Describe a situation when you have personally caused or been affected by a positive or a negative externality. Please remember that a negative externality occurs when someone does something that negatively affects the people around them, but the person doing it doesn't take the negative impact on others into consideration. Please remember that a positive externality occurs when someone does something that positively affects the people around them, but the person doing it doesn't take the positive impact on others into consideration.

Ratio analysis is the principal tool of financial analysis, and ratio comparison can illustrate the firm’s financial health.The financial statements and industry standard ratios for a hypothetical firm are listed in the template and below. Use these to complete the Ratio Analysis in the template.

Read the articles. Please choose just one case from the list below and answer the question(s) associated with the case that you have chosen. 1) 1) The opportunity cost of buying iPhones and Cronuts By Ben Walsh, September 2013 http://blogs.reuters.com/ben-walsh/2013/09/20/the-opportunity-cost-of-buying-iphones-and-cronuts/ 2) The potential economic costs of Tropical Storm Harvey: Explained by Nathaniel Meyersohn, August 26, 2017 http://money.cnn.com/2017/08/25/news/harvey-costs/index.html 3) Unpaid internships offer valuable experience, but only for those who can afford it. http://chicagomaroon.com/2012/04/13/opportunity-cost/ by Dillon Cory - Apr 13, 2012 4) 8 Chores That Aren't Worth Your Time (So Outsource Them!) http://www.dailyfinance.com/2014/06/16/chores-not-worth-your-time-outsource-them/ by Hank Coleman – June 16, 2014 5) Paying for Health care with time http://news.harvard.edu/gazette/story/2015/10/paying-for-health-care-with-time/ 6) It Costs You $43 to Sit Around the Doctor’s Waiting Room http://time.com/money/4063039/time-money-doctor-visit-healthcare/ 7) What is the Value of Exercise? 2,500 by Gretchen Reyholds, Sep 7, 2016. https://www.nytimes.com/2016/09/07/well/move/whats-the-value-of-exercise-2500.html You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students as well as to your instructor. Please choose one case to answer the question from the list below. Reflection – the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace. You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are not in this line, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of standing in line.Think about what you would be doing if you weren’t in class. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you were not in class, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of sitting in class.The classic example of opportunity cost is the costs of going to college. Illustrate the implicit opportunity cost of foregone income as well as tuition, books, etc. Think about whether room and board should be considered a cost of college. What are your opportunity costs of going to college? Calculate (in $$$) your opportunity costs of going to college.Discuss the opportunity costs of natural disasters. Create your own example of the opportunity costs of natural disaster. Calculate (in $$$) opportunity costs of natural disaster.Discuss the opportunity costs of your visiting the doctor's office. Calculate (in $$$) youropportunity costs of your visiting the doctor's office.Read the articles and create your own example of opportunity costs of an activity. Your ideas should be supported by calculation (in $$$) of opportunity costs.