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Serhud [2]
3 years ago
6

Debbie, a popular wedding photographer, is able to photograph a wedding every Saturday of the year. She charges couples $4,000 f

or a complete set of photographs that cost her $2,200 to print and develop. Suppose that on one Saturday Debbie photographs her niece's wedding without charge, but her niece insists on paying Debbie $2,200 to cover her printing and developing costs. What is Debbie's economic cost of photographing her niece's wedding?
a. $4,000
b. $2,200
c. $1,800
d. $0
Business
1 answer:
rosijanka [135]3 years ago
6 0

Answer:

c. $1,800

Explanation:

Economic cost calculates what is gained or lost when a particular activity is chosen over another activity.

It incorporates the opportunity cost of taking a particular activity into its calculation of cost.

The economic cost of Debbie taking the picture of her niece is :

$4000 - $2200 = $1800

I hope my answer helps you

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Burka [1]

1. This is the hardest question to answer of all of them. It depends on who you read. The New York Times has a different policy than the Huffington Post. I'll say it is intended to be true.

2. True. That's why they are called specialty shops.

3. Sometimes. There are other possibilities. I think you are intended to say true.

4. True. They do.

5. False. It's the other way around.

8 0
3 years ago
Using Statement of Cash Flows Information to Assess Company Life-Cycle Stage
yKpoI14uk [10]

Answer:

Explanation:

                     Operating         Investing          Financing     Cycle

                          3751                (2404)               1381          Growth      

                          1102                 2054                (759)          Maturity

                          20                    (480)                 926            Growth

                        (2580)               (4200)              7508           Introduction

                         (409)                 5581                (2356)         Declining

                         2281                 (3451)               1957             Growth  

                         6385                 3272                (1958)         Maturity  

                         (365)                (1678)               (3478)         Declining

In the introduction phase , cash flow from the operating and investing activities are negative as the company generate cash for investment through financing activities for operation

In the growth phase , the activities begin to pay off gradually while investing is still on simultaneously as operating activities generate a positive cash flow  , investing negative and finance positive

In the maturity phase , company start to pay offset debt and buy back the stock as the business appears stable. Operating and financing activities generate a positive cash flow and financing negative.

In declining stage ,sales begin to fall and operating activities nosedive , investing may be positive as assets are being sold off and financing activities negative.

               

5 0
3 years ago
Ybor Square is a small shopping center located in the part of Tampa known as Ybor City. The shopping center building used to be
max2010maxim [7]

Answer:

E) theme/festival center.

Explanation:

A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.  

3 0
3 years ago
the hire purchase price of a table And chairs is shilling 16800 with 25% paid as a deposit .the rest is spread over 12 equal mon
ZanzabumX [31]

Answer:

shillings . 4,200

Explanation:

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The deposit is 25% of 16,800

= 25/100 x 16,800

=0.25 x 16,800

=Shs. 4,200

4 0
2 years ago
Check all that apply. Decrease the company’s use of debt capital because it will decrease the equity multiplier. Reduce the comp
kenny6666 [7]

Answer: Decrease the company's use of debt capital because it will decrease the equity multiplier (TRUE)

Reduce the company's operating expenses, its cost of goods sold, and/or the interest rate on its borrowed funds because this will increase the company's net profit margin (TRUE)

Decrease the amount of debt financing used by the company which will decrease the total asset turnover ratio (FALSE)

Use more debt financing in its capital structure and increase the equity multiplier (TRUE)

Explanation:

EQUITY MULTIPLIER is given as (Total Asset)/(Total shareholders equity). It measures how much of a company's asset is financed by shareholders. A company finances its assets through the combination of shareholder equity and DEBT (liability). Thus, the greater the percentage of debt used in financing asset, the lower the proportion of equity used. In order words, if debt decreases, asset decreases and therefore equity multiplier decreases.

NET PROFIT MARGIN is given as (Net Profit)/(Sales Revenue). Net profit increases when operating expenses, cost of goods sold, and interest rate deceases. This will lead to an increase in net profit margin.

TOTAL ASSET TURNOVER RATIO is given as (Net sales)/(Total Asset). It measure the effectiveness of an organisation to produce and make sales using its assets. If debt financing is decreased, it lead to a decrease in total asset and then increase (not decrease) in asset turnover ratio (assume net sales does not change)

We had defined equity multiplier above. If we use more debt financing, the proportion of equity in asset reduces, leading to an increase in equity multiplier.

6 0
3 years ago
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