Roberto is considering attending a concert. He estimates the ticket price will be $94, and the cost of driving to the concert and parking will total an additional $21. In order to attend the concert, Roberto will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $12.72 per hour.What is Roberto's opportunity cost of attending the concert

Answers

Answer 1

Answer:

$166.08

Explanation: Take $94, add $21, giving you $115, then take $12.77 ( his hourly rate at work ) and if he loses 4 hours of work, take 4 multiply it by $12.77, which gives you $51.08, then add that to $115, which equals $166.08.


Related Questions

Trent is an avid fly fisherman and for his hobby he large rubber rafts, hip waders, special fishing rods, reels, line, and an assortment of fishing tackle and lures. There are no sporting goods stores near him so he orders his fishing supplies from the L.L. Bean catalog. His supplies are generally delivered to his home within 72 hours. Trent is using a ________ to satisfy his fishing supply needs.

Answers

Answer:

Home delivery retailer

Explanation:

Retailing is the sale of services or goods directly to the end use customers through stores, malls, online and by home delivery, to make a certain amount of profit. Retailers are there to close the gap between the producers, wholesalers and the end users. Retailing involves the the fulfilling of small orders of very many end use customers

Being that Trent intends to buy the supplies for his personal use and hobbies and have them delivered to his home. Trent is using a home delivery retailer to satisfy his fishing supply needs.

Considering the scenerio, whereby Trent who is an avid fly fisherman got delivered his fishing supplies to him is example of home delivery retailer.

What is a retail?

In channel distribution, a retailer can be regarded as one that by goods from the wholesaler and resell to the final consumer.

In the above case, hip waders, special fishing rods, reels were supplied to Trent from a retailer who delivered it to him.

We can conclude that he ordered his service from a retailer.

Learn more about retailer at:

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Assume that a single commercial bank has no excess reserves and that the reserve ratio is 20 percent. If this bank sells a bond for $1,000 to a Federal Reserve Bank, it can expand its loans by maximum of:

Answers

Answer:

it should be only 1,000

Explanation:

In a case, that an individual commercial bank has no extra reserves and that the reserve ratio is 20 percent. If this bank sells a bond for $1,000 to a Federal Reserve Bank, it can expand its loans by maximum of $1,000.

When commercial banks receive loan from the Federal bank?

Banks can acquire the loan from the Federal Banks to receive reserve responsibilities. The rate traveled to banks is called the discount rate, that is normally higher than the rate that banks hasten each other.

Banks can acquire from each another to meet reserve requirements, which is charged at the federal funds rate.

In the scenario of a single commercial bank with no surplus reserves and a reserve ratio of 20%. If this bank sells a bond to a Federal Reserve Bank for $1,000, it can increase its loan limit by $1,000.

Therefore, the loan can be expanded by the maximum of $1,000.

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Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuses to show any homes in that neighborhood to the buyer and tells the buyer, Nobody from your country lives in that neighborhood. Has Roberta violated any fair housing laws?

Answers

Answer:

Yes.

Explanation:

The fair housing law act is a law prohibits discrimination in the process of renting  , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,

Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.

2. Describe the following trends in business. Give an example of wha
productive business environment that supports each trend.
a. Social responsibility (1 point)

Answers

Answer:

Social responsability is the attribute of a business that tries to benefit the whole of society instead of only pursuing profits.

Social responsability has been an important trend in recent decades, and many businesses have made it a part of their corporate policy.

This is both because of altruistic and business reasons. When a business engages in social responsability, it not only helps society in some way, but it also helps itself, by earning respect, name-recognition, and prestige, which often results in more customers, and higher profits later on.

Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will _____. The demand for labor among automobile-producing firms in Michigan, for which steel is an input, will _____. The temporary unemployment resulting from such sectoral shifts in the economy is best described as _____ unemployment.
Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply.
a. Taxing the price of placing a resume or posting a job opening on a job-search website
b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively
c. Increasing the benefits offered to unemployed workers through the government's unemployment insurance program

Answers

Answer:

fall

rise

frictional

b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively

Explanation:

A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.

A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.

Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.

The process by which management plans, evaluates, and controls long-term investment decisions involving fixed assets is called __________ analysis.

