The statement that applies are the rental of ant kayak equipment you need the wages that you forgo by going kayaking and the fee for accessing the river in a national park
Explanation:
The true cost for going to a particular place includes all that costs that are included from moving to a place that includes all the wages and the vehicle cost
Here the opportunity costs includes the fee to go to the national park by crossing the river and the amount that is needed to be spent on the equipment and the wages that must be forgo by going to kayaking all these statements best includes the true costs of going to kayaking
Answer:
$692,000
Explanation:
The computation of cost of renovating is shown below:-
Cost of renovating = Salary dropped + Owned money + Borrow money + Total interest
= $50,000 + $200,000 + $400,000 + ($700,000 × 6%)
= $50,000 + $200,000 + $400,000 + $42,000
= $692,000
Therefore for computing the cost of renovating we simply applied the above formula.
Answer:
False
Explanation:
Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets.
Answer:
Explanation below
Explanation:
When organizations are looking at hiring interns, they should make sure it does not go against the laws of the Fair Labor Standards Act (FLSA) which broadly defines what it means to employ someone and remained silent regarding whether interns should be exempted from minimum wages.
FLSA provides that if your company like that of Wayne in the question, benefits from the use of interns they hired, then they must pay them a sum that is equivalent to the minimum wage.
But if the intern does not do any work that directly benefits the organization, but just there to learn and watch how things are going, then it can be justified in not paying them at all.
so Wayne's rights have been violated since the wage was below the minimum wage.
The step transforms the item toward completion (something changes)
The step is done right the first time (not a rework step)
The customer cares (or would pay) for the step to be done.