The accounting profit of Jarod based on the information regarding rent, wages, etc given will be $55000.
It should be noted they the formula for calculating accounting profit will be:
= Total revenue - Explicit cost
Total revenue will be:
= $65 × 4000
= $260,000
Explicit cost is the direct cost that a business spends. This will be:
= $60000 + $120000 + $25000
= $205,000
Therefore, the accounting profit will be:
= $260000 - $205000
= $55,000
The accounting profit is $55000.
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Oscar Pistorius, the sports personality, faced a situation of a murder case that negatively exploited by the media. Oscar Pistorius is a South African sprint runner who competed in Paralympic events. He was convicted as a murderer for the murder case of his girlfriend, Reeva. There were many frenzied media that distract the trial process.
I'm sure that, when paying for purchases, debit cards are exactly the same as credit cards.
Answer:
True
Explanation:
Critics of globalization claim that, as globalization increases, countries' sovereignty (the freedom of national officials to act locally and without externally imposed restrictions) is diminished because as some of them say 'it is an economic tsunami', in the sense that - people of other countries 'invade' a country in the name of globalization and the locals of that country are expected to curtail their local customs and individual behavior to accommodate the foreigners. Also foreigners take some of the jobs that are available in the country to the 'detriment' of the locals
Secondly, 'the resulting growth consistently benefits the environment', because the gains of migration are not shared commonly among the locals, rather they could be invested in environmental projects to boost Tourism and attract more foreigners.
Thirdly, the statement that 'Some people lose both relatively and absolutely, and greater insecurity increases a personal stress.'is true because in cities like London and most other European capitals we have seen an increase in crime alongside the rise in immigration and globalization
The real interest rate would be 5%.
You are getting 8% interest and losing 3% due to inflation= 5%