Answers

Answer:

capital investment analysis

Explanation:

This process being described is known as capital investment analysis. Like mentioned in the question this term refers to a budgeting procedure that is used in order to ultimately assess the potential profitability of a specific long-term investment. This form of analysis is usually used by large corporations/organizations that have a long-term investment which contain fixed assets such as equipment, machinery, or real estate.

Mariposa, a young office manager, is trying to exchange text messages with her supervisor, Bill. Although Bill has been the general manager of the business for years, he has never learned how to use the texting function on his cell phone. What barrier to communication is Alexandria experiencing?

Answers

Answer:

Generational differences

Explanation:

Barriers to communication refer to different things that can affect the communication in a company. One of these barriers is the generational differences because it refers to the gap that exists between people of different ages that can be seen in different opinions, beliefs, values, behaviors and way of doing things. According to that, the answer is that the barrier to communication that Alexandra is experiencing is generational differences because there is a difference in the mean Mariposa and her supervisor use to communicate because of their age as Mariposa uses a technology that Bill is not familiar with which causes a problem in the communication.

A judge requires Harry to make a payment to Sally. The judge says that Harry can pay her either $10,000 today or $12,000 two years from today. Of the following interest rates, which is the highest one at which Harry would be better off paying the money today?
a. 11 percent
b. 6 percent
c. 4 percent
d. 9 percent

Answers

Answer:

d. 9 percent

Explanation:

After 2 years the value of $10,000 at present time =

$10,000 * (1 + x / 100)^2 = $12,000

(1 + x / 100)^2 = 12,00 / 10,000

(1 + x / 100)^2 = 1.2

The square root of 1.2 is 1.0954

(1 + x / 100) = 1.0954

x = 9.54

9%( Approximately.)

A toy company no longer selling a bicycle with a faulty part is using which risk management
strategy?

A. Avoiding risk
B. Accepting risk
C. Sharing Risk
D. Reducing risk

Answers

A. and D. combined should be the answer

Hope this helped •з•

Answer:

This is an example of A. Avoiding risk

Explanation:

The answer is A because by not selling the bike with the faulty part, they are AVOIDING injuring the people who purchase their bikes.

At meetings of the quality team, Juan is nervous about suggesting ideas
because he is not sure he understands why there are quality problems. What
would help Juan use positive workplace behaviors in the meetings?

Answers

Answer:

The correct option is;

D. Prepare by studying problems ahead of the meeting and listening carefully

Explanation:

Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;

1) Understanding the purpose of the meeting

2) Find out about the meeting agenda

3) To prepare for meetings

4) Make adequate preparation for the meeting

5) Know other attendees

6) Acquire and send out relevant information

It is important to study the problems ahead of the meeting and listen carefully to avoid being the one to ask others what the meeting was for when you join the meeting

Ensure the purpose for being at the meeting is clear and the meeting agenda is well known as well as what knowledge is expected and what is to be discussed.

Answer:

Prepare by studying problems ahead of the meeting and listening carefully

Explanation:

(1 point) A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower-yielding account because it is less risky. His annual interest is $9086 dollars. How much did he invest at each rate

Answers

Answer:

$82436 is invested at 6% and $41218.2 is invested at 10%

Explanation:

We were told that a man invests his savings in two accounts,

Amount invested at 6 percent interest is ?

Amount invested at 10 percent interest is ?

Let us denote the amount invested at different percent as

X=the amount invested at 6%

Y is the amount invested at 10%

Then,

0.06X + 0.10Y = 9068

But from the question, we were told He puts twice as much in the lower-yielding account because it is less risky which means

X = 2Y

0.06(2Y) + 0.10Y = 9068

0.12Y + 0.10Y = 9068

0.22Y = 9068

Y= 9068/0.22

Y=41218.2

Then if we substitute Y into equation above we have

X= 2×41218.2

X=82436

Therefore, $82436 is invested at 6% and $41218.2 is invested at 10%

pls help this the last one

The main challenge of career planning in changing times is the need to adjust plans often.

Is this statement true or false?


true

false

Answers

True, the challenge is the need to adjust plans often.

Firstly, let understand career planning refers to the process of determining and choosing a professional path that best suit one's personality, interests and goals.

The ability to Discover, Learn, Identify, Understand, Assess and Choose a good path that suit one's lifestyle determines the likelihood of been successful in the path.

