In making the decision to invest in the model 220 machine, the opportunity cost was:

A) $348,000
B) $340,000
C) $360,000
D) $411,000

Question

In making the decision to invest in the model 220 machine, the opportunity cost was:A) $348,000B) $340,000C) $360,000D) $411,000

Crescence Heath · Accepted Answer

Final Answer : D, Explanation :  Opportunity cost = Return from alternative investment = $411,000Reference: CH01-Ref38Bolka Corporation, a merchandising company, reported the following results for October:

In making the decision to invest in the model 220 machine, the opportunity cost was:

A) $348,000
B) $340,000
C) $360,000
D) $411,000

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