Answer:
$8000
Explanation:
They have to pay $8,000 as an implicit costs.
The implicit expenditure is the advantage of the right to use the personal resources of a company that is not listed as actual, distinct expenditures.
Computation of Implicit cost for the Boston Batting Cage :
Implicit cost = Labor + maintenance + electricity
= $5,000 + $2,000 + $1,000
= $,8000
Here, most appropriate answer is option C but other two are also correct in certain situations.
In short, Your Answer would be Option D
Hope this helps!
Answer:
d- high risk
Explanation:
A speculative investment is characterized by a high risk of losing its value but offers the possibility of high return. An investor will buy the investment to profit from market value changes. A speculator is an investor who engages in speculative business.
A speculator's motive is to profit in the short run from an asset. He or she is not concerned by the fundamental value of the asset, only its price volatility. Dividends or interest other financial indicators of an asset are the least of his or her concerns. A speculator focuses on the expected future price of the asset.
Speculative investments happen in real estate markets, currencies, stocks, and commodity futures.
Answer:
c. $165,000.
Explanation:
Gross profit $1,350,000
Selling and administrative expenses $480,000
Income from continuing operations before income tax $705,000
Income from continuing operations 495,000
Total Expenses = Gross Profit - Income from continuing operations before income tax
Total Expenses = $1,350,000 - $705,000 = $645,000
Other Expenses = Total Expenses - Selling and administrative expenses
Other Expenses = $645,00 - $480,000 = $165,000
