Which calculates opportunity cost?

A. Finding the value of the best option that is not chosen

B. Calculating the cost of time energy and sacrifice

C. Subtracting all cost from the total benefit

D. Adding the value of all lost opportunities

Which pitfall to sound economic reasoning is illustrated when a person comments that "capitalists focus only on profits and don't care about their workers"? A. Abstraction B. Biases C. The fallacy of composition D.

Why an employee must demonstrate respect on the job

The automobile industry in both Brazil and Mexico is thriving. If you were a government official from an African country (such as Morocco, Nigeria, or South Africa) who has visited both countries and has been very impressed, which approach would you

Rodriguez Corporation issues 12,000 shares of its common stock for $210,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. a. The stock has a $14 par value. b.

When the revenue is more than the costs for a business, it is making a profit. True False

Kane Company's employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is, an employee is entitled to the pay even if employment terminates).

Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.

Which of the following actions will likely cause a project to fail? A) dedicating valuable team member time to identify risk events B) spending project funding to procure needed tools and spare parts C) unclear or conflicting stakeholder

Mcgregor company allows customers to pay with credit cards. the credit card company charges mcgregor 2% of the sale. when a customer uses a credit card to pay mcgregor $300 for services provided, mcgregor would:

Net worth is the difference between a firm's assets and its liabilities. a. True b. False