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Bas_tet [7]
3 years ago
15

You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon

g practice and go to the local carnival instead, which has an admission fee of $9. The total cost (valued in dollars) of skipping practice and going to the carnival (including the opportunity cost of time) is
Business
1 answer:
Scrat [10]3 years ago
6 0

Answer:

$22

Explanation:

The total cost of skipping practice and going to the carnival will be computed by adding the forfeited earnings from practice plus the carnival admission fee.

Total cost = $13 + $9 = $22.

Therefore, if the practice had not been skipped and the carnival not attended, $22 would have been saved.

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Match the type of teams to the scenario that portrays each of them.
gavmur [86]

Matching the type of teams to the best scenarios that portray them will be as follows:

Types of Teams                   Portraying Scenarios

Traditional work teams       <em>C. At Tina's workplace, ...</em>

Flexible work teams            <em>A. Sara loves working ...</em>

Self-managed teams           <em>B. At Sam's workplace, ...</em>

Lean production teams      <em>D. Roy and his team members ...</em>

The characteristics of teams are enumerated below:

  • Traditional work teams: individuals have shared processes and goals.
  • Flexible work teams: there is greater flexibility in the working pattern.
  • Self-managed teams: individuals are focused on their different objectives.
  • Lean production teams: make quick decisions that benefit the company.

Thus, various work teams can be instituted, with each type achieving specific purposes.

Learn more about work teams at brainly.com/question/18122514

3 0
2 years ago
Flipco signed a 10​-year note payable on January​ 1, 2018​, of $ 800, 000. The note requires annual principal payments each Dece
kirill115 [55]

Answer:

A. a debit to Interest Expense for $ 36, 000

Explanation:

Based on the information given we were told that Flipco has note payable on January​ 1, 2018, of the amount of $800,000 and on December 31 we were told that the loan requires annual principal payments of the amount of $80,000 in addition with 5​% interest. This means that the Journal entry to record the transaction on December​ 31, 2019​ will includes a Debit to interest expense for $36,000 calculated as :

Interest expense= $800,000-$80,000

Interest expense=( $720,000* 5%* 12/12)

Interest expense =$36,000

Therefore the Journal entry to record the annual payment on December​ 31, 2019​ will includes :

A Debit to interest expense for $36,000

7 0
3 years ago
Which one of the following represents the minimum rate of return a firm must earn on its assets if it is to maintain the current
FinnZ [79.3K]

Answer:

B. Weighted average cost of capital

Explanation:

The Weighted average cost of capital is abbreviated as the WACC. It is the weighted average of cost of common equity, cost of preferred equity and aftertax cost of debt. For a company to have a breakeven in returns, they need to earn a minimum rate of return on its assets which is equivalent to the weighted average cost of capital(WACC) making choice B correct.

5 0
2 years ago
As a component of real estate value, the principle of substitution states that
k0ka [10]

Answer:

a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.

Explanation:

The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.

3 0
3 years ago
The workers of Tight Footing, a tile manufacturing plant, wanted a raise. However, the management did not want to give the worke
AveGali [126]

Answer:

Soldiering

Explanation:

The principles of scientific management describes how productivity should be carried out in a work place and the different methods and strategies to be applied to ensure smooth and maximum productivity.

Scientific management involves four principles, they include:

1) Viewing a job thoroughly to determine the best way in which the work will be carried out by devising unique methods and approach.

2) Employing and training the right set of individuals to perform the job.

3) Monitoring the performance of the workers.

4) Carrying out a system of division of labour between the management and the workers.

Soldiering can be described as a situation in which workers deliberately carry out their activities below their capacity.

4 0
3 years ago
Read 2 more answers
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