User Account

All Pages

What is the opportunity cost in dollar value to the church

Assignment Help Accounting Basics
Reference no: EM133055185

Question - The First Church has been asked to operate a homeless shelter in part of the church. To operate a homeless shelter the church must hire a full-time employee for $1,200/month to manage the shelter. In addition, the church would have to purchase $400 of supplies/month for the people using the shelter. The space that would be used by the shelter is rented for wedding parties. The church averages about 5 wedding parties a month that pay rent of $200 per party. Utilities are normally $1,000 per month. With the homeless shelter, the utilities will increase to $1,300 per month. If the Church operates the homeless shelter, it receives a cash grant of $1,500 from the city. What is the opportunity cost in dollar value to the church of operating a homeless shelter in the church?

Reference no: EM133055185

Questions Cloud

Calculate the net sales revenue for the transaction : Question - Jolly uses the Perpetual Inventory System with Weighted-Average Cost Method. Calculate the Net Sales Revenue for the transaction
List all the employees who were hired before 1982 : Find the average salary for each job type and the number of people employed in each job and List all the employees who were hired before 1982
What is definition of multicultural workforce : What is your definition of multicultural workforce? Provide an example of a good program mission and vision that incorporates the learning needs of a multicultu
Productivity software options : Which productivity software options do you advise her to choose?
What is the opportunity cost in dollar value to the church : If the Church operates the homeless shelter, it receives a cash grant of $1,500 from the city. What is the opportunity cost in dollar value to the church
What is the differential revenue for leasing the truck : The truck originally cost $60,000 and has accumulated depreciation of $40,000. What is the differential revenue for leasing the truck
Technological innovations for security : What are the positive and negative implications of technological innovations for security and loss prevention programs?
Create queries that utilize the sql capabilities : Create queries that utilize the SQL capabilities and Create combinations of the above. E.g. find the state of people named ‘Gerald' who were born
Scrum systems development process : If a Scrum systems development process were used instead a traditional waterfall approach, what role would Stacy Thomas hire for first?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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