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Leona [35]
3 years ago
9

Suppose your New Year resolution is to get back in shape. You are considering various ways of doing​ this: you can sign up for a

gym​ membership, walk to​ work, take the stairs instead of the​ elevator, or watch your diet. How would you evaluate these options and choose an optimal​ one
Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

The answer is: I would do a cost benefit analysis to try to determine which option is the best.

Explanation:

In a cost-benefit analysis you examine the pros and cons of taking an action. You estimate all the costs involved in taking that action and all the possible benefits (or profits) that you will receive by taking that action.

A company will usually perform cost benefit analysis to try to decide which investments to make. For instance, I have $1 million to invest in different projects, my cost benefit analysis should tell me in which projects I should invest that return the largest profit.

If you are trying to decide how can you lose weight more efficiently, you would first estimate the costs of each activity. How much time you are going to spend? How much you have to pay or are they free?

Then  you also estimate what benefits you might get form doing each activity. How much weight can I lose by doing each one? Can I save money by doing them? Will I enjoy doing it?

After you have estimated all possible outcomes, you will be able to decide which, if any, activity or activities you should do to lose some weight.

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Although the overall divorce rate has declined in the past two decades, divorce among _________ couples is rising. elderly middl
Svetach [21]
<span>middle-aged. Some contributing factors to this are: a) after children grow up, some couples no longer have a common goal. b) infidelity, typically involving a younger person that brings excitement. c) people are living longer, so some people want to get out now rather then spend the additional years in misery.</span>
7 0
3 years ago
In 2018, CPS Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 20
MaRussiya [10]

Answer:

Dr Retained earnings $8.2

Cr Inventory $8.2

Explanation:

By changing method of an inventory valuation, the company should apply it retrospectively based on IAS 8 guidelines on change in accounting estimates and errors. Thus, the said difference from FIFO method to Weighted Average method of valuation should be credited directly against Retained earnings account because, accounts are already closed right after the year ended.

$32-$23.8= $8.2 million

To record the said adjustment you have to

Debit Retained earnings and credit Inventory in the amount of $8.2 million.

4 0
3 years ago
Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associ
Ostrovityanka [42]
I think it would be a restaraunt
4 0
3 years ago
Read 2 more answers
Mercury Corporation issued 7,000 shares of no-par common stock for $15 per share. Mercury also issued 2,800 shares of $70 par, 6
inessss [21]

Answer:

Issue of  7,000 shares of no-par common stock for $15 per share

Financing Activity (FA).

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

Financing Activity (FA)

Explanation:

Issue of  7,000 shares of no-par common stock for $15 per share

This represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

This transaction also represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

7 0
3 years ago
Read 2 more answers
Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al
garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share =  $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase =  $20,305

Cost to sell = $215(brokerage fee)

3 0
3 years ago
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