Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?

Answers

Answer 1

Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.

The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative.  benefits foregone by using no longer choosing an alternative direction of motion.

Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.

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Related Questions

More loans can be made by lenders things to the availability of

Answers

Answer:

Secondary mortgage market  

Explanation:

If this helps, please sub to Urfavshawtii on yt it would mean a lot thank you

All of the following statements are correct regarding the credit life insurance except

Answers

All of the following facts about the credit life insurance are true, with the exception of Benefits are paid to the borrowers beneficiary

so, the correct answer is A.

A sort of life insurance coverage called credit life insurance is intended to settle a borrower's outstanding obligations in the event of the borrower's passing. As a loan is repaid over time, the face value of a credit life insurance policy declines proportionally with the balance until both approach zero. Credit life insurance is frequently provided whenever you borrow money, such as during the closing of a mortgage, while getting a car loan, or when acquiring a line of credit. In the event that the borrower passes away, the policy repays the money. Credit life insurance would shield your spouse or other co-signer from having to continue paying loan payments in the event of your passing.

The question is incomplete, the complete question is:

All of the following statements are correct regarding Credit Life Insurance EXCEPT:

A. Benefits are paid to the borrowers beneficiary

B. The amount of Insurance permissible is limited per borrower

C. Premiums are usually paid by the borrower

D. Benefits are paid to the creditor

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A series of advertisements about a certain product or deal

Question 1 options:
A Commercials
B Investment Campaign
C Marketing Campaign

Answers

Answer:

investment Campion is your right answer

1.4.2 Test (CST): Fundamental Principles of Economics
Question 18 of 20
Which statement best summarizes the relationship between investments and
productivity?
OA. Companies must choose between high levels of productivity and
large investments.
OB. Companies with high levels of productivity are the most likely to
need investment.
OC. Companies use investments to avoid the need to increase overall
productivity.
OD. Companies use investments to pay for services that improve their
productivity.

Answers

Statement first-class summarizes the connection between investments and productiveness: corporations use investments to pay for offerings that improve their productivity.

Investments definition is an asset acquired or invested in to assemble wealth and keep cash from the difficult-earned income or appreciation. funding which means essentially to achieve an extra delivery of profits or advantage and make the most of the investment over a particular time period.

Investments are the determination of an asset to obtain an increase in price over a time period. investment requires a sacrifice of a few gift properties, along with time, cash, or a try. In finance, the motive of making funding is to generate a move back from the invested asset.

In a funding outlook, investment is the acquisition of products that are not fed nowadays but are used inside the destiny to generate wealth. In finance, an investment is an economic asset bought with the idea that the asset will provide earnings similarly or will later be bought at a better cost rate for earnings.

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What is E-Procurement? [2 Marks] 1b. What are the Benefits of E-Procurement? [8 Marks] 2. You have have been appointed as an ICT personnel in an organisation mit​

Answers

E-procurement is the exchange of goods and services between businesses, consumers, and the government over the Internet and other information and networking platforms including enterprise resource planning and electronic data interchange.

benefits of the electronic procurement procedure.

E-procurement helps you save money by avoiding duplicative purchases, taking advantage of volume discounts, and avoiding expenses related to paper-based systems (for example, the cost of stamps to mail your paperwork).Openness in spending By performing your procurement electronically, you can guarantee that your procurement methods follow your policies because it will be simpler to produce and analyze reports on your procurement systems.Greater Productivity E-procurement takes less time than conventional procurement once you've gotten the hang of the technology. Reusable tender submission is made simpler by having your records maintained online. Meanwhile, using templates allows for quicker completion of papers.

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Which of the following is NOT a part of a report?
answer?

Answers

Findings are not part of report. Thus, option C is correct.

What is a report?

A report is a written document that organizes information for a particular audience and use. Complete reports are nearly always supplied in the form of written papers, despite the fact that summaries of reports may be given verbally.

Reports employ elements like tables, graphics, photographs, voiceovers, and specific jargon to enlighten readers about a topic or encourage a target audience to take a particular action. Reports frequently have headings to assist readers rapidly discover pertinent information, as well as graphic components like charts, tables, and figures that can help break up lengthy passages of text and make difficult topics more understandable.

