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avanturin [10]
4 years ago
15

Opportunity cost is __

Business
1 answer:
Mariulka [41]4 years ago
6 0

Answer: A.

Explanation:

By definition, opportunity cost is the amount or value of something you gave up for another good.

For example: say you value sleeping in at $5 value going to class at $4. You decide to get up and go to class, the $4 value. Therefore, your opportunity cost is what you gave up (sleeping in) for another good/choice (going to class), is $5 since you valued sleeping in at that.

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The principle that decreasing the money spent on purchasing functions increases profit FASTER than increasing revenue as a resul
shusha [124]

Answer

Option C. Profit Leverage Effect

Explanation:

Purchasing activities are said to be assignments/tasks buyers have to perform if they want to have or obtain the right products and services at the right price and time from the right vendors.

Profit-Leverage Effect is usually measured by the increase in profit gotten as a result of a decrease in purchase spend

5 0
3 years ago
Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2020, the company incurred
Naddik [55]

Answer:

Part A.

$16.75

Part B.

Variable costing income statement for 2017

Fi

Part C.

Part D.

Absorption costing income statement for 2017

Explanation:

<em>The question is incomplete, however see explanations below</em>

Cost per unit - Variable Costing

<em>Only consider the Variable Manufacturing Costs</em>

Cost per unit - Variable Costing = $16.75

Cost per unit - Absorption Costing  

<em>Consider Both Variable and Fixed Manufacturing Costs</em>

7 0
3 years ago
A calendar year reporting company preparing its annual financial statements should use the phrase "at december 31, 2016" in the
ivolga24 [154]

Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.

Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.



4 0
3 years ago
On October​ 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a​ 6-month note for​ $130,000
FromTheMoon [43]
The answer is D

Cause 2-3=5200
8 0
3 years ago
3/7 x (-1/2) • MARKING BRAINLIEST TO THE ANSWER WITH AN EXPLANATION ON HOW U GOT THE ANSWER!
Nuetrik [128]

Answer : The answer of the given expression is \frac{-3}{14}

Explanation :

The given expression is: \frac{3}{7}\times \frac{-1}{2}

As we know that,

When we are multiplying a fraction by a fraction then multiply numerators and multiply denominators like this:

\frac{X}{Y}\times \frac{A}{B}=\frac{X\times A}{Y\times B}

So, the answer of the given expression will be:

\frac{3}{7}\times \frac{-1}{2}

By multiplying numerators and multiply denominators, we get:

\Rightarrow \frac{3\times (-1)}{7\times 2}

\Rightarrow \frac{-3}{14}

Therefore, the answer of the given expression is \frac{-3}{14}

7 0
3 years ago
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