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Sveta_85 [38]
3 years ago
13

Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. When deciding to open her own bus

iness, she withdrew $20,000 from her savings, which earned 5 percent interest. She also turned down three separate job offers with annual salaries of $30,000, $40,000, and $45,000. What is Jacqui's economic profit from running her own business?a. $-56,000.b. $-6,000.c. $4,000.d. $19,000.
Business
1 answer:
Ira Lisetskai [31]3 years ago
3 0

Answer:

C) $4,000

Explanation:

To calculate economic profit we can use the following formula:

economic profit = total revenue - (accounting costs + implicit costs) = (total revenue - accounting cost) - implicit costs

where:

  • accounting profit = total revenue - accounting cost = $50,000
  • implicit costs: ($20,000 x 5%) + $45,000 = $1,000 + $45,000 = $46,000

economic profit = $50,000 - $46,000 = $4,000

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Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin
Andrews [41]

Answer and Explanation:

The classifications are as follows:

a. Operating activities: As there is a cash receipts from royalities so the same come under this activity

b. Financing activities:  As the funds are raised so the same would be come under this activity.

c. Operating activities: As there is a decrease in raw material inventory as compared to the last year so the same is come under this activity

d. Investing activities: As the marketing rights are purchased so the same would be come under this activity

5 0
3 years ago
Arded
MArishka [77]

The total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

<h3>What are direct cost?</h3>

This refers to the price that can be directly tied to the production of specific goods or services.

The non- direct costs of the Brentwood Store includes:

  • Corporate legal office salaries
  • Corporate headquarters building lease
  • Central warehouse lease cost

Hence, the Costs that are not direct costs of the Brentwood Store = Corporate legal office salaries + Corporate headquarters building lease + Central warehouse lease cost

= $68,000 + $86,000 + $3,000

= $157,000

Therefore, the total amount of the costs listed above that are NOT direct costs of the Brentwood Stores equals to $157,000.

Read more about direct costs

brainly.com/question/14727407

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6 0
2 years ago
Daniel, the supervisor of a team of financial analysts, aims to become a manager. He is confident about his ideas in the workpla
amm1812

Answer:

The correct option is B, high surgency

Explanation:

Agreeableness in a personality test refers to people whose main aim is to get along with colleagues at workplace thereby putting aside their self interests with sole aim of maintaining strong social ties.

High surgency in personality score reflects high level of positivism where one is confident and assured that subordinates or co-workers would do as expected.

High adjustment means having level of adaptability to changing circumstances in workplace especially when one fears that one's job is at risk

High consciousness ensures an employee takes cognizance every little detail of happenings or events unfolding in the work environment with aim of knowing how best to tackle each situation head-on

8 0
3 years ago
What should you do during the development phase regardless of the type of event you are implementing?
enyata [817]

Answer:

d) identify who will be the master of ceremonies

Explanation:

  • a) identify your goals and objectives  ⇒ Initiation phase
  • b) identify the charity for the event profits   ⇒ Initiation phase
  • c) identify the location of the event   ⇒ Planning or design phase

One of the first activities carried out during the operations or development phase should be to establish his/her work team (including master of ceremonies).

7 0
3 years ago
An American helicopter manufacturer contracted with a foreign hospital located in a severely war-torn region to sell five helico
sergij07 [2.7K]

Answer: Yes, because the helicopter manufacturer assumed the risk of the failure of the contract.

Explanation:

Based on the scenario given in the question, the subcontractor will likely prevail because the helicopter manufacturer assumed the risk of the failure of the contract.

Here, when the helicopter manufacturer entered into the contract with the subcontractor, the manufacturer was aware that the helicopters will be used in the "severely war-torn region.

In this case, the subcontractor wasn't aware of the information that the manufacturer knew of and therefore wasn't able to determine the risk that was involved in the contract.

7 0
3 years ago
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