Its rubber boots which protects <span>you from chemicals and provides extra traction on slippery floors.
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Answer:
(a) $93,000
(b) $55,600
(c) $54,600
(d) -$1,000
Explanation:
An explicit cost refers to the costs that are incurred to run a business such as rent, wages and materials.
Explicit costs:
= Rent + supplies + Office staff + salary + Telephone expenses
= $18,000 + $1,000 + $50,000 + $20,000 + $4,000
= $93,000
Implicit cost is also known as opportunity costs.
Implicit cost:
= (Amount of saving × Rate) + Salary from consulting firm
= ($12,000 × 0.05) + $55,000
= $600 + $55,000
= $55,600
Accounting profit = Revenues - Explicit cost
= $147,600 - $93,000
= $54,600
Economic profit = Accounting profit - Implicit costs
= $54,600 - $55,600
= -$1,000
Answer:
The answer is Application Programming Interface (API)
Explanation:
API is a virtual portal that allows tokenized set of data to be transmitted among many parties. By tokenize data and transmit through APIs, parties can get the required data quicker and more secured. In the example, computerized documents can be transmitted among supply chain members to signal that products and materials need to be pulled.
Answer:
Point S is at (10,-11) :)
Explanation:
Answer:
FV= $1,930,661.48
Explanation:
Giving the following information:
Joe's starting salary is $80,000 per year. He plans to put 10% of his salary each year into a mutual fund. He expects his salary to increase by 5% per year for the next 30 years, and then retire. If the mutual fund will average 7% annually
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {8000*[(1.12^30)-1]}/0.12= $1,930,661.48
