Please go through the explanation and then the attached fine for the answer.
Opportunity cost is defined as what you have to sacrifice to get something. It is the lose of other alternatives when one alternative is chosen.
For further insight to the answer please go through the attached file.
5$. The perception of the customer doesn‘t have to do anything with the profit margin.
Profit margin: Selling price - costs
Avoid losing future refunds.
Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.
B) A credit to common stock for $ 140,000
Journal Entry will include:
Date Journal Entry Debit Credit
Cash/Bank A/C $182,000
To Common capital A/C $140,000
To Contributed capital in excess $42,000
of par value A/C