1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mestny [16]
3 years ago
6

Melody decides to spend 3 hours working overtime rather than going to the park with her friends. She earns $20 per hour for over

time work Her opportunity cost of working is
Business
1 answer:
Sedaia [141]3 years ago
5 0

Answer:

C) the enjoyment she would have received had she gone to the park.

Explanation:

Opportunity costs are the costs (or benefits lost) from choosing one activity (or investment) over another activity (or investment).

Since our resources are scarce, and time is one of the most scarce resources, we cannot do two completely different things at the same time. Melody has to choose between going to the park or going to work. If she decides to go to the park, her opportunity cost will be the money she could have earned working. But since she decided to go to work, her opportunity cost is the enjoyment she could have received by spending time on the park.

You might be interested in
Jack, Jill and Maritza are employed as sales persons for Deuce Hardware Supplies. None was hired for a definite period and each
Natali [406]

Answer:

Jack has claim while Jill didn't have.

Explanation:

Jack has claim against Deuce Hardware because his performance is tremendous and make more sales for the company. He done his work very well so he can claim against Deuce Hardware Supplies while on the other hand, Jill has no claim against Deuce Hardware because he commit a crime on the basis of which the company has the authority to terminate him from the job. He works very well in the company but his crime is big enough to terminate him.

5 0
2 years ago
Joker stock has a sustainable growth rate of 7 percent, ROE of 10 percent, and dividends per share of $1.20. If the P/E ratio is
belka [17]

Answer:

P/E ratio = <u>Market price per share</u>

                Earnings per share

15 = <u>Market price per share</u>

       $4

Market price per share = 15 x $4 = $60

Growth rate = Retention rate x ROE

0.07 = Retention rate x  0.10

<u>0.07</u> = Retention rate

0.10

Retention rate = 0.7 = 70%

Dividend pay-out ratio = 100% - 70%

Dividend pay-out ratio = 30%

Earnings per share = 100/30 x $1.20 = $4

Explanation:

In this case,  we will apply the formula of price-earnings ratio, which is market price per share divided by earnings per share. The P/E ratio was given while the earnings per share is derived. The market price per share becomes the subject of the formula.

In order to determine the earnings per share, we need to obtain the retention ratio by applying the formula of growth rate. In this case, growth rate and ROE were provided in the question with the exception of retention rate. Thus,  the retention rate is made the subject of the formula.  Having obtained the retention rate, we will now obtain the dividend payout ratio which is 100% minus retention rate.

Then, we will obtain the earnings per share by dividing 100 by the pay-out ratio multiplied by the dividend per share.

8 0
3 years ago
Neuman Corporation Convertible Bonds The following data apply to Neuman Corporation's convertible bonds: Maturity: 10 Stock pric
Natalija [7]

Answer:

A. The bond’s conversion ratio is 28.57

B. The bond’s conversion value is $857.14

C. The bond’s straight debt value is $798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

Explanation:

A. In order to calculate the bond’s conversion ratio we would have to calculate the following formula:

bond’s conversion ratio=par value/conversion price

According to the given data:

par value=$1,000

Conversion price=$35

Therefore, bond’s conversion ratio=$1,000/$35

bond’s conversion ratio=28.57

B. To calculate the bond’s conversion value we would have to make the following calculation:

bond’s conversion value=bond’s conversion ratio*Stock price

bond’s conversion value=28.57*$30.00

bond’s conversion value=$857.14

C. To calculate the bond’s straight debt value we would have to calculate the following formula:

bond’s straight debt value=PV(0.08,10,50,1,000)

bond’s straight debt value=$798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

7 0
2 years ago
Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash
Misha Larkins [42]

Answer:

A-2 Ratio of real Assets to Total Assets = 0.3

B-2 Ratio of real Assets to Total Assets= 1

C-2 Ratio of real Assets to Total Assets= 0.2

The company has low ratio at the start , increases to full when producing and then again decreases.

Explanation:

The balance sheet after Lanni accepts the Bank Loan. The cash increases and so does the liability increases.

Lanni Products

Balance Sheet

Assets                                                Liabilities & Shareholders' Equity

Cash $ 70,000                                      Bank loan $ 50,000

<u>Computers $30,000                             Shareholders' equity 50,000</u>

<u>Total $      100,000                                                           Total $ 100,000</u>

<u />

A-2 Ratio of real Assets to Total Assets

Real Assets = $ 30,000

Total Assets = $ 100,000

Ratio = 30,000/100,000 = 0.3

B-1

Lanni Products

Balance Sheet

Assets                                                Liabilities & Shareholders' Equity

Software $ 70,000                                      Bank loan $ 50,000

<u>Computers $30,000                             Shareholders' equity 50,000</u>

<u>Total $      100,000                                                           Total $ 100,000</u>

<u />

The software costs $ 70,000. The Balance sheet is as given above and the cash will be replaced by the software.

B-2  Ratio of real Assets to Total Assets

Real Assets = $ 100,000

Total Assets = $ 100,000

Ratio = 100,000/100,000 = 1.0

C-1 The share given are calculated ( 1500 *80= $ 120,000) . And after it accepts the payment the share holder's equity increases and the assets as well.

Lanni Products

Balance Sheet

Assets                                                Liabilities & Shareholders' Equity

Shares  $ 120,000                                      Bank loan $ 50,000

( 1500 *80)

<u>Computers $30,000                             Shareholders' equity 100,000</u>

<u>Total $      150,000                                                           Total $ 150,000</u>

C-2 Ratio of real Assets to Total Assets

Real Assets = $ 30,000

Total Assets = $ 150,000

Ratio = 30,000/150,000 = 0.2

6 0
3 years ago
Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
Pavel [41]

Answer:

The amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

Explanation:

For computing the account receivable balance for the august month, the following adjustment is required which is shown below:

= August sales × credit sale percentage

where,

August sale is $200,000

And, the credit sale percentage is 75% because 25% is cash sale and the remaining 75% is a credit sale

So,

the accounts receivable would be equals to

= $200,000 × 0.75

= $150,000

Hence, the amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

4 0
3 years ago
Other questions:
  • In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been
    9·1 answer
  • Fitness is a magazine for women about health and exercise. Fitness offers year subscriptions for $12 on their website. Jess, Ani
    7·2 answers
  • Amanda wants to become an industrial designer. She wants to learn this specialized skill from an expert in this industry by work
    13·2 answers
  • If the CEO of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager),
    15·2 answers
  • Determining whether to raise or lower the Federal Funds Rate is a responsibility of __________.
    6·1 answer
  • Smarty Pants Company sells two products, green camouflage pants and orange camouflage pants. Smarty Pants predicts that it will
    11·1 answer
  • A property is sold for $150,000 with the buyer agrees to assume an existing loan of $98,000 and executing a second note and deed
    7·1 answer
  • Which of these is true about the cash cow?
    6·1 answer
  • Stroome, the focus on the opening feature for Chapter 6, has developed a new Web-based service for editing and remixing video. S
    11·1 answer
  • A good leader should have a positive outlook. Please select the best answer from the choices provided OT F​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!