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beepbeepbeepbeepbeepbeepbeep

Answers

You have backed up to far stop

Answer:

beeep

Explanation:

This question took some time to figure out, but yes beep

The following transactions occur for Badger Biking Company during the month of June:
a. Provide services to customers on account for $47,000.
b. Purcilase bike equipment by signing a note with the bank for $39,000.
c. Repay $32,000 of the note in (b) above.
d. Pay utilities of $4.700 for the current month.
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account
classifications should be entered as a negative.)
Transaction
()
G
Assets
""
11
Liabilities
Stockholders
Equity

Answers

Answer:

The following transactions occur for Badger Biking Company during the month of June:

a. Provide services to customers on account for $47,000.

b. Purcilase bike equipment by signing a note with the bank for $39,000.

c. Repay $32,000 of the note in (b) above.

d. Pay utilities of $4.700 for the current month.

Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account

classifications should be entered as a negative.)

Transaction

()

G

Assets

""

11

Liabilities

Stockholders

Equity

You want to open a new checking account and can deposit $150 dollars into the account to open it. You also plan on writing
about 6 to 8 checks a month from the account. Which of the following banks would you choose to open the account with?
Why?
Bank A charges a $6 per month fee when the balance is below $500.00, there are no check fees.
Bank B has no monthly fee and charges 50 cents for each check over three.
Bank C charges a $3 per month fee and charges 25 cents for each check you write.

Answers

Answer:

 So you deposit $150 in January and 10% more as each month passes by, which if you count, that would be 7 months. When it comes to compound interest, the formula for it is P(1 + r)^t. That means r = interest rate, P = principal, and t = time. In this case, we add 1 to 10% in decimal for. 10% is 0.1 in decimal form. 1 + 0.1 is 1.1. Now, compound 1.1 to the 7th power, because you repeat this 7 times. 1.1^7 is 1.9487171. Don't delete the decimal from your calculator. Now, multiply that decimal by 150 to get the new amount. When you do, you get 292.307565 or 292.31 when rounded to the nearest hundredth. You deposit $292.31 in August.

Explanation:

Choose the most correct statement: please help asap!!

Answers

For Question 3

'Private transportation has the highest costs associated with maintenance, but offers better mobility in the U.S.", option B is the most correct.

For Question 4

"All of the above", option D is the correct answer because speeding tickets and accident with self-fault increases cost of insurances.

What is insurance ?

Most individuals have insurance of some type, whether it is for their life, their home, or their car. However, the majority of us rarely pause to consider what insurance is or how it functions. In a nutshell, insurance is a contract, symbolized by a policy, under which a policyholder receives financial security or compensation from an insurance firm against losses. In order to make payments to the insured more manageable, the company pools the risks of its clients.

Hence, Option B and D are correct respectively.

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I plan to put $500 per quarter into an account with 6% interest. how much interest will I earn in the first quarter

Answers

I'll make $7.5 interest throughout the first three months.

Describe interest.

In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate. It is not the same as a fee that the borrower might pay to the lender or another entity.

In the first quarter, I will receive the following interest:

Principal = $500

Interest = 6% = 0.06

Time = 3 months

Interest = P X R X T

Interest = 500 X 0.06 X 3/12

=$7.5

How can you figure out interest?

By dividing the account balance by the interest rate and the length of time the money has been in the account, you can get the simple interest earned on a savings account. Interest equals P x R x N is the fundamental interest formula.

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What is the role of the Federal Reserve System?

a
It adjusts the interest rates for loans.

b
It ensures all financial institutions follow banking laws.

c
It protects up to $250,000 of customer deposits.

d
It regulates the business practices of stockbrokers.

Answers

Answer:

a

It adjusts the interest rates for loans.

Explanation:

The core fed responsibilities include managing money supply, , and regulating financial markets.

It adjusts the interest rates for loans, is the role of the Federal Reserve System. Thus, option (a) is correct.

What is Federal Reserve System?

The Federal Reserve System, also known as the Federal Reserve or simply "the Federal," is the United States' central bank. The Congress established it to give the country with a more secure, adaptable, and stable financial and monetary system. The Federal Reserve is the United States' central bank.

Financial institutions and operations are regulated and supervised. The Federal Reserve examines the effects of each banking institution's safety and health on the wider financial system. The Federal Reserve System is the name given to the United States' central bank. Its key responsibilities include regulating the country's monetary policy and monitoring banks.

As a result, the interest rates for loans, is the role of the Federal Reserve System. Therefore, option (a) is correct.

