Answer:
Interest
Explanation:
Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.
Answer:
$1,200
Explanation:
Actual Cash Value defined either as i) the fair market value of the item, or ii) the Replacement Cost of the item minus depreciation based upon the age of the item that was damaged.
Replacement cost = $2,000
Depreciation= 3 years remaining of it's life = 3/5 × 100 = 60%
Actual cash value = $2,000 × 60% = $1,200.
Answer: Option (C)
Explanation:
Sales mix is referred to as or known as the calculation that tends to determine proportion of each commodity or product that a business/organization sells relative to the total sales. Sales mix is mostly significant since some of the products, commodity or services tends to be much more profitable than the others, and thus if an organization's sales mix changes,so will its profits.
The price of the item is $100. They are doubling the price.
