Answer:
a. $100, and her economic profits are $25
Explanation:
Accounting profit = Revenue - Explicit Cost
$150 - $50 = $100
Economic profit = Accounting profit - Opportunity cost
$100 - ($ 15 × 5)
$100 - $75 = $25
I hope my answer helps you
The standard direct labor hours per unit is 1.5 hours.
Answer:
secondary data
Explanation:
Sources of information are those elements from which information necessary for decision making in the company can be obtained.
At each level of the company, different types of information are usually required.
Secondary sources
They are the sources that provide information or data that have already been published or collected for purposes other than the current one.
Secondary sources, in general, are inexpensive and are obtained quickly, so they must be searched first before primary sources.
Examples of secondary sources may include company databases, business databases, government entities, associations, chambers of commerce, statistical institutes, universities, research centers, trade fairs, libraries, books, newspapers, magazines, publications.
<span>Sustainable Growth Rate is = ( 1- Dividend Payout Ratio ) X RoE
Now, We have to find out the RoE of the given problem.
Return on Equity (RoE) = (Net Profit Margin) X (Asset Turnover)
X(Equity Multiplier).
= (0.05) X (1.40) X (1.50)
=0.105 or 10.5%
Now Sustainable Growth Rate(SGR) = (1- .40) X 0.105
= .063 or 6.3%
So, According to the question SGR of Green Giant is = 6.3%</span>
Answer:
<u>II and III</u>
Explanation:
According to the IRS tax guidelines this two scenario matches them correctly;
The statement that James is Patti's brother, <em>would imply</em> that he (James) would not recognize any income from the sale to be deducted as tax.
Second, assuming Patti is an art dealer and she sold the painting to James because she needed cash quickly, James would not recognize any imputed income from the sale.