Answer: A. $70,000
No
Explanation:
Opportunity cost is the cost of forgone opportunity. It is what Jing would have earned ($70000) if she didn't start her business.
Even though Jing is making an accounting profit, her economic profit is negative,$-20,000.
Economic profit = Accounting profit - Opportunity cost
Answer:
Marketing Information Management and Research, Distribution and Logistics, and Marketing Communications and Promotion employees can work in offices
Explanation:
I took this test before and this was the answer
Answer:
10.4%
Explanation:
The formula to calculate the cost of equity is:
Cost of equity= (DPS/MPS)+r
DPS= Dividend per share
MPS= Market price per share
r= Growth rate of Dividends
Cost of equity= (2.77/40.12)+0.0350
Cost of equity=0.069+0.0350
Cost of equity=0.104→ 10.4%
The company's cost of equity if the current stock price is $40.12 per share is 10.4%.
Answer:
a)Received cash for services performed.
+ Assets (cash)
+ revenues (fees earned)
This has impact on stockholders equity as the revenues increase the earnings of the business. The company receives an asset (cash increasease of their services, that asset received is what icnrease the value of the company)
b)Paid cash to purchase equipment.
+ Assets (equipment)
- Assets (cash)
This transaction doesn't involve Equity It is just a change in the Assets compositions. It has no impact on the income neither.
Explanation:
These two Sales Revenue accounts (the sales returns and sales allowances) are classified as <em>Contra accounts.</em> They have debit balances unlike the Sales Revenue account.
- The purpose of their creation is to maintain the Sales Revenue account at its gross amount for measure purposes.
- The Sales Returns account is the General Ledger account for recording goods returned by customers. It reduces the Accounts Receivable account, which is credited with Sales Returns.
- The Sales Allowances account records allowances granted to customers for defective goods, which reduce their balances.
Thus, the two sales accounts are contra accounts and they have debit balances.
Read more: brainly.com/question/14869899
