Answer:
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
Explanation:
The computation is shown below:
For accounting profit, it is
= Total revenues - total expenses i.e explicit cost
= $250,000 - $100,000
= $150,000
And, for economic profit
= Total revenues - total cost i.e explicit and implicit cost
= $250,000 - $100,000 - $100,000
= $50,000
Hence, the second and third options are correct
Answer: 19.56%
Explanation:
Effective Rate of Return is the rate that takes into account, the compounding influence of interest rates in a given period.
It is calculated with the formula,
= ( 1 + r/n) ^ n - 1
Where
r = APR
n = no of compounding periods in a year
Interest is paid monthly so nnumber of periods will be 12.
Therefore,
EFF = ( 1 + 18%/12)¹² - 1
EFF = 19.56%
Answer:
Organizational culture
Explanation:
Organizational culture can be defined as a system of shared assumptions , value , and beliefs that governs the behavior of employees in an organization environment.
One major purpose of organizational culture is that it governs it aligns the purpose of an organization to that of its employees , therefore making it easier for the central mission and vision to be achieved.
This is an internal factor that may impact Cook;s managerial discretion.
Answer:
$ 1200
Explanation:
In the question, the total training hour is not given. Let us assume that the total training hour be 40 hours.
Given :
The cost of training an employee = $ 30 per hour
Therefore, training cost of each employee will be = training cost per hour x total number of training hours.
= $ 30 x 40
= $ 1200
Therefore, the training cost of each employee is $ 1200
