A Common Opportunity Cost Associated with Renting Is

question 41

Multiple Choice

A common opportunity cost associated with renting is

• A)interest lost on the down payment.
• B)interest lost on closing costs.
• C)property taxes.
• D)maintenance costs.
• E)interest lost on the security deposit.

---

Definitions:

Days' Sales

Often refers to the average number of days it takes for a company to collect revenue after a sale has been made.

Inventory Management

The overseeing and controlling of the ordering, storage, and use of components that a company uses in the production of the items it sells.

Specific Identification

An inventory costing method where each item in inventory is identified and tracked individually.

Ending Inventory

The complete worth of goods on the market at the closure of a bookkeeping period.