The interest that the bank will pay will be the opportunity cost of spending $100 now. There will be $5 in interest. Thus, the opportunity cost of spending now is $105.
What is an "opportunity cost"?Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible possibilities lost when a company or person choose one investment over another.
Opportunity cost is a wholly internal expense that is only used for strategic consideration; it is not included in accounting profit and is not reported externally. Opportunity cost examples include choosing to build a new manufacturing facility in Los Angeles as opposed to Mexico City, forgoing an equipment upgrade, or selecting the most expensive product packaging over less expensive alternatives.
Learn more about opportunity cost, here:
https://brainly.com/question/24319061
#SPJ5
Is economics only about money? explain your answer.your answer?
Fragmental co. leased a portion of its store to another company for eight months beginning on october 1, at a monthly rate of $800. fragmental collected the entire $6,400 cash on october 1 and recorded it as unearned revenue. assuming adjusting entries are only made at year-end, the adjusting entry made by fragmental co. on december 31 would be:
The adjusting entry on December 31 for Fragmental Co. would be a debit to unearned revenue and a credit to rental income for $2,400, which represents the rent earned for three months at $800 each month, aligning with GAAP principles.
The adjusting entry made by Fragmental Co. on December 31 would involve recognizing the portion of the cash collected on October 1 that has now been earned. Since the lease began on October 1 and it is now December 31, three months have passed, meaning the company has earned 3 months of rent at $800 per month. The necessary adjustment would be to debit unearned revenue for $2,400 and credit rental income for the same amount.
The journal entry would look like this:
Debit Unearned Revenue: $2,400Credit Rental Income: $2,400This entry moves the earned portion of the pre-collected rent from a liability account (Unearned Revenue) to an income account (Rental Income), aligning with the revenue recognition principle required by GAAP.
The central bank of the united states is often called the banks' bank. what is it
Answer:
The central bank of the United States is often called the "Federal reserve bank".
Explanation:
In the United States, the three primary functions or goals which are played by the Central Bank are such as:
The Central Bank of the United States is responsible for providing financial services. The Central Bank of the United States regulates and supervises financial firms.The Central Bank of the United States is responsible for the conduct of Monetary policy.Which of the following typically have the highest auto insurance premiums? A.Young, inexperienced drivers B.Older, experienced drivers C.Drivers who have safe driving records D.Drivers who travel short distances
Answer:
A.Young, inexperienced drivers
Explanation:
The insurance premium is the price a person needs to pay to get an auto policy. Insurance companies establish the price of the premium considering the risk the person requesting the policy has. From the options given, the group that have the highest risk is the young, inexperienced drivers as they have more probability of having an accident because of the lack of practice driving and they will have the highest insurance premiums.
A small cruising ship that can hold up to 58 people provides three-day excursions to groups of 38 or more. if the group contains 38 people, each person pays $72. the cost per person for all members of the party is reduced by $1$1 for each person in excess of 3838. find the size of the group that maximizes income for the owners of the ship.
This is a problem in business mathematics involving maximization of profit. The question can be solved by setting up an equation involving the cost per person and the number of people, finding the derivative, and solving for when this derivative equals zero. This yields the optimal group size to be 56 people.
Explanation:This is a maximization problem in mathematics, specifically in the field of business mathematics. The income of the company is dependent on the number of people on the cruise, with the cost per person decreasing as the size of the group increases. We first set up an equation to represent the income based on the size of the group:
Income = ($72 - (n - 38)) * n
This formula calculates the income by multiplying the cost per person by the number of people (n).
To find the size of the group that maximizes income, we can plot this equation and find the maximum point on the curve. Alternatively, we can take the derivative of the equation, set it equal to zero and solve for n. This will yield the point at which the income is at a maximum.
Doing this yields n = 56. Therefore, the size of the group that maximizes income for the owners of the cruise ship is 56 people.
Learn more about Maximization here:https://brainly.com/question/36610486
#SPJ12
When a hard-copy document needs to be added to the ehr, the healthcare professional uses a ________________ to capture the document and add it to the electronic record?
In portfolio analysis, a company must identify __________, which are key businesses that make up the company.
How many clusters do vocational counselors group career and occupation specialties into?
Answer:
10
Explanation:
I believe it's 10 let me know if its correct.
Vocational counselors group career and occupation specialties into 16
career clusters.
Why is the establishment of generally accepted standards of practice and training in digital forensics important?
3) The ________ includes the entire planet and all of its living and nonliving parts.
A copy machine was purchased for $35,000. it is estimated that the machine will have a useful life of 4 years with a residual value of $3,000. it is estimated that the machine will make 2,000,000 copies. using the unit-of-output method to depreciate the copy machine, how much will be depreciated if during the first year 550,000 copies were made?
Do you think it is easier to increase or decrease government spending
Nami is very good at research is skilled at developing instructional materials and knows about libraries and information
A)Teaching and training
B) professional support services
C)administration
D)educational services
The answer is: B) professional support services
Skills in developing instructional materials and research make you a very valuable assets in providing data that needed by the people on the field (the front liners).
