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3 years ago

The opportunity cost of a choice is:

Business

1 answer:

andrew-mc [135]3 years ago

6 0

Answer:

The correct answers are letters "A", "B", "C", and "D".

Explanation:

Opportunity Cost is what a person sacrifices when they choose one option over another. It is calculated subtracting the return of the chosen option minus the return of the option left behind. It is imperative to consider the period in which the calculation is made because it can determine if the decision taken was the best or not.

In some cases, the opportunity cost can be positive or negative. Opportunity cost can also be defined as the value of the opportunities forgone or the net value (option forgone minus option dismissed) of the opportunities obtained.

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For Gee-Whiz Devices calculate the following: working capital, current ratio, and acid-test ratio Gee-Whiz Devices Balance Sheet

Zarrin [17]

Answer:

1. Working Capital

= Current Assets - Current Liabilities

= ( Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) - ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) - ( 315,000 + 90,000)

= $98,000

2. Current Ratio

= Current Assets/ Current Liabilities

= ( Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) / ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) / ( 315,000 + 90,000)

= 1.24

3. Quick Ratio

= (Current Assets - Inventory) / Current Liabilities

= ( 100,000 + 45,000 + 150,000 + 8,000) / ( 315,000 + 90,000)

= 0.75

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3 years ago

Explain the differences between active and passive income. Which do you think is easier from an owner's standpoint, and why?

stellarik [79]

Answer:

Passive income is money earned on an investment, or work completed in the past that continues to make money without any additional effort. Active income, on the other hand, is money earned in exchange for performing a service. I would think active income is easier because it allows you to earn an income quickly and consistently. Passive income can take years to build.

Explanation:

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3 years ago

A portfolio to the right of the market portfolio on the CML is: Group of answer choices a lending portfolio. an inefficient port

cluponka [151]

Answer:

a borrowing portfolio.

Explanation:

A borrowing portfolio is a portfolio to the right of the market portfolio. It is on the right half of the line. It shows that an investor can purchase the market portfolio and still borrow money so as to purchase more.

CML is known as the the capital market line. It shows the most advantageous portfolios that are a combination of risk and return.

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4 years ago

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Marizza181 [45]

This is a true statement if that's what you were looking for

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3 years ago

The interest cost component of NPPBC is the_______________.

san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

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3 years ago

Read 2 more answers