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GaryK [48]
3 years ago
7

Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store ea

rned an economic profit of $50,000 last year, this means that the store's accounting profit equaled: a $6,000. b $56,000. c $94,000. d $2,044,000. e $2,050,000.
Business
1 answer:
Korolek [52]3 years ago
7 0

Answer: $94,000

Explanation:

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Ainat [17]

Answer:

Jason's accountant should consider a single plantwide rate to correct the problem.

Explanation:

If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.

4 0
3 years ago
How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,
Elden [556K]

Answer:

PV= $11,889.05

Explanation:

Giving the following information:

Future Value (FV)= $13,000

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PV= $11,889.05

5 0
2 years ago
What does the term primary, secondary and tertiary mean in business?
seropon [69]

Tertiary means commercial services.

Primary business purpose is a phrase denoting that the main intent of traveling out of town was to transact business.

A secondary industry makes products that are more likely to be consumed by individuals.

Hope this helps, have a good day. c;

7 0
3 years ago
Read 2 more answers
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Answer:see attached file

Explanation:

4 0
3 years ago
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A group of computers that are interconnected in order to share information or documents is called a
Mashutka [201]
A group of such computers - which get interconnected in order to share information or documents are usually called a computer network.
This is a common type of networking when working in large companies or businesses.
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3 years ago
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