Answer:
$8,000
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Because I decided to attend summer school, I forgoed the opportunity of working and earning income. Therefore, my opportunity cost is the amount of income I would have earned if i chose to work instead.
I hope my answer helps you
Answer:
a. Apple current ratio = Current asset / Current liabilities
= $128.78billion/ $101.27billion
= 1.27
b Apple Quick ratio = (Current asset - Inventory ) / Current liabilities
= ( $74.48billion + $17.58billion)/ $101.27billion
= $92.06billion/$101.27billion
= 0.91
c. Apple Cash ratio = cash and short-term investment / current liabilities
= $74.48billion / $101.27billion
= 0.77
d. By comparing the computed ratios of Apple and HPQ, it shows that Apple asset liquidity is better than that of HPQ. The current ratio of Apple is 1.27 as against 0.96 for HPQ. also in term of Quick ratio, Apple has 0.91 while HPQ has 0.54. The cash ratio of HPQ is 0.33 while Apple figure stood at 0.77
Explanation:
Answer: I think it'd be B.
Explanation: I don't know for sure but it seems like it would be B.
Answer:
Lois will save $152.51 when she wil transfer her balance.
Explanation:
Amount to be paid in 1 year for original credit card is given as
Here 
is the amount to be paid after P is the balance which is 970, 
is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so
Similarly for the second one the values are calculated as
The differnce of the two values is calculated as
The difference is $152.51 which she could save.
