A fixed expense<span> is an </span>expense<span> that will be the same total amount regardless of changes in the amount of sales, production, or some other place</span>
Answer:
No option is correct:
- A. Larry offers Curly 1 ping-pong ball for 1/4 of a hat.
- B. Curly offers Larry 1 hat for 3 ping-pong balls.
- C. Curly offers Larry 1 hat for 4 ping-pong balls.
- D. Larry offers Curly 1 ping-pong ball for 1/3 hat.
In order for Curly to win and Larry lose, Curly must offer 1 hat in exchange for 6 or more ping-pong balls.
- Option A: Larry wins 1 ping-pong ball.
- Option B: Larry wins 2 ping-pong balls.
- Option C: Larry wins 3 ping-pong balls.
- Option D: Larry wins 0.13 of a hat.
Explanation:
Opportunity costs are the benefits lost or extra costs associated to choosing one investment or activity over another alternative.
In this case, Larry can either have 1 hat or 5 ping-pong balls. Curly can have 1 hat or 2 ping-pong balls.
Answer:
$310,000
Explanation:
The computation of the projected initial cash flow is shown below:
Project's initial cash outflow= Increased inventory + increased accounts receivable - increased debt + spending amount for the expansion of the size of the showroom
= $150,000 + $35,000 - $75,000 + $200,000
= $310,000
We simply applied the above formula to find out the initial cash flow
