TIMED QUIZ PLS HELP!!! 10 POINTS

Suppose that the alternative uses of an hour of your time in the evening, ranked from best to worst, are (1) study economics, (2

amid [387]

The opportunity cost of studying economics for one hour in this context would be: Watching two half-hour TV sitcoms
Opportunity cost refers to something that you have to sacrifice everytime one alternative is chosen. When the time is spent to study economics, the time available for you to watch tv will be gone.

3 0

3 years ago

Robert is considering buying lunch and a new car. What is one factor he should consider about the car that is unnecessary to con

KATRIN_1 [288]

Answer:

Maintenance Cost

Explanation:

Once you purchase a lunch and consume it there is no cost related to maintenance of the lunch.

8 0

3 years ago

If a decrease in income leads to an increase in the demand for sardines then sardines are?

frosja888 [35]

If a decrease in income leads to an increase in the demand for sardines then sardines are an inferior good.

What is demand?

Demand can be defined as the amount of goods consumer are ready and willing to buy at a particular period of time.

On the other hand an inferior good occur when a product that is highly in demand begin to fall or drop because the people does not demand for the product again and this can happen when income rises.

Therefore If a decrease in income leads to an increase in the demand for sardines then sardines are an inferior good.

Learn more about demand here:brainly.com/question/1245771

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7 0

1 year ago

A. calculate the payoff and profit at expiration for the february 190 calls, if you purchase the option at the stated price and

Darina [25.2K]

Answer:

(a) The Net Payoff: 6.75+5 = - 1.75 (b) Net payoff : 5

Note: Kindly find an attached image to the solution below

Sources: The image was researched from Course hero

Explanation:

Solution

Given that:

The call value goes higher when the underlying price increases and vice versa.

The premium value of put goes higher when underlying market decreases and vice versa.

The call value = Spot price - strike price (minimum zero)

The put value = Strike price - spot price (minimum zero

(1): Trade: Buy February Call

Now

The Strike Price: $ 190

The Call Premium paid: $ 6.75

The Stock Price on Expiry: $ 195

Value of call on expiry: $ 5

The Net Payoff: 6.75+5 = - 1.75

(2). Trade: Buy February Put

The Strike Price: $195

Put Premium: $ 5.00

Stock Price on Expiry = $ 195

Value of Put on Expiry: 0

Net payoff : 5

6 0

3 years ago

For each accountâ€‹ listed, identify the category that it would appear on a classified balance sheet. Use the followingâ€‹ categ

Musya8 [376]

Answer:

Explanation:

They categorize assets and liabilities into different types as assets are divided into fixed assets, current assets, long term investments and intangible assets in the listed balance sheet.

The fixed asset is a long term asset like - building, land, equipment, etc

Current asset is that asset in which the asset is converted into cash within one year Like - cash, stock, accounts receivable

Intangible assets - These assets are not seen or even touched like - intellectual property rights - patents, copyright, etc

Liabilities are also classified into current liabilities, long-term liabilities.

The accounting equation is used in each balance sheet, which means

Total assets = Total liabilities + Shareholder equity

The categorization is shown below;

Land (used in operations) = Plant asset

Accumulated depreciation - equipment = Plant asset as it is deducted from the equipment value

Common stock = Stockholders' Equity

Service revenue = not belong on the classified balance sheet = X as it has come under the income statement

Investment in Starbucks Corporation (to be held in long-term) = Long term investments

Accounts receivable = Current asset

Equipment = Plant asset

Buildings = Plant asset

Note payable (due in 10 years.) = Long term liabilities

Unearned revenue = Current liabilities

Cash = Current asset

Accounts payable = Current liabilities

Prepaid rent = Current asset

Dividends = not belong on the classified balance sheet = X

Land (held for investment purposes) = Long term investment

Depreciation = not belong on the classified balance sheet = X as it has come under the income statement

6 0

3 years ago