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Picture yourself ten years from now. Do you think having a debit card or using a prepaid card will be more advantageous? Why?

Answers

Having a debit card will be more advantageous that having a prepaid card because:

Debit cards have lower fees. Debit cards don't have to be loaded to be used.

Which is better between prepaid and debit cards?

Prepaid cards are generally better for those that do not have bank accounts or do not want to link their spending to their bank accounts on they have less advantages in general.

They often have higher fees than debit cards which sometimes have little to no fees. And because prepaid cards are not connected to your account, they will need to be loaded each time as opposed to the convenience offered by debit cards.

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Person A is laid off of their job. If the demand for good C shifts
to the left the good is:
O normal
O a substitute
O inferior
O none of these

Answers

A person A is laid off from their job if the demand for Normal Good C shifts to the left.

A normal good: A normal good is a sort of good in economics that sees an increase in demand as a result of an increase in income, as opposed to inferior products, for which the opposite is seen.

The demand for Normal Goods:

A good whose demand increases as a result of an increase in pay, such as when a person's income increases, is referred to as a normal good. Contrarily, when income falls, as it can due to a wage cut or a layoff, the demand for regular items reduces.

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Juanita makes $56 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $56 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.

Answers

Answer:

1 hour and a 1/2

56/2= 28

56+28= 84

$84

Explanation:

Well it takes her 30 minutes to shop, 30 minutes to get there, and that means 30 minutes to leave.

I hope this helps!

If you need any more information just comment!

Have an amazing day!

Which of the following would be most likely to improve your teamwork skills
and make your resume more impressive?

A. Joining a student organization that focuses on an awareness of
health care careers
B. Joining a student organization that focuses on team competitions
C. Joining a student organization that focuses on individual
competitions
D. Joining a student organization that focuses on building
technology skills

Answers

The right response is (b), or signing up for a student organization that emphasizes team competitions.

Teamwork is allowed as a skill on a CV.

A prospective employer can be confident that you will be able to collaborate with others to accomplish tasks in order to meet organizational or functional group goals by looking at your teamwork skills, which are among the workforce competencies. Consider your experiences working in teams, and be sure to explicitly list these on your CV.

How would you characterize your capacity for teamwork?

When you work well with people during discussions, projects, meetings, or other collaborations, you have developed teamwork skills. Being able to effectively communicate, actively listen, and be responsible and honest are all necessary for cooperation.

Why is working in a team a valuable skill?

Because teamwork allows your group to share ideas and duties, it makes everyone feel less stressed and enables them to be more meticulous and thorough in their task completion. This will help them fast reach their sales objectives.

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Discuss five strategies that the chosen business can use to become profitable​

Answers

Strategies that the chosen business can use to become profitable.

When businesses formulate a method, it facilitates their understanding of their strengths and weaknesses. This way, they are able to capitalize on what they may be appropriate for and enhance their weaker elements. It ensures that every issue of a business is deliberate. this means extra performance and higher and greater effective plans.

Make strategic making plans a top priority. preserve a near eye on your competitors. paintings to increase your purchaser base.stay near your customers.display profit margins.

When businesses formulate a strategy, it facilitates their understanding of their strengths and weaknesses. This way, they can capitalize on what they may be excellent at and enhance their weaker factors. It guarantees that each component of an enterprise is planned. this indicates more performance and better and greater powerful plans.

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Renee Farm grows fruits and vegetables by using nutrient-enriched soil and chemically enhanced fertilizers. Its products are extremely popular among health-conscious individuals who believe that natural fruits and vegetables do not have an adequate amount of nutrients. Renee Farm's products are popular even though its market is very niche. In the context of industry-level strategy, Renee Farm is most likely using a(n)

Answers

Renee Farm is most likely using a focus strategy. As Renee Farm's products are popular even though its market is very niche.

What is focus strategy?

People can direct your marketing efforts toward a certain market or demographic by using a focus approach. Focus strategy is the process of developing, marketing, and selling products or services to a target market that may consist of a certain customer demographic, a specific product line, or a specific geographical area.

Pepsi provides a variety of products. Pepsi Black was created as a part of their concentrate strategy on clientele searching out healthier beverages.

Thus, it is a focus strategy.

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choose the correct anseers please help asap!!

Answers

5) you’re deductible
6) 10-15%

What happens to the equilibrium price and quantity of sugar when consumers learn that sugar
prices will increase next month?

