Tried Photomath?
Step by step:
$15,000+$6,500+$23,000+$20,500+$5,000=$70,000
$70,000+$40,000=$110,000
$110,000-$82,000=-$28,000
economic profit is -$28,000
$82,000-$70,000=$12,000
accounting profit is $12,000
Answer:
The money invested in the account 1 was $8,000 and in the account 2 was 12,000.
Step-by-step explanation:
In this case we can formulate a system of equations that could find the amount invested in each account, this is:
Money invested in the account 1 is A
Money invested in the account 2 is B
Eq. 1:
Eq. 2:
Replacing the equation 1 in 2, this is:
Now, we can find A:
The money invested in the account 1 was $8,000 and in the account 2 was 12,000.
Answer:
2,101,000?
Step-by-step explanation:
5.5/100 * 382,000 = ?
5.5 * 382,000 = 2,101,000