1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
My name is Ann [436]
2 years ago
11

Suppose you've just inherited $66,000 from your rich Aunt. You're trying to decide whether to keep the $66,000 in cash so that y

ou can use it for transactions or to deposit the entire amount in a savings account for one year. Suppose that the interest rate on a savings account is 2.5% per year. What would be the opportunity cost of holding the $66,000 as money
Business
1 answer:
Flauer [41]2 years ago
3 0

Answer:

Opportunity cost of holding the money = $1.650

Explanation:

Opportunity cost is the value of the next best alternative sacrificed in favour of a decision.

The opportunity cost of holding the money is the interest on deposit that would be have been earned should it be invested at the savings rate.

Interest on savings deposit = interest rate × deposit

                                         = 2.5%× 66,000= $1,650

Opportunity cost of holding the money = $1.650

You might be interested in
In an inert organizational culture, poor working relationships frequently develop between the organization and its employees. th
NikAS [45]

Answer:

<em>The correct answer is:</em>  the organization emphasizes long-term employment.

Explanation:

An inert organizational culture is one that does not seek to adapt to new work processes and trends whose objective is to innovate and facilitate work and processes.

They are usually organizations whose culture is focused on more inflexible and rigid internal policies, whose focus is on the establishment of processes and does not focus on the relationships and integration of workers.

This type of organization focuses on long-term employment, which can culminate in the lack of innovation in personnel, ideas, processes and the improvement of total quality.

3 0
3 years ago
The five new production assistants at Hollywood Studios will attend an orientation meeting on their first day. During orientatio
Lera25 [3.4K]

Answer: Corporate

Explanation:

Corporate culture simply refers to the standards, shared values, attitudes, and beliefs by which the members of an organization are characterized.

The corporate culture is important in guiding how the employees of an organization think and act as it symbolizes the personality of the company shows its core beliefs. New employees are expected to know the corporate culture of an organization.

4 0
3 years ago
Use the ethical tools from the readings to discuss the ramifications of electronic medical records. Suppose that there was a nat
ladessa [460]

Answer and Explanation:

1) EHR System which helps in capturing the functionalities and and check for required informations

2) Online Tool for notifying the doctor about the status pf the patient

3) Interactive health records

4) Computerized physician entry of orders (CPOE)

Benefits of centralized system are as follows:

1) IT gives a lower hardware expense

2) Improves the productivity of the IT Staff

3) Enhances the purchasing power

4) Meets the industry regulations

5) Information flow is properly maintained.

The cost of the system would be with respect to the tools to be used and the broadness of the network.

5 0
3 years ago
DDX Co. is a short-haul trucking company. Juan owned 1,000 shares of DDX stock. With research, he found a better investment oppo
Lina20 [59]

Answer and Explanation:

This is an example of corporation. Corporation is a legal entity wherein it goes public and offers its shares for ownership and trading in the primary and secondary market. Corporation is public limited company and has a board consisting of executives and CEO. Whereas, the shareholders do not interfere with the management decisions they are only concerned with their dividends.

In this case, Juan owned 1000 shares of DDX. DDX is a corporation because it is able to offers its shares to the general public and allows trading of shares for ownership.

3 0
3 years ago
Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price woul
ollegr [7]

Answer:

The answer is $48.

Explanation:

20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.

4 0
3 years ago
Other questions:
  • Quinlan-Cohen, Inc., publishers of movie and song trivia books, made the following errors in adjusting the accounts at year-end
    6·1 answer
  • Laura Pine worked as a welder for BCD Company for ten years before it changed its rigid tuition reimbursement policy. This year,
    15·1 answer
  • A supervisor who wants to measure the performance of his current employees will probably not use
    7·2 answers
  • You have $12,949.72 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until y
    7·1 answer
  • Why isn't overstocking warehouses an effective solution for a problem of low availability? select one:
    9·1 answer
  • The economic insight in the text referred to “free” air. what was the point of the insight?
    6·2 answers
  • The cash basis of accounting A : is the method required by generally accepted accounting principles. B : follows the revenue rec
    9·1 answer
  • Almona Co. establishes a $140 petty cash fund on January 1. On January 8, the fund shows $31 in cash along with receipts for the
    14·1 answer
  • Suppose the government wanted to regulate this market using a price-based instrument. What is the efficient level of a tax on em
    14·1 answer
  • Ria is an Indian student who was admitted to a US university. Her annual tuition is $42,000. She has to pay her tuition fees in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!