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Lorico [155]
3 years ago
7

John gives up a shift at work so he can go to Universal with a friend. He spends $150 at Universal. He would have earned $220 du

ring the shift at work. John's explicit cost of going to Universal is $ . His implicit cost of going to Universal is $ . His opportunity cost of going to Universal is $ . If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ . Enter whole numbers only.
Business
1 answer:
shtirl [24]3 years ago
6 0

Answer: John's explicit cost of going to Universal is $150 . His implicit cost of going to Universal is $220 . His opportunity cost of going to Universal is $ 70. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ 220

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Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next
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Explanation:

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3 0
1 year ago
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Answer:

South Sea Baubles

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2. Net working capital in 2015 and 2016 = $25 and $110 respectively.

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Explanation:

a) Data and Calculations:

BALANCE SHEET AT END OF YEAR (Figures in $ millions)

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Current assets                                       $ 105       $ 215

Net fixed assets                                       950       1,050

Total assets                                         $1,055    $1,265

Current liabilities                                    $ 80       $ 105

Long-term debt                                       675         900

Total liabilities                                       $755     $1,005

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Revenue               $ 2,025

Cost of goods sold   1,105

Gross profit             $ 920

Depreciation              425

EBIT                          $495

Interest expense       255

Profit before taxes  $240

Income taxes (35%)    84

Net Income            $ 156

Cash provided by operations:

Net income =      $156

Depreciation        425

Working capital:

Current assets      110

Current liabilities (25)

Net cash           $666

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Answer:

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