Answer:
$10,000.
Explanation:
The economic profit by Robert is $10,000. this is calculated below.
The amount withdrawn and invested = $100,000
Cost of property sold = $120,000
Profit from the sale of the property = $20,000
Amount made if he had not withdrawn the money = $110,000
Profit if he had not withdrawn the money = $10,000
Economic profit = $20,000 - $10,000
= $10,000
The opportunity cost of $10,000 (foregone interest) must be included to determine economic profit.
Answer:
b. Hiring many IT staff skilled in the latest technologies
Explanation:
Redesigning the business process, integrating various information systems and changes in how people do their work are challenges associated with the implementation of enterprise system.
On the contrary, hiring many IT staff skilled in the latest technology is not necessarily a challenge as most enterprise systems are fairly easy to use and do not require sophisticated skills and most of the packages also come with manuals which will help workers adjust to it. An example of enterprise system is SAPs.
I Think True Sorry If I Was Wrong
<span>A. a wife throwing herself on the funeral pyre of her husband.
</span>
I think it’s B if it’s not sorry