Answer: Economic cost = $175,000
Accounting cost = $100,000
Explanation: The difference between economic cost and accounting coast is economic cost takes into consideration the next best alternative foregone, that is, opportunity cost whereas accounting cost only sums cost incurred. In the given case the interest on savings and salary of job is the opportunity cost of Jill.
Therefore,
Economic cost = $5000 + $70,000 + $80,000 + $40,000 - $20,000=$175,000
Accounting cost = $80,000 + $20,000 = $100,000
Given that <span>Superfast
logistics helps manufacturing companies with a variety of different
solutions for transporting goods. it has placed "stories" and videos on
its website that explain how superfast logistics has helped specific
customers solve transportation problem.
Superfast is using case studies.
</span><span>Case studies are stories that are used as a teaching tool to show the application of a theory or concept to real situations.</span>
Answer:
-$7billion
Explanation:
Given that
Exports of goods and services=$12 billion
Imports of goods and services=$14 billion
Net income on investments= -$4 billion
Net transfers= -$1 billion
Increase in foreign holdings of assets in the United States= $6 billion
Increase in U.S. holdings of assets in foreign countries= $3 billion
Recall that
CAB = (X - M) + NY + NCT
Where
X = export
M = import
CAB = current account balance
NY = net income from abroad
NCT = net current transfers
Therefore
CAB = (12 - 14) - 1 - 4
= - $7 billion
The correct answer would be option A, computer,desk,legal/incorporation fees,roof.
She also paid $6000 in legal/incorporation fees and spent $12000 for a new roof for the office building she owns. Computer, desk, legal/incorporation fees, roof, purchases she can expense in 2018 without limitations.
Explanation:
Wendy is a financial planner who began his business in 2018. She purchased computers, desks, paid legal/incorporation fees, and also spent money for a new roof for the office building.
All these purchases are already paid by him in the running year. So he does not have to worry about their limitation at least in 2018. These are mostly one time purchases that would need only maintenance in years, or he might have to pay only for the renewal of the legal/incorporation. Otherwise there would be no limitation on him in 2018 at least.
Learn more about Purchase expense without limitation at:
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Answer:
$34,100
Explanation:
The interest on the installment note for the first year is a function of both the face value of the note and interest rate of 11%
Interest expense on the first annual payment=$310,000*11%
Interest expense on the first annual payment=$34,100
The amount principal repayment in respect of the first annual payment is the amount of payment which is $52,639 minus the interest portion of the payment.
The Principal portion of the first payment=$52,639-$34,100=$18,539
