A job shadow is a(n):

Fred quits his job with a big accounting firm, where he was earning $95,000 per year, to start his own accounting business in a

nadezda [96]

Answer:

The yearly economic cost for Fred's accounting business is $142,000.

Explanation:

Economic costs include both the explicit costs and the implicit costs.

Explicit costs are the expenditure on factors of production purchased from outsiders.

Implicit costs are the opportunity cost of owner provided resources.

Other expense is an explicit cost.

Foregone salary and foregone rent are the implicit costs.

So,

Economic cost = Foregone salary + Foregone rent + Other expenses

Economic cost = $95,000 + $22,000 + $25,000 = $142,000

Thus,

8 0

4 years ago

What is the law of supply

Julli [10]

The law of supply is a fundamental principle of economic theory which states that, other factors held constant, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes

4 0

3 years ago

Read 2 more answers

Suman said that, "she didn't understand the<br>direct and indirect speech<br>

a_sh-v [17]

Explanation:

Indirect speech, also known as reported speech or indirect discourse (US), is a means of expressing the content of statements, questions or other utterances, without quoting them explicitly as is done in direct speech. For example, He said "I'm coming" is direct speech, whereas He said (that) he was coming is indirect speech. Indirect speech should not be confused with indirect speech acts.

6 0

3 years ago

Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P

seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021, $'000

Net Income $5,600

Depreciation 1,900

Other Adjustments (800)

Increase in Accounts Payable 600

Decrease in Accounts Receivable 900

Increase in Inventory (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

#SPJ1

8 0

2 years ago

Can someone tell me if it’s correct, and which one is wrong

Nat2105 [25]

Answer:

Yes,they are correct.

Explanation:

5 0

4 years ago

Read 2 more answers