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EleoNora [17]
3 years ago
9

You choose to complete your homework rather than watch television so that you can earn a good grade. You made the choice with th

e lowest
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0
<h2>You made the choice with the lowest "Opportunity cost".</h2>

Explanation:

Opportunity cost in simple terms, can be explained as "You get one by losing the other".

So why this opportunity cost is necessary? Let us understand.

This plays a significant role in "Personal finances". This is the effective part to be learnt to make decisions on finance.

Some of the real life examples are listed below:

  • Attending the interview is important than attending an entertainment event
  • Only if you spend time and money you can see a movie

"Theorie der gesellschaftlichen Wirtschaft" coined the word "opportunity cost".

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Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
3 years ago
Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
4 years ago
Read 2 more answers
The cost to lay off an employee is what percent of the hiring cost for that level?
Alexus [3.1K]

The cost to lay off an employee is what percent of the hiring cost for that level is 30-50 percent.

<h3>What is the cost of hiring?</h3>

Finding the ideal employee can be expensive in and of itself. Business consultant Bill Bliss, president of Bliss & Associates Inc., claims that the hiring process alone might have a number of high potential expenses.

These include the time spent advertising the position, the time spent by an internal recruiter, the time spent by the recruiter's assistant reviewing resumes and carrying out other tasks related to recruitment, the time spent by the person conducting the interviews, the time spent on drug tests and background checks, and the cost of various pre-employment assessment tests. Even a $8/hour employee might wind up costing a business $3,500 in turnover expenses, both direct and indirect. Not every new hiring will require the same procedure.

To know more about hiring cost visit:

brainly.com/question/28184721

#SPJ4

8 0
2 years ago
Which of the following statements is​ TRUE? A. Just because one firm receives a 3.20 overall rating and another receives a 2.80
ruslelena [56]

Answer: Option E: E.Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas is TRUE

Explanation:

Because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas.

The former firm received such high rating most times because of pedigree or experience or winning rate which does not judge it better than the latter firm in all areas.

5 0
3 years ago
Four effects of unemployment on an individual​
Oduvanchick [21]

Explanation:

<h3>The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...</h3>
6 0
3 years ago
Read 2 more answers
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