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mel-nik [20]
3 years ago
8

Explicit costs are payments the firm makes for outputs such as desks for its employees, whereas implicit costs are expenditure c

osts that occur for services such as travel expenses for its employees.inputs such as wages and salaries to its employees, whereas implicit costs are nonexpenditure costs that occur through the use of self-owned resources such as forgone income.outputs such as desks for its employees, whereas implicit costs are nonexpenditure costs that occur through the use of self-owned resources such as forgone income.inputs such as wages and salaries to its employees, whereas implicit costs are expenditure costs that occur for services such as travel expenses for its employees.
Business
1 answer:
VladimirAG [237]3 years ago
3 0

Answer:

The correct answer is: inputs such as wages and salaries to its employees, whereas implicit costs are non-expenditure costs that occur through the use of self owned resources such as foregone income.

Explanation:

The implicit costs. Also known as opportunity costs have to do with alternative earning options, or money that we no longer receive when performing certain commercial actions.

A company incurs implicit costs when it waives an alternative action but does not make a payment. Implicit costs of a company are:

  • The use of the company's own capital (money or assets).
  • The use of money, assets and financial resources of the owner.

Explicit costs.  They are what we usually see and are easy to identify. Even if they can present some complication for their determination, it is possible to identify them thanks to the business operation itself.

Explicit costs are paid with money. In a food company the costs recorded by the company accountant are the explicit costs, for which the company disburses cash, such as wages and salaries, truck maintenance, tolls, service payments, and so on.

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Need Help ASAP
butalik [34]

Answer:

I. Never stand still

2. Do more than is Required of you

3. Think as a team Member, Not an Employee

4 Speak up and share your ideas

5 Fake it till you make it

6. Consider every opportunity

7. Always be prepared

8. Be Self-Pronotional

Explanation:

Hope this helps! Tell me if I'm wrong. If thai Helps Give me brainly.

5 0
2 years ago
Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI
makvit [3.9K]

Answer:

The correct answer is option c.

Explanation:

The nominal interest rate was 5 percent.

The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.

The 5% nominal interest rate means that the dollar value of savings increased at 5%.

Inflation rate

= \frac{(150.3 - 144.2)}{144.2}

= 0.0423 or 4.2%

The real interest rate

= Nominal interest rate - rate of inflation

= 5 - 4.2

= 0.8%

The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.

3 0
2 years ago
Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's sec
Solnce55 [7]

Answer: Financial Intermediation.

Explanation:

Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.

6 0
3 years ago
Which category would be the combination of employee benefits in payment for under
Bess [88]

The category would be,

1.) House Rent allowance

2.) Medical Allowance

3.) Conveyance Allowance

4.)Basic Salary


8 0
2 years ago
Anne LLC purchased computer equipment (five-year property) on August 29 for $30,000 and used the half-year convention to depreci
notsponge [240]

Answer:

$1,728

Explanation:

To reach maximum depreciation expense we simply first compute the depreciation which is shown below:-

Depreciation = Purchased computer × Depreciation Rate

= $30,000 × 11.52%

= $3,456

Refer to the MACRS Table 1

Maximum depreciation expense = Depreciation × Half year convention

= $3,456 × 50%

= $1,728

Here we considered half year convention of equipment.

6 0
3 years ago
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