Answer:
e. External opportunity
Explanation:
An external opportunity is an extension of the market due to some external development outside the industry. In this case, the cruise industry has benefited in a major way due to external developments.
Answer:
A) They would be indifferent, as Sally's income net of costs equals $25,000.
Explanation:
Sally's economic profit = accounting profit - opportunity costs
- accounting profit = $12,000
- opportunity costs = $25,000 - $15,000 in lost salaries + $2,000 (lost investment revenue) = $12,000
economic profit = $12,000 - $12,000 = $0
Since the economic profit is $0, Sally should be indifferent between running her own business or working for someone else.
Answer:
false
Explanation:
you are always learning something
Answer:
the journal entry to record the purchase of treasury stocks
February 5, 2020
Dr Treasury stocks 382,200
Cr Cash 382,200
the journal entry to record the sale of 9,100 stocks
August 9, 2021
Dr Cash 254,800
Cr Treasury stock 191,100
Cr Additional paid in capital 63,700
Answer:
$0.215
Explanation:
The computation of the cost per item in Group 1 is shown below:-
Candy amount paid = $3,100
Item received = 7,100
For Group 1
Sale value = Group 1 units × Selling price
= 2,110 × $0.15
= $316.5
For Group 2
Sale value = Group 2 units × Selling price
= 4,720 × $0.35
= $1,652
For Group 3
Sale value = Group 3 units × Selling price
= 270 × $0.71
= $191.7
= Total sale value = $316.5 + $1,652 + $191.7
= $2,160.2
So, Sale percentage for Group 1 = $316.5 ÷ $2,160.2
= 14.65%
Now, the proportion of cost for Group 1
= $3,100 × 14.65%
= 454.15
Cost per unit = Proportion cost ÷ Group 1 units
= $454.15 ÷ 2,110
= $0.215
