Answer:
a. Accounting profit for the business = $3,500
b. Economic loss = $1,000
c. The two friends can open the business and incur economic loss of $1,000 in the first year of operation. In subsequent years, the revenue may increase to generate better economic profit. This is the labor, risk, and reward of entrepreneurship.
d. If the two friends do not go ahead with the business because of the economic loss they suffer in the first year of operation, then they cannot be regarded as entrepreneurs. They are merely laborers who cannot assume any risk for greater rewards tomorrow.
Explanation:
Cost of business per month:
Operating expenses = $4,000
Lease of building = 2,000
Total expenses = $6,000
Revenue = $10,000
Accounting profit $4,000
Economic profit:
Revenue = $10,000
Total expenses = $6,000
Opportunity costs:
Lost salaries 4,500
Lost Interest 500
Total costs $11,000
Economic loss = $1,000
Answer:
9.63%
Explanation:
Calculation of Mutual Fund rate of return that the investor receive on the fund last year
Using this formula
Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )
Let plug in the formula
Where:
Fund's NAV =$19.14
NAV per share=$19.00
Income distributions=.57
Capital gain distributions =1.12
Hence
Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00
=1.83/$19.00
=0.0963×100
Rate = 9.63%
Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%
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Answer:
The correct answer to the following question is option B) an office layout that includes open spaces.
Explanation:
It is often said that an organizations culture could be seen through various ways and one of them is observable artifacts, which represents a organizations attitude, it's belief and anything that might be considered meaningful like behavior. These artifacts may include a organizations physical surroundings like its interior design, landscape etc and in this case its open spaces in office layout, and other might be technologies , product, rituals etc.
Hey there!
The phrase “laissez-faire” means “Let it be” originally but in the choices you provided In your answers above the closes to it would mostly be ‘to let be’ would be your answer
Answer: B. To let be
Good luck on your assignment and enjoy your day
~LoveYourselfFirst:)
