Answer:
Jennifer earned an accounting profit of $1,000 and economic loss of $26,000
Explanation:
Total revenue for Jennifer is $39,000.
Explicit costs incurred is $38,000.
The implicit cost or opportunity cost involved is $27,000.
Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.
Jennifer has earned an accounting profit of
= Total revenue - Explicit costs
= $39,000 - $38,000
= $1,000
Economic profit takes into account the explicit cost as well as implicit cost.
The economic profit earned
= Total revenue - Total costs
= $39,000 - ($38,000 + $27,000)
= - $26,000
Rural or nation-state locations are the ones in mare far off + much less densely populated via evaluation Very faraway Rural areas include three percent of the populace, however cowl nearly 1/2 of the land place.
A rural area is an open swath of land that has few homes or different buildings, and now not very many people. A rural region's populace density may be very low. Many humans live in a town or urban area. Their homes and companies are placed very close to one another.
In keeping with the modern delineation, released in 2012 and primarily based on the 2010 decennial census, rural areas include open USA and settlements with fewer than 2,500 residents. urban regions comprise larger places and densely settled areas around them. urban regions do not necessarily observe municipal limitations.
A rural area is an open swath of land that has few homes or different buildings, and not very many human beings. A rural area's populace density is very low. Many people stay in a metropolis or urban vicinity. Their houses and corporations are placed very near each other.
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Answer:
The gross margin for December is: 0.5%.
The Gross margin of an organisation or business measure the extent by which its income exceeds the costs it incurs in producing its goods and or services.
The gross margin is measured in percentages. The higher the percentage of this margin, the higher the effectiveness of the company's management in deriving value from every dollar invested.
Explanation:
To arrive at Gross Margin, one is required to subtract the total cost of goods sold from total revenue for the period and dividing that number by revenue. That is:
Gross Margin (GM) = 
Step I - Calculate Revenue
This is given as the total amount of goods sold which is:
800 x $500 = $400,000
Step II - Calculate Cost of Goods Sold
Cost of goods sold per unit is given as
$250 per unit.
Total Cost of Goods sold therefore is
800 x $250 = $200,000
Step III - Calculate Gross Margin
= 
= 
= 
or 0.5%
Cheers!
In order to create balance sheets and other financial accounts, trial balances are a crucial document for auditors. To identify any accounting problems, a trial balance is performed to ensure that the general ledger accounts' debit and credit column totals match.
<h3>What purpose does a trial balance serve?</h3>
Any mathematical mistakes that have occurred in a double entry accounting system can be found using a trial balance. There shouldn't be any arithmetic errors in the ledgers if the sum of the debits and credits equals the total of the trial balance.
<h3>What exactly does a trial balance contain?</h3>
It varies. A trial balance can be used by businesses to monitor their financial status, and they may create multiple different types of trial balances over the course of the fiscal year. All of the significant accounting items, including as assets, liabilities, equity, revenues, expenses, gains, and losses, may be included in a trial balance.
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The correct answer is C. the impression you make on admissions officers during an on-campus interview.
The rest of the options are quite objective - these officers have a certain set of rules that every applicant has to meet in order to be enrolled in a university. However, what is subjective about this is the effect that the applicant may have on the officers - the better the impression is, the more likely it is that he or she will be admitted into their preferred university.
