1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ololo11 [35]
1 year ago
15

an example of an explicit cost of production would be the group of answer choices lost opportunity to invest in capital markets

when the money is invested in one's business. lease payments for the land on which a firm's factory stands. cost of forgone labor earnings for an entrepreneur. value of the time the business could've spent producing something else.
Business
1 answer:
HACTEHA [7]1 year ago
7 0

Option B. An example of an explicit cost of production would be  lease payments for the land on which a firm's factory stands.

<h3>What is the meaning of explicit cost of production?</h3>

Explicit costs are expenses incurred directly by a company, such as payments for goods, rent, or labor and salaries. Implicit costs are the opportunity costs associated with resources that the company already owns and uses for its operations, such as expanding a plant onto land it already owns.

Explicit costs are actual costs that are recorded in the general ledger of a business and are used to calculate profitability. Examples include rent and salary

Lease payments for the property where a company's facility is located are an illustration of an explicit cost of production.

Read more on explicit costs here: brainly.com/question/13853366

#SPJ1

You might be interested in
Which of the followinThe IS-LM can be viewed as a special case of the AS-AD model where:
CaHeK987 [17]

Answer:

Short run aggregate supply curve is flat ( A )

Explanation:

The special case of the AS-AD following the IS-LM is that the short run aggregate supply curve is flat

This is because in an AS-AD model the price level is constant and AD represents an equilibrium point along IS-LM model,  hence the price been constant, shows that in short run aggregate supply curve will be flat.

7 0
3 years ago
Arturo Company pays $4,000,000 cash and issues 20,000 shares of its $2 par value common stock (fair value of $50 per share) for
serious [3.7K]

Answer:

As follows:

Explanation:

For acquisition of Westmont Company.

Inventory dr. 600,000

Land dr. 990,000

Buildings dr. 2,000,000

Customer Relationships dr. 800,000

Goodwill dr. 690,000

Accounts Payable cr. 80,000

Common Stock cr. 40,000

Additional paid-up capital cr. 960,000

Cash cr. 4,000,000

For legal fees

Services Expense dr 42,000

Cash cr 42,000

For stock issuance

Additional Paid-In Capital dr 25,000

Cash cr 25,000

7 0
4 years ago
PLEASE HELP ME<br> My career is a traveling nurse
Damm [24]

Answer:

Step by step explanation

5 0
3 years ago
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information i
tiny-mole [99]

Answer:

(B) $45,000.

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $74,000

Adjustment made:

Add : Depreciation expense $52,000

Less: Increase in accounts receivable -$36,000

Less: Increase in inventory -$16,000

Less: Decrease in accounts payable -$29,000

Total of Adjustments -$29,000

Net Cash flow from Operating activities              $45,000

6 0
3 years ago
The right side of the balance sheet shows the firm's liabilities and stockholders' equity. Which of the following best describes
Leokris [45]

Answer:

1. Equity is the difference between the company's assets and liabilities.

2. D. $83

Explanation:

Req. A

We know,

The accounting equation is

Total asset = total liabilities + total stockholders' equity

Therefore, total asset - total liabilities = total stockholders' equity

So, we can say that equity is the difference between the company's assets and liabilities. However, equity cannot be claimed before the liabilities. Therefore, the option "A" is the correct answer.

Req. B

                          Now Inc.

      Statement of retained earnings

For the year ended, December 31, 20XX

Beginning retained earnings (Last year)                $527

Add: Net Income (Current year)                                 176

Less: Dividend (Balancing)                                   <u>     </u><u>(83)</u>

Ending retained earning (Current year)                 $620

Calculation: $(527 + 176 - 620) = $83

Therefore, the option "D" is the correct answer.

3 0
3 years ago
Other questions:
  • Kellogg’s froot loops cereal comes in six fruit flavors: orange, lemon, cherry, raspberry, blueberry, and lime. charise poured o
    11·1 answer
  • What is the current GDP? (Gross Domestic Product)
    12·1 answer
  • Ella makes minimum wage. Her job title is "System Assembly Supervisor." She primarily spends her workday putting together electr
    9·1 answer
  • Which of the following is not a true statement? a. Companies that are believed to have high bankruptcy risk generally receive lo
    10·2 answers
  • If the budget of a valley glacier were balanced for an extended time span, what feature would you expect to find at the terminus
    11·1 answer
  • CPA-79690 (F-09-04: Transactions and Events: Part 2)The city of Curtain had the following interfund transactions during the mont
    13·1 answer
  • If the government owes $10.0 trillion and then borrows $700 billion more this year, this leads toa. a debt of $700 billion and a
    13·1 answer
  • On January 8, the end of the first weekly pay period of the year, Regis Company’s payroll register showed that its employees ear
    10·1 answer
  • Which of the following is likely to occur as a result of new legislation regarding automobile safety
    6·1 answer
  • carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materia
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!