The opportunity cost of using your car to deliver pizzas is the present value of the cost, which is $21,555.76.
To calculate the opportunity cost of using your car to deliver pizzas, we need to determine the present value of the cost of purchasing a new car earlier than originally planned.
Given Information:
Car cost = $23,000
Car life = 5 years
Opportunity cost of capital = 6.7%
To calculate the present value, we can use the formula for the present value of a single cash flow:
\(PV = CF / (1 + r)^t\)
Where:
PV is the present value
CF is the cash flow
r is the discount rate (opportunity cost of capital)
t is the time in years
In this case, the cash flow is the cost of purchasing a new car, and the time is 1 year (since the car will wear out one year earlier than planned).
\(PV = $23,000 / (1 + 0.067)^1\\PV = $23,000 / (1.067)^1\\PV = $23,000 / 1.067\\PV = $21,555.76\)
Therefore, the present value of the cost of purchasing a new car earlier is approximately $21,555.76.
The opportunity cost of using your car to deliver pizzas is the present value of the cost, which is $21,545.72.
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Your question is incomplete; most probably, your complete question is this:
You are thinking about delivering pizzas in your spare time. Since you must use your own car to deliver the pizzas, you will wear out your current car one year earlier, which is one year from today, than if you did not take on the delivery job. You estimate that when you purchase a new car, regardless of when that occurs, you will pay $23,000 for the car and it will last you five years. If your opportunity cost of capital is 6.7 percent, what is the opportunity cost of using your car to deliver pizzas? (Round answer to 2 decimal places, e.g. 15.25.)
In a freehold estate what describes when the ownership includes all immovable structures attached to the land such as buildings, trees, and underground resources?
There are different kinds of estate. In a freehold estate immobility describes when the ownership includes all immovable structures attached to the land such as buildings, trees, and underground resources.
Freehold estates is known to be made up of 2 components. They are:
immobility: This is simply the ownership of all immovable structures that is attached to land. An indefinite ending: This is known to stay or exist for a lifetime.Freehold estates are simply known to be a type of estates that has indefinite lifetime and it can exist for a lifetime or forever.
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A maintenance schedule lists maintenance procedures, who is responsible, and when the procedures need to be completed.
O False
O True
Answer:
False
i had this same question
Explanation:
the elements of consideration, in a bilateral contract for a sale of goods, are the sale and the goods. group of answer choices false true
In a bilateral contract for the sale of goods, consideration refers to the exchange of something of value between the parties involved.
Sale: The first element of consideration is the sale itself. This refers to the agreement between the buyer and the seller to transfer ownership of goods in exchange for some form of consideration. The sale establishes the intention of the parties to enter into a contractual relationship.
Goods: The second element of consideration is the goods that are the subject of the contract. Goods typically refer to tangible, movable items that are bought or sold, such as merchandise, equipment, or commodities. The specific nature and description of the goods should be clearly defined in the contract to avoid any ambiguity or misunderstanding.
Consideration is a fundamental requirement for the formation of a valid and enforceable contract. It ensures that each party is giving something of value and creates a mutual obligation to perform their respective duties under the contract. Without consideration, a contract may be considered gratuitous and lacking the necessary elements for enforceability.
It's important to note that these elements of consideration can vary depending on the jurisdiction and specific contractual terms. Legal advice from a qualified professional should always be sought for specific contract-related matters.
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Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
How should you dress for a phone interview? (Site 1)
online content
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
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A college graduate has a Job with a monthly gross pay of 4000. He takes home less than 4000 because
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.
What do you mean by gross pay?Gross pay refers to the amount received by the employee without any tax deductions.
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.
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suppose the interest rate increases by 1 point in november of 2009. what effect will that change have on dhomes?
It is difficult to determine the specific impact of a 1-point increase in the interest rate on "dhomes" without further context. It is unclear what "dhomes" refers to or how it may be impacted by changes in interest rates.
Therefore, it is necessary to provide more information about "dhomes" and the context in which the interest rate change is occurring.
Assuming "dhomes" refers to the housing market or the construction industry, a 1-point increase in the interest rate in November 2009 could lead to a decrease in demand for homes and a decline in construction activity.
Higher interest rates can make borrowing more expensive, which can discourage potential homebuyers from taking out mortgages. This can lead to a decrease in home sales and a decline in prices.
In addition, higher interest rates can also impact the cost of materials and financing for construction projects, which can lead to a decrease in construction activity. This can lead to a reduction in employment in the construction industry and related sectors.
