Who first postulated the existence of the electron?

In the month of November, Carla Vista Co. Inc. wrote checks in the amount of $9,565. In December, checks in the amount of $11,46

liberstina [14]

Checks written in November $9,750

Less: Checks paid by bank in November $8,800

Checks outstanding at the end of November $950

Add: Checks written in December $11,762

Less: Checks paid by bank in December 10,889

Checks outstanding at the end of December $1,823

hope this helps!

- a random freshman

7 0

3 years ago

Larry lives in Chicago and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. Of

OLga [1]

Answer:

a)

1. Explicit cost

2. Implicit Cost

3. Implicit Cost

4. Explicit cost

b)

Accounting Profit is $62000.

Economic Profit is -$3000. (a loss of $3000)

Explanation:

a)

Explicit costs are those costs incurred by a business that require an outlay of money as a result of operating a business.

Implicit costs, on the other hand, are the costs that do not require an outlay of money as a result of operating a business. They are instead the opportunity costs of operating a business or the benefits that are foregone.

1. The wages and utility bills are a result of operating a business and requires and outlay of money as their payment. They are explicit costs.

2. The rental income could have been earned if Larry rented the showroom he is using to operate his business from. The rent foregone is an opportunity cost and is an implicit cost.

3. The salary Larry could have earned is also something that Brian has to forego to operate his business and is an implicit cost.

4. The cost of purchases paid to manufacturer requires outlay of money and is an explicit cost.

b)

Accounting profit = Total Revenue - Total explicit cost

Economic profit = Total revenue - (Total Explicit Cost + Total Implicit Cost)

Accounting Profit = 793000 - 430000 - 301000 = $62000 profit

Economic profit = 793000 - (430000 + 301000 + 15000 + 50000) = -$3000 loss

6 0

3 years ago

Marketing environmental forces are often _______. a. stable b. non-influential c. easy to predict d. interdependent e. controlla

inysia [295]

Marketing environmental forces are often interdependent.

4 0

3 years ago

Does audit service needed in Auchi polytechnic student union government of yes why

ladessa [460]

Yes audit service is needed in the Union government of this school called Auchi polytechnic.

<h3>What is audit?</h3>

This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.

It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.

It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.