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Burka [1]
2 years ago
7

You use $50,000 of your own money to start a catering business. During the first year you earn a 5% return on that investment. I

f the current interest rate is 8%, you earn an economic profit of _____.
Business
1 answer:
Romashka-Z-Leto [24]2 years ago
6 0

Answer:

-$1,500

Explanation:

If the current interest rate is 8%, you earn an economic profit of:

Economic profit = Profit - Opportunity cost

Economic profit = (0.05 * $50000) - (0.08 * $50000)

Economic profit = $2,500 - $4,000

Economic profit = -$1,500

So, i will earn an economic loss of $1,500

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Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its
timofeeve [1]

Answer:

Explanation:

The journal entry is shown below:

Income tax expense A/c Dr $30,035,000

       To Deferred tax asset A/c $35,000

       To Income tax payable A/c $30,000,000

(Being the income tax expense is recorded)

The computation is shown below:

For deferred tax asset:

= Deferred tax rate - Warrant liability × tax rate

= $435,000 - $1,000,000 × 40%

= $435,000 - $400,000

= $35,000

For income tax payable:

= Taxable income × tax rate

= $75,000,000 × 40%

= $30,000,000

3 0
2 years ago
By their third birthday, what percentage of toddlers in the united states are toilet trained
AfilCa [17]
My best estimate is 23% or lower.
4 0
3 years ago
Chip Off The Old Block is a new chocolate chip cookie created by the Arizona Cookie Company. To generate interest for this new p
Westkost [7]

Answer:

C) sales promotion.

Explanation:

Sales promotions are the activities that a business conducts to persuade a customer to buy. There are marketing pull strategies aimed at stimulating sales. Sales promotions also mean extra incentives given to salespeople and retailers to increase sales.

Sales promotion are short term measures used to boost sales or introduce a product to the market. Arizona cookies expect the customers will enjoy the free cookies and use the free coupons to buy more. By giving the free samples, Arizona is introducing its products to new customers with the anticipation of growing its sales. Other methods of sales promotions include competitions and loyalty points.

8 0
3 years ago
Sylvia Taylor stresses that a _______, which is a written statement of all the things a worker actually does and how he or she d
yKpoI14uk [10]

Answer:

Job description

Explanation:

A job description is defined as a written document that enumerates the duties that is expected from someone occupying a particular position.

Job description gives an employee a guide on how to effectively meet up with performance requirements in a position, since all key performance activities are enumerated.

Skills needed to succeed on the job can also be communicated in the job description.

In this scenario where Sylvia is referring to a statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performance. She is describing a job description.

3 0
3 years ago
Bella is 23 years old and wants to invest money for her retirement. She wants to have $2,000,000 saved up when she retires at ag
maks197457 [2]

Answer to a:

The number of years for which the deposits will be made is given by:

= Retirement age - current age

= 65 - 23

= 42 years

5 0
3 years ago
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