Answer:
About 250 ; 2000 bicycles
Explanation:
Opportunity cost simply means the loss incurred on a certain option when the alternative opruoonos chosen.
The opportunity cost of increasing shoe production from 10,000 to 20,000 pairs
The value of 20,000 (x axis) on the y axis is about 3750
Value of point A in the y - axis = 4000
Hence opportunity cost = (4000 - 3750) = 250 bicycles
B.)
The opportunity cost of increasing shoe production from 50,000 to 60,000 pairs
The value of 60,000 (x axis) on the y axis is about 0
Value of point B in the y - axis = 2000
Hence opportunity cost = (2000 - 0) = 2000 bicycles
Answer:
The answer is the internal rate of return on this investment is 10%.
Explanation:
The internal rate of return is the discount rate bringing the present value of the perpetual stream of cash inflows equal to its initial investment which is $210.
We apply the formula for calculating the present value of growing perpetuity to find out the internal rate of return, which is denoted as X in the below equation:
10.5/ ( X - 5%) = 210 <=> X - 5% = 10.5 / 210 = 5% <=> X = 5% + 5% = 10%.
So, the internal rate of return on this investment is 10%.
Answer:
<u>a debit to Office Equipment and a credit to Utilities expense</u>
Explanation:
The correct journal entry should've been:
Office Equipment A/C Dr.
To Cash A/C
(Being purchase of telephone equipment recorded)
The wrong entry passed being,
Utilities Expenses A/C Dr.
To Cash A/C
Thus, the rectification/correcting entry should be:
Office Equipment A/C Dr.
To Utilities Expense A/C
(Being correcting entry recorded)
Telephone equipment is used for official purpose and thus an office expenditure. Expenses incurred are debited.
Similarly, Utilities Expenses was wrongly debited so crediting it cancels out the wrong effect.
Answer:
Answer is: ( ii ) and ( iv ) only.
Explanation:
In a perfectly competitive market , the process of entry and exit will end when the price equals minimum average total cost, resulting to zero economic profits at this point.
<em>Please note that the labeling of your options are not too clear, so pick the option that my answer correlates with. </em>