Answer:
The correct answer is: $60.
Explanation:
Opportunity Cost is what a person sacrifices when they choose one option over another. It is also defined as the revenue of the chosen option over the revenue of the option that was forgone. It represents what was left on the table for deciding taking one option over another.
In Ben's case, the opportunity cost of going to the event represents what he could have earned working for three hours (<em>$10 x 3 = $30</em>). However, as he will have to pay for the event, he will lose $30 for the event ticket. Then, the total opportunity cost of going to the event is:
$30 + $30 = $60
Answer:
B) Children’s clothing only
Explanation:
cost of the expansion $148,000
three mutually exclusive projects:
- NPV $221,000 for children’s clothing ≥ $148,000 (initial investment)
- NPV $178,000 for exclusive gifts ≥ $148,000 initial investment
- NPV $145,000 for decorator items ≤ $148,000 initial investment
The projects whose NPV is positive should be considered (this eliminates decorator items)
Since the projects are mutually exclusive, only one can be chosen. So the project with the highest NPV is the best project for the store ⇒ children's clothing
<span>It is not important to always have a health insurance or to be employed in order to see the doctor.
There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.
In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.
The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
Conversion cost is defined as the sum of direct labor costs and manufacturing overhead costs. It is the manufacturing cost needed to convert raw materials to a product. From the information given above, the conversion cost is the summation of direct material costs, direct labor costs and factory overhead costs.
$3000,000 + 7,000,000 + 5,000,000 = 15,000,000
Therefore, the conversion cost is $15,000,000.
An investment is an asset or object received with the aim of producing earnings or appreciation. Appreciation refers to a boom in the value of an asset over the years.
That in shape is loose cash and a guaranteed go-back on your funding. you could start with as low as 1% of each paycheck, though it is an excellent idea to intention for contributing at least as a great deal as your business enterprise match. for instance, a not-unusual matching association is 50% of the first 6% of the profits you contribute.
Investors are understandably cautious. record-high inflation and back-to-back interest rate increases have all triggered volatility. The S&P 500 briefly fell into a undergo market on May 20, again on June 13, and for a 3rd time in September. however, all of that also shouldn't mean sitting out of the marketplace.
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