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AleksandrR [38]
3 years ago
10

An owner of a landscaping business received extra income in the previous month. She is considering either buying a new lawnmower

or spending the money on an advertising campaign in order to increase business in the next few months. If the business owner chooses to spend the money on an advertising campaign, what will be the opportunity cost?
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

The opportunity cost will be Buying a new lawnmower

Explanation:

Opportunity cost refers to the cost of a forgone alternative. In this scenario, since the owner of a landscaping business has decided to spend the extra income on advertising campaign in order to increase sales, the forgone alternative here becomes buying a new lawnmower.

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The Best Company is reviewing two options for replacing a piece of machinery. The first machine costs $100,230 and has a four-ye
andriy [413]

Answer:

Equivalent annual cost method

Explanation:

Equivalent annual cost method is a method used to choose between two projects with an unequal life span

The decision rule is to choose the product with the higher Equivalent annual cost

Equivalent annual cost method is better for making this decision because if net present value is used, the project with the higher useful life would be chosen. this does not mean it is more profitable

6 0
3 years ago
Explain how you plan to finance your college education. If you are not currently planning on attending college, explain how you
bulgar [2K]
If you do not have enough money to go to college the very first thing you can do is to look for scholarships offered by the government, schools or any other establishments and company. You can also be a part time student to be able to have allowance and less tuition fees.
7 0
4 years ago
Prometheus Corp. is a large-scale manufacturer of consumer electronic gadgets. As part of its performance management system, Pro
myrzilka [38]

Answer: Critical success factors (CSFs)

 

Explanation:

 The critical success factor is one of the management element that helps in achieving the organizational main goals and their mission in an organization.

The main aim of the critical success factor is that it helps in evaluating all the key factor in the company for increase the performance and also helps in accomplishing the given task.

 According to the given scenario, the Prometheus corporation is one of the large electronic manufacturing firm and each employee of this company contributing in the profits as it is categorized as critical success factor.

 Therefore, Critical success factors (CSFs) is the correct answer.  

6 0
3 years ago
Which of the following is a capital expenditure? Payment of an account payable. Retirement of bonds payable. Payment of Federal
marusya05 [52]

Answer:

The correct answer is the last option: None of these answers are correct.

Explanation:

To begin with, the name of "Capital Expenditure", in the field of business refers specifically to the money that a company spends with the purpose to buy, maintain or improve its fixed assets. Therefore that it is quite simple to recognize the assets that are considered to be capital expenditure due to the fact that they are the ones in which the money is spended in order to extend the useful life that they have or when they are recently new and intend to stay in the company for a considerable period of time. Examples of capital expenditure are: vehicles, buildings, equipments or land.  

3 0
3 years ago
Which of the following documents will a bank issue in order to secure a loan with your personal assets? A Guarantee and surety a
frozen [14]

A.

Hope this helps :)

5 0
3 years ago
Read 2 more answers
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