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
Answer: Treasury Bills - 35%
Stock A - 17.55%
Stock B - 23.4%
Stock C - 24.05%
Explanation:
Hello.
The question was a tad incomplete so I attached the relevant portion from a similar question as a guide.
The client already has 35% invested in T- bills so that would be the T- bill proportion.
Now we need the proportions of the other 3 stocks.
Stock A will be,
= 0.65 (proportion of total portfolio in the fund) * 0.27 (proportion of stock in fund)
= 0.1755
= 17.55% of total portfolio
Stock B will be,
= 0.65 (proportion of total portfolio in the fund) * 0.36 (proportion of stock in fund)
= 0.234
= 23.4% of total portfolio
Stock C will be,
= 0.65 (proportion of total portfolio in the fund) * 0.37 (proportion of stock in fund)
= 0.2405
= 24.05% of the total portfolio.
To check the figures we can add them up.
That would be
= 0.35 + 0.2405 + 0.234 + 0.1755
= 1
So those are the correct proportions of your client’s overall portfolio, including the position in T-bills.
Answer: a) Cyclically unemployed
b)Frictionally Unemployed
c) Structurally Unemployed
Explanation:
First off let us define each.
Frictional Unemployment is the simple movement of people from one job to another or simply people entering the job market for the first time.
Structural Unemployment is as a result of people losing jobs due to a mismatch in skill or preference as well as the rise of technological or Economic Advances.
Cyclical Unemployment occurs when people lose jobs because the Economy is see hard times and cannot give people full employment.
Now that we have a rudiment grasp, let us categorize.
a. Lucia is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job. CYCLICALLY UNEMPLOYED.
b. Ginny is a physician who has decided to relocate to California to be closer to her family. She is currently interviewing with several prestigious hospitals in the San Francisco Bay Area. FRICTIONALLY UNEMPLOYED.
c. Eric left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is considerably lower in the new region, in part because of high, union-negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of plumbing jobs. STRUCTURALLY UNEMPLOYED.
If you need any clarification do comment.
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Answer:
$51
Explanation:
Given that,
Total estimated overhead = $240,300
Estimated direct labor hours = 4,690
Actual manufacturing overhead = $243,000
Actual direct labor-hours = 4,640
Hence,
Predetermined overhead rate:
= Total budgeted overhead cost for the year ÷ Total budgeted direct labor hours
= $240,300 ÷ 4,690 estimated direct labor hours
= $51.2367
Therefore, the predetermined overhead rate for the year was closest to $51.