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Yuki888 [10]
2 years ago
5

For the following problems, use the information below for information on Lee and his business.

Business
1 answer:
skad [1K]2 years ago
3 0

Answer:

Giles and His Business

1. Revenue generated by the business = $250,000

2. The interest on the bank loan = $200

3. Explicit costs are:

Cost of Trinkets      $20,000

Cost of goods          170,000

Electricity expense     5,000

Interest on loan             200

Loss on sale of

 memorabilia             1,000

Depreciation            10,000

Total                   $206,200

4. Accounting profit = $43,800

5. Yes.  The loss arising from the sale of the memorabilia and the storefront lost value over time are costs of doing business, because they would not have been incurred if the business was not formed.

6. Gile's implicit costs are:

Loss of income as a librarian $50,000

Opportunity cost of renting out the storefront $20,000

Total implicit costs = $70,000

7. Gile's economic profit = ($26,200)

8. In determining whether or not Giles was right to start his small business, the economic profit matters more than the accounting profit.

9. His calculated economic profit should influence him in the short-run.  However, profit prospects should influence his decision in the long-run.

10.  This fire would affect both his economic and accounting profits.

Explanation:

a) Data and Calculations:

School Librarian income = $50,000 per year

Profit from an assortment of trinkets = $40,000 ($60,000 -$20,000)

Profit from purchase of goods = $20,000 ($190,000 - $170,000)

Electricity expense = $5,000

Shop fittings = $2,000

Bank loan = $2,000

Interest on loan = $200 ($2,000 * 10%)

Sale of memorabilia = $1,000

Opportunity cost (Renting) = $20,000

Depreciation on Storefront = $10,000 ($500,000 - $490,000)

Revenue generated by Gile's business:

Trinket = $60,000

Goods = $190,000

Total = $250,000

Explicit cost 206,200

Profit = $43,800

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Answer:

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End systems are important with various operating systems and application that is hosted in a fictional network.

At the end of the day, it might be costly, but durability is rest assured on the long period of time.

Explanation:

Solution

By setting up a IPv6 and converting labs from IPv4 to IPv6 is not only tasking, but we need to create or design certain test plans.

We  test how applications and devices will work in a new environment and this set up will be like a real world environment  (scenario)

This IPv6 lab will need infrastructure devices like routers, firewalls, routers, switches.

With the addition of infrastructure devices it also needs end systems with various operating systems. and  applications that are hosted in the operational network

All these things will cost but  the durability is assured on the long period.

Setting up a full lab set up may costly but it provides an environment where we can test application and infrastructure safely.  this type of system testing will give insights to how the system will function when we allocated operationally . this will helps to reduce cost  and if we want test these for multiple labs we can develop a tunnel.

Tunnel Is nothing but a native common thing that connects all the labs that want to initiate an IPv4.

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3 years ago
Sarah has been working full-time at Eve's Golf Inc. for three years. While at college, she worked as a part-time employee at Bur
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Answer:

The appropriate solution will be the "establishment" stage.

Explanation:

  • The establishment stage throughout professional advancement or career progress is the time where someone who starts to pursue jobs and receives one's first assignment.
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So that Sarah's profession has been at the level of the establishment.

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3 years ago
Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to se
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Employability.

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Information technology application.

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3 0
3 years ago
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During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make 4,000 tiles. Patt's standard mater
omeli [17]

Answer and Explanation:

The computation is shown below:

Total material cost variance

= (Standard quantity × standard price) - (actual quantity × actual price)

= (4,000 tiles × 2 pounds of material × $4) - (8,800 pounds × $35,640 ÷ 8,800 pounds)

= (8,000 pounds × $4) - ($8,800 pounds × $4.05)

= $3,640 unfavorable

For material price variance

= Actual Quantity × (Standard Price - Actual Price)

= 8,800 × ($4 - $4.05)

= $440 unfavorable

For material quantity variance

= Standard Price × (Standard Quantity - Actual Quantity)

= $4 × (8,000 pounds - 8,800 pounds)

= $3,200 unfavorable

The favorable variance is that in which the standard cost is more than the actual cost and the inverse goes to unfavorable variance

4 0
3 years ago
Slow​ 'n Steady,​ Inc., has a stock price of $ 34​, will pay a dividend next year of $ 3.10​, and has expected dividend growth o
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Answer:

10.92%

Explanation:

The formula and the computation of the estimated cost of equity capital is shown below:

Stock price = Next year dividend ÷ (cost of equity - expected dividend growth rate)

We assume the cost of equity be X

$34 = $3.10  ÷ (cost of equity - 1.8%)

$34 X - $34 × 1.8X = $3.10

After solving this,

The cost of equity would be 10.92%

3 0
3 years ago
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