The statement that applies are the rental of ant kayak equipment you need the wages that you forgo by going kayaking and the fee for accessing the river in a national park
Explanation:
The true cost for going to a particular place includes all that costs that are included from moving to a place that includes all the wages and the vehicle cost
Here the opportunity costs includes the fee to go to the national park by crossing the river and the amount that is needed to be spent on the equipment and the wages that must be forgo by going to kayaking all these statements best includes the true costs of going to kayaking
Answer:
$54,000
Explanation:
The opportunity cost is that cost which can be given the benefit out of the given options. In another way, it would be select the best alternative option which gives you the best results or benefits.
In the given case, Allison earns $54,000 in her first year of employment and if she works with her father she earns an annual salary of $38,000. So, the opportunity cost, in this case, would be $54,000
Answer:
$1,620,000
Explanation:
Assume that Sharp operates in an industry for which NOL carryback is allowed.
In its first three years of operations Sharp reported the following operating income (loss) amounts: 2019 $ 1,350,000 2020 (3,150,000 ) 2021 5,400,000
There were no deferred income taxes in any year. In 2020, Sharp elected to carry back its operating loss.
The enacted income tax rate was 25% in 2019 and 30% thereafter.
In its 2021 balance sheet, what amount should Sharp report as current income tax payable is the applicable tax rate for 2021 applied on the income of the year: 30% x 5,400,000 = $1,620,000
Answer:
An amortized loan:
1) requires that all payments be equal in amount and include both principal and interest.
Explanation:
For instance, company A can borrow from a bank an amortized loan - a type of short-term loan with scheduled and periodic payments that are applied to both the loan's principal and the interest. Company A will then prepare an amortization schedule. This schedule is the table of periodic loan repayments, showing the amount of principal and the amount of interest that are must be paid periodically until the loan is fully paid off at the end of its term.
Answer: 21%
Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.
Therefore: 75 × 110 =8250 square feet.
8250 × $20 = $165 000 per lot.
Each lot was sold for $200 000. Which means the developer made profits of:
$200 000 - $165 000 = $35 000 per lot.
The percentage of profit on each lot is:
Percentage of profit on cost amount:
=
= 0.2121212 recurring × 100
= 21,21%
Percentage of profit on sale amount:
=
= 0.175 × 100
= 17,5%