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3 years ago

Why are files naming conversation essential

1 answer:

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Without everyone using the same system, it would be impossible to know locate folders or files. Where would you go to set up margins on a letter? Which actions should be done throughout the mail merge process?

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Define economic profit. Explain how economic profit is different than accounting profit. Why is it important for economists to m

saul85 [17]

Answer:

a. Economic profit is the excess of revenue over both opportunity (implicit) and explicit costs. Explicit costs are the cost of all inputs used.

b. The difference between economic profit and accounting profit is that in calculating economic profit, both the explicit costs and the implicit or opportunity costs are deducted from the revenue. Whereas, in computing the accounting profit, only the explicit costs are deducted from the revenue.

c. Economists measure economic profit rather than accounting profit because economists believe that the real cost of an output includes the economic or opportunity cost (potential benefits lost as a result of the course of action chosen).

Explanation:

Opportunity cost is the implicit cost incurred, which is equal to the potential benefits lost by an individual or a business, when an alternative is chosen instead of the other alternative. It is an important concept in the computation of economic profit. The concept ensures that both implicit and explicit costs are considered when determining the profits generated by a business.

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3 years ago

Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 134,000 kites (the local curren

Mama L [17]

Answer: Please refer to Explanation

Explanation:

1 October 2017

No entry required as contract not yet exercised

31st December 2017

DR Forward Contract (220,000*(0.67-0.66)) $2,200

CR Translation Adjustment $2,200

(To record change in value of forward contract )

31st December 2017

DR Foreign Currency (Kites) (220,000*0.66) $145,200

CR Cash $145,200

(To record purchase of foreign currency)

31st December 2017

DR Cash ( 145,200 + 2,200) $147,400

CR Foreign Currency (Kites) $145,200

CR Forward Contract $2,200

(To record delivery of foreign currency and forward contract execution)

3 0

3 years ago

Cindy has just opened a hair salon and wants to bring more customers in. She's just starting out so she doesn't having anything

valentinak56 [21]

Answer:

Discount

Explanation:

8 0

3 years ago

Read 2 more answers

As an accountant for hartley enterprises, you are responsible for preparing the statement of cash flows. you have transactions f

Ganezh [65]

"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.

<h3>What is cash flow statement?</h3>

A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.

It also includes all cash outflows for business and investment operations over a set period of time.

Thus, "Cash flow from financial activities" is the heading.

For more details about cash flow statement, click here

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2 years ago

Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass

Vikki [24]

<span>80,000 people who traveled to the West in search of riches</span>

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3 years ago