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sladkih [1.3K]
3 years ago
5

Jill took ​$80 comma 000 that she had in savings and started her own business. If left in investments she would have earned ​$8

comma 000 this year. Jill also left a job that paid her ​$80 comma 000 a year and plans on paying herself ​$60 comma 000. Materials and other labor costs will be ​$90 comma 000. The company is located in a building that Jill owns. She could have rented the building out for ​$50 comma 000 but plans on charging the company only the insurance and mortgage payment of ​$40 comma 000. What do the accounting and economic costs​ equal?
Business
1 answer:
nekit [7.7K]3 years ago
4 0

Answer:

$190,000 ; $228,000

Explanation:

Accounting Cost:

= Salary of Jill + Labor costs +  Insurance and mortgage payment

= $60,000 + $90,000 + $40,000

= $190,000

Economic Cost:

= Accounting Cost + Investment return lost + Loss in Salary  + Loss in Rent

= $190,000  + $8,000 + ($80,000 - $60,000) + ($50,000 - $40,000)  

= $228,000

Therefore, accounting and economic costs​ are $190,000  and $228,000, respectively.

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Among the budget cuts that the city council is considering is a 5 percent reduction in funds for secondary education. As the pri
Elina [12.6K]

Answer:

1 - What solution would you offer if you were Stella and there were budget cuts in your school?

Instead of cutting the class for bright students, all three classes should continue, but with fewer funds. In other words, the funds should be reduced accross the classes.

2 - Is Stella right that bright kids will do well no matter what? Explain your answer.

She is partly right. Bright kids are likely to do well in most situations, however, this does not mean that all bright kids will do well in most situations, or that they will do better in an average classroom, than in a classroom that is catered to them.

3 - At what age is intelligence set? Is there anything you can do to improve your intelligence score on an IQ test?

According to most recent research, the brain seems to mature when a person is in the mid-20s, however, this does not mean that intelligence is "set" at that moment. Intelligence can be improved during most of adult life.

To do better on an IQ test, a person should have healthy habits, and should also incurr in metal stimulation: puzzle, mental games, studying a language, and so on.

4 - Should gifted students and below average students be integrated into the same class? Explain.

Ideally no. If the students are very gifted, they will simply get bored. However, in case it happens, it can also have a positive effect and that is the bright students will probably end up helping the average students.

5 0
2 years ago
"7 out of 10 dentists recommend brand x toothpaste". this finding is based on the results of a survey of 10 randomly selected de
HACTEHA [7]
The problem with this survey is: <span>The sample is too small so it is a flawed sampling method
The survey with this kind of small number often does not represent the truth of the general recipients simply because it does not leave enough room for margin of errors.
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6 0
2 years ago
Charles has decided to open a​ lawn-mowing company. To do​ so, he purchases mowing equipment for ​$​, buys gasoline ​($ in gas i
Masja [62]

Answer: $8,600

Explanation:

Implicit cost is also known as the opportunity cost which means that it is the benefit of the next best alternative that was foregone when the current decision was made.

The implicit cost here is therefore:

The $8,000 that Charles could have been making as a lifeguard.

The interest per year he could have been earning on the $5,000 he used to buy mowing equipment.

The depreciation on the mowing equipment because depreciation is not an explicit cost but an implicit one.

= 8,000 + (2% * 5,000) + (10% * 5,000)

= 8,000 + 100 + 500

= $8,600

6 0
3 years ago
Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price
Cloud [144]

Answer:

Yield with 6-day maturity is 7.70%

Yield with 18-day maturity is 2.57%

Explanation:

The formula for yield on repurchase is given as:

y = ( PAR – P ) / P x (360 / t )

P=Purchase price

PAR=Repurchase price

t= number of days of the transaction

In first scenario,PAR is $39 million,P is $38.95 million and t=6

y=($39000000-38950000)/38950000*(360/6)

y=7.70%

In the second scenario,details remained the same except for t that is 18

y=($39000000-38950000)/38950000*(360/18)

y=2.57%

This implies the longer the maturity the lesser the yield since yield is computed on daily basis.

3 0
3 years ago
Summarise the following passage in on more than 60w words and supply an appropriate title:every second,1 hectare of the world's
Inga [223]

Answer:

I don't know...

Explanation:

I'm sorry...............

7 0
2 years ago
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