Answer:
He will forego 'job at a large well-established financial services company'
Explanation:
Pete's opportunity cost of 'joining band' is - 'job at huge financial service company'.
Opportunity cost is the cost of next best alternative foregone while choosing an alternative.
Eg: If I like rice & noodles, opportunity cost of eating rice is the other best option i.e noodles.
Similarly: Pete having 2 options of following Music or Finance; deciding to join band - has opportunity cost as the other option i.e 'job at huge financial service company'
Answer:
bread and jam must be together
Explanation:
when we buy bread we also need the jam, so, if bread was rises jam must follow the bread price..it is because we dont just buy bread..
The main function of a service business is the delivery of value to the customer.
- A service business is made up of experts who help in the delivery of a particular work. Examples of service businesses include food service, transportation, retail, distribution etc.
- It should be noted that every business wants to make a profit. Profit is important in order to grow the business. Despite the profit making motive of businesses, some businesses are more concerned with how to retain their customers.
In conclusion, it should be noted that the retaining of customers are vital in brand loyalty and the growth of the business.
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Answer:
See below
Explanation:
a. Earnings per share
= After tax earnings / Number of common shares outstanding
= $3,000,000 / 761,000
= $3.9 per share
b. Assuming that a share of Bozo Oil's company has a market value of $40, then, the firm's price earning ratio would be:
= Common stock market value / Earnings per share
= $40 / $3.9
= 10.26
c. The book value of a share of Bozo Oil's common stock
Book value = (Assets - Liabilities) / Number of shares outstanding
= ($15,000,000 - $9,000,000) / 761,000
= $6,000,000 / 751,000
= $7.88