The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
Finally, add the cost of the concert ticket: $550 + $50 = $600
The opportunity cost of Lauren's decision to attend the concert is $600.
Answer:
Part (1) November 1
The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:
Dr Rental Advances $90,000
Cr Bank account $90,000
Part (2) December 31
On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.
This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is
The relevant entry would be:
Dr Rental Expenses $36,000
Cr Rental Advances $36,000
Answer:
The answer is: A) Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.
Explanation:
Athletic shoe business is Nike´s cash cow, it can not afford the risk of not investing in it. Even if the market´s growth rate slows down there will always be serious competitors willing to replace them as No. 1 (Adidas). It is a very competitive industry all around the world. So the moment Nike lowers its guard, Adidas will attack them furiously.
As the market leader Nike needs to constantly invest in new promotions and new technology. It has to fight to keep their share of the market growing, because once it reaches its zenith, then the only way to go is down. If Nike´s shoe business goes down, the whole company´s sales will go down since other business units are complementary to it.
Answer:
Explanation:
Linear Programming formulation:Total profit = 70X1 + 50X2= 170
Subject to:8X1 + 3X2 <= 14
10X1 + 6X2<= 22
X2<=15
X1>= 0
X2>=0
Answer:
management of school is one who is responsible to pay for expenses and keep the savings which is remain after deducting of all expenses
