Which of the following is an accurate description of opportunity cost? The opportunity cost of going to college is by studying things you enjoy and love.

The opportunity cost of going to college is the money you would have earned if you worked instead.

The opportunity cost of going to college is by listening to professors and attending class.

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Principals are an administration career