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eimsori [14]
2 years ago
7

James overspent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone

into his investment account, which earns 10 percent annually. What type of cost is this 10 percent? A. opportunity cost B. sunk cost C. variable cost D. credit cost
Business
2 answers:
jeka57 [31]2 years ago
5 0

Answer:

James overspent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 percent annually. What type of cost is this 10 percent?

A.  

opportunity cost

<u><em>B.  </em></u>

<u><em>sunk cost </em></u>

C.  

variable cost

D.  

credit cost

Explanation:

#Platofam

PtichkaEL [24]2 years ago
4 0

Answer: Sunk cost

Explanation:

Sunk cost is a cost that is incurred by an entity, which can not be recover. When making the decision on whether to continue investing in a project which is ongoing, the sunk costs should not be considered since these type of costs can't be recovered.

Sunk costs cannot be recovered or refunded. The 10 percent discussed in the question is a sunk cost as it can't be recovered.

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Imagine that in the frame of Azerbaijan National Football Championship Nefthci and Karabakh football teams will have a match in
Ymorist [56]

Answer:

The fans as they purchase tickets

Explanation:

The government has imposed a $2 tax per seat. The stadium management will increase the price of tickets per seat by at least $2. It means the customers (fans) will pay an extra amount per seat to cater for the taxes.  

The stadium management will act as a tax intermediary. They will collect the $2 per seat tax from the ticket sales and remit it to the government.

8 0
1 year ago
Maura Ruiz has been working in the e-learning industry for over eight years. She is aware of the fact that in this industry, onc
Elanso [62]

Answer:

Participative.

Explanation:

Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:

- Leader always facilitates the conversation.

- Leaders share any information and necessary knowledge for decision-making.

- Leaders encourage others to share their ideas.

- Leader must take all information and solutions by the team and synthesize.

- The leader comes up with best solution based on group information and communicates the solution to the group.

Participative leadership consist of one of the four types of participative decision making.

* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.

* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.

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4 0
2 years ago
John purchased 12372 kWh of electricity and 3568 CCF of natural gas in a year. The cost of electricity is 7.1 cents/kWh and that
stealth61 [152]

Answer:

A is correct option 15.6$

Explanation:

According to question,

Electricity purchased =12372 kwh

Cost of electricity = 7.1 cent/kwh =0.071dollar/kwh

Natural gas purchased = 3568 CCF

Cost of natural gas = 1.5 dollar/CCF

BTUs purchased per dollar

=((12372*3412)+(3568*100000))/((12372*0.071)+(3568*1.5))

=64042.8376 BTUs/ dollar

Now, cost of 1MMBTUs =1000000/64042.8376

= 15.6 dollar

5 0
1 year ago
Seven months ago, you purchased 400 shares of stock on margin. The initial margin requirement on your account is 60 percent and
abruzzese [7]

Answer:

36.19%

Explanation:

The value of stock purchase=400*$16=$6400

Initial margin=60%*$6400 =$3840

margin loan=$6400 -$3840 =$2560

interest on margin loan=$2560 *6.65%*7/12=$99.31  

return on the sale of shares=($18*400)-$6400 -$99.31=$700.69

seven-month return=$700.69 /$3840 =18.25%

annualized return=(1+18.25% /7)^12-1=36.19%

6 0
2 years ago
Which of the following best describes vertical integration? A. sell products to a supplier or a distributor B. develop the abili
jasenka [17]

Answer: B

Explanation:

A vertical integration is where a company owns another company in the same production line.

For example a company that bakes bread has a farm where wheat is cultivated, a marketing company and retail locations for the sale of the bread.

The advantages of Vertical integration include:

a. It reduces costs.

b. It increases efficiency.

c. It gives the firm greater control of the production process.

A major disadvantage of vertical integration is it requires huge capital outlay.

7 0
2 years ago
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