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3 years ago

Define opportunity cost, please! Thank you!

2 answers:

6 0

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Over [174]3 years ago

6 0

Answer:

It's when you lose one opportunity due to picking something else or you lose a whole experience because of a chose you made. For example, if I decided to work at McDonald's then instead of going to school,I've lost a lot of chances because I made this one choice.

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Consider ktu as a production system in which the final product is graduate for this

Ludmilka [50]

yes yes very wise :)

7 0

3 years ago

The costs incurred by a business in an effort to avoid bankruptcy are classified as _____ costs. Flotation Direct bankruptcy Ind

poizon [28]

Answer:

The correct answer is indirect bankruptcy costs.

Explanation:

Indirect costs are considered to be damage to the image and reputation of the company, lost investment opportunities, credit restrictions, conflicts with suppliers, loss of sales, conflicts with workers. Indirect costs are usually much higher than direct costs.

6 0

4 years ago

A study is being done to test the effects of habitat space on the size of fish populations. aquariums of various sizes are set u

vovangra [49]

<span>The independent variable is the size of the aquarium and the dependent variable is the size of the fish population. All other variables in this scenario are held constant. Dependent variables are aspects that the researcher deliberately changes to see what will result from the change. If the food, water temperature and cleanliness are the same and the size of the aquariums is different, that makes aquarium size the independent variable.</span>

8 0

4 years ago

The following data are given for Stringer Company: Budgeted production 967 units Actual production 1,021 units Materials: Standa

asambeis [7]

Answer:

d. 667.26 Favorable

Explanation:

Direct materials quantity variance = (Standard quantity allowed - Actual Quantity Used) * Standard Price of a unit of direct material

Direct materials quantity variance = (11*1,021 - 11,568) * $1.98

Direct materials quantity variance = (11,231 - 11,568) * $1.98

Direct materials quantity variance = 337 * $1.98

Direct materials quantity variance = $667.26 Favorable

4 0

3 years ago

Tiger Trucking Company is considering a project that will produce cash inflows of $18,000 at the end of Year 1, $32,000 in Year

Ksivusya [100]

Answer:

$78,195.78

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $18,000

Cash flow in year 2= $32,000

Cash flow in year 3 = $45,000

I = 9%

Present value = $78,195.78

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0

3 years ago