All categories

3 years ago

The opportunity cost of an action is

Business

1 answer:

gogolik [260]3 years ago

6 0

Answer:

d. the highest valued alternative forgone as the result of choosing an option

Explanation:

An opportunity cost is anything that you sacrificing one thing for the other due to lack of recources and Scarcity of time

For example leisure time and working hours

You might be interested in

Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,000 $ 220,000 Input: Labor 30,000

Gelneren [198K]

Answer and Explanation:

1.Total productivity = output/input

For last year

Output = 200,000

Input = 30000+35000+5000+50000+2000

= 122000 dollars

Output/input = 200000/122000 = 1.64

For current year

Output = 220000

Input = 40000+45000+6000+50000+3000

= 144000

Output/input = 220000/144000

= 1.53

Percentage change = [(1.53-1.64)/11.64} x 100

= -6.70

Partial measure of labor

For last year

Output = 200000

Input = 30000

Output/input = 200000/30000 = 6.67

For current last

Output = 220000

Input = 40000

Output/input = 220000/40000

= 5.50

Percentage change = (5.5-6.67)/6.67*100

= -17.54%

Percentage measure of raw material

For last year

Output = 200000

Input = 35000

Output/input = 200000/35000 = 5.71

For current year

Output = 220000

Input = 45000

Output/input = 220000/45000 = 4.89

Percentage change = (4.88-5.71)/5.71 * 100

= -14.36%

Percentage measure of capital

For last year

Output = 200000

Input = 50000

Output/input = 200000/50000 = 4

Current year

Output = 220000

Input = 50000

Output/input = 220000/50000 = 4.40

Percentage change = (4.40 - 4.00)/4.40 x 100

= 10%

The overall percentage change for total productivity is negative, this tells us that productivity is on a decline. Partial measure of labor and raw material is decreasing but that of capital is increasing

6 0

3 years ago

On March 1, 2022, Cullumber Company acquired real estate, on which it planned to construct a small office building, by paying $8

11111nata11111 [884]

Answer:

$101,200

Explanation:

the cost of land = purchase price of the land + razing expenses - sales of salvaged materials + attorney's fees + broker's fees = $86,000 + $9,700 - $4,400 + $1,500 + $8,400 = $101,200

The cost of the driveways and parking lot are recorded separately (as land improvements), not under cost of land because they can be depreciated.

Architect's fees are generally included in the construction costs of the building, not in the land cost. The architect's fees are covered before the construction starts because you need the blueprints in order to start the construction.

6 0

3 years ago

Read the following sentences. Underline the subjects, and circle the prepositional phrases. The gym is open until nine o’clock t

pentagon [3]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

7 0

2 years ago

The Pinkerton Publishing Company is considering two mutually exclusive expansion plans. Plan A calls for the expenditure of $56

myrzilka [38]

Answer:

NPV of Plan A: $15,669,953.

NPV of Plan B: $18.260,647.

For the Plan A, the IRR is r=0.15.

For the Plan B, the IRR is r=0.32.

Explanation:

We have two expansion plans:

Plan A:

- Expenditure: -$56 million

- Cash flow: $9 million/year

- Duration: 20 years

Plan B:

- Expenditure: -$12 million

- Cash flow: $3.8 million/year

- Duration: 20 years

The NPV of plan A can be expressed as:

$NPV_A=-I_0+\sum_{k=1}^{20} (CF_k)(1+i)^{-k}\\\\NPV_A=-I_0+(CF)[\frac{1-(1+i)^{-20}}{i}] \\\\NPV_A=-56+9*[\frac{1-(1.11)^{-20}}{0.11}]=-56+9*\frac{0.876}{0.11}=-56+9*7.963328117 \\\\NPV_A=-56+71.66995306= 15.669953$

NPV of Plan A: $15,669,953.

The NPV of plan B can be expressed as:

$NPV_B=-I_0+\sum_{k=1}^{20} (CF_k)(1+i)^{-k}\\\\NPV_B=-I_0+(CF)[\frac{1-(1+i)^{-20}}{i}] \\\\NPV_B=-12+3.8*[\frac{1-(1.11)^{-20}}{0.11}]=-12+3.8*\frac{0.876}{0.11}=-12+3.8*7.963328117\\\\NPV_B=-12+30.26064685=18.260647$

NPV of Plan B: $18.260,647.

To calculate the IRR, we have to clear the discount rate for NPV=0. We can not solve this analitically, but we can do it by iteration (guessing) or by graphing different NPV, with the discount rate as the independent variable.

For the Plan A, the IRR is r=0.15.

For the Plan B, the IRR is r=0.32.

5 0

3 years ago

Since Henry Ford first adapted the conveyor belts of grain factories to create an assembly line, there have been several modific

borishaifa [10]

Four new manufacturing processes include 3D printing, smart factory, IIoT, and virtual reality, these technologies have a positive impact in diverse sectors and are used for manufacturing

During the last years, the development of technology has produced different objects such as smart appliances, smartphones, smart cars that have changed people's lives.

These technological improvements have also revolutionized the way of manufacturing different objects because they have improved the design, production, and marketing processes of the products. Several developments that have contributed to the industry are:

3D printing: It is a development that allows manufacturing objects or parts in different materials derived from petroleum.

This technological advance affects the parts manufacturing sector in different ways
In a toy factory, this development allows creating the parts of the toys much easier and more efficient

Smart factory: It is a technological development that allows improving the manufacture of objects through the use of digitized and connected machines to improve the production process.

This technological advance affects all manufacturing subsectors because it integrates all processes.
In a car factory, this development allows the assembly of a car to be done automatically and efficiently

Industrial internet of things (IIoT): It is a technological development that allows improving the manufacture of objects through the use of digital devices that work with artificial intelligence that perform a process and also analyze data to make productivity improvements.

This technological advance affects all manufacturing subsectors because it integrates all production processes.
In a food factory, this development allows production, packaging, sealing, and other processes to be carried out completely in the best way.

Virtual reality: It is a technological development that allows improving the manufacture of objects through the use of simulations that allows us to know previously how the performance of an object will be.

This technological advance affects the design and quality control process to evaluate the functionality of the manufactured object.
In a high-end bicycle factory, it allows knowing the performance of the materials in different types of roads, climatic conditions, and situations.

Learn more in: brainly.com/question/15689921

4 0

2 years ago