1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiv31 [10]
3 years ago
10

Louis Vuitton decides to invest $80,000,000 into a shoe factory in Milan from its money market account. The money market account

was earning 1% in interest per year or $800,000. Louis Vuitton could have also earned $200,000 from investing the $80,000,000 in a handbag factory. What is its opportunity cost for Louis Vuitton based off of the information in presented this situation?
a. $200,000
b. $1,000,000
c. $80,000,000
d. $800,000
Business
1 answer:
Nataly [62]3 years ago
7 0

Answer:

d. $800,000

Explanation:

In opportunity cost parlance, we talk about the cost/benefit forgone of the next best alternative, not for all alternatives forgone.

The benefit forgone of the next best alternative is the $800,000 that could have been earned if the funds have been invested in the money market account, in other words, $800,000.

You might be interested in
The firm has just declared a dividend of $1.09 per share for the current fiscal year. The firm has earnings per share of $2.11,
Anna007 [38]

Answer: E) price-earnings ratio will be 14.26 ex-dividend.

Explanation:

Stock prices generally decrease in price by the price of the dividend on ex-dividend date.

This means that this stock will reduce to:

= 31.17 - 1.09

= $30.08

Price to Earnings ratio = Stock price/ Earnings per share

= 30.08/2.11

= $14.26

<em>Option E is correct. </em>

4 0
4 years ago
Q.2Tullahoma Company purchased equipment for $27,500. It depreciated the equipment over a fiveyear life by the double-declining-
melisa1 [442]

Answer:

A loss of $1400

Explanation:

The double-declining method uses twice the straight-line depreciation method rate in calculating the depreciation amount.

The asset has a useful life of 5 years. The straight-line depreciation rate = 1/5 x 100

=20%.

The double-declining rate will be 40%

The depreciation schedule for two years will be as follows.

Open. Bal Dep. rate Dep. Amount  Book value

$27,500  40%  $11,000   $16,500.00

$16,500  40%  $6,600             $9,900.00

The equipment was sold for $8,500

net gain or loss will be the selling price - book value

=$8,500 - $9,900

=- $1,400

A loss of $1400

8 0
3 years ago
Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 3%. Answer the questions using this information
g100num [7]

A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45‬
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55‬
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:

53,589 / 0.05 = 1,071,780
3 0
3 years ago
Accounting assessment q15/15 assigning indirect costs to specific jobs is completed by _____.assigning indirect costs to specifi
borishaifa [10]

Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

<h3>What are indirect costs?</h3>

Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).

Indirect costs are overheads incurred as a result of a business activity but without direct impact.  For example, utilities, office supplies, etc. are all indirect costs.

Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

Learn more about indirect costs at brainly.com/question/24762880

#SPJ1

5 0
2 years ago
A basic Customer Relationship Management premise is that: a. each individual customer is limited to a single sale. b. customers
klasskru [66]

A basic Customer Relationship Management premise is that<u> (B) </u><u>customers form relationships with companies as opposed to companies conducting individual transactions with customers.</u>

<u />

  • A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.
  • The objective is straightforward: to strengthen business ties.
  • CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
  • Expressing gratitude to customers once they make purchases.
  • If a customer buys a certain product, upsell or cross-sell to them.
  • sending a coupon along with a birthday greeting. giving a customer who hasn't bought anything recently a discount.

What is CRM and why is it important?

  • CRM enables organizations to establish a relationship with their clients, which fosters loyalty and client retention.
  • CRM is a management technique that boosts a company's profits since customer loyalty and revenue are two factors that influence a company's revenue.

Learn more about customer relationship management (CRM) /brainly.com/question/21299183

#SPJ4

7 0
2 years ago
Other questions:
  • In the week about to begin, a bank expects $30 million in incoming deposits, $20 million in deposit withdrawals, $15 million in
    5·1 answer
  • Organizations are increasingly adjusting their processes and positioning their products as environment friendly and sustainable
    5·1 answer
  • ofia files a suit against turista airlines, inc. turista responds that it appears from the pleadings that the parties do not dis
    9·1 answer
  • White Company owns 60% of Cody Company. Separate tax returns are required. For 2017, White's operating income (excluding taxes a
    14·1 answer
  • When experiences are insufficient and the risk of making a wrong decision i high, a consumer is more likely to use _____________
    13·2 answers
  • F the decrease in the supply of a product is greater than the increase in its demand, _____.
    12·1 answer
  • he following data are to be used for Questions 4 and 5. The parentheses indicate amounts that should be subtracted in the comput
    12·1 answer
  • A production facility is trying to determine the best batch size for an item that is produced intermittently. This item has an a
    15·1 answer
  • Garnishment cannot exceed what percent of the weekly take-home pay?
    10·2 answers
  • In early April, an investor buys 1 XYZ Oct 60 call for $9 and sells 1 XYZ Jul 70 call for $4. If the investor buys back the Jul
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!