It is c. Because most banks don't offer letters of credit.
Answer:
TRUE
Explanation:
A potential obligation that depends on the future outcome of past events is a contingent liability!
- An obligation is something that is to be done
- A potential obligation is a thing or activity that is among the options of stuff that can be done
- When something depends on the future outcome of past events, it introduces or carries with it, the cost of waiting (for future outcomes)
- A contingent liability is something that poses probability of loss instead of gain. The opposite of liability is asset.
So in business, a potential obligation or action that depends on the future outcome of past events is a contingent loss rather than gain.
When compared to marketing strategies, marketing tactics generally involve actions that A. are detailed day-to-day operational decisions.
<h3>How do marketing strategies differ from tactics?</h3>
Marketing strategies are the general plans of action that a company hopes to accomplish as regards marketing.
The marketing tactics are the actual ways the marketing strategies will be achieved and so are more detailed.
Options for this question include:
- A. are detailed day-to-day operational decisions.
- B. are long-term rather than short-term.
- C. involve upper levels of management rather than front-line managers.
- D. are general rather than specific in nature.
- E. have been successfully implemented in the past.
Find out more on marketing strategies at brainly.com/question/25640993
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Answer: $25,000
Explanation:
From the information given in the question, we can see that for the year 8 which ended, the loss of ($80,000 - $65,000) = $15,000 was recognised.
For year 9, while the cost was given as $80,000, it should be noted that the market value was being given as $90,000. Therefore, the amount that will be recognized as the other comprehensive income will be:
= $90,000 - $65,000
= $25,000.
Answer:
a. $300,000
b. $200,000
Explanation:
a. The opportunity cost for labor is calculated by multiplying the hours of labor needed to complete the project with the market wage rate.
20,000 hours * $15 per hour = $300,000
b. There are some labors that are unemployed and has agreed to work for $10 per hour. The opportunity cost will now be lower than the previously calculated
20,000 hours * $10 per hour = $200,000
c. The opportunity cost depends on the wage rate of the labor. When the labors are employed at market rate, the opportunity cost is high and when there is unemployment the labors are willing to work for lower wage rate. The opportunity cost is decreased.