After graduating from high school, Peggy Smith decided to enroll in a two-year program at the...
After graduating from high school, Peggy Smith decided to enroll in a two-year program at the local community college rather than to accept a job that offered a salary of $12,000 per year. If the annual tuition and fees are $4,600, the annual opportunity cost of attending the community college is
Homework Answers
Answer
The opportunity cost is the forgone benefit of the activity and the forgone benefit of attending college is salary on the job which is $12000, where the tuition fees are explicit cost and not opportunity cost.
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After graduating from high school, Peggy Smith decided to enroll
in a two-year program at the...
Question 46 After graduating from high school, Peggy Smith decided to enroll in a two-year program...
Question 46 After graduating from high school, Peggy Smith decided to enroll in a two-year program at the local community college than to accept a job that offered a salary of $12,000 per year. If the annual tuition and fees are $4,600, the annual oppor cost of attending the community college is $4,600 $7.400 $12.000 $16,600 $24,000
A. John has two sons. David is 3-year-old, and Tommy turned 13 on May 1st in 2018. John paid a local daycare provider $1...
A. John has two sons. David is 3-year-old, and Tommy turned 13 on May 1st in 2018. John paid a local daycare provider $12,000 for David from January through December and $3,000 for Tommy from January through June. John’s earned income is 60,000. What is the maximum amount of qualified expenses John can use to figure the child and dependent care credit? a) $15,000 b) $ 5,000 c) $ 6,000 d) $ 3,000 B. Amy is single and works part-time...
Maria Turner has just graduated from college with a degree in accounting. She had planned to enroll immediately in the...
Maria Turner has just graduated from college with a degree in accounting. She had planned to enroll immediately in the master's program at her university but has been offered a lucrative job at a well-known company. The job is exactly what Maria had hoped to find after obtaining her graduate degree. In anticipation of master's program classes, Maria has already spent $450 to apply for the program. Tuition is $8,000 per year, and the program will take two years to...
At the beginning of the year, a high school football coach decided to leave his job...
At the beginning of the year, a high school football coach decided to leave his job and give up his annual coaching salary of $55,000 and open his own sporting goods store. A partial income statement for follows: 3. Revenues Revenue from sales of goods and services Operating costs and expenses: .... $210,000 Cost of products and services sold Selling expenses Administrative expenses Total operating costs and expenses Income from operations Interest expense (bank loan) Non-recurring expenses to start business....
Unemployment among high school graduates is quite high due to a recession. City Community College is...
Unemployment among high school graduates is quite high due to a recession. City Community College is considering a new program to help young people get the training they need to be more employable. The college has collaborated with the municipal hospital to build a nurse’s aide program, a 1-year program that would lead to immediate employment. Initial financial analysis indicates that the total fixed cost of the program will be $200,000, which includes the cost of a 1-year rental of...
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he&#...
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he's thinking about moving to Washington a year early to establish residency. It's worth considering, knowing that in state tuition is $12,000 per year, while out-of-state tuition is $50,000 per year. He's currently living out of state with friends for free, but if he...
Two of the three children intend to study at university after they finish high school. Emma...
Two of the three children intend to study at university after
they finish high school. Emma and Chris would like to pay the
university fees. Only the fees – the children will be responsible
for meeting their living expenses. For planning purposes, allow
AUD75,000 for each child and assume this amount will be allocated
in full when each enrolment is confirmed. One child will commence
university in four years and the other child will commence
university in six years. Discuss...
THE MBA DECISION Lexy Halliday graduated four years ago with degrees in accounting and finance. She...
THE MBA DECISION
Lexy Halliday graduated four years ago with degrees in
accounting and finance. She has been employed in the finance
department at Thorvaldsen Conglomerated (TC) since graduation. She
is satisfied with her current job, but is considering an MBA degree
to increase her skills and her advancement prospects. She has
examined a number of MBA schools. She has narrowed her choices to
1) staying in her current job, 2) getting an MBA at Arrington
University (AU) or 3)...
please show work The MBA Decision Case Information #1 #2 #3 #4 Timeline for Growing Annuity...
please show work
The
MBA Decision
Case Information #1 #2 #3 #4 Timeline for Growing Annuity THE MBA DECISION Lexy Halliday graduated four years ago with degrees in accounting and finance. She has been employed in the finance department at Thorvaldsen Conglomerated (TC) since graduation. She is satisfied with her current job, but is considering an MBA degree to increase her skills and her advancement prospects. She has examined a number of MBA schools. She has narrowed her choices to...
David Jetter graduated from college six years ago with a finance undergraduate degree. Although he is...
David Jetter graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal. After examining schools, he has narrowed his choice to either UCSD San Diego or Palomar College. Although internships are encouraged by both schools, to get class credit for the internship, no salary can be paid. Other than internships,...
Question 46 After graduating from high school, Peggy Smith decided to enroll in a two-year program at the local community college than to accept a job that offered a salary of $12,000 per year. If the annual tuition and fees are $4,600, the annual oppor cost of attending the community college is $4,600 $7.400 $12.000 $16,600 $24,000
Maria Turner has just graduated from college with a degree in accounting. She had planned to enroll immediately in the master's program at her university but has been offered a lucrative job at a well-known company. The job is exactly what Maria had hoped to find after obtaining her graduate degree. In anticipation of master's program classes, Maria has already spent $450 to apply for the program. Tuition is $8,000 per year, and the program will take two years to...
At the beginning of the year, a high school football coach decided to leave his job and give up his annual coaching salary of $55,000 and open his own sporting goods store. A partial income statement for follows: 3. Revenues Revenue from sales of goods and services Operating costs and expenses: .... $210,000 Cost of products and services sold Selling expenses Administrative expenses Total operating costs and expenses Income from operations Interest expense (bank loan) Non-recurring expenses to start business....
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he's thinking about moving to Washington a year early to establish residency. It's worth considering, knowing that in state tuition is $12,000 per year, while out-of-state tuition is $50,000 per year. He's currently living out of state with friends for free, but if he...
Two of the three children intend to study at university after
they finish high school. Emma and Chris would like to pay the
university fees. Only the fees – the children will be responsible
for meeting their living expenses. For planning purposes, allow
AUD75,000 for each child and assume this amount will be allocated
in full when each enrolment is confirmed. One child will commence
university in four years and the other child will commence
university in six years. Discuss...
THE MBA DECISION
Lexy Halliday graduated four years ago with degrees in
accounting and finance. She has been employed in the finance
department at Thorvaldsen Conglomerated (TC) since graduation. She
is satisfied with her current job, but is considering an MBA degree
to increase her skills and her advancement prospects. She has
examined a number of MBA schools. She has narrowed her choices to
1) staying in her current job, 2) getting an MBA at Arrington
University (AU) or 3)...
please show work
The
MBA Decision
Case Information #1 #2 #3 #4 Timeline for Growing Annuity THE MBA DECISION Lexy Halliday graduated four years ago with degrees in accounting and finance. She has been employed in the finance department at Thorvaldsen Conglomerated (TC) since graduation. She is satisfied with her current job, but is considering an MBA degree to increase her skills and her advancement prospects. She has examined a number of MBA schools. She has narrowed her choices to...
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