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GrogVix [38]
3 years ago
11

Economic profits are Multiple Choice always larger than accounting profits. the sum of accounting profits and implicit costs. eq

ual to the difference between total revenues and implicit costs. equal to the difference between accounting profits and implicit costs.
Business
1 answer:
AleksandrR [38]3 years ago
6 0

Answer:

The answer is: Economic profits is equal to the difference between accounting profits and implicit costs.

Explanation:

Unlike accounting profits which only take explicit expenses into account, Economic profits take both explicit and implicit costs into account to come up with the net worth a firm/a project is generating.

These implicit costs are opportunity costs which by operating a firm or by taking a project, an economic benefit has to be sacrificed for the firm or the project to be operated/ carried out.

So, to come up with economic profit from accounting profit, we have to further subtract implicit cost from accounting profit or:

Economic profit = Accounting profit - Implicit costs.

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Brenda, a job applicant at Trade Winds Corp., discovers that the job she is applying for requires her to be a union member befor
Inessa [10]

Based on the information given, it can be deduced that Trade Winds Corp. has a closed shop arrangement.

A closed shop arrangement simply means a place of work where all the employees gave to belong to an agreed trade union.

Under this condition, an employer will only employ the people that are to be part of the trade union. Therefore, it can be seen that Trade Winds Corp. has a closed shop arrangement.

Learn more about trade union on:

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6 0
2 years ago
What does cc and bcc mean in business studies​
WARRIOR [948]

Answer:

Using cc means that you send the email to another person — or other people — in addition to the primary recipient or recipients. When you use cc, everyone who receives the email can see who else received it. Bcc (“blind carbon copy) also sends a copy of the email to one or more people beyond the primary recipient(s).

Explanation:

4 0
3 years ago
If, in a specific year, exports are $40 billion, business expenditures are $60 billion, the government collects $50 billion in t
katovenus [111]

The fiscal deficit for the government for the current year will be $20 billion for the given condition.

<h3>What is fiscal deficit?</h3>

The condition where there is an excess of expenditures over the income during a given financial period, it is known as fiscal deficit. The computation of fiscal deficit using the formula and the given information will be,

Fiscal Deficit = (Total Income – Total Expenditure)

Fiscal Deficit = $50 billion – $70 billion = -$20 billion

Hence, option C holds true regarding fiscal deficit. The complete question has been attached in the image for better reference.

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#SPJ1

3 0
2 years ago
A plant is proposing to install a combined heat and power system to supply electrical power and process steam. Power is currentl
Degger [83]

Answer:

Cumulative net present value of the project is:

= $33.5 million.

The discounted cash flow rate of return is:

= 26%

Explanation:

a) Data and Calculations:

The capital cost of the combined heat and power system = $23 million

Expected net savings per year = $10 million

Project period = 10 years

Discount rate = 12%

Annuity PV factor for 10 years at 12% = 5.650

Total PV of the cash flows = $56.5 million (5.650 * $10 million)

NPV of the project = $33.5 million

Annualized NPV = $33.5 million/5.650

= $5,929,204

Discounted cash flow rate of return = Annualized NPV/Investment * 100

= $5,929,204/$23,000,000 * 100 = 26%

6 0
3 years ago
The shareholders of Flannery Company have voted in favor of a buyout offer from Stultz Corporation. Information about each firm
Nonamiya [84]

Answer:

The answer is "$4.311".

Explanation:

Calculating the EPS after the merger:

\text{Stultz Corp Post Merger Earnings} = 220,000 + 1,000,000 \\\\

                                                      = \$1,220,000

\to \text{Number of Shares Post Merger:} \\\\=\frac{99,000}{3} + 250,000\\\\ = 283,000\\\\\text{EPS Post Merger} =\frac{\text{Stultz Corp Post Merger Earnings}}{\text{Number of Shares Post Merger}} \\\\

                            = \frac{1,220,000}{283,000} \\\\= \$4.311

7 0
2 years ago
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