Answer: Opportunity cost
Explanation:
A. Opportunity cost can be defined as the next best alternative foregone , it is the cost of profit the business looses while choosing one alternative over other.
B. Fixed cost are those cost that do not change with the level of output produced in the firm.
C. In simple words the direct costs a business pay to the outsiders for running its operations is called explicit cost.
D. Total revenue is the amount of income a company has before deducting its expenses occurred to earn that income.
So from the above explanations we can conclude that value of a business owner's time is an example of opportunity cost.
Answer:
only one more year
Explanation:
Your income for the current year (year₀) = $75,000
Next year's income (year₁) = $75,000 x 1.2 = $90,000
Year 3's income (year₂)= $90,000 x 1.2 = $108,000
You will only be able to contribute to a ROTH account during the next year (year₁), since your income for year₂ will be higher than $95,000.
Answer:Flour should be acquired through a contract.
Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.
When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.
Answer:
journal entry are given below
Explanation:
given data
amount of interest = $150
solution
we know that as June 30 the interest earn company bank reconciliation is
$150
Therefore, it should be a cash debit and interest income should be deposited in the account as
journal entry are as June 30
Cash A/c $150 Dr.
To Interest revenue $150
record the interest revenue earned
$1,032.19. Assume that the next coupon payment is exactly six months away. a) What is the yield-to- maturity of the bond? b) What is the effective annual rate
