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Wewaii [24]
4 years ago
6

Joe runs a restaurant. he pays his employees​ $200,000 per year. his ingredients cost him​ $50,000 per year. prior to running hi

s​ restaurant, joe was a lawyer earning​ $150,000 per year. what would economists say is​ joe's cost of running the​ restaurant?
Business
1 answer:
nikklg [1K]4 years ago
6 0
The cost of running the restaurant is $250000 per year
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You find a certain stock that had returns of 14 percent, −11 percent, 21 percent, and 22 percent for four of the last five years
sp2606 [1]

Answer and Explanation:

The calculations of the stock return for the missing year is shown below:

a. Let us assume the fifth year stock return be x

As we know that  

Average rate of return = Total returns ÷ number of years

0.12 = (0.1 - 0.11 + 0.21 + 0.22 + x) ÷ 5

So after solving this, the x is 14%

b. Now the standard deviation of the stock return is presented in the excel spreadsheet

The standard deviation is 13.40%

4 0
3 years ago
On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common
gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

7 0
3 years ago
When paraphrasing or summarizing, it is not necessary to give credit to the original source if you use your own words.
cestrela7 [59]
I think this is true
7 0
4 years ago
Read 2 more answers
please someone should help me.....how do we solve the square root of x +8 plus the square root of x+1 equals 7.....note the ques
lilavasa [31]

Answer:

(√x+ 8) +(√x+1 )=7 square both sides

x+8+x+1=49

2x+9=49

2x=49-9

2x/2=40/2

x=20

6 0
3 years ago
Inefficiency exists in a market when a good is
ddd [48]

Answer:

d. being consumed by buyers who value it most highly."

Explanation:

Since the efficiency arises when optimal amount of each good and service is being produced and consumed in the economy.

Hence it can be said that inefficiency exists in the economy when a good not being consumed by the consumer who value it highly.

3 0
3 years ago
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