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vazorg [7]
3 years ago
13

g Mark quit his job as a salesman where he made $43,000 per year to start his own t-shirt making business. His business expenses

are $6,000 per year on rent, $12,000 per year on supplies, and $4,000 per year on part- time help. As for his personal expenses, his apartment costs him $4,800 per year and his personal bills are an extra $1,200 per year. What is Mark's opportunity cost of running the business
Business
1 answer:
SVEN [57.7K]3 years ago
7 0

Answer:

$43,000

Explanation:

Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

by starting his business, he forgoes the opportunity to earn 43k

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Barry’s Steroids Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds will mature in 30 years. If th
labwork [276]

Answer:

Total Present Value is ($1130.194 + $43.7) =   $1173.894

Explanation:

11 percent yield to maturity

TO CALCULATE: Present Value of Interest Payments

PV_A = A × PVIFA (n = 30, i = 11%)               Appendix D

 where A  =  13% of 1000 = 130

from PVIFA table , for n = 30 and i = 11%, PVIFA value is 8.6938

PV_A = $130 × 8.6938 = $1130.194

TO CALCULATE : Present Value of Principal Payment

PV = FV × PVIF (n = 30, i = 11%)          

from PVIF table , for n = 30 and i = 11%, PVIF value is 0.0437

PV = $1,000 × 0.0437 = $43.7

From above calculation we have following conclusion

Present Value of Interest Payments is  $1130.194

Present Value of Principal Payment is   $43.7

therefore Total Present Value is ($1130.194 + $43.7) =   $1173.894

6 0
3 years ago
Which one of the following statements is correct?
Marianna [84]

Answer:

b. Income from both sole proprietorship and partnerships is taxed as individual income.

Explanation:

According to the following statements, the correct option is b. as income from both sole proprietorship and partnerships is taxed as individual income as there is no specific tax rates or separate tax rate so, in this forms of business organization, the income that is generated should be filed in their individual tax return

Hence, all other given statements are wrong as a general partnership is totally different from the corporation plus partnership is not the most complicated form of business. Neither all business organizations have by-laws nor the sole proprietorship has limited lives but the partnership has also limited lives.

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3 years ago
When the Fed buys bonds the supply of money decreases and so aggregate demand shifts left. the supply of money decreases and so
stealth61 [152]

Answer: The supply of money increases and so aggregate demand shifts right.

Explanation: When the Federal Government buy Bond they help to increase the amount of money available for the Banks to loan to Business entities, Organisations and individuals.

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Answer:

The correct answer is b. an implied contract.

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The theory of implicit contracts refers to the fact that the relationship between employers and workers is governed, in addition to the "explicit" legal contracts signed between the two, by a multitude of tacit commitments established during the understanding between the two parties. Implied contracts are unwritten agreements and informal rules that companies have with their workers, and that, in many cases, are justified in the commitment to wage stability. In this theory, companies set wages within a broad and long-term strategy or stability of the employment relationship.

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