Answers

When the equilibrium price of sugar increases, the equilibrium quantity will decrease. This is because price and quantity have an inverse relationship.

A market-clearing price often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal. The manufacturer or vendor is free to transfer as many units as they like, and the consumer is free to access as many units as they like.

It is possible to utilize a mathematical formula to determine the equilibrium price. The equilibrium pricing formula is based on amounts of supply and demand; to find the price, put the quantity demanded (Qd) equal to the quantity supplied (Qs) (P). Here is an illustration of the equation: Qs = -125 + 20P when Qd = 100 - 5P.

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a global economist hired by telecomp, the US-based computer manufacturer in problem in problem

Answers

Answer:

Introduction which tells about what is going to be talking about

5. Determine the beta coefficient for a stock with a return of 10%, risk free rate of 3% and the market return of 9%.

Answers

Beta may be calculated by first dividing the security's standard deviation of returns by way of the benchmark's preferred deviation of returns. The resulting fee is elevated via the correlation of the security's returns and the benchmark's returns.

small r = R_f + \ss(R_m - R_f)

Where,

r = Return on the stock

Rf = Risk-free rate

Rm = Market risk rate

small ss = Beta coefficient

Note: All percentages are in decimal format

Therefore, rearranging the formula, we get:

small \ss = \frac{r -R_f}{R_m - R_f}

small = \frac{0.10 -0.03}{0.09 - 0.03}

small = \frac{ 0.07 }{ 0.06 }

small = 1.1667

OR

small = 1.17   (rounding to 2 decimal points)

Therefore, the beta coefficient is 1.17.

If the marketplace or index charge of return is 8% and the chance-free rate is once more than 2%, the difference might be 6%. Divide the first distinction above by using the second distinction above. This fraction is the beta discern, commonly expressed as a decimal price. Its miles are calculated by dividing the distinction between customer rate Indexes(CPI) by the previous CPI and multiplying it by means of a hundred.

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The lender will charge a one-and-a-half-point origination fee and two loan discount points.
What will be the total due for points on a $115,000 loan?
A) $1,725
B) $2,300
C) $4,025
D) $575

Answers

(c) $4025 is the correct option.

Banks charge origination points in exchange for reviewing, processing, and approving your home loan application. Origination points are not standardized and can be a flat fee, a percentage of your total loan amount, or none at all. Discount and origination points are two distinct charges Loan origination takes time. Banks must create all of the paperwork associated with a home loan, in addition to pulling your credit score, reviewing your bank statements, verifying your income and savings, and determining your creditworthiness. In exchange for all of this work, they'll charge you a fee. These fees are known as "origin points.".

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to make money as a baker, what would you have to do?

Answers

Answer:

Everything You Need to Know to Make Money Baking.

Explanation:

so you have all skills to bake delicious and tasty cakes?

make money from cakes

where to sell your cakes

Devising business plan

Equipment you need

Getting inspiration

creating hampers

How much should you charge?

seasonal baking

Have fun with it!

case study :Lazy Day cakes

case Study:Humming bird Bakery.

Which of the following is done by the American government to counteract economic contraction?
Question 3 options:

It may reduce interest rates.

It decreases its own spending for goods and services.

It raises the reserve rate of banks.

It decreases the money supply.

It sells securities through the Federal Reserve Board.

Answers

Answer:

It may reduce interest rates.

Explanation:

To boost economic activity, the American government lower interst rates as a fiscal and expansionary policy.

How does the use of these skills help organizations to outperform others in their industry?
Assess how the four functions of management (e.g., planning, organizing, leading, and controlling) are effective in helping organizations meet their goals.

Answers

The skills to relate to coworkers and deal well with subordinates provides for the smooth flow of business operations inside the organization. For any organization to prosper and accomplish its goals and objectives, effective management skills are essential.

What are the importance of skills?

Leadership qualities contribute to improving an organization's performance. The forerunners of new ideas that can help the organization come up with fresh ones to boost productivity are managers who are strong leaders.

It should be noted that the four functions include:

Planning has to do wifh the planning of decision making.

Organizing has to do with appropriate coordination between planning and resources.

Leading involves motivating employees to achieve organizational goals.

Controlling is simply elated to monitoring and evaluation.

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QUESTION TWO

The following data relates to the economy of a country over a one-year period.

