It’s B. Using the money as a down payment on a house.
An opportunity cost is when you have two financial decisions and you have to choose one or the other. Whatever you don’t choose is the opportunity cost.
For example. I have 3 dollars. I can either afford a bag of chips or a bottle of coke. I choose the bag of chips. The bottle of coke is my opportunity cost.
Answer:
Ethan can finish his degree without debt if he works part time after his studies and earns at least $9,000 which is his university fee.
Explanation:
Ethan is developing strategies to finance his studies. He do not wishes to secure loan to pay his fee. He can work part time and earn some amount which he should save in order to pay off his fee. He can earn more money by selling some goods that he can make on his own. Some art and craft things that are admired by people can bring him money.
Answer:
The correct option is D
Explanation:
In general terms, Agility means that ability to be graceful or quick. So, in terms of business, it is the ability or potential of a supply chain (where it means that it is a network of all the resources, activities, individuals and organizations involve in the production and the sale of the product) which quickly react or respond to the changes in the short term market.
Explanation:
Data provided in the question
Change in the inventory = $1,030,000
i.e Opening inventory = $1,030,000
Income tax rate = 35%
So, the cumulative effect in the year 2018 is
Opening inventory $1,030,000
Less: income tax rate i.e 35% -$360,500
Balance $699,500
This balance would be addition to the beginning balance of the retained earning statement
Answer:
<u>Expectancy theory</u>
Explanation:
Vroom's expectancy theory of motivation is based upon the fact that employees will be motivated to achieve their targets and goals only when they know, doing so would lead to prospect of earning rewards and incentives.
Vroom related employee performance with various factors such as their skills, demeanor, knowledge and personal experiences.
The rewards and incentives serve as a driving force to an employee's performance and efficiency.
Expectancy refers to a belief that increased performance and hard work leads to better efficiency.
An employee chooses from available set of alternatives with a purpose to maximize his/her pleasure and comfort undergoing minimum pain.
In the given case, the company rewards their top performing individuals by letting them devise their rewards so as to serve as means to employee motivation as well as those rewards being valued by them. The company uses expectancy theory of motivation.