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3 years ago

When did banks of deposit first arise?

Business

1 answer:

Roman55 [17]3 years ago

3 0

Answer:

Around 2000BC

Explanation:

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Hi how do i kiiill anything

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4 years ago

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Magic Realm, Inc., has developed a new fantasy board game. The company sold 45,000 games last year at a selling price of $66 per

storchak [24]

Answer:

Please see below and attached.

Explanation:

1a. Prepare a contribution format income statement for the game last year. The Net operating income is $90,000.

1-b The degree of operating leverage

= $10.

2a. Net operating income increases by 220%

2b. Total expected net operating income is $288,000.

Please find attached detailed breakdown of the answers provided above

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4 years ago

Jennifer owns a pig farm near Salina, Kansas. Last year she earned $39,000 in total revenue while incurring $38,000 in explic

leonid [27]

Answer:

Jennifer earned an accounting profit of $1,000 and economic loss of $26,000

Explanation:

Total revenue for Jennifer is $39,000.

Explicit costs incurred is $38,000.

The implicit cost or opportunity cost involved is $27,000.

Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.

Jennifer has earned an accounting profit of

= Total revenue - Explicit costs

= $39,000 - $38,000

= $1,000

Economic profit takes into account the explicit cost as well as implicit cost.

The economic profit earned

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3 years ago

Differences between open opportunity legal equality and free contract

Likurg_2 [28]

<span>open opportunity - allows people to participate in the market of their choice and what they want to do in the market
legal equality - assures people in each market have the same rights</span>

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3 years ago

Cash flow ________ be negative before debt and equity infusions and ________ be negative after them.

Eddi Din [679]

Cash flow can be negative before debt and equity injections and must not be negative afterward.

The income statement recognizes income and expenses when cash is incurred, not when cash is actually exchanged. A cash flow statement records cash inflows and outflows when they actually occur.

The present value method calculates the expected monetary gain or loss from a project by discounting all expected future cash inflows and outflows to date using the hurdle rate.

Accounting receipts are pure receipts - expenses = receipts; cash flow is when cash actually changes hands, either coming in or going out. Recent cash flow should be used.

Learn more about Cash flow at

brainly.com/question/735261

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1 year ago