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zavuch27 [327]
3 years ago
11

Victor is the recipient of $1 million from a lawsuit. Victor decides to use the money to purchase a small business in Florida. H

is business operates in a perfectly competitive industry. If Victor would have invested the $1 million in a risk-free bond fund, he could have earned $100,000 each year. After he bought the small business, Victor quit his job as a market analyst with Research, Inc., where he used to earn $75,000 per year.
Business
1 answer:
Bingel [31]3 years ago
5 0

Answer:

opportunity costs = $175,000

Explanation:

Find:

Opportunity cost

Computation:

Opportunity cost = Implicit costs

Opportunity cost = Implicit costs = $100,000 + $75,000

Opportunity cost = $175,000

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What does Net price mean
Maru [420]

Answer:

Net price is the actual price a buyer/consumer will pay.

6 0
4 years ago
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,700 units, its aver
Aleks04 [339]

Answer:

$71,910

Explanation:

The computation of the total amount of the product cost for 4,700 units is shown below:

= ( Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × making units

= ($6.10 + $3.60 + $1.70 + $3.90) × 4,700 units

= $71,910

We simply considered the direct material, direct labor, variable manufacturing overhead, and the fixed manufacturing overhead as it comes under the product cost

8 0
3 years ago
You purchase a bond with an clean price of $1,129. The bond has a coupon rate of 10 percent, and there are 4 months to the next
marta [7]

Answer:

The answer is "1145.66".

Explanation:

Using formula:

\text{Dirty price = Clean price + accrued interest}\\\\

                  = 1,129 +100\times 0.5\times \frac{2}{6} \\\\= 1,129 +50\times \frac{2}{6} \\\\= 1,129 + \frac{100}{6} \\\\= \frac{6774+100}{6} \\\\= \frac{6874}{6} \\\\=1145.66

OR

=\$1,129+(10\% \ of\ 1000)\times \frac{2}{12}\\\\=\$1,129+(\frac{10}{100} \times \ 1000)\times \frac{2}{12}\\\\=\$1,129+(100)\times \frac{2}{12}\\\\=\$1,129+ \frac{200}{12}\\\\=\$1,129+ 16.666667\\\\=\$1,145.666667\\\\

8 0
3 years ago
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
ella [17]
Debited to the inventory account.


Hope this helps!
5 0
2 years ago
Assume that the interest rate on borrowings in India is 1 percent while the interest rate on bank deposits in a U.S. bank is 4 p
Mila [183]

Answer:

The speculative element of this carry trade is that its success is based upon the belief that there will be no adverse movement in exchange rates or interest rates.

Explanation:

A carry trade is when you borrow a currency that has a low interest rate, then use that money to buy another currency that pays a higher interest rate. You make money on the difference between the interest rates.

5 0
3 years ago
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