Answer:
C. $0.30/bu
Explanation:
Given that
Cash cost = $1.50/bu
Opportunity cost of labour = $0.30/bu
Opportunity cost of Land = $0.40/bu
Sales from corn = $2.50/bu
Recall that economic profits = Total income - Total expenses - opportunities cost
Therefore
Economic profits = 2.50 - 1.50 - (0.30 + 0.40)
= 2.50 - 1.50 - 0.70
= 0.30
Therefore, economic profits = $0.30/bu
<span>You will probably first have to address the skill category termed basic skills. Basic skills include what you would imagine everyone in a work environment can do and knows about their job. Training that allows them to understand how the insides of the </span>business works, working with one another, customer service, equipment organization and much more.
Answer:
December 31, 2022, amortization expense of copyright
Dr Amortization expense 19,500
Cr Copyright 19,500
December 31, 2022, amortization expense of patent
Dr Amortization expense 10,000
Cr Patent 10,000
No journal entry required for the Goodwill since its useful life is indefinite
Answer:
Surnum's exchange rate is pegged.
Explanation:
Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.
There are two ways a countrie's currency rate can be controlled in relation to others.
First is by market forces of demand and supply.
Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.
In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.
Answer:
Electronic equipment
Explanation:
Throughout history, sport has evolved while society has done it. Both at a professional or elite level and at an amateur level, the sport has undergone several revolutions, some of them due to technological inventions.
There is no sport that has not undergone a technological revolution, one way or another. Some, like basketball, have been more prone in this regard, while others have been sidelined. But without a doubt, nobody escapes the tentacles of innovation.
Technology in sports has been included to apply its rules more easily, be more objective, and improve the accuracy of the sport. They are tools that facilitate the practice of sport.
