I’m happy to answer this question if you can give me more detail.
Answer:
Accounting Profit = $11,875
Economic Profit = $1,575
Explanation:
income from job = $10,000 /month
Rent which could have been earned = $300 /month
Office supplies = $75 /month
Increase in electricity bills = $50 /month
Income from home = $12,000 /month
(a) Accounting profit = Income - Costs
= $12,000 - ($75 + $50)
= $11,875
(b) Economic profit = Accounting profit - Opportunity cost
= $11,875 - ($10,000 + $300)
= $1,575
Answer:
-$2,350
Explanation:
In this question, we have to compare the cost which is shown below:
If we considered the reworked cost, then the sales would be
= Sales - reworked cost
= $55,700 - $1,750
= $53,950
And the scrap value is $56,300
So, the financial disadvantage would be
= Sales without reworked cost - scrap value
= $53,950 - $56,300
= -$2,350
All other information which is given is not relevant. Hence, ignored it
The statements are:
Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns.
The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
Answer:
The answer is Option C
Explanation:
Any event that would either decrease the demand for loanable funds or increase the supply of loanable funds will decrease the equilibrium interest rates. Supply of loanable funds is affect by the amount of national savings. National savings in turn, is the sum of private savings, public saving and net capital inflow.
In option C, capital inflows are increasing. This means that there would be an excess supply of money in the economy which can be converted into loanable funds. This would, therefore, push the supply curve to the right thereby reducing the real interest rate equilibrium.
