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Mnenie [13.5K]
3 years ago
10

Ricardo works part time at a local computer store. One day, his manager approaches him about moving from cashier to floor superv

isor. Ricardo is excited because the promotion comes with a raise; however, the extra work hours would take away from time with his friends. In the end, he decides to take the promotion.
Business
1 answer:
iogann1982 [59]3 years ago
5 0

Answer:

His opportunity cost is "loosing the extra time he stays with his friends."

Explanation:

Opportunity cost simply refers to that benefit missed as a result of choosing one alternative over the other. In this scenario, Ricardo chooses to take the promotion and forgo spending time with his friends. Opportunity cost is also the same as the forgone alternative. Hence the opportunity cost in this scenario is the time that Ricardo spends with his friends.

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The Pinetop Corporation issues 1,000 shares of 6%, $100 par value preferred stock at the beginning of 2014. All remaining shares
lidiya [134]

Answer:

$12,000 and $6,000

Explanation:

For computing the dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate  × number of years

= 1,000 shares × $100 × 6%  × 2 years

= $12,000

Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders

5 0
3 years ago
Name and describe three ways that companies can benefit from being ethical.
dalvyx [7]
Higher revenues – demand from positive consumer support.
Improved brand and business awareness and recognition.
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3 0
3 years ago
You have received a call from a processor that is having quality problems with their pork. They are noticing areas of product lo
const2013 [10]

Answer:

The investigating areas should be field, processing units and finished goods inventory.

Explanation:

The business units should be considered for quality control. The quality of the product is the main cause of concern for any business. When the poor quality products are processed customers will move away from the business. Total Quality Management or TQM approach is used to make the products best fit.

6 0
3 years ago
Use the following information to compute NET INCOME.
maks197457 [2]

Answer:

c. $1,890

Explanation:

As for the provided information, we have

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Profit before taxes = $3,150

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Correct option is

c. $1,890

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It is True that Managers know the importance of staff orientation, training, and development, so scheduling employees for it rarely conflicts with other organizational priorities.

<h3>What is Staff Management?</h3>

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Therefore, It is True that Managers know the importance of staff orientation, training, and development, so scheduling employees for it rarely conflicts with other organizational priorities.

Learn more about Staff management from the link below.

brainly.com/question/1264817

4 0
2 years ago
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