicates that it is the next best option) I forfeited.
I hope my answer helps you
Answer:
Option (c) is correct.
Explanation:
Net cash provided by operating activities:
= Net income + Depreciation + loss on sale of Equipment + Decrease in prepaid expense + Increase in account payable - Increase in account receivable - increase in inventory - Decrease in accrued expenses
= $132,000 + 44,000 + 8,000 + 60,000 + 52,000 - 60,000 - 100,000 - 24,000
= $112,000
Note:
The balance sheet is missing in this question, so I attached the balance sheet with the answer.
1. Right-click on the tab of the worksheet you want to rename to open the context menu.
2. Click on Rename in the menu list to highlight the current worksheet name.
3. Type the new name for the worksheet.
4. Press the Enter key on the keyboard to complete renaming the worksheet.
True. it is to find out if you are eligible for the job.
Answer:
A. 40,000 units
Explanation:
To break even, the total cost must be equal to the total revenue. The cost elements are the fixed and variable cost. The variable cost is dependent on the level of activities.
Let the number of units required to breakeven be g
cost = sale
30g + 240,000 = 36g
36g - 30g = 240000
6g = 240000
g = 40000
The company must produce and sell 40000 units to break even.
