Answer: This means: "d. Your economic profit has gone down and your accounting profit has stayed the same."
Explanation: The difference between the accounting and economic benefit is associated with the type of cost that each includes:
The accounting benefit is nothing more than the difference between income and cost. In this case it is still $50000.
The economic benefit includes not only explicit costs. The economic benefit is the difference between income and total costs (explicit and implicit). Therefore, this benefit is less than the accounting benefit. Because in this case the cost of working at home is considered.
Answer:
bureaucratic organizations
Explanation:
Bureaucratic organizations -
It is a form of management with a pyramidal command structure , it is a very organized form of management , having formality , is known as bureaucratic organisations .
They are the one with high efficiency with strict control and command .
hence ,
The correct term for the given statement is bureaucratic organizations .
Answer:
The correct answer is option d.
Explanation:
The effficent market hypothesis is an investment theory which advocates that the stock prices reflect all the available information. As a result, stocks are always traded at their fair value.
The strong form of efficient market says that stock prices reflect all information whether public or private.
This implies that investors cannot have more than normal profits. In the above example, the investors are able to make profit through insider information. This means that the market is less than strong form efficient.
Answer:
Talikastan's exports in 2015 is $ 300.
Explanation:
This question requires us to calculate export of Talikastan. We can easily determine export by putting value in the equation use for calculating gross domestic production of a country.
GDP = consumption + investment + spending + (exports – imports)
8800 = 5300 + 2000 + 1800 + export - 600
Export = $ 300
Answer:
$25,000
Explanation:
The computation of the adjusted balance of retained earning is shown below:
Since the depreciation expense is overstated on 2019 which decreased the earnings so it would be added
Since the depreciation expense is understated on 2020 which increased the earnings so it would be deducted
And, the ending inventory for 2020 is understated which decreased the earning so it would be added
Therefore, the adjusted balance is
= $24,000 - $4,000 + $5,000
= $25,000