However, career planning can be challenging because what might been assess today might become sophisticated tomorrow, so these pose a challenge for who is planning a career.

In conclusion, the statement is true and these makes planning of career little bit complicated.

Learn more about Career planning here

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Which of the following is one of the seven website design elements that marketers can use to produce an effective customer experience online?A. consistencyB. collaborationC. commercializationD. commerceE. creativity

Answers

Explanation:

The answer is D

Commerce

hope this helps

When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income will typically be greater than variable costing net operating income.

a. True
b. False

Answers

Answer:

b. False

Explanation:

The difference between absorption costing net operating income and variable costing net operating income lies in the fixed costs deferred in closing inventory.

If Production is greater than Sales - Increase in Finished Goods Inventory, Absorption costing net operating income  will typically be greater than Variable costing net operating income.

However, If Production is less than Sales - Decrease in Finished Goods Inventory, Absorption costing net operating income  will typically be less than Variable costing net operating income.

If you put $100 into a bank account that earns five percent interest per year, what is the formula you should use to determine the account's future value in one year? Group of answer choices Future value equals the present value multiplied by the rate of interest. Future value equals the present value divided by the rate of interest. All of these yield the same answer. Future value equals the present value multiplied by one plus the rate of interest in decimals.

Answers

Answer:

Future value equals the present value multiplied by one plus the rate of interest in decimals.

Explanation:

Future value = present value x (1 + interest rate)

Interest rate = present value x interest rate

Your clients, spouses Jared and Joaquim, are both 33 years old. They are concerned about saving money for a down payment on a home. Currently they have $120,000 set aside for that purpose. They plan to start a family in about a year and would like to buy the home in six months. The amount they have saved is more than 20% of the value of the homes in the area they want to move. They look to you for a place to save the money until they need it. Which of the following is the most suitable recommendation for the couple?

A) A 26-week T-bill
B) The Windmill Growth Fund
C) The Oldtime Life Insurance Company Variable Annuity
D) The Benji Money Market fund

Answers

Answer:

) The Oldtime Life Insurance Company Variable Annuity

If an advertisement is affiliated with a website's content, what might that suggest?
A. that the information you find is biased
B. that the advertisements were free
C. that the advertisements financially support the site
D. that the information you find will be entirely untrue
I'm confused between some answers can someone clarify.

Answers

Answer:

It suggests that the advertisement financially supports the website  ( C )

Explanation:

Affiliation is the official attachment of businesses with common interest wherein one party controls or is in-charge of the business relationship between the parties. in some cases a third party might be in control as well.

The information found on an advertisement that is affiliated with a website content shows that the advert and the website are in business together hence the advert supports the website financially, because the details contained in the advert might be drawn from the contents of the websites.

Your 15-year-old brother comes home with the great news that he has decided to buy his first car he found on Craigs List. Your brother has just agreed to give $7,000 to a buy the car. He signed the contract and just needs to pay the stranger and pick up the car. Your dad is upset and calls the stranger to tell him your brother will not be buying the car. The stranger can:_________.
a. do nothing.
b. sue your brother for specific performance.
c. sue your brother for breach of contract.
d. sue your dad for breach of contract.

Answers

Answer:

a. do nothing.

Explanation:

In this scenario the contract to buy the car was entered by your 15 year old brother. According to the law the legal age for an individual to be able to enter into a legal contract is 18 years and above.

If a person is less than 18 years they will require the guardian to be the person entering the contract on their behalf.

Since the contract was not entered into with the father's knowledge, this is not a legally binding contract.

So the stranger cannot sue in this instance

A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term investments decreased by $15,000, accounts receivable increased by $10,000, inventory decreased by $5,000 and accounts payable decreased by $6,000, what is the net cash provided by operations.

