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olya-2409 [2.1K]
3 years ago
6

Describe three different financial decisions and their opportunity costs.

Business
2 answers:
KatRina [158]3 years ago
8 0

Answer:

Going to college has an opportunity cost of not working or working less. Buying a car has an opportunity cost of not being able to save as much. Buying a house could have an opportunity cost of not being able to travel. Opportunity cost is the choice you give up when selecting something else.

Explanation:

NeX [460]3 years ago
5 0

Answer:(Answers may vary.)

At the beginning of the year, I received a bonus at work. I decided to invest the money. I had two options: invest the money in high-yielding bonds, or invest the money in US Treasuries. I decided to invest my money in High-yielding bonds. High-yielding bonds had a return of 10 percent, whereas the US Treasuries had a return of 5 percent. So, my opportunity cost was 5 percent. High-yielding bonds carry more risk, though, and I might have lost 2 percent instead of earning 10 percent. Treasuries have virtually no risk, but the expected return is a bit lower.

My cousin is a fashion designer. She currently works for a retail management firm and earns $59,400 per year. A famous company in the fashion industry offered her a job in Paris. They offered her $45,500 per year. She decided to take the job in Paris, because she will learn many new things and will be in the fashion hub of the world. The salary offered is lower than what she currently earns. However, she believes that the opportunity cost of not taking the job would involve losing future lucrative opportunities that are only available to those who work in famous fashion companies. The opportunity cost of taking the job in Paris is the increased salary she would have earned at her old job. Moreover, she has to find her own accommodations and make new friends in Paris. In the United States, she has her own apartment and many friends and relatives. Therefore, another opportunity cost of moving to Paris involves losing an apartment and moving away from many friends and relatives.

James is working for a well-known firm and earns a decent salary. He pays his rent and other expenses from his salary, and saves the remaining amount. However, he now wants to pursue a master’s degree. For this, he will have to quit his job to attend classes full-time for one year. So, he left his old job, where he had earned the highest amount available for someone with his education and experience. However, he believes that within a year of being hired in his new career, he will earn a pay raise of 5 percent. In five years, he would earn a promotion and another pay raise, this time of 12 percent. The opportunity cost is the loss of one year’s income for James. However, the opportunity cost of staying in his job includes the future pay raises plus the satisfaction of obtaining a job he loves.

Explanation: Plato answer

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Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either <u>labor</u><u> </u>or non-labor.

<h3>What are non-labor inputs?</h3>

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

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The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

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Young company lends dobson industries $40,000 on august 1, 2014, accepting a 9-month, 12% interest note. if young accrued intere
Andreyy89

<u>Journal entry for the collection of the note at its maturity:</u>

It is given that the company lends $40,000 on august 1, 2014, accepting a 9-month, 12% interest note. And it has accrued interest at its December 31, 2014 year-end, so Interest Receivable shall be 40,000*12%*5/12 = $2,000.  The journal entry to record the collection of the note and interest at its maturity date 30th April 2015 shall be as follows:


Account titles  Debit   Credit

Cash         $43,600

Interest receivable          $2,000

Interest Revenue                  $1,600

Notes Receivable                 $40,000

(Being notes receivable collected on its maturity date)

(Note: The interest revenue is calculated for the period of Jan. 1, 2015 to April 30, 2015 = 40,000*12%*4/12 = $1,600)


8 0
3 years ago
Consider+a+standard+mortgage+(360+months)+with+monthly+payments+and+a+nominal+rate+of+5.70%.+what+portion+of+the+payments+during
krek1111 [17]

Standard mortgage (360 months) with monthly payments and a nominal rate of 5.70%. The portion of the payments during the first 30 months goes toward interest is 80.53%

Interest portion means the quantities of each of the payments within the column inside the agenda attached to the acquisition agreement special “interest,” denominated as and comprising hobby pursuant to the purchase settlement and obtained with the aid of any owner.

To find the portion of the payments during the first 30 months that goes toward interest follow the following steps:

Let's assume the mortgage amount is 10,00,000

Computation of monthly installment

FV   0

PV   -1,00,000

I       5.70% / 12 = 0.4750%

N     360

Computation of loan value at 30th payment

PV      -1,00,000

PMT    $580.40

I           0.4750%

N          30

Compute FV  = $96,610.23

Total interest ( 580.40 * 30 - (1,00,000) ) = $14,022.24

Total payment ( 580.40 * 30 ) = $17,412.01

Interest as % of total payment = Total interest  / Total payment

Interest as % of total payment = 80.53%

A mortgage is a settlement between you and a lender that allows you to borrow cash to purchase or refinance a domestic and gives the lender the proper to take your property if you fail to pay off the money you have borrowed.

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