Accounting profit differs from economic profit because

1 answer:

3 0

Economic profit is the difference between total monetary revenue and total costs, but total costs include both explicit and implicit costs. Economic profit includes the opportunity costs associated with production and is therefore lower than accounting profit.

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Which of the following is a reason the government can't completely control the business cycle?

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Answer: B

The government cannot control interest rates and that is the reason is why the government cannot completely control the business cycle. This is so because interest rate controls the rate of consumer spending, borrowing and spending. Say interest is low, people will borrow more and spend more and this will have an impact in the rate of employment. Hence, in short if the government cannot control interest rate, everything depending on it, the economic cycle cannot be determined.

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ammi purchases stock in Vivaldi Corporation. Vivaldi Corporation later encounters legal issues and faces significant legal claim

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Answer:

Tammi's liability is d. limited to her investment in the stock.

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Since Tammi has purchased a stock in a corporation, one of the fundamental property of a corporate is that the stock-holders of the corporation have a limited liability meaning shareholders are only legally responsible for the debts of a company only to the extent of their investment in the company.

So Tammi's liability is limited to her investment in the stock of Vivaldi Corporation.

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Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard de

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In contingency planning, a(n) _________ that threatens the security of the organization's information is called an _________

andreev551 [17]

Answer:

adverse event, incident

Explanation:

contingency planning is referred to as the planning for unexpected events. The main focus behind inducing Contingency planning is to restore the normal position without disrupting business operations.

An incident response plan is induced to take action against the incident while the Disaster recovery plan is used to restored business operation after incident occurred.

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Qwest Communications International, Inc. borrowed $499,000 on November 1, 2021, and signed a 12-month note bearing interest at 8

kobusy [5.1K]

Answer:

Interest Payable - 2021 = $6653.33 rounded off to 6653

Explanation:

The accrual principle in accounting requires the revenue and expenses for a period to be matched and recorded in their corresponding or respective periods. Thus, even though the interest on note will be paid at maturity in 2022, the interest expense related to the month of November 2021 and December 2021 will be recorded in the current year at 31 December as interest payable.

Interest Payable - 2021 = 499000 * 8% * 2/12

Interest Payable - 2021 = $6653.33 rounded off to 6653

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