Answers

Answer:

$204,000

Explanation:

The computation of net cash provided by operations is shown below

Cash flow from operating activities

Net profit ($1,250,000 × 10%) $125,000

Add: depreciation expense $75,000

Add: Decrease in short term investment $15,000

Less: Increase in account receivable -$10,000

Add: Decrease in inventory $5,000

Less: Decrease in account payable -$6,000

Net Cash provided by operations $204,000

The minus sign depicts the cash outflow and the positive sign depict the cash inflow

started the year with total assets of $30,000 and total owner's equity of $20,000. During the year a) assets increased by $20,000, b) the business recorded $45,000 in revenues, c) the business recorded $30,000 in expenses, and d) the owner withdrew $5,000 for personal use. Liabilities at the end of the year were:

Answers

Answer:

$20,000

Explanation:

The computation of the liabilities at the end of the year is shown below:

As we know that

Total assets = Total liabilities + equity

where,

Total assets are

= Begining balance + increased assets

= $30,000 + $20,000

= $50,000

And, the equity is

= Starting balance + revenues - expenses - withdrawn amount

= $20,000 + $45,000 - $30,000 - $5,000

= $30,000

So, the liabilities is

= $50,000 - $30,000

= $20,000

Toys R Fun purchased $4,000 of merchandise and paid immediately. To record this transaction, Toys R Fun's accountant would debit the_____account and credit the______account.A. Cash.B. Merchandise Inventory.C. Accounts Payable.

Answers

Answer:

The answer is:

Debit the Merchandise Inventory account

Credit the cash account.

Explanation:

To start with, increase in assets and expenses go into debit side while decrease in assets and expenses go into credit side.

Merchandise inventory is an asset and cash too is an asset. Toys R Fun purchased inventory with cash, this means merchandise inventory increases while cash decreases.

According to the rule in the first paragraph, the recording is as follows:

Dr Merchandise Inventory $4,000

Cr cash. $4,000

An agent of a broker dealer has hired a sales assistant who is not registered. The sales assistant will answer the telephone, handle customer queries, and perform other clerical duties. All of the following arrangements for compensating the unregistered sales assistant are permitted except:_________.A. Hourly wageB. Performance bonusC. Annual salarD. production bonus

Answers

Answer:

D. production bonus

Explanation:

With regards to the above, an unregistered person cannot be compensated with commissions or pay based on production . While the unregistered sales assistant may be compensated for hourly wage, performance bonus and annual salary; he would not be compensated for production bonus because he is not allowed to partake in the commissions, or share in any fortune of the business with the agent he works for.

A production bonus unlike performance bonus(bonus paid for doing a good job), is based on the level of commissions and other fees that are earned hence not permitted for an unregistered persons or sales assistant.

Frame Co. has an 8% note receivable dated June 30, 20X1, in the original amount of $150,000. Payments of $50,000 in principal plus accrued interest are due annually on July 1, 20X2, 20X3, and 20X4. In its June 30, 20X3, balance sheet, what amount should Frame report as a current asset for interest on the note receivable

Answers

Answer:

$8,000

Explanation:

Given the following:

Interest rate on notes receivable = 8%

Original principal balance = $150,000

Amount due by July 1 = $50,000

Therefore, in the June 30, 20X4 balance sheet, the original principal balance that has been outstanding will be :

$150,000 - $50000 = $100,000

Therefore, only $100,000 has been outstanding and is due for calculation in the interest on accounts receivable on June 30.

Interest rate * principal balance due at the date

8% * $100,000

0.08 * $100,000

= $8,000

The amount that should Frame report as a current asset for interest on the note receivable is $8,000.

What is note receivable?

A note receivable is defined as a written promise to acquire a particular amount of cash from some other party on one date/s. This is addressed as an asset by the bearer of the note.

Computation of notes receivable:

According to the given information,

Notes receivable interest rate = 8%

Original principal Amount = $150,000

Due amount on July 1 = $50,000

Hence, in the balance sheet of the June 30, 20X4, the actual amount of principal balance that has been outstanding is:

[tex]=\text{Original Principal Amount -Due Amount}\\\\=\$150,000 -\$50000\\=\$100,000[/tex]

Therefore, the outstanding amount would be $1,00,000 and is due for calculation in the interest on accounts receivable on June 30.

Now the amount of note receivable is:

[tex]\text{Interest Rate} \times \text{Principal Balance Due at the Date}\\\\8\%\times \$1,00\\\\\$8,000[/tex]

Therefore, note receivable is $8,000.

Learn more about note receivables, refer to:

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If a manager is called upon to hire a new vendor and negotiate the best services for the best price, which type of role is required?

Answers

Answer:

decision making role

Explanation:

Management roles vary depending on which type of manager we are talking about: upper, middle or lower management. Management roles include:

Leadership and Interpersonal RolesInformational RolesDecision Making Roles: are themselves divided into 4 categories (entrepreneur, disturbance handler, resource allocator, negotiator). In this case, the manager is allocating resources since labor is a resource.

