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Papessa [141]
3 years ago
11

n order to run the business Economan gave up a chance to earn $110,000 in a job at the local Space Agency. In addition, he estim

ates that instead of investing in his business he could have put money in the bank and earned $5,000 interest. A) What is Economan’s accounting profit?

Business
1 answer:
kirill [66]3 years ago
4 0

Answer: $100,000

Explanation:

His accounting profit is his Revenue less his Explicit Costs. Explicit costs are those costs that have an actual payment/ physical cash attached to them.

Accounting Profit = Revenue - Explicit Costs

= 230,000 - ( 10,000 + 100,000 + 20,000)

= 230,000 - 130,000

= $100,000

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In 2019, Liza exercised an incentive stock option that had been granted to her in 2016 by her employer, Weather Corporation. Liz
Artemon [7]

Answer:

$6,000

Explanation:

Since this sale and the exercise of the options didn't occur in the same year, we must make an adjustment for AMT.

In calculating alternative minimum taxable income (AMT), a taxpayer must add or subtract amounts from regular taxable income due to the different treatment of certain tax items for AMT.

In the year 2019:

market price of the stock = $250  

Liza acquired it at = $190,

Therefore,  

Gain = (Acquired price - market price of the stock) × no. of shares

        = ($250 - $190) × 100

        = $60 × 100 shares

        = $6,000

Liza needs to report this as income under AMT adjustments in 2019. This will be reported in for 6,251.

8 0
3 years ago
With your bill paid off and starting back at $0, the latest video game comes out and costs $60. You put it on your credit card a
monitta

Answer: 5 dollars per year

5 0
3 years ago
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and th
Keith_Richards [23]

Answer:

The frictional unemployment rate is <u>3.1</u> percent and the actual unemployment rate (in this economy) is <u>7.3</u> percent.

Explanation:

natural unemployment rate = frictional unemployment + structural unemployment

frictional unemployment = natural unemployment - structural unemployment = 5.3% - 2.2% = 3.1%

actual unemployment rate = natural unemployment + cyclical unemployment rate = 5.3% + 2% = 7.3%

Frictional unemployment is voluntary and happens when someone quits his/her job in order to look for a better job. Structural unemployment happens when the skills of the workers do not match the requirements of the hiring companies. Cyclical unemployment takes place when the economy is in recession.

5 0
3 years ago
WHY SHOULD YOU BE WARY WHEN USING INSTANT MESSGAES?
amm1812
Because it might be a person trying to hack your info or it could be a predator.
3 0
3 years ago
The systems viewpoint sees organizations as entities made up of four interrelated parts known as Group of answer choices inputs,
Reil [10]

Answer:

inputs, outputs, transformation processes, and feedback.

Explanation:

The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service

So as per the given situation the above should be the answer

6 0
3 years ago
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