The duty of professional support services is to collect relevant data from company operations, processing that data, and provide instructions or advice for the front liners on how to use that data to their advantage.
Answer:
The answer is: B) professional support services
Explanation:
I got it right
Alicia and sarah are at the supermarket. alicia wants to get peanuts from the bulk food bins and sarah wants to get almonds. the almonds cost $6.50 per pound and the peanuts cost $3.50 per pound. together they buy 1.5 pounds of nuts. if the total cost is $6.75, how much did each girl get?
suppose that a high crime neighborhood is plagued by numerous abandoned home and malfunctioning street lights applying the broken window theory what steps should local politicians take to reduce crime in the area why
An ______ is a physical location where economic activity takes place such as farms, offices, and factories.
A)occupation
B)establishment
C)industry
D)enterprise
An B) establishment is a physical location where economic activity occurs, including farms, offices, and factories.
An establishment is a physical location where economic activity takes place such as farms, offices, and factories. This definition is essential for understanding economic geography, specifically in relation to different types of economic activities including substance and commercial agriculture, manufacturing, and service industries. Knowing what an establishment is helps to identify factors affecting the location of such economic activities.
There are various factors that affect where these establishments are situated, such as availability of resources, transportation networks, labor force, and market accessibility. For instance, a farm (agricultural establishment) needs fertile land and adequate water supply, while a factory (manufacturing establishment) might be located near raw material sources or important distribution channels. B)establishment.
When supervisors directly oversee the actions of employees, monitoring employees' work and correcting problems as they occur, ________ control is taking place?
To help you StartSafe and StaySafe when working with electricity, you should always: A. All answer choices are correct B. Use ground-fault circuit interrupters. C. Inspect extension cords, and use power tools and equipment as designed. D. Follow proper lockout/tagout procedures E. Maintain a safe distance from overhead power lines.
Answer:
A) All answer choices are correct
Explanation:
To help you StartSafe and StaySafe when working with electricity, you should always do the following to prevent electrocution;
- Use ground-fault circuit interrupters.
- Inspect extension cords and portable tools.
- Use power tools and equipment as designed.
- Follow proper lockout/tagout procedures and
- Maintain a safe distance from overhead power lines.
what happens when a bond becomes due?
A.)You pay it back to the issuer, plus interest
B.)The issuer will pay you back, minus interest.
C.)The issuer will pay you back, plus interest.
D.)You pay it back to the issuer, minus interest.
I believe the answer is: C.The issuer will pay you back, plus interest.
The due time of the bond and the interest rate would be mentioned by the issuer before you make the purchase of the bond. The interest that the issuer give back is a form of profit that given because you are willing to take risk to put your money as investment.
List and explain six specific ways to control the rising cost of health care.
Are there different laws for individuals and businesses?
Please tell us if there is an abstraction level of technology that you are particularly interested in
Answer:Information communication Technology
Explanation:
Virtually all business needs technology to expand its growth. It has been seen that most business move faster with the aid of e-commerce. And with this business can compete globally to the consumers.
Can economic approaches to environmental management adequately account for the complex interactive system that make up the environment
what type of promotions do you think are most effective in the sports and entertainment marketing industry? explain
The effectiveness of promotions in the sports and entertainment marketing industry often depends on the target audience, the nature of the event, and the marketing goals.
Some types of promotions that are commonly effective in this industrySocial Media Campaigns: Leveraging platforms like In stagram, Tw itter, and Face book for engaging and shareable content can be highly effective. This includes teasers, behind-the-scenes footage, and interactive campaigns.
Sponsorship and Partnerships: Aligning with popular brands or influencers can enhance visibility. Sponsorships, especially with well-known athletes or celebrities, can create a positive association with the event.
Giveaways and Contests: Offering free tickets, exclusive access, or merchandise through contests and giveaways can generate excitement and encourage audience participation.
Learn more about marketing industry
https://brainly.com/question/25369230
#SPJ3
Managers should run a business ethically because
A map made to show the distribution of one or more phenomenon is a(n) ________ map.
Final answer:
A thematic map is used to show the distribution of one or more phenomena, with patterns such as clustered, random, or dispersed being important for understanding spatial relationships in geography and cultural ecology.
Explanation:
A map made to show the distribution of one or more phenomena is a thematic map. Thematic maps serve a particular purpose, which is to highlight specific types of information, such as the distribution of plant species, population densities, or climate patterns. According to the context provided, the pattern of phenomena on a landscape, be it clustered, random, or dispersed, may help geographers and scientists to understand causality and make predictions. This understanding is facilitated through the use of Geographic Information Systems (GIS) that can statistically measure these patterns. Thematic maps also play a crucial role in the study of geography and cultural ecology as they provide visual representation and allow geographers to communicate spatial data effectively.
According to maslow, the authority and responsibility of an effective manager focuses upon which level of needs?
A trade show is usually focused on what?
a. an employer
b. an industry
c. a school
d. a craft
the answer is b. an industry
In many hospitals, orientation training expense (aka educational resources) is a shared expense that will be allocated to multiple departments. in these cases it is
If a manager chooses inappropriate goals, but makes good use of resources to pursue these goals, it results in: