What''s your opportunity cost of going to florida

Assignment Help Financial Management
Reference no: EM131115879

You can either spend spring break working at home for $80 per day for five days or go to Florida for the week. If you stay home, your expenses will total about $100. If you go to Florida, the airfare, hotel, food, and miscellaneous expenses will total about $700.

What's your opportunity cost of going to Florida?

Reference no: EM131115879

Questions Cloud

Various components of the criminal justice system : Locate at least two research articles on the topic of prison overcrowding from either the National Institute of Justice Data Collections or the National Criminal Justice Reference Service Databases. The studies do not necessarily have to agree on ..
Complete the excel spreadsheet for return on investment : Using the information given on the pdf file, complete the excel spreadsheet for Return on Investment. Feel free to add calculations and make notes to explain if needed. I will be using this guide in the future, so accuracy is important.
How your corporation could earn above-average returns : Determine ways in which the vision, mission, and stakeholders of a firm impact that firm's overall success.
Problem confidence interval for the population mean : In a random sample of 12 adults from the U.S., the mean waste recycled  per person per day was 1.4 pounds with a sample standard deviation of .3 pounds. Assume that the distribution of x = waste recycled per person per day is normal
What''s your opportunity cost of going to florida : You can either spend spring break working at home for $80 per day for five days or go to Florida for the week. If you stay home, your expenses will total about $100. If you go to Florida, the airfare, hotel, food, and miscellaneous expenses will tota..
Excel formula for calculating the t-score p-value : 1. What is the difference between a Type I and Type II error? 2. What is the Excel formula for calculating the t-score p-value?
Explain any legal issues regarding your selected clause : How your contract clause can be applied in a business managerial setting for either a personal, real, or IP dispute or an IP property clause regarding either owner of IP or trade secrets.
Problem regarding the standard deviation : The number of hours per week American adults spend on home computers is normally distributed with a mean of 4 hours and a standard deviation of 1.5 hour. An American adult is randomly selected.
Research one type of information systems : The goal of the assignment is to understand Information systems and Technology. Please research one type of information systems and:1. Describe what the system is and how it works.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the arithmetic return and geometric return

A stock has had returns of 11 percent, -8 percent, 6 percent, 21 percent, 24 percent, and 16 percent over the last six years. What is the arithmetic return? What is the geometric return for this stock? What is the standard deviation? (use the arithme..

  Current price-to-earning relationship for comparable firm

A venture capitalist wants to estimate the value of a new venture. The venture is not expected to produce net income or earnings until the end of Year 5 when the net income is estimated at $1,600,000. Estimate the value of the new venture at the end ..

  Weighted average of standard deviations of individual assets

An investor who is in the 33% tax bracket is indifferent between a 9% tax-free muni and a 6% taxable bond. The standard deviation of a portfolio of assets is simply the weighted average of the standard deviations of the individual assets.

  Capital structure-What is its WACC

Reactive Industries has the following capital structure. Its corporate tax rate is 30%. Security Market Value Required Rate of Return Debt $10 million 6% Preferred stock 30 million 8 Common stock 60 million 12 What is its WACC? (Do not round intermed..

  Consider the prevailing conditions

Consider the prevailing conditions that could affect the demand for stocks, including inflation, the economy, the budget deficit, national debt, and the Fed’s monetary policy, political conditions, and the general mood of investors. Based on these pr..

  Should the market price of the bond be

Dewey Cheetham and Howe Accounting firm is considering the purchase of $1,000 New Haven Muncipal Bond. The stated coupon rate is 5%, paid quarterly. The bond will matuure in 22 years. The YTM for similar bonds is 4%. What should be the market price b..

  Used in discounting this purchase transaction

Dubois Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $824,400. The purchase agreement specifies an immediate down payment of $227,800 and semiannual payments of $69,940 beginning at the end of 6 months for ..

  What is the firms investment in accounts receivable

Tauscher Textiles Corporation has an inventory conversion period of 45 days, a receivables collection period of 47 days, and a payables deferral period of 35 days. If Tauscher's sales are $3,309,028 and all sales are on credit, what is the firm's inv..

  Determined that a rate of return

Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $4,800, $9,800, and $16,000 over the next three years, respectively. After that time, they feel the business will be worthless. Marko has determ..

  Aims1 to allow students to explore in greater detail the

aims1. to allow students to explore in greater detail the major learning outcomes of the module and to demonstrate a

  Accounting major and has number of options for summer break

Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow:

  Execute locational arbitrage

Assume the bid rate of the Singapore dollar (SGD) is $0.3300, while the ask rate is $0.3350 at Bank A. Assume the bid rate for the SGD at Bank B is 0.3200, while the ask rate $0.3250. Given this information, what would be your gain if you use $1,000,..

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!

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