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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

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Based on the given scenario above regarding Wang's Techno toys which was successfully run by Ann Wang, the method of import or export financing that the Techno Toys' bank used if it functions as an intermediary without considering any financial risk is called the DOCUMENTARY COLLECTION.
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3 years ago
Zynga creates new software versions and builds every day to ensure that their customers are always playing the latest and greate
natta225 [31]

Answer: This will result in <u>Responsiveness Metrics.</u>

Explanation:

Responsiveness Metrics is very important in customer satisfaction of a product or game. There are metrics that are checked during game play such as loss of life, loss of health, how long a person is on screen, and time moving among other things.

There are five basic customer experience metrics that are important for all businesses such as;

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4 0
3 years ago
The city of Tustin, California, has spent $10 million on a project to build a new community college. It will cost the city $40 m
Irina18 [472]

Answer:

The correct answer is A

Explanation:

Sunk cost is the cost which is incurred by an entity and that can no longer be recovered. It is that cost which is not considered when making the decision to continue investing in the online project as it cannot be recovered.

In this case, city of Tustin incurred $10 million on the project for building a new community college and further it require $40 million to finish the project. The economist told the city council to ignore $10 million because it is a sunk cost which cannot be recovered.

5 0
3 years ago
You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th
soldi70 [24.7K]

Answer:

The answer depends on 2 vital elements

1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.

2.or there are no injured/dead people - then take the money and settle the dispute

Explanation:

Dealing with insurance companies is not a legal requirement and depends on your choice.

BUT,

if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).

so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.

if a person or another party is involved, then you cannot!

hope this helps!

4 0
2 years ago
Newark Company has provided the following information: Cash sales, $500,000 Credit sales, $1,400,000 Selling and administrative
USPshnik [31]

Answer:

$1,840,000

Explanation:

The computation of the cash collected from customers is shown below:

Cash collected from customers = Cash sales + credit sales - increase in account receivable

= $500,000 + $1,400,000 - $60,000

= $1,900,000 - $60,000

= $1,840,000

By adding the cash sales, credit sales and deduct the increase in account receivable we can get the cash collected from customers and the same is shown above

4 0
4 years ago
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