Answer:
The concept of economic profit ....... <u>alternative</u> two options.
If economic profit is positive .......... <u>Current </u>option.
If economic profit is negative............ <u>Other </u> option
Explanation:
Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).
Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).
The concept is used to make decision between two<u> alternative</u> options. Given, zero economic profits imply indifference.
Positive Economic Profit implies - one should choose<u> Current </u>option, as it will make <u>Better off </u>, having more benefit than other option
Negative Economic Profit implies - one should choose <u>Other </u> option, as it wil make better off, having more benefit than the former considered option.
Answer:
Answer is given below.
Explanation:
-Income from Continuing Operation 700000
-Discontinued Operations
-Loss from operations of 60000
discontinued segment (75000*80%)
-Gain on disposal of discontinued 168000 108000
segment (210000*80%)
-Net Income 808000
Answer:
Uber’s main angel is to become the main source for the transportation of people and local commerce around the country. This means ” adding scooters, bikes, public transportation schedules (and, even the ability to buy tickets) to Uber’s app. They will make it easier for more people to work for them and also it will benefit them financially.
Explanation:
The answer would be
A. union-friendly
because during the new deal labor laws that favored unions were passed
Answer:
The pound's forward discount or premium is 3.74%
Explanation:
The current spot rate is 1 Pound = $2
The interest rate parity exists, then:
The forward rate:
1 Pound*1.07 = $2*1.11
1.07 Pound = $2.22
1 pound = $2.0748
The Premium in Pound = $2.0748 - $2
= $0.0748
Premium rate = $0.0748/$2*100
= 3.74%
Therefore, The pound's forward discount or premium is 3.74%
