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aivan3 [116]
3 years ago
14

During its only year of operation, a firm collected $175,000 in revenue and spent $50,000 on raw materials, labor, and utilities

. The owners of the firm spent $100,000 of their own money to build the firm's factory (instead of buying bonds and earning a 10% annual rate of return), which they sold at the end of the year for $100,000. The firm's economic profit is:
Business
1 answer:
Vadim26 [7]3 years ago
7 0

Answer:

The answer is: $115,000

Explanation:

Economic profit can be determined by the following formula:

economic profit = Revenues - (Explicit Costs + Implicit Costs)

where:

  • revenues = $175,000
  • explicit costs = $50,000
  • implicit costs = 10% of $100,000 = $10,000

Economic profit = $175,000 - ($50,000 + $10,000) = $175,000 - $60,000

Economic profit = $115,000

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forsale [732]

We can actually deduce here that early access to medical care, from ems through reperfusion, improves overall outcomes by: B. Faster access to medications that increase blood clotting.

<h3>What is EMS?</h3>

EMS refers to Emergency Medical Services. It is actually known to be a system whose responsibility is to provide emergency medical care. The EMS is focused on providing emergency medical care for patients who have serious illness or injury.

The options that complete the question are:

A. Increased access to social support services

B. Faster access to medications that increase blood clotting

C. Delaying onset of hypothermia

D. Saving more heart tissue from cell death

We see here early access of medical care from ems through reperfusion, improves overall outcomes by faster access to medications that increase blood clotting.

Learn more about EMS on brainly.com/question/15043841

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5 0
2 years ago
What are the benefits an organization can receive from the adoption of a risk management system?
IceJOKER [234]

Preventative hazard administration packages furnish larger perception into insurance, indemnity and legal responsibility troubles and enable the organization to higher focus and structure its inquiry.

<h3>What are the advantages of threat management in an organization?</h3>

Benefits of threat management consist of the following:

multiplied attention of threat throughout the organization;

greater confidence in organizational objectives and goals due to the fact threat is factored into strategy;

higher and more efficient compliance with regulatory and interior compliance mandates due to the fact compliance is coordinated;

<h3>What is the primary reason of risk management?</h3>

The purpose of hazard management is to discover conceivable issues before they occur, or, in the case of opportunities, to attempt to leverage them to cause them to occur. Risk-handling activities may additionally be invoked at some stage in the existence of the project.

Learn more about risk management here:

<h3>brainly.com/question/17175271</h3><h3 /><h3>#SPJ4</h3>
4 0
2 years ago
What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Adm
sergij07 [2.7K]

Answer:

1. Sales Budget

2. Selling and Administrative Budget

3. Budgeted Income Statement

4. Budgeted Balance Sheet

Explanation:

First of all the sales budget is prepared in which expected sales are shown and then the selling and administrative budget is prepared which shows expenses related to sale.

The income statement budget is prepared which shows the expected income.

Then at last  Budgeted Balance Sheet  is prepared in which the expected income is transferred.

The order in which they appear is as follows.

1. Sales Budget

2. Selling and Administrative Budget

3. Budgeted Income Statement

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5 0
4 years ago
Brown Corporation earns $600,000 and pays cash dividends of $200,000 during 2012. Dexter Corporation owns 3,000 of the 10,000 ou
fomenos

Answer: $920,000

Explanation:

Given the following :

Beginning balance = $800,000

Brown's earning = $600,000

Casg Dividend = $200,000

Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3

Therefore, Dexter's investment account is as follows :

Beginning balance + (earning × 0.3) - (Dividend × 0.3)

$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)

$800,000 + $180,000 - $60,000

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4 0
4 years ago
Early personal computer users remember the cumbersome, user-unfriendly "DOS" system. When Apple introduced System 1 and Microsof
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Option A

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A product's dominance and market appeal over similar items. A competitive advantage is usually accomplished by giving better value to customers through either reducing prices or delivering added quality and service that justify higher costs.

That idea is based on consumer brand and product perceptions and does not necessarily reflect the actual characteristics of this product or service. The definition helps companies to consider that customers would choose to use this product or whether a rival would rather remain faithful to the already existing product.

8 0
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