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horsena [70]
3 years ago
13

Timmy owns a shoe store that generates monthly revenue of $47,000. Timmy's costs associated with rent, materials and labor equal

s $39,055 per month. Timmy could work as a turkey farmer instead of owning a shoe store which would generate $11,039 in total revenue per month. Timmy's accounting profit equals _____________ while his economic profit equals ___________.
Business
1 answer:
Sindrei [870]3 years ago
6 0

Answer:

Timmy's accounting profit equals $7945 while his economic profit equals $3094

Explanation:

Accounting profit= $47000- $39055= $7945

Economic profit= $11,039 - $7945= $3094

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<em>Theory of justice </em>

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2 years ago
An investor holds $100,000 (par value) worth of TIPS currently trading at par. The coupon rate of 4% is paid semiannually, and t
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Answer:

coupon payment = $2025

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Explanation:

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solution

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4 years ago
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In order to better understand what motivates human beings, Maslow proposed that human needs can be organized into a hierarchy.

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Physiological needs - these are biological requirements for human survival, e.g. air, food, drink, shelter, clothing, warmth, sex, sleep.

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2. Safety needs - once an individual’s physiological needs are satisfied, the needs for security and safety become salient. People want to experience order, predictability and control in their lives. These needs can be fulfilled by the family and society (e.g. police, schools, business and medical care).

For example, emotional security, financial security (e.g. employment, social welfare), law and order, freedom from fear, social stability, property, health and wellbeing (e.g. safety against accidents and injury).

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Individuals may perceive or focus on this need very specifically. For example, one individual may have a strong desire to become an ideal parent. In another, the desire may be expressed economically, academically or athletically. For others, it may be expressed creatively, in paintings, pictures, or inventions.

PLEASE BRAINLIEST IT WOULD MEAN A LOT :)
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