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3 years ago

Opportunity cost is __

Business

1 answer:

Mariulka [41]3 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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Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its $1 par common

Viktor [21]

Answer:

June 30, repurchase of 100 shares:

Dr Treasury stock 4,000

Cr Cash 4,000

Explanation:

The other journal entries should be as follows

July 20, resale of 50 shares:

Dr Cash 2,300

Cr Treasury stock 2,000

Cr Additional paid in capital 300

August 1, resale of 20 shares:

Dr Cash 760

Dr Additional paid in capital 40

Cr Treasury stock 800

3 0

3 years ago

At the beginning of the current year, X Company had assets of $600, liabilities of $300, and common stock of $100. During the cu

Viefleur [7K]

Answer:

$250 is the answer

Explanation:

As we want to calculate here the net income which could be found from the following formula:

Net Income or Profit = Sales - Expenses

In this case the sales figure is $750 and the expenses are $500.

By putting the values we have

Net Income = $750 - $500 = $250

6 0

3 years ago

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $20 million. The machinery can be sold to the Romula

muminat

Answer:

1) Book Value= $16,464,000

2) Market Value = $19,080,000

Explanation:

The first question is to determine the book value of Klingon's assets today. Book value is the carrying value of the business in its balance sheet.

Book Value = Net working Capital + Current Liabilities + Net Fixed Assets

Net working Capital= $226,000

Current Liabilities= $700,000

Net Fixed Assets= $15,500,000

Book Value = $226,000+ $700,000+$15,500,000= $16,464,000

2) Calculate the market value

The formula for market value = How much the machinery was sold to Romulans today+ today's value of the current assets if they are liquidated

The market value of assets is a function of the current market price they can be sold for and received on the day of the valuation

Market Value= $18,000,000 + $1,080,000= $19,080,000

4 0

3 years ago

An algebra class has 20 students and 20 desks. for the sake of variety, students change the seating arrangement each day. how ma

Delicious77 [7]

I'm really not sure this is the right answer, but there are 20! ways to arrange 20 students in different orders. 20! is a VERY large number haha but that's how I'd do it :/

4 0

3 years ago

Give three reasons why building apps might not be the sole source of income for an individual.

True [87]

Here are the top six reasons why apps fail and how you can avoid them. App development projects fail and identify areas for improvement so you can. Not only is audience research necessary for developing an app that. For example, iOS users typically have a higher income and more education than Android users.

Hope this helps :)

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3 years ago