Overall, the impact of a 1-point increase in the interest rate on "dhomes" will depend on a variety of factors, including the current state of the housing market, the broader economic environment, and the specific policies and actions taken by government and industry stakeholders in response to the interest rate change.
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Because management may desire to improve the books by not recording an obligation in the correct period, _____ and ____ are important assertions for accounts payable
Cutoff and completeness are crucial accounts payable assertions because management may want to improve the books by failing to record an obligation in the appropriate period.
What is m,eant by management?Whether an organisation is a for-profit corporation, a government agency, or a nonprofit, management is the administration of that entity. It is both the science and the art of managing a company's resources. Management is the process of organising, leading, motivating, and controlling an organization's information, financial, physical, and human resources in order to efficiently and successfully accomplish its objectives.The process of completing the labour or task necessary for accomplishing an organization's goals in an effective and efficient way is referred to as management. The management functions are implied by the process. Planning, organising, staffing, directing, and managing are therefore involved.To learn more about management, refer to:
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The important assertions for accounts payable in this context are completeness and accuracy.
Accounts payable is a critical component of a company's financial reporting process. It represents the amount of money a company owes to its suppliers and vendors for goods and services purchased on credit.
Ensuring the completeness and accuracy of accounts payable is essential to providing reliable and useful financial information to stakeholders.
Completeness assertion for accounts payable means that all the outstanding obligations owed by the company to its suppliers and vendors have been recorded and presented in the financial statements.
This means that all invoices and bills received from suppliers and vendors have been recorded in the accounts payable ledger, and there are no unpaid bills that have not been recorded.
Accuracy assertion for accounts payable means that the amounts recorded in the accounts payable ledger are correct. This involves verifying that the invoices and bills received from suppliers and vendors have been accurately recorded in the accounts payable ledger, and the amounts recorded match the amounts owed.
Additionally, the accuracy of accounts payable requires ensuring that the accounts payable balance has been properly calculated and classified.
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Use the drop-down menus to answer the questions.
How do objects with the same charge interact?
How do objects with opposite charges interact?
How do uncharged objects interact?
Objects with the same charge repel each other, while objects with opposite charges attract each other. Uncharged objects do not interact with each other electrically.
Objects with the same charge repel each other and tend to move away from each other. This is because they have an excess of the same type of charge and therefore experience a force of electrostatic repulsion. Objects with opposite charges attract each other and tend to move toward each other. This is because they have an excess of different types of charge and therefore experience a force of electrostatic attraction.
Uncharged objects do not interact electrostatically, as they have an equal number of positive and negative charges, and hence their net charge is zero. However, they can interact through other forces, such as gravitational or magnetic forces, depending on the nature of the objects.
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How do objects with the same charge interact?
✔ They repel each other.How do objects with opposite charges interact?
✔ They attract each other.How do uncharged objects interact?
✔ They have no effect on each other.A registered representative would like to increase his production by working from home at nights and on weekends. As part of this effort, the representative wants to use his home e-mail account to send his customers information and recommendations. This action is:
The action of a registered representative using his home e-mail account to send information and recommendations to customers is generally considered a violation of industry regulations and policies.
Financial professionals, including registered representatives, are typically required to use approved and monitored communication channels provided by their employer or a licensed platform.
This ensures compliance with regulatory requirements, protects customer information, and enables proper record-keeping and supervision by the firm. Using personal e-mail accounts for business purposes can raise concerns regarding data security, privacy, and potential conflicts of interest. It is important for registered representatives to follow the guidelines and policies set by their firm and regulatory authorities to maintain professionalism and adhere to industry standards.
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What is the first step in the standard purchasing process practiced by most
companies?
A. Solicit bids
B. Requisition
C. Invoicing
D. Purchase order
Answer:
B. requisition
Explanation:
i have done this before, hope i helped
Insurance: An insurance company sells a 1 -year term life insurance policy to an 83 -year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 83 -year-old Noman will be ative 1 year later is 0,9561 . Let X be the profit made by the insurance company. Part: 0/2 Part 1 of 2 (a) Find the probability distribution, The probability distribution is
Given,An insurance company sells a 1-year term life insurance policy to an 83-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. Let X be the profit made by the insurance company.
The profit made by the insurance company X is equal to the difference between the premium collected and the payout made.Profit (X) = Payout - Premium collectedNow, we need to find the probability distribution of profit made by the insurance company in one year, which is a random variable, given that the probability that an 83-year-old woman will be alive after one year is 0.9561.Let us calculate the probability of the woman's death in one year.
