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SashulF [63]
2 years ago
11

1. Explain the concept of opportunity cost with an appropriate example.​

Business
1 answer:
inn [45]2 years ago
4 0

Answer:

Concept & example of Opportunity Cost

Explanation:

Opportunity Cost is the cost of next best alternative foregone, while choosing an alternative. This arises because of 'choice' problem, due to unlimited wants & limited resources - having alternative uses.

Eg : If I can have 2 chapatis or a bowl of rice. And, I eat a bowl of rice. Then, 'opportunity cost' of a rice bowl is - the next best available '2 chapattis' foregone for the former.

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Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,
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Answer:

Basic earning per share = $3.69

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares

Number of ordinary shares = 390,000 × 2 = 780,000 units

Net income                                           2,900,000

Preferred dividend                               <u>  ( 24,000)</u>

Earnings available to shareholders     <u>2,876,000</u>

Number of ordinary shares                   780,000 units

Earnings per shares =   $2,876,000/780,000 units

                                  = $3.69

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RUDIKE [14]

A leverage by is one where there is.

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2 years ago
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siniylev [52]

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Irene wants to start a business selling t-shirts. irene's top priority is that she alone has complete control over management de
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3 years ago
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