Which function of management typically involves setting deadlines in order to

You paid $35 for a ticket (which is non-refundable) to see SPAM, a local rock band, in concert on Saturday. Assume that $35 is t

Blababa [14]

Answer:

the opportunity cost of going to work on saturday is $32

Explanation:

The opportunity cost of going to work on saturday is as follows:

= Income earned on saturday - psychic cost

= 4 hours × $11 - ($2 × 4 hours)

= $44 - $8

= $32

hence, the opportunity cost of going to work on saturday is $32

8 0

3 years ago

2. Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 Average total assets 2,200,000

erik [133]

Answer:

a) 65%

b) 11.4%

c) 25%

d) $25 per share

Explanation:

(a) Ratio of sales to assets = Sales revenue / Total assets

= $1,300,000/ $2,000,000 = 65.0%

(b) Rate earned on total assets = Annual net income / Average total assets

= $250,000 / $2,200,000 = 11.4%

(c) Rate earned on common stockholder's equity = Net Income / Average common stockholder's equity

= $250,000 / $1,000,000 = 25%

(d) Earning per share on common stock = Net Income / Share of common stock outstanding

= $250,000 / 10,000 = $25 per share

8 0

3 years ago

The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,

vlada-n [284]

Answer:

Option (D) is correct.

Explanation:

Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.

In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.

8 0

3 years ago

Read 2 more answers

An investment adviser has researched a promising company and has decided to buy its stock for its proprietary account and for th

riadik2000 [5.3K]

Answer:

The investment adviser first buys the shares for its customer accounts and then places the order necessary to buy the shares for its proprietary account

Explanation:

Since buying a large position for the adviser's customers might tend to push the price of the stock up, the adviser cannot benefit from this by "front running" the customer orders by placing an order to buy the stock for its proprietary account just before placing the big customer orders to buy. The best procedure is to buy the stock for the customers first and then for the adviser's proprietary account. Remember that the adviser is a fiduciary who must place his clients' interests first.

7 0

2 years ago

My answer c not sure

AleksandrR [38]

A is your answer so then there is less supply than there is demand.

8 0

3 years ago