Answer: $495,000
Explanation: Opportunity cost can be defined as the cost of profits that were foregone by choosing one alternative over other. It is a part of economic cost and is not considered while calculating the accounting cost.
In the given case, company has to forego the sale of 3000 units due to the special order production, thus, the lost sale of those 3000 units is the opportunity cost of fulfilling the special order.
This, can be computed as follows :-
opportunity cost = 3000 units * $165
= $495,000
Answer: The correct answer is "a. Opportunity".
Explanation: This would be considered an <u>OPPORTUNITY</u> for BruceCo.
This situation according to the SWOT analysis, represents an opportunity for BruceCo because the announcement of an authority reported on a benefit of coffee consumption, and this small coffee producer, can take advantage and exploit this announcement in order to increase its sales.
Answer:
False
Explanation:
The given statement is false Financial reports does not provide information that can reduce investors uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.
Financial report of a company contains balance sheet, income statement and discussion of the management. It also indicate company's financial health and earning potential. But it cannot reduce the risk of investors uncertainty.
Answer:
Management system
Explanation:
<u>A database management system which is abbreviated as DBMS, is a system software which is used for creating as well as managing databases.</u> DBMS provides the users and the programmers with systematic way to create, update, retrieve and manage the data.
<u>DBMS makes possible for the end users to read, create, delete and update data in the database.</u> DBMS serves essentially as an interface between database and the end users or application programs and also ensures that the data is consistently organized as well remains accessible easily.