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RoseWind [281]
3 years ago
11

Golda Rush quit her job as a buyer for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $40,

000 per year, invested her savings of $30,000 (which was earning 5 percent interest) and borrowed $10,000 from a close friend, agreeing to pay 5 percent interest per year. In her first year, Golda spent $18,000 to rent a salon, hired a part-time assistant for $12,000 and incurred another $15,000 on equipment and hairdressing material. Based on this information, what is the amount of her implicit costs?
a) $80,000
b) $70,000
c) $42,000
d) $41,500
e) none of the above
Business
1 answer:
blagie [28]3 years ago
5 0

Answer:

d) $41,500

Explanation:

Implicit cost is forgiven cost  = salary + interest on investment

                                               = $40,000 + $30,000*0.05        

                                               = $41,500

Therefore, The amount of her implicit costs is $41,500.

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An order for 50 units of product a and 60 of b has been placed. there are currently 25 units of product b on hand. each a requir
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To determine the net requirement for c, we determine first the number of c’s that are required for the production of a and b given that there are already 25 units of b available.

 

<span>   Number of c needed = (50 units of a)(2 c/unit of a) + (60 – 25 units of b)(5 c/unit of b)</span>

<span>      Number of c needed = 275 c’s</span>

 

There are currently 160 units of c; hence,

 

<span>   Net requirement for c = 275 c – 160 c</span>

<span>    Net requirement for c = 115</span>

 

<span>Answer: 115</span>

5 0
3 years ago
A well-known industrial firm has issued $1,000 bonds that carry a 4% coupon interest rate paid semiannually. The bonds mature 20
Flauer [41]

Answer:

5.59%

Explanation:

$1,000 bonds carrying a 4% coupon rate, semiannual coupon $20, matures in 20 years

if you purchase the bonds at $715, the nominal annual rate of return = coupon payments / bond price = ($20 + $20) / $715 = $40 / $715 = 5.59%

The nominal annual rate of return is calculated by dividing the revenue generated by an investment by the cost of the investment.

8 0
3 years ago
In the U.S. trade deficit during the 1980s was due largely to the rise in the U.S. budget deficit. On the other hand, some in th
jeka94

Answer: Decline

Explanation:

If U.S. goods fall in quality, less people will demand the goods which will lead to a fall in U.S. exports.

As U.S. goods are denominated in dollars, a fall in the demand for US exports is akin to a fall in demand for the US dollar.

The US dollar gets weaker so the exports at every exchange rate will fall.

Net exports is calculated by subtracting imports from exports so net exports will decline as a result of exports falling.

3 0
3 years ago
One idea for reducing cyberloafing is to develop software that recognizes and categorizes Internet sites into sites that employe
sp2606 [1]

Answer:

The correct answer is True.

Explanation:

Most workers do not spend 100% of their time in the office doing what they are supposed to do. In fact, workers spend around 10% of their workday surfing the internet, sending emails to friends or shopping online. This activity at work is called "cyberloafing."

But it turns out that these behaviors may not be a sign that a worker is lazy or simply wastes time. New research by Stephanie Andel, a professor of psychology at the University of Indiana (USA), suggests that cyberloafing can help workers cope with an exceptionally stressful work environment.

5 0
3 years ago
Organizations can use common core security principles recommended as industry best practices when developing policies, standards
egoroff_w [7]

Answer:

Timeliness principle.

Explanation:

Industry best practices can be used by various organizations as common core security principles to manage and control most, if not all of their assets and resources. These security principles can be adopted during the process of developing organizational policies, standards, baselines, procedures, and guidelines to effectively and efficiently manage the organization.

Timeliness principle can be defined as a principle which states that all stakeholders involved in the securitization of an organization and assets must act in a timely manner for the constant monitoring of the current and future state of the organization's assets, so as to avoid the integrity of its security being breached or compromised.

Hence, the principle which typically specifies that all personnel, assigned agents, and third-party providers should act in a timely manner to prevent and to respond to security breaches is known as the timeliness principle.

4 0
3 years ago
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