D because a discount is an upfront guaranteed incentive
Answer:
c. There is an "opportunity cost" associated with using reinvested earnings, hence they are not "free."
Explanation:
When the reinvested earnings are invested that is basically the earnings associated with reinvestment would earn the same like that earned by the investment if not withdrawn and invested.
Let us say for example: Amount invested = $1,000
Return on such investment = $100
Now if such earnings are also reinvested then
Earnings = $110
Now if this $110 is used rather than investing again, then there is the opportunity cost of earning $11 on such reinvestment.
Thus, statement c is correct.
1). The four factors that would be involved in Fatima's bakery business would be:
- Land or the place where she would prepare and pack the cakes.
- Labor who would be involved in the production of the cakes.
- Capital that would be invested to incur the costs of the production.
- Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'
2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.
3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.
Learn more about 'opportunity cost' here:
brainly.com/question/13036997
Answer:
The company's net sales for this period equal to $76,592
Explanation:
First we need to calculate the total sales using the following formula
Total Sales = Cash Sales + Credit sales
Where
Cash Sales = $49,527
Credit sales = $38,540
Placing values in the formula
Total Sales = $49,527 + $38,540
Total Sales = $88,067
Now use the following formula to calculate the net sales
Net Sales = Total Sales - Sales returns and allowances - Sales discount
Where
Total Sales = $88,067
Sales returns and allowances = $7,100
Sales discount = $4,375
Placing values in the formula
Net Sales = $88,067 - $7,100 - $4,375
Net Sales = $76,592
The
two basic assumptions that economists make about individuals and firms are:
<span>The
first assumption is that individuals maximize their overall potential and try
to make themselves as resourceful as possible. And second is that to make more
profit as possible, a firm can do anything what it needs to do for this. Economists
keeps the economy in check by these assumptions.</span>
