2 years ago

The elements of professionalism contains_ attributes.

Business

1 answer:

qwelly [4]2 years ago

4 0

Answer:

Competency.

Explanation:

You might be interested in

12. You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a T-bill with

Semenov [28]

Answer:

C. Borrowing $43 at the risk-free rate and investing the total amount ($143) in the risky asset.

Explanation:

Outcome Return For $100 = (115 - 100)/100 = 15%;

0.15 = w1(0.12) + (1 - w1)(0.05)

0.15 = 0.12w1 + 0.05 - 0.05w1

0.10 = 0.07w1

w1 = 1.43($100)

w1 = $143;

(1 - w1)$100 = $100 - $143

(1 - w1)$100 = -$43

7 0

2 years ago

Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $9

11111nata11111 [884]

Answer: The farmer's economic profit is $2,75,000.

Explanation:

Cost Incurred for Growing peaches (Explicit Cost) :

Rents equipment = $90,000 a year

Paid Wages = $1,50,000

Total Explicit cost = $2,40,000

Total Revenue(TR) Earned:

TR = Number of baskets of peaches produced per year × selling price of each peaches

= 2,00,000 × $3.00

= $6,00,000

Opportunity Cost (Implicit Cost):

Interest rate on savings ( 5 %) = 5% of $1,000,000

= $50,000

Farmer earn as a shoe salesman = $35,000

Total implicit cost = $85,000

<u>Economic Profit:</u>

Economic Profit = Total Revenue - Implicit cost - Explicit cost

= $6,00,000 - $85000 - $2,40,000

= $2,75,000

3 0

2 years ago

Which accounting principle states that a company should record revenues when they provide goods and services to customers?

EastWind [94]

Revenue Recognition Principle

An accounting principle that states that a company should record revenues when they provide goods and services to customers.

5 0

2 years ago

Assume an investor company acquires for $320,000 an 8% investment in the common stock of an investee company on February 15, 201

SIZIF [17.4K]

Answer:

1.6 Million.

Explanation:

8 0

2 years ago

Fey Company’s organization chart includes the president; the vice president of production; three assembly plants—Dallas, Atlanta

stiks02 [169]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

7 0

3 years ago