K’B

Subsidies ………………………………………… 1 000

Gross domestic fixed capital formation……………. 2 400

Exports of goods and services ……………………. 2 000

Government final consumption ……………………. 3 000

Property income from abroad …………………… 300

Imports of goods and services ……………………. 2 500

Value of physical decrease in stocks …………… 10

Consumer’s expenditure ……………………. 8 000

Capital consumption/Depreciation ………………… 1 500

Taxes on expenditure……………………………... 1 750

Property income paid abroad ……………………. 500

Taxes on income…………………………………………1200

Required

Calculate the following from the above data:

(a) Gross domestic product at market prices (5 marks)

(b) Gross domestic product at factor cost (5 marks)

(c) Gross national product at factor cost (5 marks)

(d) Net national product at factor cost (5 mar​

Answers

Answer: i wouldnt know

Explanation: i seriously wouldnt know

Which statement is FALSE specific to providing customers with a privacy notice?

Answers

Answer:

question is up please write full answer

external opportunities of a pharmacy business​

Answers

The pharmacy sector is India's most profitable and fastest growing business sector. There are numerous business opportunities to begin in this sector.

Here are four areas of your pharmacy business that you might want to concentrate on, along with some resources to help you get started.

1.Profitability

2.Customer Contentment

3.Services

4.Leadership

There are many profitable segments available in the pharma sector, but the main issue is that people are not fully aware of these segments. Whether they come from a pharmacy background or not, they frequently struggle to find where to invest their hard core money or how to get started. Here we will discuss some important businesses in the pharmacy sector that will be beneficial to your business career.

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at the beginning of the year, a firm has current assets of 315 and current liabilities of 219. At the end of the year, the current assets are 467 and the current liabilities are 259. What is the change in net working capital

Answers

Answer:

at the beginning of the year, a firm has current assets of 315 and current liabilities of 219. At the end of the year, the current assets are 467 and the current liabilities are 259. What is the change in net working capital

Based on the current assets and liabilities at the beginning of the year and the end, the change in net working capital is $152

How did net working capital change?

Net working capital can be found as:

= Current assets - Current liabilities

Beginning of year net working capital:

= 315 - 219

= $96

End of year net working capital:

= 467 - 259

= $248

The change in net working capital is:

= 248 - 96

= $152

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At one time, banks engaged in a practice known as ______, refusing to grant mortgage loans to people who lived in certain neighborhoods, especially those neighborhoods with large black populations. A(n) _____ is an engine component in which the cylinder block and cylinder head are cast as a single unit. An electric vehicle must beA) Hooked up to another EVto gain energy.B) Fueled with gasolineCO Plugged into a wall outlet or charging equipmentDIO Solar chargedNext Page >> If a company receives $11,400 from a client for services provided, the effect on the accounting equation would be:_________ in the 1960s, the To the counterculture American Dream lifestyle was understood to be which of the following? A. perfect in every way B. what they hoped to achieve C. the opposite of what they wanted which country or countries do you blame most for causing world war 1 and why? PLEASE HELP QUESTION IS IN THE PICTURE BELOW!!! Some types of requirements, although they favor one protected class of people over another, can be legally justified if they are a(n) __________to the job or work the employee will do. A numerical measure from a population, such as a population mean, is called _____.a. the mean deviationb. a samplec. a parameterd. a statisti In the late fifties, a sociological phenomenon was suddenly remarked: a third of American women now worked, but most were no longer young and very few were pursuing careers. They were married women who held part-time jobs, selling or secretarial, to put their husbands through school, their sons through college, or to help pay the mortgage.The key terms in the excerpt most contribute to which of the following ideas? What are the solutions to this linear system? The negotiations called the _____, finalized in december 1993, established the world trade organization to police the international trading system. The vasoconstrictive effects of blank______ are considered to be responsible for the drug's ability to relieve migraine headaches. Which type of listing provides the most incentive for a broker to market a property? An economy is operating at full employment, and then workers in the bread industry are laid off. this change is portrayed in the movement from:_____. To determine whether a classification violates the equal protection clause of the fourteenth amendment to the u.s. constitution, the lowest standard of review is known as the ______ test. Which sociological perspective suggests that language and symbols offer a powerful way for a subculture to feel cohesive and maintain its identity? Solve -1/5 [3 - 12 (1/3)^2]PLEASE HELP QUICK Investors can obtain information about firms and their corresponding industry from:________ how did the location of the war help the Americans?