Answer:
Eleanor has the lowest opportunity cost of completing the task. Opportunity cost of $80.
Explanation:
opportunity cost calculations
Eleanor; she earns $160 per hour and can complete the task in 30 minutes therefore we convert the minutes to hours 30/60 = 0.5hours
$160 *0.5hours = $80
Darnell ; he earns $25 per hour and it will take him 5 hours to complete the task , his opportunity cost is $25 *5 =$125.
Answer:
Please find attached solution to the above question
Explanation:
Please find attached solution to the above - a and b
Regarding the error 6,
• The $830 gained increased to accounts payable, hence must be deducted from accounts payable.
• Again, debit $830 for recording the payment.
Answer:
The answer is =22%
Explanation:
Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.
Its formula is:
[(value at the end of the period- original value) + income or dividend]/ original valuex 100
[2 + (59 - 50)] / 50x 100
(2 + 9 ) / 50x 100
11/50 x 100
=22%
Answer:
Explanation:
A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.