Consider the following. Joe is deciding whether to go to college full time. If he does not attend college, he will continue to work at his current job. At which Joe earns $14,000 annually. He estimates that tuition and fees at the local public college will be about $10,000 per year and that he can graduate in four years if he does not work. He estimates he will earn about $600,000 more in his working lifetime with a college degree than without one. Required:
a. What will be Joe’s opportunity cost of four years of college?
b. What will be his net benefits (benefits minus costs)?
c. Should he make the investment in education?

In business,what would be the input, conversion and output of operating a summer band camp

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false