Why are sales so important? please describe in details

Victor is the recipient of $1 million from a lawsuit. Victor decides to use the money to purchase a small business in Florida. H

ryzh [129]

Answer:

Economic profit = -$25,000 option c

Opportunity cost = $175,000 option d

Accounting profit to allow for zero economic profit = $175,000 Option c

Explanation:

<em>Economic profit is the difference between revenue and implicit cost. Implicit cost is the sum of out-of-pocket accounting cost and opportunity cost.</em>

<em>opportunity csot is the value of the benefit sacrificed in favour of a decision.</em>

Economic profit = Accounting profit - opportunity cost

Opportunity cost for victor includes

1. The $100,000 per year which he would have earned had he invested the money in a bond

2. The annual salary of $75000 he forfeited

Total opportunity cost = 100,000 + 75,000= $175,000

Economic profit = 150,000 -175,000 = -$25,000

To attain an economic profit of zero , the accounting profit ought to be the same at the opprotunity cost of $175,000

Economic profit = -$25,000 option c

Opportunity cost = $175,000 option d

Accounting profit to allow for zero economic profit = $175,000 Option c

7 0

3 years ago

During the swing era, economically speaking, American labor industries increasingly turned to _______ and ______ to make the eco

Sergeu [11.5K]

Answer: machines; new technologies

Explanation: A number of factors all coalesced into the great depression of 1929. This was a time followed by the swing era (1933 - 1947)— the period of time when big band swing music was the most popular music in the US. However, there were a variety of economic changes in great depression that helped Americans cope with the undue hardship caused by the depression and the war that followed. At this time of slow growth, American labor industries increasingly turned to machines and new technologies to enable the economy run more efficiently which helped saved time in producing goods or delivery of services, contributing to the overall profits of the American businesses. It also contributed to the efficiency of a business's output rate, allowing for larger quantities of products to be moved or of services to be rendered.

8 0

2 years ago

Imagination Dragons Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 15-year zero coup

Vladimir79 [104]

Answer:

a) Zero coupon bond does not pay periodical interest and formula to compute the value of a zero-coupon bond:

Value = Face Value / (1 +Yield / 2) ** Years to Maturity * 2

b) Interest deduction

After 1 year bond value from the above equation is 437.08

437.08 - 411.99 = 25.09

In the 14th year bond value from the above equation is 942.60

1000 - 942.60 = 57.40

c) Straight Line Method

Total Interest Paid = 1000 - 411.99

= 588.01

For yearly calculation

588.01 / 15 = 39.21

Further computation is done in the image below.

8 0

3 years ago

Read 2 more answers

Worlds of Fun is preparing to open its newest theme park in Shanghai. Once open, the marketing department will be collecting lot

erik [133]

The correct answer would be, Primary Data.

This type of research is described by marketing professionals as the collection of Primary Data.

Explanation:

There are two types of data that is being collected and used for a research. They are as follows:

Primary Data
Secondary Data

Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.

So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.

Learn more about types of data at:

brainly.com/question/13536450

#LearnWithBrainly

6 0

2 years ago

If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the areaâ€™s real estate values

love history [14]

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

6 0

2 years ago