Answer:
opportunity cost = $85
Explanation:
given data
game ticket costs = $20
parking cost = $15
Ed earns = $10 an hour
time = 5 hour
solution
first we get here opportunity cost for 5 hour on game that is
so Ed earns for 5 hour is = $10 × 5 = $50
so here opportunity cost will be
opportunity cost = Ed earns + parking cost + game ticket costs ............1
put here value and we get
opportunity cost = $50 + $15 + $20
opportunity cost = $85
Answer:
Land 594,500
Explanation:
We must include all cost necessary to acquire the land and lelave it ready to use.
But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.
Acquisition cost 550,000
broker commission 35,000
title insurance 2,500
closing cost <u> 7,000 </u>
Total cost 594,500
Answer:
Gene's Gloves was given the right to dump 5,000 gallons of harmful chemicals. It will need to spend $10,000 ($1 per gallon x 10,000 gallons) to substitute harmful chemicals for harmless chemicals in order to keep working.
Wally's Wallet was also given the right to dump 5,000 gallons of harmful chemicals. It will need $60,000 ($3 per gallon x 20,000 gallons) to treat those chemicals and turn them harmless in order to keep working.
If Gene can sell its right to dump 5,000 gallons to Wally, for a price higher than $5,000 but lower than $15,000, both companies would win:
Gene would spend $15,000 in harmless chemicals but it would have between $5,001 and $14,999 in revenue from the selling of "pollution rights".
Wally will spend $45,000 in treating harmful chemicals but it will have to pay Gene between $5,001 and $14,999 for buying their "pollution rights".
Answer:
$708,750
Explanation:
The computation of the amount spend is shown below:
But before that first determine the number of shared needed which is
= (Shares of stock × number of seats) ÷ (total number of seats + 1) + 1
= (175,000 shares × 1) ÷ (3 + 1) + 1
= 43,750 + 1
= 43,751 shares
Now the cost is
= (43,751 shares - 10,000 shares) × $21
= $708,750
