The answer choices which <em>should be included</em> in the opportunity cost of buying the slip-ons is:
- A. The classic look of traditional wingtips
<h3>Opportunity Cost</h3>
This is a term that is well known in the field of economics and is used to show the foregone alternative when a person is making a choice about a particular good or item.
With this in mind, we can see that Sean had to give up some things and these are what we can see as his opportunity cost even though they are not of monetary cost.
Therefore, the correct answer is option A
Read more about opportunity cost here:
brainly.com/question/8846809
the original price of a 2015 honda insight to the dealer is $17,995.
after rebate, the dealer will pay $16,495.
The rebate amount can be calculated as follows:
Rebate amount = Original price - Amount paid by the dealer after rebate
= $17,995--$16,495
= $1,500
therefore, the rebate amount is $1,500
Answer:
Dividend for year one;
2.40 × (1+0.12)= 2.688
For year 2
2.40 × (1+0.12)^2 =3.01056
For year 3
2.40 ×(1+0.12)^3 = 3.3718
Answer:
Accounts Receivable 960 Sales Revenue 960
Explanation:
Under periodic inventory system <u>inventory account is not updated for each purchase and each sale.</u>
<u>At the end of the period,</u> the total in purchases account is added to the beginning balance of the inventory to compute cost of goods available for sale.
Hence, the only entries will be between Sales revenue and accounts receivable.
Dr. Accounts receivable...960
Cr. Sales Revenue.......................960
Answer:
Check the explanation
Explanation:
Journal Entries to be recorded in the books of Partnership accounts
a)Jesse's Investment
Account Name Debit($) Credit($)
Accounts Receivable(48,000-3600) 44300
Equipment(Agreed Price) 68,500
Allowance for Doubtful Debts 2500
Jesse,Capital A/c(Balancing Figure) 110300
b.Tim's Investment
Account Name Debit($) Credit($)
Cash 22000
Inventory(At Agreed price) 48000
Tim Capital 70,000
