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lesantik [10]
4 years ago
13

Roberto decides to take a first-aid class at the local Red Cross. The cost of the class is $20. He will pay an additional $5 for

transportation to and from the class. In order to attend the class, Roberto will lose three hours at his job, where he earns $8 per hour. What is Roberto's opportunity cost for taking the first-aid class?
Business
1 answer:
FromTheMoon [43]4 years ago
8 0

Answer:

The answer is: $24

Explanation:

The opportunity cost is the benefit that is given up when someone chooses one alternative over another.

Roberto will not be able to work for 3 hours if he takes the first aid class. So he is giving up 3 hours of work by choosing to take the class.  

Opportunity cost = 3 hours x $8/hours = $24

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A form of ownership that involves multiple outlets under common ownership is refered to as
Sergeu [11.5K]

Answer:

Corporate chain

Explanation:

The corporate chain is that chain that owns its multiple outlets so that it can ensure the day to day activities, profit or losses for a given period of time.  

The aim of this to maximize the profit to the greatest extent and captures the market by providing them excellent services so that it can achieve the highest growth during a particular period which results in them into maintaining its reputation and goodwill

3 0
3 years ago
At the breakeven point, a. profits are exactly equal to the difference between revenue and total variable costs. b. the money a
SSSSS [86.1K]

Answer:

b. the money a company brings in from selling products equals the amount spent producing the products

Explanation:

At the breakeven point, the money a company brings in from selling products equals the amount spent producing the products

6 0
4 years ago
a stock split increases the number of authorized issued and outstanding shares of stock coupled with a proportionate reduction i
Fittoniya [83]

Answer:

stock price

earning per share

dividends per share

Explanation:

A stock split is when a company increases the number of its shares outstanding.

for example if a company has 4 million shares outstanding at a price of $20, earning per share is $1 and dividend per share is $0.50. this company announces a 2 for 1 split :

the number of outstanding shares becomes 2 x 4 million = 8 million

stock price becomes = $40 / 2 =$20

earning per share = $1 / 2 = $0.50

dividend per share = $0.5 / 2 = $0.25

4 0
3 years ago
Don kosec, vp of business services for time warner cable in northeast ohio says that their goal is to increase their sales in th
Alex

e. of course it is a good goal; it meets all of the criteria discussed

This goal meets all the criteria for a SMART goal.

5 0
4 years ago
Earnings per share equals the: A. Total number of shares of preferred stock divided by earnings. B. Total number of shares of co
Reptile [31]

In this context, None of the given options is the formula to derive the earnings per share.

The Earnings per share refers to the portion of a firm's profit allocated to each outstanding share of common stock.  

  • The formula for deriving EPS in a company with preferred & common stock is <em>[[Net income - Preferred dividends) / Average outstanding common shares}</em>

<em />

Therefore, the Option E is correct.

Read more about this here

<em>brainly.com/question/16037989</em>

6 0
2 years ago
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