use the figures below to answer the following questions :the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between building wooden boats and solving crimes.
-What is Gibbs's opportunity cost of making a wooden boat?
Definitions:
Cash Receipts
Monies received by a business, typically recorded during the period they are received.
Monthly Cash Budget
A detailed plan that estimates the cash inflows and outflows for a business over a specific month, assisting in management of cash resources.
Current Liabilities
Liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets.
Capital Additions
Expenditures made by a company to acquire or improve long-term assets to increase its efficiency or capacity.
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