pam, pru, and pat are deciding how they will celebrate the new year. pam prefers to go on a cruise, is happy to go to hawaii, but does not want to go skiing. pru prefers to go skiing, is happy to go to hawaii, but does not want to go on a cruise. pat prefers to go to hawaii or to take a cruise, but does not want to go skiing. they decide to go to hawaii.
what is the opportunity cost of the trip to hawaii for each of them?
a. the opportunity cost for each of them is the airfare to hawaii
b. the opportunity cost for pam and pat is a cruise and for pru it is skiing
c. the opportunity cost for pam and pat is the airfare to hawaii minus the cost of a cruise and for pru, it's the airfare minus the cost of a ski trip
d. the opportunity cost for each of them is the airfare to hawaii minus the cost of a cruise

Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.