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DENIUS [597]
3 years ago
11

ब्दितात शान्तनुका लागि)

Business
1 answer:
ollegr [7]3 years ago
7 0
Xxxcndn kwndkdd ws kind
You might be interested in
Select the correct answer. Which form of relativism states that people rely on their own standards of right and wrong when makin
Sladkaya [172]

E. Naive relativism

Explanation:

Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.

<u>These decisions are thus treated as truth derived from one's own self by the person who is concerned. </u>

Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.

7 0
3 years ago
Larry lives in Chicago and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. Of
OLga [1]

Answer:

a)

1. Explicit cost

2. Implicit Cost

3. Implicit Cost

4. Explicit cost

b)

Accounting Profit is $62000.

Economic Profit is -$3000. (a loss of $3000)

Explanation:

a)

Explicit costs are those costs incurred by a business that require an outlay of money as a result of operating a business.

Implicit costs, on the other hand, are the costs that do not require an outlay of money as a result of operating a business. They are instead the opportunity costs of operating a business or the benefits that are foregone.

1. The wages and utility bills are a result of operating a business and requires and outlay of money as their payment. They are <u>explicit costs.</u>

2. The rental income could have been earned if Larry rented the showroom he is using to operate his business from. The rent foregone is an opportunity cost and is an <u>implicit cost.</u>

3. The salary Larry could have earned is also something that Brian has to forego to operate his business and is an <u>implicit cost.</u>

<u />

4. The cost of purchases paid to manufacturer requires outlay of money and is an <u>explicit cost.</u>

<u />

b)

Accounting profit = Total Revenue - Total explicit cost

Economic profit =  Total revenue - (Total Explicit Cost + Total Implicit Cost)

Accounting Profit = 793000 - 430000 - 301000 = $62000 profit

Economic profit = 793000 - (430000 + 301000 + 15000 + 50000) = -$3000 loss

6 0
3 years ago
What is the major difference between the post-closing trial balance and the other two trial balances?
lapo4ka [179]

Answer:

d.The post-closing trial balance is the only one to include only real accounts.

Explanation:

Post closing trial balance is prepared after providing for all the adjustments pending in the first raw trial balance.

Thus, it only represents the real accounts, as only real accounts have the balance to be carried forward, all the expenses and incomes are not real accounts and are thus, closed, and no carrying balance.

Whereas, all other trial balances will have the other accounts outstanding as well.

Thus, only statement D is correct in disclosing the difference between various trial balances.

4 0
3 years ago
You consider buying a share of stock at a price of $24. The stock is expected to pay a dividend of $1.32 next year, and your adv
Blababa [14]

Answer:

2%

Explanation:

Actual return = [(Dividend + Capital gain) / Purchase price] * 100

= [($1.32 + $27 - $24) / $24] * 100

= 18%

Expected return = rf + Beta*(E(rm) - rf)

= 10% + 0.6*(20% - 10%)

= 16%

Abnormal return = Actual return - Expected return

Abnormal return = 18% - 16%

Abnormal return = 2%

5 0
2 years ago
Jane is not married and has no children. She is 35 and owns her own home. Under which status is she most likely to file?
eduard
What is the list of awnsers
3 0
3 years ago
Read 2 more answers
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