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andrew-mc [135]
3 years ago
14

The opportunity cost of an item is a. what you give up to get that item. b. usually less than the dollar value of the item. c. t

he number of hours needed to earn money to buy the item. d. the dollar value of the item.
Business
1 answer:
Jobisdone [24]3 years ago
6 0

Answer: a

Explanation:

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them.

Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

Opportunity cost analysis also plays a crucial role in determining a business's capital structure. While both debt and equity require expense to compensate lenders and shareholders for the risk of investment, each also carries an opportunity cost. Funds used to make payments on loans, for example, are not being invested in stocks or bonds, which offer the potential for investment income. The company must decide if the expansion made by the leveraging power of debt will generate greater profits than it could make through investments.

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My friend texted my “Can u ft” What does ft mean?
kaheart [24]

Answer: Ft means FaceTime.

Explanation: It makes me write at least 20 words so I have to ramble on. But if she asks to Ft she’s asking to FaceTime. Aka video call

5 0
4 years ago
Read 2 more answers
Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first​ quar
ki77a [65]

Answer:

C. The actual variable overhead costs were lower than the budgeted costs.

Explanation:

Variable Overhead Cost variance =Budgeted cost - Actual Cost

where this value is positive, this is favorable, where this is negative it is unfavorable.

Actual cost = Actual hours X Actual rate per hour

Budgeted Cost = Budgeted hours for actual level of production X Budgeted rate per hour

Even if actual hours are lower than budgeted it will not lead to favorable overhead as actual rate per hour might be less.

Total variable overhead will only be favorable when net actual variable overhead cost is less than budgeted variable overhead costs.

C. The actual variable overhead costs were lower than the budgeted costs.

6 0
4 years ago
A consumer advocacy group challenges a firm's decision to build a new warehouse in a small community. the advocacy group is an e
Naddika [18.5K]
The answer to this question is citizen-action
Citizen-action public refers to the situation where citizens started to question or challenge the decision/policies made by a certain company.
Usually, this type of action is cause when the citizens feel that the decision/policies will negatively affect their community.
5 0
3 years ago
An improvement made to a machine increased its fair market value & production capacity by 25% without extending the machine'
yulyashka [42]

Answer:

c) capitalize in the machine account

Explanation:

Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine

So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account

Hence, the option c is correct                    

3 0
3 years ago
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
fredd [130]

$4.40 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)

where,

Net income is $640,000

Preference dividend is $72,000

And, the weighted average number of share is

= 120,000

6 0
3 years ago
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