Answer:
the benefit to his grades from studying for an hour
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.
This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.
Answer:
$264,600
Explanation:
The computation of net cash provided (used) by financing activities is shown below:-
Net cash inflow (Cash provided) by financing activities = Proceeds from bond issue - Dividend Paid
= $301,700 - $37,100
= $264,600
Therefore for computing the net cash provided (used) by financing activities we simply applied the above formula.
Answer:
The differential revenue for this decision is $95000
Explanation:
Differential Revenue: In differential revenue it shows a difference between two projects revenues. Irrespective of whatever information is given in the question.
It is computed to check that how much increment or decrements is done as compare to previous year, or between projects.
So,
Differential revenue = Alternative B Projected Revenue - Alternative A Projected Revenue
= $310,000 - $215,000
= $95,000
Hence, the differential revenue for this decision is $95000
Answer:
$88,000
Explanation:
The computation of the ending balance of the retained earning balance is shown below:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
where,
net income is
= Revenues - expenses
= $50,500 - $33,000
= $17,500
And, the other items values would remain the same
So, the ending balance is
= $92,500 + $17,500 - $22,000
= $88,000
An ERP (enterprise resource planning) system is a software application that includes a centralized database and is used throughout a company. It enforces best practices through the software's business processes.
Enterprise Resource Planning (ERP) is business management software that enables a company to use a collection of interconnected applications. The ERP systems automate and simplify the operations, resulting in a leaner, more accurate and more efficient organization. ERP gives the unparalleled visibility into the main business activities.
ERP may integrate information and procedures in one location rather than managing each aspect of the firm with a separate system. This streamlines tasks, automates procedures, and allows all parts of the supply chain to work more efficiently.
As a result, an ERP (enterprise resource planning) system is a software program with a centralized database that is utilized throughout a business. It enforces best practices through the business operations of the program.
To know more about ERP click here:
brainly.com/question/26598341
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