1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ruslelena [56]
3 years ago
14

Your aunt is thinking about opening a hardware store. She estimates that it would cost $300,000 per year to rent the location an

d buy the stock. In addition, she would have to quit her $45,000 per year job as an accountant. What is the opportunity cost of something
Business
1 answer:
oksano4ka [1.4K]3 years ago
7 0

Answer:

Opportunity cost = $345,000

Explanation:

Given:

Total investment = $300,000

Give up job revenue = $45,000

Opportunity cost = ?

Computation of opportunity cost:

Opportunity cost refers to the price we are willing to lose to get something.

Opportunity cost = Total investment + Give up job revenue

Opportunity cost = $300,000 + $45,000

Opportunity cost = $345,000

You might be interested in
Bic pens have been on the market for a long time, so the company now uses ________ advertising to motivate previous customers to
Likurg_2 [28]

Because the Bic pens have been on the market for a long time, they uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase.

<h3>What is a reminder advertising?</h3>

This is a type of advert that aims to remind the existing audience that the firm's product or service is available.

Therefore, the companies uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase because it is less expensive than an elaborate advertisement.

Read more about reminder advertising

<em>brainly.com/question/9938991</em>

3 0
2 years ago
Blossom Corporation has provided the following data concerning its most recent month of operations. Show your work for full cred
Mila [183]

Answer:

Unitary production cost= $94

Explanation:

Giving the following information:

Variable costs per unit:

Direct materials $ 38

Direct labor $ 53

Variable manufacturing overhead $ 3

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead). Variable selling and administrative expense is a period cost. </u>

Unitary production cost= 38 + 53 + 3

Unitary production cost= $94

7 0
3 years ago
Edwards Farm Products was unable to meets its financial obligations and was forced into using legal proceedings to restructure i
AVprozaik [17]

Answer:

D. reorganization 

Explanation:

Reorganization Is when a bankrupt business restructures itself so that it can continue as a viable business. It involves restating the assets and liabilities of the firm.

A merger is when two companies come together to form a single company.

Liquidation is when the assets of a company are distributed to creditors. It marks the end of a business.

A divestiture is when assets or parts of a business is either sold or exchanged.

A repurchase is when the shares of a company are bought back from shareholders by the firm.

I hope my answer helps you.

4 0
3 years ago
A project manager for a large manufacturing concern is working on a project that calls for a building to be constructed to house
icang [17]

Answer:

Most likely D

Explanation:

5 0
3 years ago
A municipal bond is purchased at a discount. Over the course of the life of the bond, the book value is increased while the cust
jasenka [17]

Answer:

C) This is referred to as accretion of the security.

Explanation:

The security is amortized when the principal and interest is employed in paying down the debt.

6 0
3 years ago
Other questions:
  • Gross domestic product is the total market value of all final goods and services produced during a period of time.
    13·1 answer
  • Is there a difference in the average donation given in Presbyterian vs Catholic church on Sundays? The 41 randomly selected memb
    13·1 answer
  • The price of a new computer game has demand of 3,000 units at $50 and 2,500 units at $60. Calculate the Price Elasticity of Dema
    14·1 answer
  • Google this for me: What is business management?
    15·1 answer
  • A company reported total stockholders' equity of $340,000 on its balance sheet dated December 31, 2018. During the year ended De
    7·1 answer
  • Assume that by continuing your education, you increased your yearly earning potential from $21,484 to $39,746. If the additional
    11·1 answer
  • Explain the debtor-creditor relationship.
    13·2 answers
  • 3M Co. reports beginning raw materials inventory of $902 million and ending raw materials inventory of $855 million. 3M purchase
    15·1 answer
  • Major retail firms such as Walmart have used data mining to customize the product offerings for each store.
    10·2 answers
  • retirement plans play a key role in making a company competitive in the marketplace because they help the employer to attract an
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!