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
Mamont248 [21]
3 years ago
9

Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The bakery earns $800,000 in revenues

and has $2 million in net worth. Based on this information, what is the accounting profit for Donnie's Donuts?
Business
1 answer:
marshall27 [118]3 years ago
5 0

Answer:

$150,000

Explanation:

Given that

Total revenue = $800,000

Explicit cost = $450,000

Implicit cost = $200,000

The computation of the accounting profit is as shown below :-

= Total revenue - Total cost

= $800,000 - $650,000

= $150,000

Total cost = Explicit cost -Implicit cost

= $450,000 + $200,000

= $650,000

Therefore for calculating the accounting profit we simply deduct the total cost from total revenue.

You might be interested in
After a recent spike in violent crime, the local police department wants to spend $550,000 on a new crime fighting initiative. I
Verizon [17]

Answer:

c.

6.1 percentage points.

Explanation:

Ratio shows proportion of a number to other number or sum of all the numbers. Percentage is a ratio which is expressed as fraction of 100.

Human Life Worth = $9 million = $9,000,000

Spending on Fighting initiative = $550,000

Take ratio of spending by the worth of human life

Ratio = Spending / Worth = $550,000 / $9,000,000 = 0.061 = 6.1%

It reduces the risk of someone dying from crime by at least 6.1%.

4 0
3 years ago
Workplace diversity describes differences among workers in any of the following areas:
Andreyy89

Answer:salary

All

Explanation:

6 0
2 years ago
Which of the following statements accurately describes the free enterprise
Readme [11.4K]

Answer:

Businesses are generally free of government ownership and

control

Explanation: The answer is C.

6 0
2 years ago
alderwood company has provided the following information prior to any year-end bad debt adjustment: cash sales, $455,000 credit
nordsb [41]

If  sales discounts, $57,000 allowance for doubtful accounts credit balance, $3,800 alderwood prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is estimated to be uncollectible. The bad debt expense is:$13,450.

<h3>How to determine the Bad debt expenses ?</h3>

First step is find the Required Balance using this formula

Required Balance =Accounts Receivables × Percentage of Uncollectible

Let plug in the formula

Required Balance =$345,000 × 5%

Required Balance =$17,250

Now let find the bad debt expenses using this formula

Bad debt expenses = Required Balance - Existing Credit Balance

Let plug in the formula

Bad debt expenses = $17,250 - $3,800

Bad debt expenses = $13,450

Therefore we can conclude that the Bad debt expenses  is the amount of $13,450.

Learn more about Bad debt expenses here: brainly.com/question/24871617

#SPJ1

​

6 0
1 year ago
Zola just secured her first job after college, and she's heard that it's important to start investing for her retirement. She ca
Nata [24]

Answer:

IRA

Explanation:

8 0
3 years ago
Other questions:
  • If you received a constant annual rate of return of 7% on an investment of $10,000, how many years will it take before you have
    10·1 answer
  • An advertisement touts the muscle-building benefits of a new herbal supplement. before she purchases the supplement, jana invest
    13·1 answer
  • Exhibit 35-4 Refer to Exhibit 35-4. Under a fixed exchange rate system, at the exchange rate of E 3, the dollar is __________ an
    15·1 answer
  • A writer who is researching a state agency's transition from paper-based reports to electronic reports has scheduled an intervie
    12·1 answer
  • A $1,000 six-year bond has an 8 percent coupon, is selling at par, and contracts to make annual payments of interest. The durati
    10·1 answer
  • Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
    6·1 answer
  • Which of these rights is not considered a right of privacy?
    15·2 answers
  • Sally received $78,300 of compensation from her employer and she received $540 of interest from a corporate bond. What is the am
    9·1 answer
  • Dave is a close-up magician who is famous for his card tricks. He creates and sells DVDs of his magic tricks. Lately he has been
    5·1 answer
  • Which of these is a reason why many don't support globalization?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!