This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A recent college graduate has the choice of buying a new car for $33,500 or investing the money for ... (Read 87 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Mar 6, 2021

Question 1

What are opportunity costs? Explain why opportunity costs are not recorded in financial accounting systems.

Question 2

A recent college graduate has the choice of buying a new car for $33,500 or investing the money for four years with an 11% expected annual rate of return. He has an investment of $41,000 in equities and bonds which yields 8% expected annual rate of return. If the graduate decides to purchase the car, the best estimate of the opportunity cost of that decision is ________.
◦ $3,280
◦ $14,740
◦ $41,000
◦ $18,040
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mpobi80 on Mar 6, 2021

zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr
Buying a Telescope Buying a Telescope
Intradermal drug administration: (b) the administration site is prepped Source: Pearson Education/PH Intradermal drug administration: (b) the administration site is prepped Source: Pearson Education/PH
College Students, By Sex and Race-Ethnicity College Students, By Sex and Race-Ethnicity
Recent history of biochemistry shown by the introduction of new techniques. (part 2) Recent history of biochemistry shown by the introduction of new techniques. (part 2)
Sweet potato fries are not the healthier choice! Sweet potato fries are not the healthier choice!
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library