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
hammer [34]
3 years ago
14

Katherine gives piano lessons for $20 per hour. She also grows flowers, which she arranges and sells at the local farmer’s marke

t. One day she spends 5 hours planting $50 worth of seeds in her garden. Once the seeds have grown into flowers, she can sell them for $150 at the farmer’s market. Katherine’s accounting profits are___________
Business
1 answer:
Debora [2.8K]3 years ago
6 0

Answer:$100

Explanation:

Accounting profit is total earnings less total cost.

Accounting profit = Total revenue - Total cost

$150 - $50 = $100

Economic profit = Accounting profit - Opportunity cost

$100 - ($20 ×5) = 0

You might be interested in
Thompson Company incurred research and development costs of $100,000 and legal fees of $30,000 to acquire a patent. The patent h
wariber [46]

Answer:

b. 3,000

Explanation:

The computation of the  Patent Amortization Expense in the first year is shown below:

= Legal fees to acquire a patent ÷ estimated useful life

= $30,000 ÷ 10 years

= $3,000

Only the legal expense would be amortized in a year.

And, the lesser period of legal life i.e 20 years and useful life i.e 10 years would be taken in the computation part. So, the lesser time period would be considered i.e useful life of 10 years

7 0
3 years ago
Read 2 more answers
Corporate culture is important to have in an organization which jf the following is a readin why corporate culture is important
solniwko [45]

Corporate culture is important as it guides how the workers in a company act and think.

<h3>What is corporate culture?</h3>

It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.

In this case, corporate culture is important as it guides how the workers in a company act and think.

Learn more about culture on:

brainly.com/question/25010777

#SPJ1

6 0
2 years ago
Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 865 2 1,040 3 1,290 4 1,385
andrezito [222]

Answer:

Total FV= $5,080.86

Explanation:

Giving the following information:

Cash Flow:

Cf1= $865

Cf2= $1,040

Cf3= $1,290

Cf4= $1,385

Discount rate (i)= 8%

<u>To calculate the total future value, we need to apply the following formula to each cash flow:</u>

FV= Cf*(1+i)^n

Cf1= 865*1.08^3= 1,089.65

Cf2= 1,040*1.08^2= 1,213.01

Cf3= 1,290*1.08= 1,393.2

Cf4= 1,385

Total FV= $5,080.86

5 0
3 years ago
The Meduri fruit company is using the brand asset valuator tool from Young &amp; Rubicam. Meduri has surveyed a wide segment of
Vaselesa [24]

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following,

The dimensions of the company that are being used to arrive at that conclusion are the dimension of Marketing and the dimension of Strategy. The other two dimensions, Operations and Finances, are important two but are not really considered in the statement.

So it is positive that the Meduri fruit company is using a form of evaluation to find its place in the market and discover new opportunities that are being missed by some "corporative blindness." The brand asset valuator tool from Young & Rubicam is a recommended tool to find new things about your brand and see future possibilities, opportunities, and challenges. After finding its results, Meduri has to develop a marketing and brand strategy to fulfill those potentials and to reposition the brand in the mind of consumers.

4 0
2 years ago
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently Janua
Natali5045456 [20]

The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.

<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>

The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.

The yield to maturity can be determined using a financial calculator:

  • Coupon = 7.1% = 0.071 x 2000 = $142
  • Number of years = 2042 - 2019 = 23
  • Price =0. 94387 x 2000 = 1,887.74
  • Full price = 2000

YTM = 7.62%

To learn more about yield to maturity, please check: brainly.com/question/5506528

5 0
2 years ago
Other questions:
  • An enterprise resource planning (ERP) system is: a. a collection of integrated software for every functional area within an orga
    11·2 answers
  • Runner's warehouse purchased digital watches for $92.99. its markup rate is 25% based on the selling price. what is the selling
    15·1 answer
  • Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in
    13·1 answer
  • What is the typical number of payments that can be made toward paying off a revolving credit loan?
    13·2 answers
  • The problem with average-cost pricing regulation is that once it is in place, there is a tendency for the:________
    8·1 answer
  • What is a short term goal
    14·1 answer
  • Tater and Pepper Corp. reported free cash flows for 2015 of $39.1 million and investment in operating capital of $22.1 million.
    11·1 answer
  • Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 y
    10·1 answer
  • Kershaw Electric sold $6,000,000, 10%, 10-year bonds on January 1, 2019. The bonds were dated January 1, 2019, and paid interest
    12·1 answer
  • Calculate interest amount forR3000<br> 10%p.a paid out every 6months
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!