Answer:
highest paying position
Explanation:
In the field of economic, "opportunity cost" may be defined as the loss of the potential gain from among the alternatives that were provided when one of the alternatives were chosen over the other alternatives. In other words, it is the loss of a benefit for a person who could have enjoyed if that person would have not taken the choice.
Opportunity cost helps to make decisions properly.
In the context, Ishmael has been offered four potential jobs from highest salary to lowest salary. Based on this information, the opportunity cost of Ishmael to accept the position which pays him $56,000 is the highest paying job.
Answer:
Solution Provided
Explanation:
Equipment Purchased = $20,600
Residual Value= 2600
useful life = 5years
Dep Straight line Method = <u>Cost- Residual Value</u>
useful life
Dep= <u>20,600-2600</u>
5
Dep=$ 3600
<u> Cash Account </u>
Debit Credit
Salaries 30,900
Utilities 17,600
Sales 231,000
<u>Bal C/D 182,500</u>
231,000 231,000
<u> Accounts Receivable </u>
Debit Credit
Due 4100
Uncollectable
(50%x 4100) 2050
uncollectable
(3%x 2050) 61.5
<u>Bal C/d 1988.5</u>
4100 4100
<u> Accrued Income </u>
Debit Credit
unpaid salaries 33700
Income Tax 10,100
<u>Bal C/d 43,800 </u>
43,800 43,800
<u> Equipment Account </u>
Debit Credit
Purchase 20,600
<u> Depreciation Account </u>
Debit Credit
DEp Charge 3600
Answer:
The statement that would prove that Zeke made a faulty decision is that Both an employee and a a former employee can raised a grievance
Explanation:
Based on the information given about Zeke who is the employer , Gavin the employee and the formal employee who was dismissed The statement that would prove that Zeke the employer made a faulty decision is that Both an employee and the former or ex employee can raised a grievance reason been that settling dispute due to Grievance at a place of work can only take place with a current employee and not a formal employee , ex employee or a dismissed employee.
Therefore resolving Grievance at a place of work often take place with an employee with in the work environment and not with a formal employee.
Answer:
The correct answer is: decrease.
Explanation:
If Aggregate Supply (<em>AS</em>) is higher than Aggregate Demand (<em>AD</em>), it implies somehow consumers are keeping their income with them. Economic activity will <em>contract </em>as a result but to promote consumption, for instance, banks lower their interest rates on loans with the confidence that consumers will have enough money to cover their debts.