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Feliz [49]
2 years ago
13

What is the difference between factor payments and profits

Business
1 answer:
Mariana [72]2 years ago
3 0

Answer:

here is some differences which is

Explanation:

Yet, just as we differentiate between daily use and the traditional sense of economic terms, a number of economists–and Econ textbooks–introduce a concept known as "economic profit." While the difference between the revenues of the companies and the costs of the factors they generate is natural, or accounting, income is the difference between the revenues of the company and the costs of those factors. Since it consists of the comparison of alternatives, economic benefit is seen as a reward for business— the making of economic decisions and taking of risks. Some go so far as to describe enterprise as a separate output factor,

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In order to motivate our sales force to increase sales, we decided to increase our commissions and salaries and increase marketi
algol [13]

Answer:

Sales Revenue - Inconsistent

Cost of Goods Sold - Inconsistent

Commission - Consistent

Shipping expense - Inconsistent

Bad debt expense - Unexplained

Salaries - Consistent

Lease of distribution center - Consistent

Depreciation of fleet and equipment - Inconsistent

Advertising - Consistent

Office rent, Phone, Internet - Inconsistent

Explanation:

The increase in selling price will result in change in the revenue figure. The cost of distribution is increased due to handling the addition volume. This will result in an increase in shipping expense and cost of goods sold. Salaries and  commission of the staff will remain consistent as there will be no change due to increase of selling price.

8 0
2 years ago
At the local banking institution the branch manager doubles as the IT "go-to" by handling printer setups, resettingLAN passwords
andrezito [222]

Answer: d. The FTC’s Red Flags Rule

Explanation:

The Federal Trade Commission has a Red Flags Rules that requires that financial institutions like Banks should implement a program that is capable of flagging instances of suspicious activity that could point to identity theft in the covered accounts that it holds.

This bank's customers are seeing some suspicious activity in their checking accounts which could point to a case of identity theft. The Red Flags rule could therefore be the most relevant rule to the manager's discovery.

3 0
3 years ago
You're considering an investment that you expect will produce an 8% return next year, and you expect that your real rate of retu
sveta [45]

Answer:

Explanation:

Using Fisher equation <u><em>(Which is estimating the financial mathematics and economics relationship among real interest rates nominal interest rates under inflation.) </em></u>which goes like this

1+i=(1+r)(1+\pi _{e} )

where

i = nominal interest rate\\e = real interest rate\\\pi _{e}  = expected  inflation rate

Inflation = (1+0.08) / (1+0.06) - 1 = 1.88% (Could be approximated as 2%)

7 0
2 years ago
Ironically, while the leaders of Enron Corporation were manipulating the company's finances for their personal benefit, the comp
faltersainse [42]

Answer:

Correct option is (d)

Explanation:

Corporate social responsibility is an initiative taken by companies to act for the benefit of the society. Since companies utilize resources from the society, it their responsibility to give back to the society in the form of charity to non governmental organizations, welfare of underprivileged and protecting the environment.

Here, though Enron was undertaking unethical means for personal benefits, it was also carrying out corporate social responsibility by donating to Houston area charities.

4 0
3 years ago
7. Gulf Real Estate properties just signed contracts for two new listings: a Gulf View condominium with a list price of $589,000
oksano4ka [1.4K]

Answer:

The answer is "135 days"

Explanation:

Condo with a list price of Gulf View = \$589,000

They recognize for a Gulf View the preciously calculated summary analysis

The average cost list for a condominium is474.0075 and that average sale value is 454.245.

\to \$474,000 -\$454,245 = \$20,755

We also are selling $20,755 underneath the selling price on average.

\to \frac{20,755}{474,000} = .0437869198

Therefore a typical condominium in the South View is selling 4.38% well below the price list.

\to 589,000 \times (1- .0438)=563,209.5042

The estimated sales price is thus approximately $563,210

The amount of times that mine device needs and be delivered is an approximate 106 days of median number calculated at a number 1.

No condo Gulf Views $285,000 List price

Through the previously calculated concise figures, we learn that the average price list is 212.805556 for a Non-Gulf View Condominium or that the total selling price is 203.133333.

\to \$212,806 -\$203,133 = \$9,673

We sell $9,673 below the value of the total on average.

\to \frac{9,673}{212,806} =.045454545

Therefore a condo in No Gulf Vision offers on aggregate 4,545% well below the selling price.

\to \$285,000 \times (1-.04545)=272,045.4545

The average price is therefore approximately $272.045.

My projected place to trade this unit is the number of days in number 2 measured to be 135 days.

3 0
3 years ago
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