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coldgirl [10]
3 years ago
11

Paula has the following information to evaluatelong dashher current salary of $ 55 comma 000 versus total revenues of $ 120 comm

a 000 and expenses of $ 79 comma 000 from starting a new business. How much is the opportunity cost associated with starting the new​ business?
Business
1 answer:
stepan [7]3 years ago
3 0

Answer:

$55,000

Explanation:

The opportunity costs corresponds to the benefits an investor loses when opting for one alternative over another. In this case, assuming Paula has to quit her job in order to start the new business, the opportunity cost is her current salary since this is the only "benefit" she would miss by starting the new business. Therefore, the opportunity cost is $55,000.

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D.

Explanation:

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3 years ago
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In 2005, ABC Company issued $100,000 of 20-year bonds at face value. Ten years later, in 2015, the company retired the bonds ear
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Answer:

b. debit to Loss on Bond Retirement of $1,000.

Explanation:

Options are "<em> A.  credit to Gain on Bond Retirement of $1,000.  B.  debit to Loss on Bond Retirement of $1,000.  C.  debit to Bonds Payable of $101,000.  D.  credit to Cash of $100,000."</em>

<em> </em>

When a bond is retired before maturity a gain or loss may arise. In such case if the price paid to retire the bonds is greater the carrying amount of bonds then the company need to record a loss on retirement in the book. On the other hand if the price paid is less than the carrying amount of the bonds at retirement, then the company records a gain on retirement of bonds.

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3 years ago
A department had 65 units which were 20% complete in beginning Goods in Process Inventory. During the current period, 77 units w
Rina8888 [55]

Answer:

The correct answer is C. 100

Explanation:

Data

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Units added ?

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Equivalent Units in production

Beginning WIP (% to complete) +Started and completed+Ending WIP

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Started and completed 42

Ending WIP                     6 (30 x 20%) (20% complete in this period)

Total  =52+42+ 6= 100

4 0
4 years ago
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Answer:

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6 0
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