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 commission charged to a customer to effect a securities transaction <u>must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction</u>.
A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.
Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.
If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.
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Answer:
1) January 1, 2020
Dr Cash 200,000
Cr bonds payable 200,000
July 1, first coupon payment
Dr Interest expense 4,500
Cr Cash 4,500
December 31, fourth coupon payment
Dr Interest expense 4,500
Cr Interest payable 4,500
2) June 1, 2020
Dr Cash 104,000
Cr Bonds payable 100,000
Cr Bond interest payable 4,000
July 1, first coupon payment
Dr Interest expense 2,00
Cr Cash 2,000
December 31, accrued interest expense
Dr Interest expense 6,000
Cr Interest payable 6,000
Answer:
Cannot be determined
Explanation:
If the marginal utility of the third chocolate bar is 18 units of utility and the marginal utility from the fourth bag of almonds is also 18.
For it to be determined if Adhira is maximizing her utility, we need to compare the different units of utility per product to the individual prices of the product.
The Utility Maximization rule states that <u>consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility</u>.
It is marginal utility per dollar spent that is equalized. and not absolute utility.
