Rachel is thinking of starting a bookstore that would require her to invest $75,000 for inventory (books), furniture and other such items. Currently, she has her money invested in stocks, which she expects to return about 10 percent per year. She feels that the investment in her own bookstore would be no more risky than her current investment in stocks. What would the opportunity cost be to Rachel for the money she invests in the bookstore?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery