Answer:
Neither the costs are identical.
Explanation:
In the given scenario both of the airlines offer similar services to customers and the only difference is the way their aircraft was obtained. While the first company bought its own for $500,000 the second one is renting theirs for $30,000.
Their costs are however considered to be the same because if the first company goes out of business it's estimate of their plane is $30,000 per year. So even when they owned the plane cost of running it was the same as the second company.
Answer:
A. $1.5160 per €.
Explanation:
1500+62500*(1.50-x)<=500
=>x>=1.5+(1500-500)/62500
=>x>=1.516
Therefore, at a settle price of $1.5160 per euro or more additioanl funds demand will be there.
Answer:
$165
Explanation:
Opportunity cost is the cost (or benefit lost) from choosing one activity or investment over another. In this case, if you decide to prepare your own tax report instead of paying a tax specialist, then your opportunity cost = 15 hours x $11 per hour = $165. By preparing your tax return yourself, you are losing 15 hours and you value your time at $11 per hour.
Well the founder of wikipedia does nothing on keeping the things that are posted accurate. There has been many fake posts over the years on wikipedia like the most recent one, if you put your phone in the microwave for 30 seconds it will fully charge. Obviously that is total B.S and you phone would explode if put into a microwave. Anyone can post on wikipedia all you have to do is make an account.
Answer:
$16,660
Explanation:
Given that,
Merchandise inventory sold on account = $17,000
Payment terms are as follows: 2/10, n/30
Cost of merchandise sold = $13,000
Therefore, the amount of cash was collected by Devonshire is the amount of cash after deducting the 2 percent of merchandise inventory.
Cash was collected by Devonshire:
= Amount of merchandise sold × (1 - 2%)
= $17,000 × (1 - 0.02)
= $17,000 × 0.98
= $16,660
