To run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. Winston's implicit costs $64,000
<h3>What is implicit costs?</h3>
Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange.
For instance, losing out on sales and commissions while training a new employee takes up a day. This opportunity cost, often known as the commission and other pay, is a cost to the employee or trainer.
Explicit costs are distinguished from implicit costs by economists. Out-of-pocket costs including those for labour, supplies, and rent are considered explicit costs, also known as accounting costs. Implicit costs are expenses a company faces without making a direct financial commitment.
To learn more about implicit costs visit:
brainly.com/question/15849018
#SPJ4
Answer:
The right option is (C)
Explanation:
The economic model of corporate social responsibility explains that a company should focus on providing their customers with the best product possible and they should manufacturing goods which public needs. The only way to benefit society is to leave society alone and work to provide market profit products that society needs. The management of online retail store is establishing a complete opposite framework.
It is important to Learn, and Write down Results/Notes.
Answer:
Enterprise 2.0
Explanation:
Osmectes corp. is using enterprise 2.0 - integration software to integrate their employees to help each other. The software will help employees to perform towards achieving a common goal. It is an integration software that can be used for multiple different aspects. In the current scenario, Osmectes has used it to create software, which allows employees to assist each other.
The process of predicting what the market would pay for a company's investments and bonds is called a <u>valuation</u>.
Valuation is a quantitative process which determines what the market would pay for a company or its assets like investments and bonds. They may be valued on an absolute basis or on a relative basis compared to similar companies or assets. An analyst does this by placing value on many metrics.
Methods of valuation may differ and may provide different answers. Some methods that may be employed are Fundamental analysis, capital asset pricing model (CAPM) and dividend discount model (DDM).
<u>The other options are incorrect because:</u>
- An appraisal is just an estimation of the market value of a company or its assets and is only used as a pricing guide.
- Financial management is the practice of planning, obtaining, managing and administering funds in a business.
- Assessment is the act of judging the value, amount or importance of a thing.
You can learn more about bond values at
brainly.com/question/26376004
#SPJ4
<u>The complete question is given below:</u>
" the process of predicting what the market would pay for a company's investments and bonds is .
- Valuation
- Appraisal
- Financial Management
- Assessment "