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timofeeve [1]
3 years ago
9

Sam has two options this weekend. He could work at his job and earn $9/hour for three hours, or he could go to a show at the the

ater for that three hours. A ticket to the theater costs $30. What is the opportunity cost of going to the theater?
Business
1 answer:
taurus [48]3 years ago
4 0

Answer: $57

Explanation:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

Opportunity cost of going to the theater:

Earning at work = $9 per hour × 3 hours

                          = $27

Theater ticket cost = $30

Therefore, total opportunity cost of going to the theater is as follows;

= Earning at work + Theater ticket cost

= $27 + $30

= $57

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Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the bu
Shalnov [3]

Answer:

A. ceases to exist unless sold or taken over by Yoshi's heirs. 

Explanation:

A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.

One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.

I hope my answer helps you.

6 0
3 years ago
American Inc. had gross sales of $925,000. Cost of goods sold and selling expenses were $490,00 and $220, 000 respectively Ameri
drek231 [11]

Answer:

a. Particulars                                Amount

Gross sales                                  $925,000

Less: COGS                                 <u>$490,000</u>

EBITDA                                        $435,000

Less: Depreciation                      <u>$120,000</u>

EBIT                                              $315,000

Less: Interest on notes payable <u>$8,800   </u>  (220000*4%)

EBT                                               $306,200

Less: Tax (35%*306200)             <u>$107,170</u>

Net Income                                   <u>$199,030</u>

<u />

b. Operating cash flow = Net income + Depreciation

Operating cash flow = $199,030 + $120,000

Operating cash flow = $319,030

6 0
3 years ago
A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $10 per order. The revised EOQ is:
ruslelena [56]

Answer: three times as large

Explanation:

Economic order quantity will be calculated as follows:

EOQ = ✓(2DS/H)

D = Demand in units

Here S = Ordering cost = $10

H = Holding cost

Since S = $10

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 10 × D/ H)

= ✓(20D/H)

Since we're to increase the order cost from $10 per order to $90 per order, then EOQ will be:

Since S = $90

Therefore, EOQ will be:

= ✓(2DS/H)

= ✓(2 × 90 × D/ H)

= ✓(180D/H)

3✓20DH

The revised EOQ will then be 3 times as large.

4 0
3 years ago
For over 40 years, Top Manufacturing produced only one product, a car part for Moraine Assembly (the Moraine, Ohio, General Moto
ohaa [14]

Answer:

The statement is true.

Explanation:

The statement is true and correct that the Top company is a vulnerable company as vulnerable in business means that the company is weak and the reason due to which the top company is vulnerable as from last 40 years, the top manufacturing company is producing only a single product and does not engage in expanding the business.

Therefore, the correct option is A.

6 0
3 years ago
Select the correct answer. Which element is part of indirect compensation? A. basic pay B. bonus C. stock options D. subsidized
Oduvanchick [21]
A is the correct answer for me for u I don’t know
3 0
3 years ago
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