1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivahew [28]
3 years ago
10

Until recently you worked as an accountant earning $55,000 annually. Then you inherited a piece of commercial real estate bringi

ng in $25,000 rent annually. You decided to leave your job and operate a video rental store in the office space you inherited. At the end of the first year, your books showed total revenues of $60,000 and total costs of $30,000 for video purchases, utilities, taxes, and supplies. What is the total cost of operating the video store?
Business
1 answer:
Blizzard [7]3 years ago
4 0

Answer:

Total cost of operating the video store is $110,000

Explanation:

You decided to leave your job and operate a video rental store in the office space you inherited. You would not received the annually income from your job and rent commercial real estate.

Total income lost = $55,000 + $25,000 = $80,000

Total cost of operating the video store = Total income you lost + total costs for video purchases, utilities, taxes, and supplies = $80,000 + $30,000 = $110,000

You might be interested in
When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?
jekas [21]
That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities
8 0
3 years ago
What are 5 state laws that protect consumer rights
Scrat [10]

Answer:

1. bankrupcy

2.fair credit reporting laws

3.truth in lending laws

4.consumer leasing act

5.privacy policies

Explanation:

4 0
3 years ago
What is the difference between a debit card and a cash card? A. A debit card is less secure than a cash card.  B. A cash card c
Nimfa-mama [501]

Answer:

C. A cash card is not tied to a bank account.

Explanation:

3 0
3 years ago
Which is an example of a preventative measure related to possible medical
Rama09 [41]

An example of a preventative measure related to medical identity theft would be carefully checking the medical records of a person. Option A is correct.

<h3>What is a preventative measure?</h3>

In opposition to disease treatment, preventative measures refer to actions or steps taken to ward off illness. The usual categories used to describe preventive care strategies are primary, secondary, and tertiary prevention.

Maintaining control of medical identity cards and routinely reviewing medical bills, credit reports, medical benefit accounts, and instruction invoices are examples of preventative measure.

Medicare and Social Security cards that have been stolen away require to be accounted right away to the Social Security Administration.

Therefore, option A is correct.

Learn more about a preventative measure, refer to:

brainly.com/question/11588438

#SPJ1

7 0
2 years ago
Although some laws concerning cash dividends vary by state, which provision is followed by all states?
zlopas [31]

Although some laws concerning cash dividends vary by state, the provision followed by all states is Cash dividends may be paid out of retained earnings.

A cash dividend is the distribution of budget or cash paid to stockholders usually as a part of the company's modern-day income or gathered earnings. coins dividends are paid at once in money, as opposed to being paid as a stock dividend or different shape of value.

Cash dividends are considered property due to the fact they boom the net well-worth of shareholders via the quantity of the dividend.

Cash dividends are payments made in coins to shareholders based totally on the number of stocks they preserve. inventory dividends are bills to shareholders made in the shape of extra stocks of inventory.

Learn more about cash dividends here brainly.com/question/20374943

#SPJ4

3 0
2 years ago
Other questions:
  • You bought a bond 8 years ago for​ $1,000. It has a​ $1,200 face value and a nominal annual bond rate of​ 10%, paid semiannually
    7·1 answer
  • The spheres of security are the foundation of the security framework and illustrate how information is under attack from a varie
    9·1 answer
  • For decision-making purposes, qualitative factors are relevant if they differ among the alternatives and relate to the future.
    14·1 answer
  • If the economy experiences an inflationary gap, a contractionary monetary policy will __________ investment and _______ interest
    13·1 answer
  • Jack is a manager in human resource department. He often conducts job interviews to select new employees for new opening positio
    7·2 answers
  • An increase in the number of which of the following will lead to an increase in the unemployment rate? Discouraged workers A Bus
    8·1 answer
  • The Bonsai Nursery Corporation has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. I
    15·1 answer
  • Good Guy Foods wants to establish a trust fund that will provide $125,000 in scholarships each year for needy students. The trus
    11·1 answer
  • You are asked to study the causal effect of hours spent on employee trainingâ (measured in hours per worker perâ week) in a manu
    10·1 answer
  • All of the following are permitted investments in individual retirement accounts except: _______
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!