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3 years ago

Example of opportunity cost atlist 3 example

Business

1 answer:

gregori [183]3 years ago

5 0

Answer:

Someone gives up going to see a movie to study for a test in order to get a good grade. The opportunity cost is the cost of the movie and the enjoyment of seeing it.

At the ice cream parlor, you have to choose between rocky road and strawberry. When you choose the rocky road, the opportunity cost is the enjoyment of the strawberry.

A player attends baseball training to be a better player instead of taking a vacation. The opportunity cost was the vacation.

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A liquidity ratio measures the Group of answer choices income or operating success of an enterprise over a period of time. abili

mr Goodwill [35]

Answer:

short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash

Explanation:

A liquidity ratio can be regarded as type of financial ratio which is been utilized in determination of a ability of a company to pay out its short-term debt obligations. The metric is way to determine if there is a possibility for company to use its current as well as liquid and assets to cover up for its current liabilities.

It should be noted that A liquidity ratio measures short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash.

6 0

3 years ago

Write expanded notation of 752 863

tresset_1 [31]

I don’t know if the numbers are supposed to be together or not but if it’s 752,863 than the expanded notation is:
700,000
+ 50,000
+ 2,000
+ 800
+ 50
+ 3
And if it is 752; 863 than the expanded notation is:
700
+ 50
+ 2
;
800
+ 60
+ 3

4 0

3 years ago

Treasures, Inc. repurchased 1,000 shares of its $1 par value common stock for $100,000. The journal entry to record this transac

Anna007 [38]

The journal entry to record this transaction includes a debit will always be to cash.

What does common stock include?

Common stock is a security that represents ownership in a corporation. In a liquidation, common stockholders receive whatever assets remain after creditors, bondholders, and preferred stockholders are paid. There are different varieties of stocks traded in the market.

What does common stock mean in a balance sheet?

Common stocks are the number of shares of a company and are found on the balance sheet. Common Stockholders are the company's owners; they have voting rights and earn dividends. They can either be company promoters, insiders, or outside investors.

How is treasury stock reported in the financial statements?

Under the cost method of recording treasury stock, the cost of treasury stock is reported at the end of the Stockholders' Equity section of the balance sheet. Treasury stock will be a deduction from the amounts in Stockholders' Equity.

What is the journal entry for treasury stock?

when shares are acquired, the Treasury Stock account is debited and the cash account is credited. When the shares are reissued, cash is debited for the proceeds and Treasury Stock is credited for the amount paid out originally.

Learn more about journal entry :

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7 0

2 years ago

As of December 31, Year 1, Flowers Company had total assets of $220,000, total liabilities of $66,000, and common stock of $110,

liberstina [14]

Answer:

(b) After-closing balance in the Retained Earnings account on December 31, Year 1,

Total Stockholder's equity = Total assets - Total liabilities

= $220,000 - $66,000

= $154,000

After-closing balance of Retained Earnings = Total Stockholder's equity - Common stock

= $154,000 - $110,000

= $44,000

(a) Before-closing balance in the Retained Earnings account on December 31, Year 1.

Net Income = Revenue - Expenses

= $40,000 - $23,000

= $17,000

Before-closing balance of Retained Earnings:

= After-closing balance of Retained Earnings + Dividend paid - Net Income

= $44,000 + $3,200 - $17,000

= $30,200

(c) Before-closing balances in the following accounts:

Revenue = $40,000

Expenses = $23,000

Dividend = $3,200

(d) After-closing balances in the following accounts:

Revenue = $0

Expenses = $0

Dividend = $0

Because revenue and expenses are transferred to income statement and dividend are transferred to retained earnings.

6 0

3 years ago

Minimum-wage laws can keep wagesa.a) above equilibrium and cause a surplus of labor.b) above equilibrium and cause a shortage of

Airida [17]

Answer:

The correct answer is option a.

Explanation:

Minimum wages can be defined as the minimum level of wages that an employer is supposed to pay to workers for their work. It cannot be reduced through an individual contract or collective agreement.

Minimum wages are fixed above the equilibrium level of wages. At this level, the demand for labor is lower while supply is more because of high wages. This creates surplus labor in the market.

4 0

3 years ago

Example of opportunity cost atlist 3 example​

Example of opportunity cost atlist 3 example