Joe's working rate = 1/16 per hour
Joe's working rate = 1/22 per hour
Let t = hours spent when working together.
Then
t = 1/(1/16 + 1/22)
= 1/(0.0625 + 0.0455)
= 9.263 hours
= 9 hours + 0.263*60 min
t = 9 hours, 16 minutes
Answer: 9 hours, 16 minutes
Answer:
A. Prospecting cover letter
Explanation:
Got it right :)
Answer:
(a) $60; $20 million
(b) $25; -$5 million
(c) $10; -$10 million
(d) -$25; -$75 million
Explanation:
(a)
Accounting Profit = Total revenues - Explicit cost
= $150 - $90
= $60 million
Economic Profit = Accounting Profit - Implicit cost
= $150 - $90 - $40
= $20 million
(b)
Accounting Profit = Total revenues - Explicit cost
= $125 - $100
= $25 million
Economic Profit = Accounting Profit - Implicit cost
= $125 - $100 - $30
= -$5 million (that's a negative $5 million)
(c)
Accounting Profit = Total revenues - Explicit cost
= $100 - $90
= $10 million
Economic Profit = Accounting Profit - Implicit cost
= $100 - $90 - $20
= -$10 million (negative $10 million)
(d)
Accounting Profit = Total revenues - Explicit cost
= $250 - $275
= -$25 million (negative $25 million)
Economic Profit = Accounting Profit - Implicit cost
= $250 - $275 - $50
= -$75 million (negative $75 million)
Answer:
B. False
Explanation:
Beginning balance
-Period of policy= expired 2 months
-Period of unexpired insurance = 1 month (Out of 3 month, Insurance premium for period "Jan 1 to Feb 28" is expired)
Amount in prepaid insurance insurance= $1800 * 1/3 = $600
Current balance
Period = "0" since period of coverage will start from 1 march
Period of unexpired insurance = 12
Amount in prepaid insurance = 4,100
Thus, Total amount in prepaid insurance for the beginning and Current period= $600 + $4,100 = $4,700
The amount in prepaid insurance is $4700, hence the balance as stipulated as Prepaid Insurance = $ 1,200 is false