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DiKsa [7]
3 years ago
14

Jacinda quit her job as a blackjack dealer where she made $42,000 per year to start her own florist business. Her business expen

ses are $14,000 per year on rent, $21,000 per year on supplies, and $9,000 per year on part time help. As for her personal expenses, her apartment costs her $12,000 per year and her personal bills are an extra $6,000 per year. What is Jacinda's opportunity cost of running the business?
A) $104,000
B) $86,000
C) $62,000
D) $44,000
Business
1 answer:
daser333 [38]3 years ago
7 0

$14,000 rent

$21,000 supplies

$9,000 on plant time

The answer would be D. $44,000

because $14,000 + $21,000 + $9,000 = $44,000

The question is "What is Jacinda's opportunity cost of running the business?"

And that doesn't inculed her personally stuff.

I hope this helps, tell me if its wrong and I fix it. Have a good day!!

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The premium on a put option on the market index with an exercise price of 1050 is $9.30 when originally purchased. At expiration
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Answer:

The put payoff = $1,072 - $1,050 = $22  per share

Explanation:

The put payoff is simply the difference between the spot price and the exercise price.

To determine the real profit obtained in this transaction we would need to know the investor's return rate. One of the basic pillars in finance it that $1 today is worth more than $1 tomorrow. We need a return rate to adjust the premium paid, for example if the return rate = 6%, then the premium would have been $9.30 x (1 + 6%/12)² = $9.30 x 1.005² = $9.39

profit = number of shares x (put payoff - adjusted premium)

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4 years ago
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in th
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7 0
3 years ago
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national savings is equal to the sum of private savings and public savings. to make our notation a bit easier, we will call nati
slamgirl [31]

Here, public savings = $1.05 billion and private savings = $3.15 billion

It is calculated as follows:

Total savings, S = $4.20 billion

We know: S = V+U

It means National Savings = Private savings + Public savings

Here:

V = private savings , U = public savings and

Private saving, V = 0.75 × S

 = 0.75 × $4.20 billion

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And, the public savings will be = National savings - private savings

= $4.20 billion - $3.15 billion

= $1.05 billion

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3 0
2 years ago
Midyear on July 31st, the Chester Corporation's balance sheet reported:
erastova [34]

Answer:

$76.856 million

Explanation:

As we know that Balance sheet is divided in two portions.

1. Total Assets (Current Assets + Fixed Assets)

2. Total Liabilities and Share Holders' Equity.

and they both should be equal. So we can write from the above information, as:

Total Assets = Total Liabilities + Total Common Stock + Retained Earnings

N.B. We are excluding Cash from our calculation cause we assume that Cash is already been included in Total Assets.

Hence, by putting the values in above equation we can find our Retained Earnings as:

Retained Earnings + $128.230 million + $6.350 million = $211.436 million

Retained Earnings + $134.58 million = $211.436 million

Retained Earnings = $211.436 million - $134.58 million

Retained Earnings = $76.856 million

6 0
3 years ago
_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t
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Answer:

Diversification

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The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.

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