Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
1. Time spent away from family is an implicit cost.
2. Transportation is an explicit cost
3. Forfeited working experience is an implicit cost
4. Books and materials is an explicit cost
5. Forgone earnings are an implicit cost
Explanation:
A college is an educational institution that provides opportunities for higher learning and specialized professional training. A decision to go to college should be conscious one that takes into consideration all the important aspects. The most important consideration is the cost of education, since attending college is usually an expensive proposition. One needs to consider the different costs that they will meet, whether implicitly or explicitly. Lets us consider the following implicit and explicit costs as shown;
1. Implicit cost: an implicit cost is a cost incurred without necessarily spending money. They are more of an opportunity cost that is calculated from the alternatives undertakings that one has sacrificed. An implicit cost is not an accounting cost but an economical cost that tends to consider options that are not actual expenditures. They are; time spent from family, forfeited working experience and forgone earnings. These are actually items that one sacrifices when he/she decides to go to college. Time spent from family is an implicit cost since one will spend most of his or her time in college. Attending college also means that one wont be able to go for a job and get some working experience while earning, therefor this is also an implicit cost. Explicit cost are determined by estimating the value of the activity sacrificed.
2. Explicit costs: an explicit cost is a type of accounting cost that needs one to actually spend money. It is an out of pocket cost where one has to use money to purchase a good or service. Examples are Books and materials. College students are often required to purchase specific books and materials for study. Transportation is also a cost that requires one to spend on bus fare or even cab fare to and from college. These are costs that require one to actually use money.
Answer:
how is your day going I am the cootie man how is your day going on in the Gucci mane how
Explanation:
dd
There are three main credit bureaus (also known as credit reporting agencies) servicing the United States: Trans Union, Equifax and Experian. Each bureau is independent and a competitor of each other. Because of this there could be differences between the reports of the three credit bureaus.
Answer: D. Select an appropriate transformation process for analysis
Explanation: A flow chart also known as a flow diagram is a schematic representation of how the different stages in a process are interconnected in sequential order. flowchart is a picture of the separate steps of a process in sequential order. It can be adapted for a variety of purposes including manufacturing, administrative, services processes or project plans. The first step in flowcharting is to select the appropriate transformation process for analysis. This involves defining the processes to be diagrammed, discussing and deciding its boundaries or limits: where it would start, where it would end etc. to drawing several major blocks that represent the most important steps in the process.
