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choli [55]
3 years ago
6

The college tuition is $15,000 a year. Instead of going to college, Ron could take a full time job that pays $20,000. His health

and retirement benefits are $5,000 and $8000 for a year respectively. If Ron decides to go to college, what is his opportunity cost of attending college for one year
Business
1 answer:
andrezito [222]3 years ago
4 0

Answer:

the opportunity cost of attending college for one year is $33,000

Explanation:

The computation of the opportunity cost is shown below:

= Full time job + health and retirement benefits

= $20,000 + $5,000 + $8,000

= $33,000

hence, the opportunity cost of attending college for one year is $33,000

We simply added the above 3 items so that the correct value could come

And ignored the college tuition fees

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These financial statement items are for Snyder Corporation at year-end, July 31, 2017. Salaries and wages payable $2,580 Salarie
tatiyna

Answer:

Net loss = (6,700)

Explanation:

According to the scenario, computation of the given data are as follow:-

Income Statement

Particular                                        Amount ($)

Revenue from Service                         62,100

Revenue from Rent                         8,500

Less-Salaries and wages expenses   (50,700)

Less-Utilities expenses                       (22,600)

Less-Depreciation expenses       (4,000)

Net loss                                               (6,700)

6 0
3 years ago
The following information is available for Felix Company: Net income $300 Decrease in plant and equip. $40 Depreciation expense
zmey [24]

Answer:

$240

Explanation:

The computation of cash flow from operating activities of Felix company is seen below;

= Net income - Decrease in plant and machinery + decrease in expense - increase in deferred assets + gain on sale of assets

= $300 - $40 + $20 - $5 + $35

= $240

Therefore, cash flow from operating income of Felix company is $240

7 0
3 years ago
The addition of acceptance criteria factors to the milestone schedule in a project charter helps the team understand who will ju
tester [92]

Answer: The criteria or standards they will use.

Explanation: Project Charter is a major component of project management system,the project charter Describes the roles and responsibilities of the team members,the task descriptions,the time lines,it is an important and reference for both present and future projects.

The project Charter also sets the project deliverables with each mile stone,the criteria and standards through which the project deliverables associated with each milestone will be judged.

4 0
3 years ago
Which theory combined the Japanese approach with such features as lifetime employment, employee problem solving, and consensus b
olasank [31]

Answer:

C). Theory Z

Explanation:

'Theory Z' proposed by William Ouchi was the management technique that gained popularity during the 1980s. The approach is basically a blend of 'Japanese as well American philosophies of management' in order to promote a greater extent of job security, enhanced productivity, and a great degree of employee satisfaction and self-esteem. This theory drastically helped in bringing a downfall in turnover of employees and enhanced productivity. Thus, <u>option C</u> is the correct answer.

5 0
3 years ago
The opportunity cost of the third bicycle is _____ tents.
skelet666 [1.2K]

The opportunity cost of the third bicycle is 20 tents.

What is opportunity cost?

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.

Therefore,

The opportunity cost of the third bicycle is 20 tents.

To learn more about opportunity cost from the given link:

brainly.com/question/3611557

4 0
2 years ago
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