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Verizon [17]
3 years ago
8

Lauren makes $150 a day as a bank clerk. she takes two days off work without pay to fly to another city to attend the concert of

her favorite band. the cost of transportation and lodging for the trip is $250. the cost of the concert ticket is $50. the opportunity cost of lauren's decision to attend the concert is
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0
The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
Finally, add the cost of the concert ticket: $550 + $50 = $600

The opportunity cost of Lauren's decision to attend the concert is $600.
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The most important benefit of celebrating partnership success by ""telling your story"" is that it: A. Establishes connections b
stira [4]

Answer:

the most suitable answer is A. Establishes connections between critical infrastructure owners and operators and government organizations at all levels.

Explanation:

Telling your success story boosts your company name and achievements which will attract the public interest and investor attention. If you have a success story, you must share it with the world using various channels such as social media, you-tube, your website, newspaper and if possible, electronic media such as TV and radio. This way, your company will be more visible to potential investors.  

4 0
3 years ago
Read 2 more answers
Roberts, which began business at the start of the current year, had the following data:Planned and actual production: 40,000 uni
UkoKoshka [18]

Answer:

Gross margin = $166,500

so correct option is C. $166,500

Explanation:

given data

Planned and actual production = 40,000 units

Sales = 37,000 units @ $15 per unit

Production costs

Variable = $4 per unit

Fixed = $260,000

Selling and administrative costs

Variable = $1 per unit

Fixed = $32,000

to find out

gross margin that the company would disclose on an absorption costing income statement

solution

we get here sale that is

Sales = 37000 ×  $15

sales = $555,000

and

cost of good sold is

cost of good sold is = variable cost per unit + fixed cost per unit

cost of good sold is = 4  + \frac{260000}{40000}

cost of good sold is = 10.5

so total cost of god sold = 37000 × $10.5

total cost of god sold = $388500

so Gross margin is here

Gross margin =  $555,000 - $388500  

Gross margin = $166,500

7 0
2 years ago
What is it called where consumers react to rising prices by consuming less of a good and more of it's competitors?
adelina 88 [10]

Answer:

Substitute Effect

Explanation:

When a product's price increases, it becomes relatively expensive compared to its alternatives. The high price will encourage consumers to choose other goods that are relatively cheaper. Consequently, the price increase reduces the demand for the product while increases the demand for its substitutes.

The substitution effect describes how consumption is affected by an increase or a decrease in a product's price.

6 0
3 years ago
You expect to receive $20,000 at graduation one year from now. you plan on investing it at 6 percent until you have $100,000. ho
Free_Kalibri [48]
The answer will be $120,000
4 0
3 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

8 0
3 years ago
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