When studying finance or economics, the cost of a decision is also known as a (n)

O personal cost.

O financial cost.

long-term cost.

O opportunity cost.

Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate and the inheritance. How will these taxes affect her new estate and inheritance?

Sir William Petty studied Dutch shipyards where captains would build ships by placing people into groups that each specialized in building one part of the ship. Which economic principle does this represent?

A local bank is running the following advertisement in the newspaper: "For just $ 1 comma 000 we will pay you $ 100 forever!

The nation of redland reported that its imports for the previous year were $4 billion greater than its exports. during the same period, redland reported a favorable balance of payments. this information suggests:

If demand for product "A" were forecast at 1,000,000 units for the coming year and your factory has one machine capable of producing 4,500 units per week, how many similar machines might you plan to acquire?

Motorcycle Manufacturers, Inc., projected sales of 57,400 machines for the year. The estimated January 1 inventory is 6,890 units, and the desired December 31 inventory is 7,240 units. The budgeted production for the year is?

ewok enterprises recently elected the fair value option to account for its investment in yoda inc. ewok purchased the shares for 21000 and the shares are currently trading for 190000 at year end.

The General Fund of a city pays all utility bills received from private companies for services provided to city agencies. It then bills other funds for their shares of the bills. On May 10, the General Fund pays an electric bill for $230,000.

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 with credit terms 2/10, n/30. Flores uses the gross method of accounting for sales discounts.

The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 40 comma 000 Actual rate per hour $ 12.00 Standard rate per hour $ 11.