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3 years ago

Sam's total revenue from pilot training classes equaled $90,400. Sam's implicit costs for this year are equal to

Business

1 answer:

Vanyuwa [196]3 years ago

6 0

Answer: $45,600

Explanation:

The Implicit cost is the opportunity cost. In other words, it is cost that was incurred because a revenue opportunity was sacrificed.

Sam sacrificed his salary as a pilot, his interest payment and the building he could be renting out.

His total implicit cost is;

= 40,000 + (10,000 * 6%) + 5,000

= $45,600

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Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following:

Anastaziya [24]

Answer and Explanation:

The preparation of the stockholder equity section is presented below:

Tandy Company

Balance Sheet (Partial)

Stockholders Equity :

Contributed Capital :

Common stock (21,900 shares × $6) $131,400

Preferred stock (5,000 shares × $13) $65,000

Additional Paid in Capital - Common stock (21,900 shares × $20) $438,000

Additional Paid in Capital - Preferred stock (5,000 shares × $17) $85,000

Total Contributed Capital $719,400

Add: Retained Earnings $41,600

Total Stockholders Equity $761,000

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3 years ago

Quarter Inc. is an Italian company that set up its ventures in the United States. It sells watches—designed and manufactured in

spin [16.1K]

Answer: D

Explanation: Quarter Inc. cannot be legally charged because as a foreign entity, it is exempt from prosecution based on sovereign immunity. Once the defendant establishes that it is a foreign state, for the lawsuit to proceed, the plaintiff must prove that one of the Act's exceptions to immunity apply.

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3 years ago

Deindustrialization affects the economic landscape of countries. Describe the change in the dominant economic sector during indu

IceJOKER [234]

Answer:

a. One spatial change in manufacturing employment patterns as a result of deindustrialization is production shift.

b. Companies may move their industrial activities and manufacturing jobs to areas with a lower cost of labor.

c. Some natural places could be deemed unfit for humans.

d. Facilitating the construction of railroads, bridges, tall buildings, larger ships, and other infrastructure, Powering service-sector industries such as information technology, financial services, retail, and education, all of which depend on the processing power and connectivity brought about by the computer chip.

e. A growth pole is significant to an urban economy as it will attract supporting businesses such as retail establishments, restaurants, and other service industries to the city or urban area on a local scale.

f. Post-fordism methods of production have transformed operation at individual factories by instead of workers working only one task all day and not being able to perform other tasks in the factory the workerscould now work multiple tasks and were not concealed to one specific area of work, this also made the workers more appealing to other factories and made it to where they could work other positions for more money and could not be so easily concealed for one spot.

Explanation:

A+

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2 years ago

mcgraw hill A(n) ______ can help employees feel that they are doing something worthwhile and are part of something important and

svlad2 [7]

Answer:

A(n) aspirational vision can help employees feel that they are doing something worthwhile and are part of something important and meaningful

Explanation:

What is aspirational vision?

Vision Statement. An organization would like to achieve or accomplished in the mid-term or long term future. It is intended to serves as as clear guide for choosing current and future courses of action.

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2 years ago

Imagine that you work in a call center. Your manager tells you that you need to answer 25% more calls per hour. In order to do t

vesna_86 [32]

Answer:

By answering more phone calls but providing worse service, you ARE being EFFICIENT but NOT SATISFY CUSTOMERS' NEEDS.

Explanation:

A worker's efficiency is measured by the total output per hour of labor. In this case, since you are answering more calls per hour, your efficiency is increasing (higher output per hour).

The quality of the service provided by a worker's is measured by the quality of their output (or performance), and if you satisfy your customers' needs. Since the service that you are providing is not that good, then your quality levels are decreasing.

You may be producing more services, but the services produced lack good quality.

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3 years ago