Answer:
The accounting profit is $30,000.
Explanation:
The implicit cost of running the restaurant is the opportunity cost of giving up a salary of $40,000 per year working as a chef.
The revenue earned from the restaurant is $100,000.
The explicit costs is
= $50,000 + $20,000
= $70,000
An accountant will consider only the accounting cost or explicit cost in the calculation of profits.
Accounting profit
= Total revenue - Explicit costs
= $100,000 - $70,000
= $30,000
Answer: The correct answer is "S corporation, to gain some tax advantages and also to obtain limited liability.
".
Explanation: S corporation is the legal form of business organization that probably adapts best to her needs because it would be a great advantage to have tax benefits and in turn limit the liability only to the capital contributed, this means that to meet your obligations you only respond with capital from the company and not with Jane's own assets.
I would do make me a millionaire
The ability to rapidly increase or decrease production levels, or shift from one product or service to another is known as capacity flexibility. Thus, the correct answer is C.
<h3>What is a product?</h3>
A product is refers as things or services which are use for sale. This product can both be tangible to use where as services are intangible which one can feel only.
The ability to modify total production capacity at any time by combining dependent and fixed resources is known as Capacity flexibility. All decision-making levels including strategic, tactical, and operational, contribute to make capacity decisions.
The most frequent method for increasing capacity is to add more workers, machinery, and space to the production line.
Therefore, option C capacity flexibility is the appropriate answer.
Learn more about product, here:
brainly.com/question/13117735
#SPJ1
So our analysis stands for strength weakness opportunities and threats
