Leslie is at the store with $60 in her purse. she sees two shirts that she wants that each cost $25. there is also a jacket she wants that costs $55. what best describes the opportunity cost and benefit of buying the shirts?
the opportunity cost is $50 for the shirts; the benefit is that she has a couple of nice shirts to wear.
the opportunity cost is the jacket; the benefit is that she has two shirts.
the opportunity cost is that she cannot afford the jacket; the benefit is that she saved $55.
the opportunity cost is $50; the benefit is that she still has $10.

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.