Question 9
1 pts
a
D
ESPE
The cost of a van is $16,000 with a residual value of
$2,000. The van has an estimated useful life of 5 years.
The mount of depreciation expense using straight-line
each year is:
D
O $933
O $373
O $737
O none of the above​

Answers

Answer:

The correct answer is:

None of the above (d)

Explanation:

Depreciation is the reduction in the fair value of an asset over time.

cost of van = $16,000

residual value = $2,000

useful life = 5 years

depreciation using straight-line allocation is allocating the depreciation cost equally over the useful life of the asset.

[tex]Annual\ depreciation\ expenses\ = \frac{(cost\ of\ asset\ -\ salvage\ value}{useful\ life\ of\ asset} \\\\\\Annual\ depreciation\ expenses\ = \frac{16,000 - 2,000}{5} \\= \frac{14,000}{5} \\Annual\ depreciation\ expenses\ = \$2,800[/tex]

Answer:

none of the above​

Explanation:

depreciation expense per year using straight line method = (purchase cost - residual value) / useful life = ($16,000 - $2,000) / 5 years = $14,000 / 5 = $2,800 per year

The straight line method for calculating depreciation expense is the simplest method that we can use, since the depreciation expense is the same for every year. Unlike double balance, sum of digits or any other kind of deprecation expense method which varies from year to year.

Your client Jacinta is being pressured by her mortgage broker to lie on her loan application. The mortgage broker promises it will make the underwriting process easier, and that it's a normal way to get a better interest rate. Which statement BEST describes the situation

Answers

Answer:

This is a red flag for predatory lending AND mortgage fraud.

Explanation:

Considering the situation above, the statement that BEST describes the situation above is that "This is a red flag for predatory lending AND mortgage fraud."

This is because the act of cheating or fraudulent pursuits of some lenders during the loan process is known as predatory lending, in which lying during loan application is part of it.

Also, fraudulent activities such as misstatement, misrepresentation, or omission about a mortgage loan process are considered a mortgage fraud

Antonio runs an online retail site and wants to set up a sitewide tag to measure online conversions for his future Google Ad campaigns. He's already set up conversion actions and has Google Tag Manager managing tags on his site. Which tag type should he choose to complete this process?

Answers

Answer:

The answer is Conversion Linker tag.

Explanation:

Antonio should have set up Google Tag Manager on his website. If the case is, without changing the code on his page, he should choose the Conversion Linker tag additionally to his landing page URLs, which automatically identifies the lead source.

Ashley bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 6% per year. The total finance charges for one year were $398. How much did each computer cost before finance charges

Answers

Answer:

Laptop = $3250

Desktop = $2900

Explanation:

Total finance charge = $398

Laptop cost = 350 + x

Desktop = X

Workings

Finance cost = (7% *X ) + (6% * 350+x ) = 398

0,07 X + 0.06 X + 21 = 398

0.13 X + 21 = 398

0.13 X = 398 -21

0.13 X = 377

Therefore ,X = 377/0.13

=2900

Cost of Desktop = 2900

Cost of Laptop =2900+350 =3,250

Timothy, a laboratory manager at a multinational photography company, manages a team of seven designers. All of them report to him, and he has the power to command them and assign duties to them. In this scenario, Timothy most likely has_____.

Answers

Answer:

line authority

Explanation:

Line authority is when someone that has a supervisor position has the power to give orders to his/her subordinates in order to accomplish the company's goals. According to this, the answer is that in this scenario, Timothy most likely has line authority because he has a team that he supervises and he has the authority to assign duties to them.

A project manager has just found out that a major subcontractor for her project is consistently late delivering work. The project team member responsible for this part of the project does not get along with the subcontractor. To resolve the problem, the project manager says, "You both will have to give up something to solve this problern," What conflict resolution method is she using

Answers

Answer:

compromise

Explanation:

Compromise as a conflict resolution strategy is one that involves finding acceptable reasons such that all the parties involved in the conflict have their concerns satisfied partly.

The project manager saying "You both will have to give up something to solve this problem" means that both parties involved in the conflict will have to come to an agreement that suits or benefits both parties.

Cheers.

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