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Marta_Voda [28]
3 years ago
8

What is the primary difference between accounting profits and economic profits?

Business
1 answer:
sergejj [24]3 years ago
6 0

Answer: Accounting profits ignore implicit costs; economic profits consider them.

Explanation: In simple words, implicit cost refers to the cost of choosing the best alternative and loosing the profit that one could have earned by choosing the second best alternative.

Accounting profit is the revenue that one has left with after compensating for explicit cost but economic cost also takes into consideration the implicit one.

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The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. How much of this change was due to
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Answer:

Dear Student,

I trust that this meets you well.

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3 years ago
Q2. The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls th
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<em>My </em><em>advice</em><em> to the owners of ABC Company </em>concerning internal controls affecting the office manager would be as follows:

It is time to promote the office manager. His promotion would relieve him of the responsibilities he handles presently. Promoting him would also enable management to segregate his duties.

Secondly, after implementing the promotion and segregation of duties, management should implement a <em>compulsory annual </em><em>leave policy</em>. Having a company-wide leave policy bolsters internal controls by preventing and discovering suspicious fraudulent activities.

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Learn more: brainly.com/question/17056417

7 0
3 years ago
The following information for "2019" pertains to Bartley Corporation: Capital contributions by shareholders $50,000 Realized los
Nadusha1986 [10]

Answer:

$13,500

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Bartley's gross income should include only two items:

  1. income from rent paid directly to a bond holder
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2019 gross income = $8,000 + $5,500 = $13,500

The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.

7 0
3 years ago
Which of the following things can help you get a lower interest rate when you receive a loan?
Marta_Voda [28]
I you go for a shorter term your monthly pay will go up but you interet rate will lower. 
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The Grow Your Garden seed company recently conducted a situation analysis. It decided on its marketing goals too. What is its ne
zhannawk [14.2K]

Answer:

To plan effective strategies and specific tactics to accomplish the strategic objectives

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Since the company has conducted situational analysis and chosen its marketing goals the next logical step is to plan effective strategies and specific tactics to accomplish the strategic objectives. Both situational analysis and marketing goals are needed in order to understand who to target and what to aim for. Once a company has this, they need to plan a course of action in order to accomplish those goals as effectively as possible.

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