Answer:
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Answer:
$2,340
Explanation:
The computation of cash received from this loan is shown below:-
cash received from this loan = Approved amount - (Approved amount × Two year × Percentage of loan
)
= Approved amount - ($3,000 × 2 × 11%
)
= $3,000 - ($3,000 × 2 × 0.11
)
= $3,000 - $660
= $2,340
Therefore, for computing the cash will Patricia receive from this loan we simply applied the above formula.
I will assume this is a true or false question, the answer is true. Requirements analysis, likewise called requirements engineering, is the way toward deciding client desires for another or altered item. These elements, called necessities, must be quantifiable, significant and point by point. In programming building, such necessities are frequently called utilitarian particulars.
Answer:
Accounting profit will be $500000
Economic profit will be $200000
Explanation:
We have given number of units produces = 200000
Cost of one unit = $10
So total cost of production = 100000×$10 = $1000000
Explicit cost = $1500000
And implicit cost = $300000
We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000
And economic profit = revenue - implicit cost = $1000000-$300000 = $200000