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Karolina [17]
3 years ago
5

Suppose your expenses for this term are as​ follows: tuition:​ $28,000, room and​ board: $9,000, books and other educational​ su

pplies: $2,500.​ Further, during the​ term, you can only work partminustime and earn​ $16,000 instead of your fullminustime salary of​ $42,000. What is the opportunity cost of
Business
1 answer:
dsp733 years ago
4 0

Answer:

$ 56,500

Explanation:

Given:

Tuition expenses = $ 28,000

Room and board expenses = $ 2,500

Earning from the part time = $ 16,000

Fulltime salary = $ 42,000

Now,

the opportunity cost is given as:

= Full time working salary + (sum of expenses) - Earnings

on substituting the values, we get

opportunity cost = $ 42,000 + ( $ 28,000 + $ 2,500 ) - $ 16,000

or

opportunity cost = $ 56,500

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It’s A the nominal interest rate

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an organization's __ refers to all relevant forces inside a firm's boundaries, such its mangers, employees, resources, and organ
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Mark is considering opening a money market account. What is an issue that he needs to be aware of when comparing a money market
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How U.S industries will be affected by lifting the embargo?
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4 0
2 years ago
Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $205,000 and its net i
Whitepunk [10]

Answer:

Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

Explanation:

Old Net profit margin = Net income/ Revenue

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                                    = 5.170731707%

Old ROE = Net profit margin*Asset turnover*Equity multiplier

              = 0.0517*1.33*1.75

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New net income = $10,600 + $10,250

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New net profit margin = $20,850/$205,000

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Change in ROE = New ROE – Old ROE

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                           = 11.6375%

Therefore, Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

6 0
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