1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rom4ik [11]
3 years ago
6

Habib withdrew $100,000 from his bank account paying 5% interest to purchase equipment for his construction company. If Habib ea

rns an accounting profit of $10,000 and he has no other opportunity costs, his economic profit will be equal to
Business
1 answer:
daser333 [38]3 years ago
6 0

Answer:

$5,000

Explanation:

Given that,

Accounting profit = $10,000

Interest rate = 5%

Amount withdraw = $100,000

The economic profit is calculated by subtracting implicit costs and explicit costs from the total revenue.

Accounting profit is determined by subtracting explicit costs from the total revenue.

Accounting profit = Total revenue - Explicit costs

Economic profit:

= (Total revenue - Explicit costs) - Implicit costs

= $10,000 - (Interest income)

= $10,000 - (5% × $100,000)

= $10,000 - $5,000

= $5,000

You might be interested in
Company Expenses Total Assets Net Income Total Liabilities Dreamworks $ 22,000 $ 40,000 $ 19,000 $ 30,000 Pixar 67,000 150,000 2
Luda [366]

Answer:

                      Expenses   Total Assets   Net Income   Total Liabilities

Dreamworks   $22,000      $40,000         $19,000         $30,000

Pixar                $67,000      $150,000        $27,000        $147,000

Universal         $12,000      $68,000          $5,000          $17,000

<u>Debt ratio:</u> Total Debt / Total Assets

Dreamworks = $30,000 / $40,000 = 0.75

Pixar = $147,000 / $150,000 = 0.98

Universal = $17,000 / $68,000 = 0.25

<u>Financial Leverage:</u> Asset / Equity

Dreamworks = $40,000 / (40,000-30,0000) = 4

Pixar = $150,000 / (150,000-147,000) = 50

Universal = $68,000 / (68,000-17000) = 1.33

Pixar Has the most financial leverage.

7 0
3 years ago
Manuel works for a very large company that sells stocks to shareholders. This is an advantage for which type of business structu
Rom4ik [11]

Answer:

Corporation

Explanation:

A corporation is a business ownership structure where the business is considered a legal entity separate from the owners. A corporation is subdivided into small units known as shares. Owning a share implies owning part of the corporation. Shareholders own the shares and the corporation.

The shares of a public corporation can be acquired by purchasing them at the security exchange market.  Anyone can purchase shares and become a shareholder.

3 0
3 years ago
is the term used to describe the ongoing exchange of ideas, money, goods and services, art works, and languages among nations an
Tamiku [17]

<u>Globalization</u> is the term used to describe the ongoing exchange of ideas, money, goods, services, artworks, and languages among nations and across cultures. It is used to describe how theatre productions can be created across international boundaries.

So if the corporation is there to provide services and infrastructure to aid the making of a program, then it's a production services agency, like XYZ manufacturing organization. An employer that offers creative offerings and paths for a couple of applications and clients, is QRSTUV productions.

Production is the process of making or manufacturing items and merchandise from raw materials or components. In other phrases, manufacturing takes inputs and uses them to create an output that is in shape for intake – a good or product that has a price to a quit-person or purchaser.

Manufacturing is the method of creating, harvesting, or creating something or the quantity of something that became made or harvested. An instance of production is the introduction of furniture. An instance of production is harvesting corn to eat. An example of manufacturing is the amount of corn produced.

Learn more about productions here productionsbrainly.com/question/16790743

#SPJ4

8 0
2 years ago
Jackie is often surprised when she goes to other countries to learn that people do business so differently. For instance, in mee
DochEvi [55]

Answer:

Self reference criterion ( C )

Explanation:

The cultural differences seem strange to Jackie because she is relying on her self reference criterion

self reference criterion is the influence one's  culture will have on the person when the person is exposed to a situation that is suppose to portray the culture the person is used to, but the situation portrays a different culture, hence based on her cultural values and experience she believes that  small talks makes the meeting unnecessarily long

8 0
3 years ago
Ralph is a former student in AECN 141. The first exam he scored a 60%, and did not study. The second exam he scored a 75% and st
sergeinik [125]

The marginal productivity of the first hour of studying is 15%.

<h3><u>What is Marginal Productivity?</u></h3>
  • The additional output, return, or profit generated per unit as a result of benefits from production inputs is referred to as marginal productivity or marginal product.
  • Raw materials and labor are examples of inputs. According to the rule of decreasing marginal returns, the marginal productivity will normally decrease as production rises when a production element is improved.
  • This indicates that for every extra unit of output produced, the cost advantage often decreases.
  • Diminishing marginal productivity is often recognized in its most straightforward form when a single input variable exhibits a drop in input cost.
  • For instance, a reduction in labor expenses during the car-manufacturing process would result in slight increases in profitability per vehicle.

Formula for Marginal Productivity = (Qn – Qn-1) / (Ln – Ln-1)

The total product value is divided by the difference in labor to determine the marginal product of labor.

Know more about Marginal Productivity with the help of the given link:

brainly.com/question/13623353

#SPJ4

7 0
2 years ago
Other questions:
  • Effect of junk status on unemployment
    15·1 answer
  • How do sports marketers enhance the perceived value of their commodities?
    11·1 answer
  • 2021 2020 Income Statement Information Sales revenue $ 8,400,000 $ 7,900,000 Cost of goods sold 5,535,600 5,400,000 Net income 3
    9·1 answer
  • The rule of 72 is useful in calculating the
    8·1 answer
  • Lionel was visiting a potential customer to discuss a sale of desktop computers. The customer informed Lionel that the customer’
    7·2 answers
  • Jacob has been hinting that he loves to bowl and would like to join the company bowling team in order to get to know his new cow
    9·1 answer
  • If the current allocation of resources in the market for wallpaper is efficient, then it must be the case that
    5·1 answer
  • Jane receives a 10-year increasing annuity-immediate paying 100 the first year and increasing by 100 each year thereafter. Mary
    7·1 answer
  • Two major concepts in Operations Management are Efficiency and Effectiveness. Post a two paragraph discussion of each of these c
    6·1 answer
  • ? Question
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!