Answer:
The wholesale cost for the pianos that Darnell pays the manufacturer - explicit cost
The salary Darnell could earn if he worked as an accountant - implicit cost
The wages and utility bills that Darnell pays - explicit cost
The rental income Darnell could receive if he chose to rent out his showroom.-implicit cost
Explanation:
Explicit cost includes the amount expended in running the business.
They include rent , salary and cost of raw materials
Explicit cost is used in determining accounting profit
Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Implicit cost is used in determining economic profit
If Darnell didn't use his showroom, he could have rented it out. Renting it out is his next best option that was forgone. Thus, it is an implicit cost
If Darnell didn't start his business, he could have been working as an accountant. The amount he could have earned as an accountant is his implicit cost
Answer:
D) $571.24
Explanation:
Royce' premiums for the previous year were:
- bodily injury $22.50
- property damage $144.75
- collision $275.75
- comprehensive $100
The total premium of the policy was $543
Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24
Web-based self-service applications are types of applications that allow employees to access certain tasks of a company online, without having to interact with a representative of this company. Most of these websites offer support and immediate access to information.
This saves time and money, because the representative who would normally have to facilitate this work is no longer necessary. Moreover, because this is found online, it is likely that these applications can be accessed 24/7, which means that they also save time.
However, there are some disadvantages for employees too. For example, employees usually need to provide a lot of personal information in order to gain access to such application. Moreover, if they are confused about a particular aspect of it, it can be difficult to get personal help or support.
The answer would be: Labor relations
Labor relations is an area within the human resources that is created for better interactions between managers and the employees.
This part of training will often emphasizes what things are encouraged to be done to create a mutually beneficial workplace for all members of the company.
stock value = $ 150.91
<u>Explanation:</u>
Stock price = D /(k-g)
The given data is as follows:
D = Dividend = $4.15
, K = required percent = 9% = 0.09
, G = pledged percent = 6.25% = 0.0625
<u>The following formula is used in order to calculate the value of the stock:
</u>
Stock value= D/(k-g)
Where: D = dividend, K = required return, g = growth
=150.91(rounded to the two decimal places)
Hence stock value = $ 150.91
