Answer:
$50,000
Explanation:
The computation of the cost of going the college is shown below:
= College tuition fees per year + boarding fees per year + books and materials charges per year + earnings while working
= $20,000 + $10,000 + $2,000 + $18,000
= $50,000
For computing the cost of going to the college we simply added the total cost that is mentioned in the question so that the accurate amount could come
Answer:
The reported book value of the franchise will be $200000
Explanation:
An intangible asset is an asset that lacks a physical substance. The value of an intangible asset is amortized just as the value of a tangible/physical asset is depreciated.
The straight line amortization charges a constant amortization expense through out the expected useful life of the intangible asset.
The formula to calculate the straight line amortization per year is,
Amortization expense per year = Cost / Expected Useful life
Amortization expense per year = 300000 / 6 = $50000 per year
The book value of an asset is the value after deducting the accumulated depreciation/amortization from the cost.
Book value = cost - accumulated depreciation or amortization
Book value = 300000 - (50000 * 2) = $200000
Answer:
$70
Explanation:
The opportunity cost is the value in which the advantage is produced from the options available. The best gain is term as the opportunity cost
In the question, it is given that the offered price is $70 and the yesterday price is $30 which was paid which terms as a sunk cost. This cost is not useful for decision making as well as for computing the opportunity cost also
So, only $70 would be considered
Answer:
Harry loves both hot dogs and hamburgers. He receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in Harry's life. The price of hot dogs has been extremely volatile for the past several years, and this year is no exception Hot dog prices decreased tremendously this month Assuming hot dogs and hamburgers are substitutes for Harry, what is the effect on Harry's demand for hamburgers due to the decrease in the price of hot dogs?
There will be a movement down along his demand curve
Explanation:
Reason behind the decrease in demand curve for hamburger would be as a result of decrease in the price of hot dog which would increase the demand since they could be substituted for each other because of their benefits; hence, the demand curve for hamburger would be decreased or mov e down
An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:
ALTER TABLE dbo.CLIENT
ADD ClientPhone
<h3>What is SQL?</h3>
This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.
Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.
Read more about SQL here:
brainly.com/question/25694408
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