Any value given up from not going to the movies is the <u>"opportunity cost".</u>
Opportunity costs represent the advantages an individual, speculator or business passes up while picking one option over another. While money related reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on taught choices when they have various alternatives previously them. Since they are concealed by definition, opportunity expenses can be neglected in the event that one isn't cautious. By understanding the potential botched chances one renounces by picking one venture over another, better choices can be made.
The amount of the bad debts expense adjusting entry is:$7665.
<h3>Bad debt expenses</h3>
Using this formula
Bad debt expenses=Sales×Estimated sales percentage
Where:
Sales=$1,095,000
Estimated sales percentage=0.7%
Let plug in the formula
Bad debt expenses=$1,095,000×0.7%
Bad debt expenses= $7,665
Therefore the amount of the bad debts expense adjusting entry is:$7665.
Learn more about bad debt expenses here:brainly.com/question/18568784
#SPJ1
Answer:
Send an e-mail to all employees
Explanation:
Answer: support level
Explanation:
The support level and the resistance levels are used by analysts for the identification of price points on a chart where a pause or reversal of the prevailing trend is being favored by the probability.
The support level occurs in a scenario whereby there'll a pause of a downtrend because of the concentration of demand. Therefore, in this case, the $43 price may be considered the support level.
