Answer:
She is right, it is a better option for her to continue with her painting carrer. As is provides better economic profit.
Explanation:
accounting profit:
the sum of the explicit revenues less the explicit cost
25 painting at 8,000 each 200,000
supplies expense <u> (30,000) </u>
accounting profit 170,000
economic profit:
from the accounting pprofit, it subtract the opportunity cost, which is the cost for the best rejected option.
accounting profit 170,000
opportunity cost <u> (100,000) </u>
economic profit 70,000
Answer:
The cost that varies depending on the values of the decision variables is a: ____________
c. relevant cost.
Explanation:
The relevant cost affects a decision outcome. It is not like the sunk cost, which is fixed in total, no matter the decision being made. A relevant cost is also known as a differential or incremental cost, because it makes a different under some decision alternatives. Relevant costs are important to consider whenever a business entity is making a buy or make decision. Relevant costs have their unit costs fixed while the total costs vary according to the alternatives.
Heating Degree Days
In comparison to San Francisco, Richmond, Virginia has a higher high temperature and a lower low temperature. And San Francisco has a more steadily averaged temperature for both highs and lows throughout the year, less extreme variation.
And although the average winter temperatures discussed in the question is significantly lower for Richmond, the issue with having similar amounts of heating degree days, relates to the outside air temperature falling below 65 degree Fahrenheit.
A heating degree day corresponds to the time when it is necessary to heat a building due to the outside air temperature falling below this threshold - the level or number of 65 degrees.
Though seasonal differences exist for both San Francisco and Richmond, as presented by the winter average differences, both of these cities fall below the 65 degree Fahrenheit level or Heating Degree Days at a similar rate, but San Francisco is not as much. Both cities transition to above this temperature during the warmer months, San Francisco by a smaller amount than Richmond, but like Richmond, still above the 65 degree level.
Answer:
Bond Price = 875.0948 euro rounded off to 875.09 euro
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1000 * 0.038 = 38 euro
Total periods (n)= 23
r or YTM = 0.047 or 4.7%
The formula to calculate the price of the bonds today is attached.
Bond Price = 38 * [( 1 - (1+0.047)^-23) / 0.047] + 1000 / (1+0.047)^23
Bond Price = 875.0948 euro rounded off to 875.09 euro
Answer:
official policy time lab monitor policy and changes normally to take us certain amount of time have any effect on the economy the time lag could be span anywhere from 9 months up to 2 years sincere policy if x on