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VashaNatasha [74]
3 years ago
6

Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay

s 3% interest per year. During the first year of her business, Adriana sold 2,000 cups of coffee for $2.50 per cup and 4,000 hours of Internet time, also at $2.50 per hour. During the first year, the business made monetary outlays of $9,000. You may assume that there is no opportunity cost to Ariana's time. Ariana's accounting profit for the year was
Business
1 answer:
Vikki [24]3 years ago
7 0

Answer:

The Ariana's accounting profit for the year was $6,000

Explanation:  

Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.

Where,

Total revenues includes sales revenues

And total cost includes monetary cost, etc.

So,

Accounting profit = Total revenues - Total cost

where

Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000

Monetary cost = $9,000

So,

Accounting profit = $15000 - $9000 = $6,000

Hence, the Ariana's accounting profit for the year was $6,000

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How do states with no personal income tax raise money for public services?
nata0808 [166]

Answer:

Just seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — do not levy an individual income tax. Relatively few New Hampshire and Tennessee residents pay tax on their income, but because these states collect taxes on dividends and interest income, they were not included on this list.

Explanation:

5 0
3 years ago
Bdj co. wants to issue new 19-year bonds for some much-needed expansion projects. the company currently has 8.8 percent coupon b
Musya8 [376]

Answer:

7.75%

Explanation:

We are given the present and future value of the bonds, the payments, and the number of payments, but we must determine the discount rate. Since I like to use excel, I will prepare a payment a series of cash flows to determine the internal rate of return:

  • initial cash flow = -1,128
  • 37 cash flows = 88
  • 38th cash flow = 1,088

using the IRR function:

=IRR(-1128,88 ... 37 times,1088) = 7.75%

In order for Bdj Co. to be able to sell their bonds at par value, they should offer a 7.75% coupon rate.

7 0
3 years ago
Change theorists and practitioners take an "it depends" approach in which the style of change, especially the style of leadershi
Iteru [2.4K]
Contingency c<span>hange theorists and practitioners take an "it depends" approach in which the style of change, especially the style of leadership, is dependent on the scale of the proposed change and the readiness of the staff to receive it. Contingency change theorists believe there is no best way for an organization to be organized and who should make appropriate decisions on behalf of the organization. </span>
8 0
3 years ago
The Gardner Company expects sales for October of $248,000. Experience suggests that 45% of sales are for cash and 55% are on cre
Korvikt [17]

Answer:

$68,200

Explanation:

expected sales      248,000

45% cash

45% of 248,000 =   (111,600)

credit sales

55% of 248,00

136,400

50% current month

136,400 x 0.50 =    (68,200)

<u></u>

<u>Ending Receivable  68,200</u>

The beginning receivable are expected to be collected during october (base on the data are 50% of credit sales for september wich are collected entirely on next month)

4 0
3 years ago
Which statement best describes a business creating an incentive, or a benefit?
muminat

Answer:

B. A restaurant offers a discounted price on a new type of dish.

Explanation:

Here are the options to this question :

Which statement best describes a business creating an incentive?

A. A factory increases production to respond to growing demand.

B. A restaurant offers a discounted price on a new type of dish.

C. A car dealership increases the price on a car when it becomes

more popular

D. A retailer stops carrying a product that doesn't sell well in its

stores

An incentive is a motivation to carry out a particular activity.

If the price of fish is discounted, consumers would be motivated and willing to purchase the fish because of the reduced price

7 0
3 years ago
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