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Butoxors [25]
3 years ago
11

Opportunity cost is defined as the: a. ​value of all alternatives not chosen. b. ​difference between the benefits from a choice

and the benefits from the next best alternative. c. ​value of the best alternative not chosen. d. difference between the benefits from a choice and the costs of that choice. e. ​dollar cost of what is purchased.
Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

The correct answer is letter "C": value of the best alternative not chosen

Explanation:

Opportunity costs represent the return of the option chosen compared to the options that were forgone. <em>It can also be described as the return of the next best available option after having selected one</em>. Opportunity costs help individuals to find out what they "left on the table" after taking a certain decision.

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Simora [160]

Answer:

Cash Dr 10975  

     To Sales  $10,000  

     To  Sales Tax Payable $975 ($10,000 × 9.75%)

(Being the cash is recorded)

Explanation:

The journal entry is shown below;

Cash Dr 10975  

     To Sales  $10,000  

     To  Sales Tax Payable $975 ($10,000 × 9.75%)

(Being the cash is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it also increased the revenue and liabilities

4 0
3 years ago
Professional standards are achieved through _____________.
zvonat [6]

Answer:

The correct answer is Habitual Practice

Explanation:

7 0
3 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
suter [353]

Answer:

The stock will trade for 4.30 dollars in the market

Explanation:

The stock will be valued at the discounted value of their future cash flow.

w calculate the cas flow by multiplying by the grow rate given.

Then we discount using the present value of a lump sum:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $0.5000  

time   3.00  

rate  0.18

\frac{0.5}{(1 + 0.18)^{3} } = PV  

PV   0.30  

Then, for the entire of the dividend after year 6th we use the gordon model:

dividends / (rate - grow) and then we discount that

\frac{dividends}{return - growh}

Y# Cashflow Discounted

0 0          

1 0        

2 0          

3 0.5                 0.304315436

4 0.825         0.425525822

5 1.36125          0.595014921

6 1.4565375 2.971555503

Total 4.296411682

8 0
3 years ago
During the fiscal year, a company had revenues of $400,000, cost of goods sold of $280,000, and an income tax rate of 30 percent
tatiyna

Answer:

$84,000

Explanation:

A company's net income can be determined by subtracting the cost of goods sold from the revenues to obtain the income before taxes and then multiply it by one minus the tax rate.

If revenues are $400,000 and cost of goods sold are $280,000 at a tax rate of 30%, net income for the year is:

N=(\$400,00-\$280,000)*(1-0.3)\\N=\$84,000

The company's net income for the year is $84,000.

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3 years ago
Which of the following is not an example of IFRS simplified for SMEs?
Ludmilka [50]

Answer:

b. all development cost are expensed as incurred

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