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LiRa [457]
3 years ago
15

embroidered dog apparel over the Internet. Her annual revenue is​ $128,000 per​ year, the explicit costs of her business are​ $4

2,000, and the opportunity costs of her business are​ $30,000. What is her accounting​ profit?
Business
1 answer:
IceJOKER [234]3 years ago
7 0

Answer:

$86,000

Explanation:

The opportunity cost is an economic concept. It is the cost of the alternative foregone. Accounting profit does not take into cognizance the alternative foregone.

It only considers the explicit cost incurred in the process of making sales or generating revenue.

As such,

Accounting profit = $128,000 - $42,000

= $86,000

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The _____ is a law passed in 1914 that seeks to prevent practices that may cause injury to customers, that cannot be reasonably
spin [16.1K]

Answer:

The Federal Trade Commission Act is a law passed in 1914.

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3 years ago
The _________ __________ of a speech are the major ideas that you will relay to receivers through your speech.
Eddi Din [679]
The main points of a speech are the major ideas that you will relay to receivers through your speech. This is the important point you want the audience to bear in mind. This is the primary purpose <span>of your speech. This is the backbone of your talk that you believe would be useful for the audience. The main points usually </span>have<span> these three basic needs – the claim, the explanation, and the evidence. You want to claim something so you are going to explain it to your audience. In order to persuade your audience, you will be providing evidences supporting your claims.</span>
5 0
3 years ago
At the end of the accounting period, a company's overhead was overapplied by $400. The Factory Overhead account was properly adj
wariber [46]

Answer:

The overapplied factory overhead results in more expense. The overapplied factory overhead results in increase in cost of good sold. Over-application means that actual overhead are less than reported expense. At the end of the accounting period the company will pass following accounting entry to adjust over application

Debit FOH account                400

Credit Cost of Good Sold       400

So after this adjustment the net income will increase by 400 dollars.

5 0
4 years ago
Which of the following is an example of a challenge faced by contemporary organisations?​
WARRIOR [948]

Answer:

b. environmental issues

c. global economy

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Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

8 0
3 years ago
You own a portfolio that is 31 percent invested in Stock X, 46 percent in Stock Y, and 23 percent in Stock Z. The expected retur
MrRa [10]

Answer: 13.53%

Explanation:

The expected return on the portfolio will be calculated by multiplying the investment in each stock by the expected return of the stocks. This will be:

= (31% × 11%) + (46% × 14%) + (23% ×16%)

= 3.41% + 6.44% + 3.68%

= 13.53%

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3 years ago
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