<span>The total cost will vary depending what combination of explorations are successful and what are unsuccessful. The lowest cost would be if all explorations were unsuccessful and the highest cost would be if all of them are successful. In this scenario, the lowest cost would be $170,000 and the highest cost would be $320,000. Every other combination of success and failure would result in costs between those two numbers.</span>
True, telecommunicating is an example of flextime.
<h3>What is flextime?</h3>
Flextime refers to an arrangement that allows the worker to change and alter his working hours. Employees can decide the starting and end time of their working hours by themselves.
In telecommunicating, an employee may work from his/her own place without going to the office.
Telecommunicating is an example of flextime since employees may change their working time at their own convenience.
Therefore the statement is correct.
Learn more about flextime here:
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Answer:
0.172
Explanation:
The computation of the weight on the preferred stock is shown below:
Weight on preferred stock is
= Preferred stock ÷(Debt + preferred stock + common equity)
= $1 million ÷ ($2.7 million + $1 million + $2.1 million)
= $1 million ÷ $5.8 million
= 0.172
By applying the above formula we can easily determine the weight on preferred stock
Answer:
The opportunity cost is $7.
Explanation:
The opportunity cost involved in a decision is the cost of sacrificing its second-best alternative.
A college student could babysit her professor's child at an hourly wage of $7; she could work at the college library at a wage of $6; or she could finish her economics homework assignment.
If she decides to finish her assignment she is letting go wage of $7 and $6. Here, the second-best alternative is $7, so it is the opportunity cost.