Answer:
Economic costs include both explicit costs and implicit costs.
Explanation:
- In economics, costs can be in the form of explicit and implicit as implicit costs are opportunity costs and are opportunities for engaging in business. While the explicit costs are accounting costs which are involved in the production of raw matter, wages etc.
The upside of changing its assembling frameworks is to enhanced item quality and lessened preparing time.
JIT and the lean maker has numerous bene±ts including enhanced item quality and diminished handling time, and decreased waste and stock, bring down work and generation costs, and expanded assembling adaptability.
Answer:
104.6 million
Explanation:
Data provided in the question:
Free cash flows for 2018 = $58.1 million
Investment in operating capital = $41.1 million
Depreciation expense = $15.5
Taxes on EBIT in 2018 = $20.9 million
Now,
EBIT
= Free Cash Flow + Investment in operating capital + Taxes - Depreciation
on substituting the respective values, we get
EBIT = $58.1 million + $41.1 million + $20.9 million - $15.5
or
EBIT = 104.6 million
Answer:
The correct option is (b).
Explanation:
The regression equation to predict the bank's charges (Y) measured in dollars per month for services rendered to local companies based upon the company's sales revenue (X) measured in millions of dollars is:
The <em>y</em>-intercept of the line is, -3100.
The slope of the line is, 27.
The <em>y-</em>intercept of a regression line is defined as the average value of the dependent variable when the independent variable value is 0.
The dependent variable, in this case, is the bank's charges and the independent variable is the company's sales revenue.
As the company's sales revenue cannot be $0, the <em>y</em>-intercept cannot be interpreted.
Thus, the correct option is (b).
