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Lubov Fominskaja [6]
3 years ago
15

Economic profit can be derived from calculating total revenues minus all of the firm's costs

Business
1 answer:
Mice21 [21]3 years ago
6 0

Answer:

Economic profit can be derived from calculating total revenues minus all of the firm's costs, Economic profit can be derived from calculating total revenues minus all of the firm's costs, including its opportunity costs. are two stark realities any business firm must recognize.

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Roger always purchased insurance for the 10 years he owned an expensive speedboat. Since he never had an accident, the premiums
miv72 [106K]

The answer base on the given scenario would be letter a, Roger would gain benefits as he was protected from a financial loss as this insurance covers him financially as the insurance of which premiums he has paid and were to gain would only make him the person of having to have the benefit as he is the one who has the insurance covered for him, which is entitled to his name and that the benefits and offers would be his gain.

6 0
3 years ago
Which of the following is a reason advertising can be economically wasteful? Advertising provides consumers with price and quali
babymother [125]

Answer:

The most effective advertising is very expensive and, therefore, wasteful.

Explanation:

In order for something to be considered economically wasteful it must use and dispose money carelessly.

Therefore options:

  • Advertising provides consumers with price and quality information about products.
  • Advertising manipulates people's tastes and can reduce competition.

Do not apply since the options do not consider the costs of advertisement.

The only option that considers the cost of advertisement is: The most effective advertising is very expensive and, therefore, wasteful. It refers to the high costs of effective advertisement, and it implies that the money is not used carefully.

5 0
2 years ago
On October 1, 2017, Vaughn, Inc., leased a machine from Fell Leasing Company for five years. The lease requires five annual paym
Alisiya [41]

Answer:

Explanation:

1.Amount to be paid Annually to fell leasing Company = $10,000.

Incremental rate of borrowing = 11%

Lease Period = 5 yrs.

2. Value of lease equipment as on 1st October 2017 i.e., date of lease.

= 10,000 * (PVOA) = (11* for 5 years)

=10,000 * 3.6959 (using -PVAF table)

= $ 36,959

Factors are used according to the table of PVAF

3.Lease liability as on 31-12-2017

= 10,000 * PVAD (11 * 4 years) [since 4 years in these)

 = 10,000 * 3.44371

= $ 34,437.10

Lease liability as on 31st Dec 2018

= 10,000 * PVAD (11% 3 years) (still 3 yrs left as on 31-12 -2018)

= 10,000 * 2.71252 = $ 27,125.20

7 0
3 years ago
In 2014, General Mills acquired Annie's Home-grown, an organic food company, to meet a growing demand by consumers to have acces
Sedbober [7]

Answer:

A. Generating, refining, and evaluating potential marketing actions.

Explanation:

Marketing research are the processes that are used to connect consumers and manufacturers to marketers. Infornation is used to generate, refine, and evaluate potential marketing actions. It is used to evaluate marketing mix and how changes affects the consumer's behaviour.

General Mills used marketing research to identify ways to grow the brand, promote it, and evaluated plans to market it. Due to increased demand for organic and natural foods.

This is use of generating, refining, and evaluating potential marketing actions.

8 0
3 years ago
Which company attribute increases in value as stakeholders view that company in a positive light?
valentinak56 [21]

The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

<h3>What is the The company attribute about?</h3>

Goodwill by a firm is known to be one that needs to be earned or made in a given time period.

Note that  it is one that is seen as the tool for success and profitability. A company's name, as well as their  corporate logo, and their  trademark will help to increase in value as stakeholders view of the  company.

Therefore, The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

Learn more about company logo from

brainly.com/question/3686713

#SPJ1

4 0
1 year ago
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