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Arisa [49]
3 years ago
7

The company uses a custom-made software program to manage its inventory. The company paid a consulting firm $32,000 to develop t

he custom software. The annual opportunity cost for the resource is $_____.
Business
1 answer:
Vadim26 [7]3 years ago
3 0

Answer: $0

Explanation:

The program is said to be custom-made which means that the program is specifically for this company and so cannot be used by another.

This will put the opportunity cost at $0 because the company cannot use the money paid to develop something else as there are no alternatives to a custom made software.

You might be interested in
The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $50,000. Using a discoun
Georgia [21]

Answer:

$1,200

Explanation:

Given that

Purchase of a customer delivery van = $50,000

discount rate = 20%

Present value of future cost savings = $51,200

Yield = 20%

Based on the above information, as per the net present value the initial cost of the equipment should not be more than the present value of cash inflows  i.e. $51,200

So the more than amount is

= $51,200 - $50,000

= $1,200

8 0
3 years ago
Recently, Curtis Gibson had an interview for the position of a senior manager at a transit service. At the interview, the interv
romanna [79]

Answer:

D) conformity

Explanation:

Based on the information provided with regards to the situation at hand it seems that Curtis is using the impression management technique known as conformity. This technique refers to the act of agreeing to another person's personal opinion in order to gain their trust or approval. Which is what Curtis is doing by agreeing to every one of the interviewers opinions or positions.

If you have any more questions feel free to ask away at Brainly

3 0
3 years ago
4. Typically, what percentage of the home cost should you have available for a down payment?
TEA [102]

Answer:

30percent

Explanation:

30

7 0
3 years ago
Assume the spot rate of the British pound is $1.73. The expected spot rate 1 year from now is assumed to be $1.66. What percenta
Alexandra [31]

Answer:

The correct answer is 4.05%.

Explanation:

According to the scenario, the given data are as follows:

Spot rate = $1.73

Expected spot rate after 1 year = $1.66

So, we can calculate the depreciation percentage by using the following formula:

Expected Depreciation = (Expected spot rate after 1 year - Spot rate) / Spot rate

So, by putting the value

= ($1.66 – $1.73) / $1.73

= - $0.07 / $1.73

= - 4.05%

Hence, the depreciation percentage is 4.05%.

8 0
3 years ago
A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000.__________ Fill in the blank, read surroun
Nata [24]

Answer:

12.38% decrease

Explanation:

Given the following parameters

6%

Number of years = 12

Market yield I= 6 === 4.5

Present Value = 916.16 == 1045.59

PMT (annuity payment) = 50 (5%x1000)

Future value = 1000

Therefore, to solve for the percentage change, we have in the price of this bond in this situation, we have (916.16-1045.59) / 1045.59 = -0.1238

Hence, 12.38% decrease is the percentage change in the price of this bond if the market yield rises to 6% from the current yield of 4.5%,

5 0
3 years ago
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