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9966 [12]
3 years ago
10

Which of the following statements is correct?

Business
1 answer:
dezoksy [38]3 years ago
5 0

Answer: Option C

       

Explanation: The cost can be differentiated on the basis of subject matters as accounting cost and economic cost.

The accounting cost do not consider the opportunity cost while calculating the total cost but the economic cost does. As per the economics, total cost is the sum of explicit cost and implicit/ opportunity cost.

Explicit cost refers to the direct payment made to others while the implicit cost refers to the loss of choosing one alternative over other.

Hence from the above we can conclude that the correct option is C .

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18,000 boxes

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Which of the following statements about taxes is FALSE?
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3 years ago
A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen
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Answer:

the ending inventory is $13,200

Explanation:

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= Variable production cost per unit × difference in units

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5 0
2 years ago
with no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6 percent. but if th
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Interest rate - A bank might want to loan a business structure 5000000 dollar at a n old financing cost of 6%.

What is interest rate?
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is the usual unit used to express the interest rate on the a loan (APR). The amount earned from a savings account as well as certificate of deposit at a credit union or bank may also be subject to interest rates (CD). Interest on these deposit accounts is calculated as an annual percentage yield (APY). The borrower is essentially charged interest for the use of the asset. Cash, consumer products, vehicles, and real estate are all examples of lent assets. An interest rate can therefore be viewed as the "cost of money" because it increases the cost of borrowing the very same amount of money.

Learn more about interest rate here:
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