Answer: Option (B) is correct.
Explanation:
Given that,
Cost of new economics textbook = $100
Cost of new CD player = $100
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.
Answer and Explanation:
core competency of an organization comprise it's multiple resource, capabilities and skills that gives it a competitive advantage in the market. It was originated in management theory by C. K. Prahalad and Gary Hamel.
For an organization to have core competencies in manufacturing and also research and development putting it's organizational structure and culture to use, it has to:
create a flexible and somewhat independent structure for it's research and development department such that innovation is easy. Control must be decentralized and the team must come first
For the manufacturing department, an organic and participative approach should be encouraged. This would allow inclusive management such that workers are included in decision making processes. Managers should also be given more independence while workers should increasingly be empowered
the organization should also take stringent measures in employing the right people for the research and development as well as the manufacturing department such that these individuals are qualified and possess the needed expertise for their areas. Staff should equally be empowered through constant education and new skill acquisitions and be allowed to impart this knowledge on other staff by encouraging transfers in global expansion.
Answer: $13000
Explanation:
From the question, we are told that Paula receives a nonliquidating distribution from Pell Corporation. Paula’s basis for her Pell stock is $10,000 and in exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage.
The amount of Paula’s basis in the real estate she received will be the net fair market value of the real Estate. It should be noted that this is the difference between the market value and the mortgage amount. This will be:
= $15,000 - $2,000
= $13,000
The answer to the problem below is:
Carter Corporation sells two products, one is Arks and the other one is Bins. Last year, Carter Corporation was able to sell 14,000 units of Arks and 56,000 units of Bins. The related data are the following listed below:
1. unit contribution, selling, unit variable and product
2. price cost margin
