Answer:
Explicit, explicit and implicit
Explanation:
The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc
While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost
This is the answer but the same is not provided in the given options
Answer:
$362,000 building and $231,000 in Fontaine's capital account
Explanation:
Fontaine and Monroe are forming a partnership
Fontaine invests a building that has a market value of $362,000
The partnership assumes responsibility of $131,000 note
Monroe invests $106,000 in both cash and equipment
The market value is $81,000
Therefore, since the building has a market value of $362,000 then, the amount that is recorded for the building is $362,000
The amount recorded for Fontaine's capital account can be calculated as follows
= $362,000-$131,000
= $231,000
Hence the amount recorded in the building and Fontaine's capital account is $362,000 and $231,000 respectively
Answer:
A) compete with one another in Olympia's internal capital markets.
B) are network member firms while Olympia is the strategic center firm.
C) are not necessarily related to one another in terms of products or markets.
Explanation:
A) An internal capital market refers to the way a corporation assigns capital resources to its different business units or subsidiaries in order to maximize its profits. The headquarter will always allocate more resources to its most profitable business units. Therefore, all the business units within a corporation compete against each other in order to get the most resources assigned to them.
B) When a corporation has different business units that are not necessarily working together but all must follow the same business strategy, the headquarters (Olympia Industries) acts as the strategic center and decides what strategies the whole corporation will follow. While the different business units act as network partners that operate separately but under the umbrella and guidance of the strategic center and its corporate strategy.
C) The fact that they all are part of a bigger corporation doesn't mean that they produce similar goods or services, or that they even compete in the same markets. For example, Amazon's profits proceed mostly from its cloud service unit AWS (B2B) and not the retail unit (B2C).
D) If the different business units don't work together, then it is probable that they don't share the same core competencies.
Answer:
Sole proprietorship
Explanation:
The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.
