User Account

All Pages

What is the opportunity cost

Assignment Help Finance Basics
Reference no: EM132498128

You purchased a brand new laptop for an online course you are taking.

The online course tuition costs $500, you paid off the tuition with cash. For the laptop, you paid $1,000 (cash) plus additional $100 (cash) of insurance if the laptop needed repairs within 1 year from purchase date. One month into the brand new laptop you accidentally spilled hot coffee on your laptop. The laptop would not turn on and it requires service or repair. The cost of repair is completely covered by the insurance. However, to complete the homework you purchased a used laptop on eBay for $500. You paid for the used laptop with a credit card on which you revolve the balance with an interest rate of 10% annually. You estimate the resale value of the used laptop is $250. Make no other assumptions about anything else.

Q: What is the opportunity cost of taking that online course?

Reference no: EM132498128

Questions Cloud

Strategic management and leadership report : Understanding of the links between strategic management, leadership and organisational direction and the skills to apply this understanding
Determine the type of accounting change : Indicate the type of accounting change and prepare the appropriate year-end adjusting entry (entries) that should have been made at December 31, 2017.
Plot transformed equations on a graph : Following are three sample equations. Plot them on a graph in which Q is on the vertical axis and P is on the horizontal axis. Then transform these equations
Develop a supplier appraisal check list : Task - Identify four sourcing approaches, and for each one, identify and explain how you apply them to a category of spend within your organisation
What is the opportunity cost : You purchased a brand new laptop for an online course you are taking.
What are the projected spontaneous liabilities : Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations.
Sets and the overall amount of vases traded : What is the profit-maximizing quantity produced by rm B? What is the price that it sets and the overall amount of vases traded in the market?
Write down the utility maximization problem subject : Write down the utility maximization problem subject to his budget constraint. Write down the First order conditions for the maximization problem.
What are the projected total operating assets : Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the sustainable growth

Calculate the sustainable growth based on the following information:

  Problem regarding the tax setting

Now please consider the following tow TAX setting:

  Problem regarding the diminishing marginal returns

Explain in about 4 paragraphs with numerical illustrations and graphs what is Diminishing Marginal Returns.

  Effect of balance of payment on the exchange rate

You need to justify your prediction clearly using academic theories (i.e. international parities; the effect of balance of payment on the exchange rate, etc.)

  What is the break-even point in units for poseidon swim

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $35.02. The variable cost per unit is $25.71.

  Vertical analysis of a balance sheet beta graphics inc has

vertical analysis of a balance sheetbeta graphics inc. has the following databeta graphics inc. comparative balance

  Calculation of interest rate swap in return for libor

Under the terms of an interest rate swap, a financial institution has agreed to pay 10% per annum and to receive the 3-monthLIBOR in return on a notional principal of $50 million with payments exchanged every 3 months.

  What are benefits of debt consolidation for richard

FNS40815 - Certificate IV in Finance and Mortgage Broking - Kaplan business school - What are the benefits of debt consolidation for Richard and Pauline

  What is its wacc rounded to two decimal places

How much of the new investment must be financed by common equity - What is its WACC rounded to two decimal places

  What is the present value of the annuity

What is the present value of the following annuity? $3,401 every half year at the end of the period for the next 9 years, discounted back to the present at 12.92 percent per year, compounded semi- annually.

  Review problem of mateo regarding retirement

Mateo currently has nothing saved for his retirement, which will start in 6 years from today. Mateo wants to receive 68,500 dollars each year for 5 years.

  How much should you give him today

Using 5.5% as the rate, how much should you give him today? Assume annual compounding.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd