.Answer:
B) explicit cost of producing goods and services.
C) implicit cost of producing goods and services.
Explanation:
We know,
Economic profit = Total revenue - the explicit cost of producing goods and services - the implicit cost of producing products and services.
On the other hand, accounting profit = Total revenue - Total explicit cost
Through economic profit, a country or an industry can measure profitability after deducting monetary and opportunity costs from revenue.
Therefore B and C is the answer.
A company should look at the image of the celebrity, and the things they do outside of their job. Company’s don’t want to endorse an athlete or celebrity that could do something to jeopardize their image, and pull consumers away from their company
Answer: The inventory valuation method that has the advantages of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is <u>"A) FIFO."</u>
Explanation: This happens because the FIFO method (First in, First out) as the name implies, when registering an inventory output, takes into account the first units introduced to the inventory, remaining as the last units acquired, which are those that best reflect the current cost.
Nobody understands maths and if you do you were sent from heaven
