Answer: Accounting profit = $35000, Economic profit = $13000
Explanation:
Accounting profit = Revenue - Explicit cost
Accounting profit = Revenue - Cost of Help - Rent - Cost of materials
Accounting profit = $72000 - $12000 - $5000 - $20000
Accounting profit = $35000
Economic profit = Revenue - Explicit cost - Implicit Cost
Economic profit = Revenue - Cost of Help - Rent - Cost of materials - Renting equipment - working for competitors - talent
Economic profit = $72000 - $12000 - $5000 - $20000 - $4000 - $15000 - $3000
Economic profit = $13000
the myth most likely to be held by employees is
There is always room for one more person at the top,
some of other myths are
Career planning and development are functions of human resource personnel .
The way to get ahead is to determine your weaknesses and then work hard to correct them.
Good subordinates make good superiors.
Answer:
The advertising career that interest me the most is marketing
Explanation:
Answer:
<em>$0.48 or 48.7</em>
Explanation:
<em>The following are the steps taken</em>
<em>A Bicycle manufacturer bought bicycle seats from an outside supplier = $22 each</em>
<em>Inventory seats for the manufacturing turns over at =1.2 times per month</em>
<em>The manufacturer annual holding inventory cost is =32%</em>
<em>Then</em>
<em>
(Holding cost = ($22 COGS/1.2 turns) × (32% annual holding) </em>
<em>Therefore </em>
<em>(Holding cost = ($22 COGS/1.2 turns) × (32% annual holding/12 months) </em>
<em>= 48.7 or $0.48</em>
<em>The Inventory holding cost for a bicycle seat is =$0.48</em>
Answer:
Situational Ethics decision
Explanation:
Situational Ethics decision - it is referred to as a decision that is based on ethics value rather than decisions that are based on moral standards. These types of decisions are made for a particular context in the matter. These are situational.
it is different from moral relativism as situational ethics predict the right or wrong while moral relativism decision on right or wrong.