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aniked [119]
3 years ago
8

Economic profits and lossesa. equalize the distribution of income in the long run. b. are essential to the reallocation of resou

rces from less desired to more desired goods. c. have no influence on the composition of domestic output. d. are both considered by economists to be a part of production costs.
Business
1 answer:
MatroZZZ [7]3 years ago
7 0

Answer:

The correct answer is letter "B": are essential to the reallocation of resources from less desired to more desired goods.

Explanation:

Economic profit is the difference between the company's profits from revenue and the overall opportunity cost. The difference between accounting profit and economic profit is significant. Only total revenue minus the explicit cost of producing goods or services is considered to calculate the accounting profit.

The economic profit is called a loss if after subtracting the opportunity costs from revenue the figure is negative. <em>Both profit or losses determine how resources will be allocated in a company prioritizing the more desired goods or those who are needed for the firm's operations.</em>

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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000;
wel

Answer:

17.30%

Explanation:

The computation of the return on investment is shown below

But before that the net income is

Sales $5,375,000  

Less: COGS -$3,225,000  

Less: Operating Expenses -$1,147,000  

Net Income $1,003,000

Now    

Return on Investment is

= Net Income × 100 ÷  Average Assets

= $1,003,000 × 100 ÷ $5,800,000  

= 17.30%

6 0
3 years ago
Presented below is information available for Concord Corporation. Current Assets Cash $ 4500 Short-term investments 50500 Accoun
disa [49]

Answer:

2.42 times

Explanation:

The computation of the acid test ratio is shown below:

Acid test ratio = Quick Assets ÷ Current liabilities

where,

Quick Assets = Cash + short term investment + account receivable

                      = $4,500 + $50,500 + $66,000

                      = $121,000

And, the current liabilities is $50,000

So the acid test ratio is

= $121,000 ÷ 50,000

= 2.42 times

Basically we applied the above formula to find out the acid test ratio

3 0
3 years ago
Nessca corp. manufactures electronic gadgets. it instructs its marketing team to competitively advertise and promote its gadgets
Natasha2012 [34]

I guess the correct answer is be inward looking, focusing on selling what the firm makes.

Nessca Corp. manufactures electronic gadgets. It instructs its marketing team to competitively advertise and promote its gadgets. The company, instead of believing in market research, believes that the market will absorb more products if customers are made aware of the products. The workforce of Nessca Corp. is most likely to be inward looking, focusing on selling what the firm makes.

4 0
4 years ago
Read 2 more answers
Addresses do not change if you copy them to a different cell
RideAnS [48]

I don’t get this answer but ok

7 0
4 years ago
At Shania's job, promptness is heavily stressed. However, Shania's supervisor never punishes anyone for being tardy, no matter h
Daniel [21]

Answer: Individual values

Explanation: In simple words, individual values refers to the personal beliefs and ideas on individual of what he or she considers good or bad. These beliefs starts developing right from the childhood and gets shape from the experiences over time.

In the given case, The organisation at which Shania works has strict working culture but due to the lenient behavior from her manager she takes advantage of coming late.

Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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