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Olin [163]
2 years ago
10

What is an opportunity cost of saving for the future?

Business
2 answers:
LuckyWell [14K]2 years ago
4 0

Answer:

The biggest opportunity cost regarding liquidity has to do with the chance that you could miss out on a prime investment opportunity in the future becse you can't get your hands on your money that's tied up in another investments.

Explanation

Sergeu [11.5K]2 years ago
3 0
I you have an accident or a unexpected event happen then it’s not bad bc u are planned and cautious so u should save for the future
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Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
qwelly [4]

Answer:

<u>Cost of goods manufactured schedule for Case1</u>

Opening Work In Process                  $1,000

Add Total Manufacturing Costs       $16,000

Less Ending Work In Process          ($3,000)

Cost of goods manufactured           $14,000

<u>Income statement for Case 1</u>

Sales                                                                                              $24,500

Less Sales discounts                                                                     ($2,500)

Net Sales Revenue                                                                       $22,000

Less Cost of Goods Sold

Beginning Finished Goods Inventory                 $3,300

Add Cost of goods manufactured                     $14,000

Less Ending Finished Goods Inventory            ($3,400)          ($13,900)

Gross Profit                                                                                     $8,100

Less Operating expenses                                                           ($2,500)

Net Income                                                                                    $2,500

<u>Current assets section :</u>

Inventory :

    Raw Materials                                      $600

    Work In Process                               $3,000

    Finished Goods                                $3,400

Receivables (net)                                 $15,000

Prepaid Expenses                                    $400

Cash                                                      $4,000

Total Current Assets                          $26,400

Explanation:

Part b

Cost of Goods Manufactured = Opening Work In Process + Total Manufacturing Costs - Ending Work In Process

Part c

Income statement shows the Profit earned during the reporting period

Profit = Gross Profit - Operating expenses

Part d

The current assets section will include assets of a short term nature (not exceeding a period of 12 months). For a manufacturing company, it is important to show each inventory balance in the inventory categories of Raw Materials, Work In Process and Finished Goods among other items.

Note : Current Assets are shown in their order of liquidity in the Balance Sheet as above.

3 0
3 years ago
Your uncle has $500,000 and wants to retire. He expects to live for another 30 years and to earn 6.5% on his invested funds. How
Andrei [34K]

Answer:

$38, 288.718

Explanation:

The amount to be withdrawn at the end of each year, for  30 years

The amount of $500,000 represents the present value while yearly withdraws the annuities.

We use a revised formula for calculating annuities.

Applicable formula is

P   = PV × r/( 1 − (1+r)−n

P = annual withdrawals

PV  = $500,000

r = 6.5%

n 30

P = 500,000 x( 0.065/ ( 1- (1 + 0.065) -30)}

p = 500,000 x (0.065/ (1-1+.065)-30)

p= 500,000 x (0.065 / 1-0.1511860661)

P =500,000 x (0.065 /0.848814)

P= 500,000 x 0.076577436

Yearly withdrawals  = $38, 288.718

3 0
3 years ago
On January 2, 2020, Howdy Doody Corporation purchased 18% of Ranger Corporation's common stock for $52,000. Based on its ownersh
Arlecino [84]

Answer:

The Total amount is shown in the income statement $34,240

Explanation:

The computation of the amount that should be presented in the 2020 income statement is shown below:

Dividend collected by Howdy Doody corporation (18% of $68,000) $12,240

rise in Fair value of Stock credited to the income statement ($74,000 - $52,000) $22,000

The Total amount is shown in the income statement $34,240

8 0
2 years ago
If the amount of gasoline available for sale suddenly drops for some reason,
gavmur [86]
The nations selling the gasoline would be in trouble. They would earn less money and the possibility of a depression like the one the US had under Hoover and FDR would occur.
3 0
2 years ago
This is wrong<br> and do better because it really is not what u did ok do better bye bye!<br> !!!
olga2289 [7]

Answer:

?????????????????????

5 0
2 years ago
Read 2 more answers
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