The beginning balance of retained earnings
Answer:
The answer is opportunity cost
Explanation:
Opportunity cost is the cost of an alternative forgone action. The cost of an action not taken. For example, Mr A had the chance to choose between job X and job Y, if he chooses job X, the salary that job Y will pay if he had chosen them will be the opportunity cost.
Therefore, the amount of income that would result from an alternative use of cash is the OPPORTUNITY COST.
The method that is not a recommended approach supported by externality theory to deal with this problem is the <span>Non-profit intervention. An example to this is to </span><span> test an intervention against a counterfactual case in which it is not in effect.</span>
Answer:
The correct answer is 25%
Explanation:
To calculate the value of the tax rate to decide on the municipal bond, we must take the information of the annual yield minus the expenses associated with this product, on the interest of the corporate bond:
Tax Rate = 1 - (0.0525 / 0.0700) = 25%
In this way, 25% or more, is a percentage of the tax rate that can make them decide on the municipal bond option.
Answer:
Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.”
Explanation: