Answer:
$170
Explanation:
Kelly's opportunity cost = ($1,000 x 3%) + ($2,000 x 7%) = $30 + $140 = $170
The opportunity cost is the cost of not choosing an alternative action.
Implicit costs are costs that occur but are not reported as separate costs.
Explicit costs are normal accounting costs.
Answer:
The emphasis that Americans place on economic self-reliance and free markets
Explanation:
The United States was founded under the principles of liberalism, whether legal, political, or economic.
In America, most people believe that free markets are the best way to organize the economy of a country, and that individual self-reliance can result in personal economic success.
Answer: $58,000
Explanation:
If Zhou is allowed to treat the departments as components of a single activity then ALL the losses suffered by Department B can be offset against the Income of Department A because they will be treated as a singular business.
Seeing as Department A has a higher income of $70,000 than the loss of Department B of $58,000, all of Department B's loss can therefore be offset by Department A.
Answer:
The amount of deposit is 369.77 dollars
Explanation:
We can calculate the amount of deposit using present value and the number of payment periods, which is 17. It tells us about the value of our future income as measured in today's dollars. Future value for all four years is 1600 dollars. Formula for present value is future value/(1+interest rate)^number of periods. In this case it will be 1600/1.09^17 or 1600/4.327 equals 369.77.
Answer:
D)
Explanation:
Based on the information provided within the question it can be said that this is associated with the company capability of being able to collect fuller and richer information about markets, customers, prospects, and competitors. This is because with by knowing what customers are purchasing and how often they are getting lots of information regarding what products are good in the market, customer information including frequency of purchases, what customers are likely to buy, and even the effect that the competitors are having on the market.
