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mash [69]
4 years ago
7

A web designer quits a project where she was paid $50,000 on completion of the project. She starts a new company with sales reve

nues of $550,000 last year, while spending $250,000 on compensation for employees (excluding herself), $70,000 on capital, and $30,000 on materials. What was the firm’s economic profit?
Business
1 answer:
shepuryov [24]4 years ago
7 0

Answer:

$150,000

Explanation:

Amount paid after project completion was =$50,000

The sales revenue for the new company = $550,000

Total deductions =$(250,000+70,000+30,000)=$350,000

Economic profit is the difference between the earned revenue from sell of outputs and cost of all inputs used and any opportunity costs.

In this case, opportunity cost will be the amount received by the web designer after the quit of the project.

Economic profit = $550,000 - $350,000-$50,000 = $150,000

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When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

5 0
3 years ago
Imagine that a designer writes content for their online portfolio. To come across as knowledgeable about UX design, they include
denis23 [38]

To improve their written content, the designer can do the following:

  1. Understand the audience he targets.
  2. Incorporate storytelling to capture the interests of his audience.
  3. Make the presentation simple.
  4. Incorporation of text in the User Interface.
  5. Make a good copy to sell your skill.

<h3>Who is a designer?</h3>

A designer is an individual that uses computer-aided software and devices to plan and draw the soft/hard copies of a material.

A User Interface designer designs the screens that users go through while surfing a website.

To improve their written content and improve their portfolio, they can use the numbered steps above.

Learn more about UI Designers here:

brainly.com/question/898119

5 0
2 years ago
(I don't need this answered, I just wanted to put the correct answers out there for other users)
Ronch [10]

Answer:

1 with c

2 with b

3 with a

Explanation:

brain list pls

7 0
3 years ago
A company’s accountant is trying to prepare an adjusted trial balance from the list of accounts below. Cash $ 12,000 Retained Ea
Alik [6]

Answer:

114000

Explanation:

4 0
3 years ago
Given that the DM price of the ECU was 2.0583 and the DG price of the ECU was 2.3194. Then the DG price of the DM by cross rates
pav-90 [236]

Answer:

Option c (DM = about 1.13 DG) is the right approach.

Explanation:

Given:

DM price,

= 2.0583

DG price,

= 2.3194

Now,

By cross rates, the DG price of DM will be:

= \frac{2.3194}{2.0583}

= 1.13

Thus the above is the correct option.

7 0
3 years ago
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