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allochka39001 [22]
3 years ago
6

You sell T-shirts at your school’s football games. Each shirt costs $5 to make and sells for $10. In the season you sell 100 shi

rts. If you weren't selling tickets at the game you could be stuffing the world's best burritos at Red's Phat Burritos, earning $300 during all the games. Your accounting profit is ...
Business
1 answer:
Annette [7]3 years ago
5 0

Answer: $500

Explanation:

Accounting profit = Revenue - Cost

Revenue = 100 ×$10 = $1,000

Cost: 100 × $5 = $500

Accounting profit = $1000 - $500 = $500

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A single firm’s innovations in production technology often benefit the production of other firms because these other firms learn
Papessa [141]

Answer:

The answers are:

A) Yes

B) NO INFORMATION AVAILABLE FOR THIS PART

Explanation:

Innovation in production technologies usually cause a spillover effect. The benefits of introducing new production technologies can be found all across the nation.

The bad effect of this is that many times other companies don't even pay any type of royalties or licences for using new technologies, while benefiting from them.

For example, Henry Ford introduced the assembly line concept and the whole world benefited from this.

3 0
3 years ago
has a target debt−equity ratio of .50. Its cost of equity is 15 percent, and its cost of debt is 6 percent. If the tax rate is 3
sladkih [1.3K]

Answer:

11.35%

Explanation:

The calculation of WACC is shown below:-

WACC = Cost of equity × (equity ÷ (Debt + Equity)) +  cost of debt × (debt ÷ (Debt + Equity)) × (1 - tax rate)

= 0.15 × (1 ÷ 1.50) + 0.06 × (0.50 ÷ 1.50) × (1 - 0.34)

= 0.15 × 0.67 + 0.06 × 0.33 × 0.66

= 0.1005 + 0.013068

= 11.35%

Therefore for computing the WACC we simply applied the above formula.

3 0
3 years ago
Wolf Computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a very similar machine. In additi
fgiga [73]

Answer:

gain of $5,000

Explanation:

Wolf's gain = fair market value - book value = $45,000 - $40,000 = $5,000

a company must determine the gain or loss of an exchange transaction using the asset's book value and comparing it against its fair market value. If the FMV is higher than the book value, the company will recognize a gain. If the FMV is lower than the book value, then the company will recognize a loss.

6 0
3 years ago
Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br
goldfiish [28.3K]

Answer:

trialability

Explanation:

Since in the given situation it is mentioned that an online retailer offers for free try for his customers and the customers select five pairs theywant to try. Also they could select either for purchase or return

So here it related to the trail of its products where the customer could see whether the company product provide the satisfaction or not and according to this they take the decision whether to purchase the product or not

Hence, the last option is correct

3 0
3 years ago
Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day.
Marizza181 [45]

Answer:

1- Wages Expense (Dr.) $1,025

Wages Payable (Cr.) $1,025

2- Wages Expense (Dr.) $1,845

Wages Payable (Cr.) $1,025

Cash (Cr.) $820

Explanation:

Wages expense = $205 * 5 days a week = $1,025 per week.

Wages expense = $205 * 4 days a week = $820 per week.

7 0
3 years ago
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