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Lunna [17]
2 years ago
9

Nike decides to invest $60,000,000 into a shoe factory in Vietnam. What is the opportunity cost in this situation

Business
1 answer:
Sergeu [11.5K]2 years ago
3 0

Based on the payoff of the other investment alternatives, Nike's opportunity cost is<u> $600,000.</u>

<h3>What is Opportunity Cost?</h3>
  • It refers to benefits forgone when an alternative is picked instead of another alternative.
  • Is calculated as the payoff from the next best investment.

The next best investment was the $600,000 Nike was making per year on its money market account which makes this amount the opportunity cost of investing in Vietnam.

Find out more on opportunity cost at brainly.com/question/1549591.

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(b) Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”
mamaluj [8]

Answer:

The following are 3 against reasons for the reconstruction of Greensburg as the "green city":

Explanation:

Following are the reasons and the counter reasons:

Reasons:

  • Its tornado was something which will never be large as ever before, in which the city has been harmed and 95% of his residences have been destroyed. It also offers you to recreate the green city.  
  • The creation of a green city would also enable many cities to the devastated area to integrate with green technology.  
  • The Greenburg would become an icon with style as well as a prototype for the building of a clean energy city.

Counter Reason:  

  • The green tech isn't cheap and it would put pressure on the public resources.  
  • When a tornado of the same size hit Greenburg, then nobody would cause a serious source of financial and private assets.  
  • The city should give priority to tornado refugee camps that are capable of protecting public goods instead of building a green culture.
6 0
3 years ago
With an activity flexible budget, a budget variance is calculated a.based on a flexible budget based on various activity drivers
Vadim26 [7]

Answer:

C. 1. Identify the actual quantity of output. 2. Calculate the flexible budget for revenues based on budgeted selling price and actual quantity of output. 3. Calculate the flexible budget for costs based on budgeted variable cost per​ output, actual quantity of​ output, and actual fixed costs.

Explanation:

Any budget starts by determining our current output level.

To calculate the sales budget we must estimate our total revenue using our current output level and the estimated selling price for the next period. If we are certain that our output level will increase or decrease significantly over the next period, we can use the estimated output level instead of the current output level.

To calculate the costs budget we must estimate the variable costs per unit times the current output level (variable costs budget) and then we add the estimated fixed costs, which are not necessarily our current fixed costs.

Read more on Brainly.com - brainly.com/question/13853544#readmore

8 0
3 years ago
A company used straight-line depreciation for an item of equipment that cost $15,350, had a salvage value of $3,200 and a six-ye
Thepotemich [5.8K]

Answer:

The correct answer is $2,580.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($15,350 - $3,200) / 6 years = $2,025 yearly depreciation expense.

Accumulated depreciation at Year 3 = $2,025 x 3 = $6,075

Net book value (NBV) becomes $15,350 - $6,075 = $9,275

New depreciation is ($9,275 - $1,535) / 3 years = $2,580 yearly depreciation expenses

7 0
3 years ago
If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting i
Grace [21]

If a manager designs the organizational hierarchy based on the characteristics of the organizational environment, he is acting in accordance with <u>contingency </u>theory.

<h3>What is organizational hierarchy?</h3>

Organizational hierarchy can be defined as the hierarchy that display the rank or  position of an employees from the top level management to lower level management.

On the other hand Contingency theory is a theory that stated that  an organizational hierarchy can arranged based on the features of an organizational environment.

Therefore the manager is acting in accordance with <u>contingency </u>theory.

Learn more about Organizational hierarchy here:brainly.com/question/28169873

#SPJ1

5 0
2 years ago
If the company in california had trademark protection on the name wizard, could there still be a violation even if there was no
Mashutka [201]
Yes, there could still possibly be a trademark violation on the name wizard, even if there is no confusion about which company it was when going to site. This is because the company in California had the name first and most likely had trademarked the name for their business. 
5 0
3 years ago
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