The probability of the woman's death in one year is given by:P(death in one year) = 1 - P(survival in one year)= 1 - 0.9561= 0.0439Using the probability of the woman's death, we can construct the following probability distribution table for profit: Where, if the woman dies, the profit of the insurance company will be $86,000. And if the woman survives, the profit of the insurance company will be -$4000.Profit X Probability$86,000 0.0439-$4,000 0.9561Thus, the probability distribution of profit made by the insurance company is as follows:Probability distribution of profit:Profit X Probability$86,000 0.0439-$4,000 0.9561Therefore, the probability distribution is:Profit X Probability$86,000 0.0439-$4,000 0.9561
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1. How does Cobley connect the ideas of brands and force? What is his point about
brands?
Answer:
How does Cobley connect the ideas of brands and force? ... He connects them by saying that the more weight the brand has the more effort it takes to change or move that brand.
Explanation:
The explanation regarding connecting the ideas with respect to brands & force by Cobley is as follows:
The more huge a brand, the more force should be required so that the position could be varied. It described the solid identity of the big brand that is not easy to change also the big companies remains the brands distinct instead of having one parent brand.Therefore we can conclude that the above ideas should be provided by Cobley.
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Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
Why is the method of valuing inventory important?
e. Inventory valuation is based on the actual flow of goods.
f. Inventories always account for more than 50% of total assets and therefore have a considerable impact on a company’s financial position.
g. Companies desire to use the inventory valuation method that minimizes the cost of goods sold expense.
h. The inventory valuations method chosen determines the value of inventory on the balance sheet and the cost of goods sold expense on the income statement, two items having considerable impact on the financial position of a company.
Option (e), The method of valuing inventory is important because it determines the value of inventory on the balance sheet and the cost of goods sold expense on the income statement, two items having considerable impact on the financial position of a company.
Inventory valuation is based on the actual flow of goods. Inventories always account for more than 50% of total assets and therefore have a considerable impact on a company’s financial position. Companies desire to use the inventory valuation method that minimizes the cost of goods sold expense.
The method of valuing inventory is critical for accounting and financial reporting purposes. The value of inventory on the balance sheet is based on the inventory valuation method chosen. The cost of goods sold expense on the income statement is also affected by the inventory valuation method chosen, with some methods resulting in higher expenses than others.Inventory accounts for a significant portion of a company's total assets and has a significant impact on its financial position. As a result, it's critical to choose an inventory valuation method that yields accurate results. Companies may choose the inventory valuation method that minimizes the cost of goods sold expense in order to lower costs or boost profitability.
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What is the reason for putting yourself on a budget?
A. To prevent yourself from paying compound interest
OB. To earn a high level of return on your investments
C. To make sure that your earning potential is as high as possible
O D. To keep your expenses below your income
Answer: D. To keep your expenses below your income
Answer:
Do. to keep your expenses below your income
Which of the following is an example of an effective persuasive speech topic for a group of elementary school children? (edge 2022)
a.
the origins of Santa Claus in different cultures around the world
b.
abstinence: the best protection
c.
read at least 20 minutes a day
d.
staying in school is cool
Personal finance skills have the most significant impact on an individual’s
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills
Please select the best answer from the choices provided A B C D
Answer:
C. Listening skills
Explanation:
By listening to a customer, you can determine what they want.
Improving listening skills can help you better understand and help customers.
I hope this helps.
Answer: C edge 2021
Explanation:
ur a real one :)
Nerida Kyle is thinking of buying a car to avoid taking Lyft to work. She is using the cost-benefit principle to evaluate this decision and is calculating the costs and benefits to owning the car over the next year. She's gathered the following information to help her make her decision: • The car costs $15,000 to purchase, but she can resell it after a year of use for $13,500. • She thinks gas will cost her about $1.200 for the year. • The annual insurance premium for her car is $800. • Maintenance and repairs will cost about $300 for the year. • Using Lyft to get to work would cost her $4,000 for the year. The cost of the car for the year is: O $4,000 $1,500. $3,800. $7,800
The cost of the car for the year is $7,800. To calculate the cost of the car for the year, Nerida needs to add up all the costs she will incur over the course of the year, including the purchase price, gas, insurance, maintenance and repairs.
Purchase price: $15,000
Gas: $1,200
Insurance: $800
Maintenance and repairs: $300
So, the total cost of the car for the year is $15,000 + $1,200 + $800 + $300 = $17,300.
