What are the opportunity costs of building this bridge?
All the options are applicable
What are the benefits that citizens will likely receive if the bridge is built?
Option B, Reduced travel time for commuters and shoppers.
Explanation:
When economic experts speak of a source of money's "opportunity cost," they mean the significance of its next highly valued appropriate use.
For example, if you spend millions of dollars on a movie, you can't even spend the time at home by reading a book and don't spend the cash.
Due to the cost of resources, you will make more efficient choices.
In comparison to its potential gains, you will determine the mortality risk of each alternative.
Answer:
e. 9.33 times
Explanation:
Data provided as per the given question
Price of share = $200,000 and $50,000
Earning per share = $40,000
The calculation of price-earnings ratio is shown below:-
Price earning ratio = Price of share ÷ Earning per share
= ($200,000 - $50,000) ÷ $40,000
= $3.75 per share
Therefore price earning ratio
= $35 ÷ $3.75
= 9.33 times
Answer:
d .Accounts Receivable
Explanation:
Accounts receivables are amounts that a business expects to receive from its customers for goods and services sold on credit. In many instances, customers do not pay for deliveries immediately. In practice, a 30- 60 days credit period is allowed. Within this period, the customer is expected to make full payments for the goods.
In accounting, these expected payments are recorded as accounts receivables.
Should customers fail to make payments against account receivables, they convert to bad debts or uncollectable debts.
In summary, bad debts, uncollectable debts, and doubtful debts were initially accounts receivables. They changed status due to non-payments by customers.
Answer:
a. Phrase: Summarizes actual costs, standard costs, and the differences for units produced
Terms it describes: Budget performance report
b. Phrase: Actual cost > standard cost at actual volumes
Terms it describes: Unfavorable cost variance
c. Phrase: Actual cost < standard cost at actual volumes
Terms it describes: Favorable cost variance
d. Phrase: Currently attainable standard
Terms it describes: Normal standard
e. Phrase: Theoretical standard
Terms it describes: Ideal standard
Answer:
Since the check was altered (it was originally a $200 check and was altered to seem like a $2,000 check), then Susan cannot be considered a holder in due course.
A holder in due course of a check would be a person that receives a third party check in good faith without knowing any possible claim or defect.
If the check had been stolen and wasn't altered to change its value, then Susan could have claimed to be a holder in due course of the check since she was notified later about the theft.