Answer:
1. lost wages from not working full time.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
A person usually has to decide between working and going to school.
If the person decides to go to school, the opportunity cost is the wages forgone .
Travel expenses, tuition, and books are the real costs of attending college .
I hope my answer helps you
$122,000 is Shulster's net income
To find the net income, subtract expenses and taxes from the gross income.
380,000 - 210,000 - 48,000 = 122,000
Answer:
Explanation:
a. Dr Cash 5,376,150
Cr Premium on bonds payable 376,150
Cr Bonds payable 5,000,000
b. Dr Interest expense 322,569
Dr premium on bonds payable 2431
Cr Cash 325,000
c. Dr Interest expense 322,423
Dr Premium on bonds payable 2577
Cr Cash 325,000
d. Dr Interest expense 322,269
Dr premium on bonds payable 2731
Cr Cash 325,000
Answer:
d. firm-specific strengths that allow a company to differentiate its products from rivals or achieve lower costs than rivals.
Explanation:
Competitive advantage refers to the ability of a country or a company to produce a good or service using fewer inputs compared to its rival. The company can manufacture a larger quantity of goods using the same amount of factors of production as others.
Distinctive competencies are unique skills, methods, and practices that increase the competitiveness of a business. They are the specials traits that give an organization an advantage over competitors in producing a particular good or service. Distinctive competence may be core skills, technology, or methodology that competitors cannot replicate easily.
<span>A) -$13. The reason being that, opportunity cost is the benefit that a person could have received, but gave up,in order to take another course of action, which in this case is skiing. And since his salary per 1 hour in the winter months is $13, skiing for one hour instead of working during that hour will cost him $13</span>