However, she can resell the car after a year of use for $13,500, so the cost of the car for the year is $17,300 - $13,500 = $3,800.
This cost will be compared to the cost of using Lyft to get to work, which is $4,000, to determine if buying a car is the better option.
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When Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress, Christina is participating in the global economy.
Answer:
True
Explanation:
From the question, We are informed that when Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress,
In this case Christina is participating in the global economy. Global economy can as well be regarded as "world economy" which is an economic system where there is economic activities between different nation and within nations . Economic activities could be in term of production, exchange of financial values as well as consumptions, trading of various goods among nations.
Answer:
i think its true
Explanation:
im sorry if im wrong
difference betwee auditor and finance managys
Answer:
Image result for difference between auditor and finance manager
Auditor ensures that the businesses are saved from any fraud by highlighting any discrepancies undertaken in accounting methods whereas a Finance manager provide with accurate and detailed financial reports which are vital for the profitability of the business.
Explanation:
In what order would you perform the following steps in order to change the color of text in a document?
1. Step one
Locate the Font grouping
Click the arrow next to the font
2. Step two
color icon
3. Step three
Select the text you wish to modify
4. Step four
Click on the new font color
5. Step five
Select the Home tab
Hey there! I recently came across this question myself. The correct order for the problem is:
Step 1:
Select the text you wish to modify.
Step 2:
Select the Home tab.
Step 3:
Locate the Font grouping.
Step 4:
Click the arrow next to the font color icon.
Step 5:
Click on the new font color.
Hope you succeed in passing whatever assignment you're working on!
A college student could take an elective course that inspires him or her to
study a secondary field, which is caled:
A. a minor.
B. a specification.
C. a specialization.
D. an elective requirement.
Answer:
it should be A a minor
Explanation:
The primary field of education is called a Major while a secondary one is a minor.
Answer:
A. a minor
Explanation:
somebody who's just a teen
What can give working people information about their fields, including conferences and leadership opportunities in those fields?
an extracurricular activity
a career and technical student organization
a professional organization
a cocurricular activity
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer:
C
Explanation:
Conflict of Intrest? Jamil works in a store that sells athletic equipment and supplies. Jamil’s sales record is good due to offering potential customers private lessons after hours on how to use the equipment. He charges $35 per session. The company is aware that Jamil is offering this service, and has expressed its approval.
Yes there is a potential conflict of interest in this scenario jamil is an employee of the athletic equipment and supplies store and is using his position to offer private lessons for a fee.
How to identify the conflictwhile the company has expressed its approval of jamil s actions there is a possibility that customers may feel pressured to purchase the private lessons in order to receive good service or to secure jamil s assistance in the future
furthermore jamil may be incentivized to prioritize the sale of private lessons over the sale of equipment as he stands to profit more from the former
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The total length of your apartment is 30 feet and the total width is 20 feet. What is the total area of the apartment?
Answer:
The answer should be 600
Explanation:
30x20=600
Interdependence among individuals and interdependence among nations are both based on the gains from trade. True or false?.
It is true that two countries can benefit from trade even if one of them has a clear advantage in producing all goods. Each nation only needs to have a comparative advantage in one particular good.
When producing a specific good, agents in an economic model have a comparative advantage over rivals if they can do so at a lower relative opportunity cost or autarky price, that is, at a lower relative marginal cost before trade.
Your greatest skill and least amount of sacrifice are your comparative advantages. If you are a great babysitter and a great plumber, for instance, your comparative advantage is plumbing.
Developed by British economist David Ricardo in the 19th century, comparative advantage is an economic theory that links differences in relative opportunity costs, or the price paid for producing a given good, across nations, to the causes and benefits of international trade.
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This next part requires a little outside effort: obtain a pencil and a mirror and place the pencil upright about 10 cm in front of the mirror. Place your head so you can see the image of the pencil in the mirror. Then move your head from side to side. Where does the image appear to be located
When you move your head from side to side while looking at the image of the pencil in the mirror, the image appears to be located on the opposite side of the mirror.
When you perform the described experiment with a pencil and a mirror, placing the pencil upright about 10 cm in front of the mirror, and observe the image while moving your head from side to side, you will notice that the image appears to be located behind the mirror.
The mirror creates a reflection of the pencil, forming a virtual image. As you move your head from side to side, the image appears to move in the opposite direction, giving the illusion that it is located behind the mirror.
This phenomenon is due to the way light rays interact with the mirror's surface, resulting in the formation of a virtual image that is perceived as if it were located on the other side of the mirror.
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Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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