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Novosadov [1.4K]
3 years ago
12

An implicit cost is a nonmonetary opportunity cost. a cost unique to sole proprietorships. a cost unique to corporations. a cost

that involves spending money.
Business
1 answer:
storchak [24]3 years ago
8 0

Answer:

a non-monetary opportunity cost.

Explanation:

Implicit cost is the type of cost that does not appear in your accounting book, and the value has to be estimated based on company's past experience or expert's judgement.

For example,

Let's say that company hire a bad candidate as new employee. In order to train him, the company need to dedicate more resources compared to training other employee.

In such situation , the cost that  occurred additional training of that employees is considered as implicit cost. It won't show in the accounting book.

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In a Real Estate Limited Partnership, the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property t
Nana76 [90]

Answer: Do your own homework

Explanation:

It’s easy

7 0
3 years ago
If the level of incomes rises for high-income workers but doesn't change for low-income workers, then poverty will not change an
Aloiza [94]

If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."

<h3>What is poverty?</h3>

Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.

According to the World Bank, poverty is as follows:

  • Hunger is poverty.
  • Absence of shelter is poverty.
  • Being sick and unable to visit a doctor is poverty.
  • Being illiterate and lacking access to education are both aspects of poverty.
  • Living day by day and not having a job are all signs of poverty.

Some faces of poverty is also-

  • Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
  • Most of the time, people desire to get out of poverty.
  • Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.

Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.

To know more about factors cause poverty in low-income nations, here

brainly.com/question/1985270

#SPJ4

7 0
2 years ago
Question 5 of 10
worty [1.4K]
I think the answer is D
4 0
3 years ago
Read 2 more answers
The balance sheet of Flo's Restaurant showed total assets of $320,000, liabilities of $88,000 and stockholders’ equity of $282,0
SashulF [63]

Answer:

The answer is $148,000

Explanation:

Goodwill comes into effect or arises when a company acquires another company. Goodwill is an intangible asset. It is difference between the purchase price of a company and the net asset(total assets minus total liability)

Purchase price is $425,000

Fair value of the asset is $365,000

Total liability is  $88,000.

Net asset =  $365,000 - $88,000

=$277,000

Therefore, goodwill is $425,000 - $277,000

= $148,000

3 0
3 years ago
Which person would most likely purchase a life insurance policy with a $1 million death benefit?
Dovator [93]
I would say D, you don’t need a million dollar death benefit if you have no one to claim it.
4 0
2 years ago
Read 2 more answers
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