Your aunt is thinking about opening a hardware store. she estimates that it would cost $500,000 per year to rent the location and buy the stock. in addition, she would have to quit her $50,000 per year job as an accountant. what is the opportunity cost of something

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: