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Fudgin [204]
3 years ago
9

If Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of

$100,000 for tuition, $20,000 for room and board, and $2,000 for books. If she spends the two years working rather than attending college, she will pay a total of $18,000 for room and board, pay no intuition, and buy no books. Based on this information, Jane's economic cost of attending graduate school would be $175,000 if, over the two years, she could earn a total of:
Business
1 answer:
astraxan [27]3 years ago
5 0

Answer:

Her economic cost of attending college would be $175,000 if over the two years she could a total of $53,000.

Explanation:

Economic cost can be defined as the total cost of pursuing an endeavor including the opportunity cost. The opportunity cost is the cost of choosing one alternative over the other. The opportunity cost is usually considered by economists to determine the overall loss or profit one gains from picking one choice over the other. An economic cost is a kind of implicit cost that varies from organization to organization depending on different perspectives. In our  case, we need to compare the costs of attending college for two years with the cost of using the same two years working. This can be calculated as shown;

<em>Step 1: Determine Economic cost of attending graduate school</em>

The economic cost for attending college can be expressed as show;

E=T+R+B+O

where;

E=economic cost

T=tuition cost

R=cost for a room and board

B=books cost

O=opportunity cost

In our case;

E=$175,000

T=$100,000

R=$20,000

B=$2,000

O=unknown, to be determined

Replacing;

175,000=100,000+20,000+2,000+O

175,000=122,000+O

O=(175,000-122,000)=$53,000

The opportunity cost for attending college=$53,000. This means that she will sacrifice $53,000 if she decides to attend college.

Her economic cost of attending college would be $175,000 if over the two years she could a total of $53,000.

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You work for a company that has a form where people can request a free consultation. You want to create a list of people in your
klio [65]

Answer:

(A) Saved filters

Explanation:

Saved filters allow you to quickly view a segment of your database right from the contacts, companies, deals, or tickets dashboard. You can use any default or custom property in your HubSpot account to segment your contacts using saved filters. Contacts will be added or removed from saved filters automatically based on whether or not they currently meet the criteria you've set.

3 0
3 years ago
Adaptive selling and consultative selling are the two common types of the Blank______ presentation format.
Citrus2011 [14]

Adaptive selling and consultative selling are the two common types of the need-satisfaction presentation format.

<h3>What is adaptive selling and consultative selling?</h3>

Every person is unique, as are the circumstances surrounding the sale of any product. A selling technique that is used according to the situation that is all customized by involving or adapting to the customer's communication style is known as adaptive selling.

In the consultative selling technique, the focus of the salesman is not on the number of products that are being sold out. The main focus is on the availability of solutions that are tailored to the customer's needs. In this type of selling, a salesman learns more about a customer's needs in a better and more effective way.

Therefore, adaptive selling and consultative selling are the two common types of the need satisfaction presentation format.

Learn more about adaptive selling from here:

brainly.com/question/14264690

#SPJ1

7 0
1 year ago
What ethical standard is being violated when you tell a friend that the company you work for is going to report lower than expec
zhenek [66]

Answer:

Confidentiality

Explanation:

The Ethical standard of Confidentiality is one that demands an individual keeps information about a person or company out of public knowledge. It means that any information you have about a client or company that you work for is strictly meant to be between you and the company; no third parties. Information such as health details, company earnings, therapy session details, etc are examples of information meant to be kept confidential. A failure to keep confidentiality can result in legal action being taken against the erring individual.

Cheers

4 0
3 years ago
Ending total assets are $1,500,000, inventory turnover is 6.0 times, net sales are $8,000,000 and the asset turnover is 4.0 time
NARA [144]

Answer:

$2,500,000

Explanation:

Data provided

Ending assets = $1,500,000

Inventory turnover = 6.0 times

Net sales = $8,000,000

The computation of beginning total asset balance is shown below:-

Average total assets = $8,000,000 ÷ 4

= $2,000,000

Total assets = $2,000,000 × 2

= $4,000,000

Beginning assets  = Total assets - Ending assets

= $4,000,000  - 1,500,000

= $2,500,000

Therefore we applied the above formula

8 0
3 years ago
Read 2 more answers
Granite Company purchased a machine costing $128,000, terms 3/10, n/30. The machine was shipped FOB shipping point and freight c
Alborosie

Answer:

machine enter the accounting at <em> 138,210 dollars</em>

Explanation:

cost: 128,000 x ( 1 - 3%) = 124,610

shipping cost:                      2,800

installation cost:              <u>   10,800   </u>

total incurred cost

to leave the machine

ready for use:             <em>    138,210</em>

<em />

<em>The damge are expenses for the period as they arent a necessary cost to utilize the machine.</em>

<em>The company used the discount price over the list price as this is the atual cost incurred</em>

8 0
3 years ago
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