Answer:
a.Attending a movie
Explanation:
The opportunity cost is the cost or value or the item foregone. That is way opportunity cost is also known as alternative foregone.
It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.
Therefore, for John, the opportunity cost is attending the movie, option a.
Answer: $240,000
Explanation:
400,000÷20,000 = $20 per share (repurchase price)
160,000 ÷ 10,000 = $16 per share (sales price)
$400,000 - $160,000 = $240,000
The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.
<span>According to the theory of comparative advantage, trade and specialization Raise productivity by lowering opportunity cost.
According to this theory, focussing on something that does not give the company in a competitive advantage will only wasting up resource because they simply compete with the companies who have the competitive advantages.</span>
Answer:
a. $168,000
Explanation:
The computation of the current asset is shown below:
= Cash + Account receivable + inventory
= $100,000 + $18,000 + $50,000
= $168,000
The current assets show a combination of the cash, account receivable, and the inventory account that is to be converted into cash within one year. The rest of the items displayed the long term assets. Hence, ignored it
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