Answer:
B. Liquidation.
Explanation:
Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.
The example in the given scenario is that of liquidation because it ceased from operation.
The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
Answer:
The accounting profit is $30,000.
Explanation:
The implicit cost of running the restaurant is the opportunity cost of giving up a salary of $40,000 per year working as a chef.
The revenue earned from the restaurant is $100,000.
The explicit costs is
= $50,000 + $20,000
= $70,000
An accountant will consider only the accounting cost or explicit cost in the calculation of profits.
Accounting profit
= Total revenue - Explicit costs
= $100,000 - $70,000
= $30,000
Answer:
See explanation below.
Explanation:
Physical fitness can be used to describe a state of health and of well-being. It can be defined as the ability of the body to function efficiently and effectively during work and leisure activities, it means to be healthy, to resist disease, and to be able to quickly react to emergency situations.
The benefits of being physically fit include:
- Easy burning of calories: by adopting a physically fit lifestyle, you will find it easier to burn calories, and by so doing, your body weight and body fat will be easily controlled and checked.
- The physically fit lifestyle will also help to boost muscle mass, thereby making it easier to tackle demanding tasks easily and more efficiently.
The risks of being physically inactive are as follows:
- Physically active people are less likely to develop coronary heart disease than people who are inactive.
- People who are physically inactive will increase their chances of developing high blood pressure than people who are physically fit.
