Opportunity cost is: * a. about half of the monetary cost of a product. b. the dollar payment for a product. c. the benefit derived from a product.

Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed costs of $30,000, and operating income of $36,000.

If you draw a card with a value of three or less from a standard deck of cards, I will pay you $6. If not, you pay me $5. (Aces are considered the highest card in the deck.) Step 1 of 2: Find the expected value of the proposition.

The balances in Sanchez Accounting Services' office supplies account on February 1 and February 28 were $800 and $400, respectively.

Why is it important to use care when creating graphics for multicultural audiences?

The management of Fannin Corporation is considering dropping product H58S. Data from the company's accounting system appear below: In the company's accounting system all fixed expenses of the company are fully allocated to products.

In 150-words, explain what happens in an economy when the financial markets limit access to capital. How does this affect economic growth and employment

Environmental Designs issues 4,000 shares of its $1 par value common stock at $15 per share. (1) Record the issuance of the stock. (2) Record the issuance of the stock assuming it is no-par value stock

Betty, a cardholder, receives a call inquiring about her ssn. the caller introduces himself as an employee of the travel card vendor and tells her that he needs her ssn to verify the validity of the card. what should betty do?

What are diseconomies of scale?

Two young business school graduates, Laverne and Shirley, form a consulting firm. In deciding between the partnership and corporation form of organization, they are especially concerned about personal liability for giving bad advice to their clients;