Business, 20.02.2021 14:40 kayliehernandez
A person is faced with undertaking these four activities on Monday – watch a movie, visit a
friend, attend a lecture, or sleep. A movie ticket costs GH¢ 28.00. The cost of transportation
to visit the friend is GH¢ 40.00 while it is GH¢ 55.00 to attend the lecture. If she stays home
to sleep, she will put on the air-condition which will increase the electricity bill by GH¢
30.00. The benefits expected from these activities are accordingly presented in the table
below.
Activity Direct cost
(GH¢)
Benefit
(GH¢)
Watch a movie 28 50
Visit a friend 40 85
Attend a lecture 55 92
Sleep 30 68
Use the information provided in the table to answer the following questions.
a) Rank the activities in order of importance, from the first to the last.
b) What is the opportunity cost of the first activity? Explain your answer.
c) Compute the net benefit of the first item using
i. the direct cost.
ii. the opportunity cost.
d) Suppose there is a 10% tax on the net benefit. With respect to the first item, how
much tax will the individual pay when the
i. direct cost approach is used?
ii. opportunity cost approach is used?
Answers: 3
Business, 21.06.2019 22:10
Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?
Answers: 3
Business, 22.06.2019 11:30
Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)
Answers: 2
Business, 22.06.2019 12:10
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
A person is faced with undertaking these four activities on Monday – watch a movie, visit a
friend,...
Mathematics, 04.04.2020 16:46
Mathematics, 04.04.2020 16:46
Biology, 04.04.2020 16:46
English, 04.04.2020 16:47
History, 04.04.2020 16:47
Mathematics, 04.04.2020 16:47
Mathematics, 04.04.2020 16:47
Mathematics, 04.04.2020 16:48
Mathematics, 04.04.2020 16:48
Mathematics, 04.04.2020 16:48
Arts, 04.04.2020 16:48
History, 04.04.2020 16:48
History, 04.04.2020 16:48
Geography, 04.04.2020 16:48
Mathematics, 04.04.2020 16:49
English, 04.04.2020 16:49