Answer:
The opportunity cost is the income earned from her balance on savings account at the interest rate of 3% per year that Reece would received if she had not opened her owned brewery business. This opportunity cost is $600 per year.
Explanation:
Please find the below for further explanation and calculations:
The opportunity cost per one year = Income earned on saving account per one year = 20,000 x 3% = $600;
The reason why it is an opportunity cost is because as a result of opening brewery business, Reece sacrifices the income earned on this saving, instead, she contributes the saving fund to her brewery business.
WHAT is the question???????? idk how to answer
Answer:
Senior Manager.
Explanation:
The Senior manager has a substantial role in the company as they formulate objectives and policies of the organization. Manager's intuition, experience, instincts, and personal experience is needed to approach specific problems in a rational, logical and systematic way.
Senior managers have a responsibility towards the company ensuring that targets can be met and the company stays profitable. That is why they need to have a wide variety of skills to perform their jobs successfully.
Profit can be found by subtracting revenue from expenses.
The profit for Deal A is $100,000 - $10,000 = $90,000
The average profit as a percentage of revenue for the stadium for Deal A is Average profit divided by revenue multiplied by 100. That is 90,000/100,000 x 100 is 90%
The profit for Deal B is $50,000 - $20,000 = $30,000
The average profit as a percentage of revenue for the stadium for Deal B is Average profit divided by revenue multiplied by 100. That is 30,000/50,000 x 100 is 60%
Answer:
1,030
Explanation:
Calculation for what is the exponential smoothing forecast value
Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)
Exponential smoothing forecast value = 1,000 + 0.3 x (100)
Exponential smoothing forecast value = 1,000 + 30
Exponential smoothing forecast value= 1,030
Therefore the exponential smoothing forecast value will be 1,030
