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lara [203]
3 years ago
6

Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch

. here is their willingness to pay for each film:
Business
1 answer:
netineya [11]3 years ago
4 0
More to the question?
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Jacques lives in Denver and runs a business that sells guitars. In an average year, he receives $731,000 from selling guitars. O
Lesechka [4]

Answer:

Implicit cost

Explanation:

The rental income Jacques could receive if he chose to rent out his showroom instead of using the showroom for the operation of his guitar business will be classified as an<em> Implicit cost .</em>

<em>An implicit cost in business is a cost that results from the lost opportunity of not using a company's/business own resources excluding cash resources</em>. they are also seen as economic gain/profits sacrificed for not using the company's resources.

Jacques could use the showroom but when he decides to rent it out it becomes an implicit cost even though the rent generates revenue for him.

7 0
3 years ago
Energy-wise Builders, Inc., a leader in residential housing, recently negotiated a financing arrangement with First Pennsylvania
MakcuM [25]

Answer:

revolving credit agreement

Explanation:

3 0
3 years ago
Percentage of sales budgeting can also be called _____.
nika2105 [10]

Answer:

promotional budget is set as a percentage of current or anticipated sales

Typical percent of sales is 2%-5%

Explanation:

<h3>so I would have to say arbitrary budgeting </h3>
7 0
3 years ago
3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
netineya [11]
Profit maximization is usually a main aim of most businesses in the private sector.

1) Usually people invest personal savings into starting businesses so that the return (aka profits) can be greater than the investment and they can earn a better living.

2) If profit is earned then the business would have enough money to pay dividends to its investors/shareholders, otherwise it wouldn’t have enough money to give as dividends and it will lose its investors.

3) Profit is required for the business to survive in competitive markets.
3 0
3 years ago
A former employee of your firm was dismissed when it was suspected that she had stolen from the petty cash account. It could not
Flura [38]

Answer:

I would reccomend her, but I would tell the other company to be careful. She may not have been proven guilty, but it doesn not mean that she did not do it. Now, it is all up to the company to make the choice.

Explanation:

5 0
3 years ago
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