Kevin plans to go to college after he graduates from high school. The tuition is $8,000 a year, and room, board, and books cost $7,000 a year. If Kevin takes a full-time job instead of going to college, he would earn $30,000 a year. What is the opportunity cost if Kevin decides to attend college

The owners of spokes bicycle shop worry that cash flow this winter may be insufficient to meet the current operating expenses. while they anticipate a surplus of cash inflow as warm weather approaches, they need funds now to meet the company's immediate obligations. the owners can best resolve cash flow concerns by obtaining financing.

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?

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