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3 years ago

Complete the sentence.

Business

2 answers:

valentina_108 [34]3 years ago

5 0

Answer:

Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a

savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by

saving the money. The lost interest is the opportunity cost cost of spending money now.

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has two options:

1. Spending the money

2. Save the money

Once the money is spending the opportunity costs is generated and it is measure by the interest rate lost for not keeping the money in a savings account that will generate an interest rate known as APY Annual Percentage Yield.

Lelu [443]3 years ago

3 0

Answer:

Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by saving the money. The lost interest is the opportunity cost of spending money now.

Explanation:

#platofam

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Answer:

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3 years ago

Antoine recently received an email from a fraudulent organization that sought his personal financial account information. Recogn

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Answer:

The answer is: Phishing

Explanation:

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2 years ago

Kasravi Co. had net income for 2018 of $800,000. The average number of shares outstanding for the period was 300,000 shares. The

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Explanation:

Based on the information given in the question, the outstanding diluted share will be calculated as:

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= 300000 + 15000(0.16667)

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= 302500

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= $800,000 / 302,500

= $2.64

ANSWER = (c) $2.64

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2 years ago