Jacqui's economic profit from running her own business is: $44,400
Using this formula
Economic profit =(Accounting costs - Implicit costs)
Where:
Accounting profit = $90,000
Implicit costs=($20,000 x 3%) + $45,000
Let plug in the formula
Economic profit=$90,000-[($20,000 x 3%) + $45,000]
Economic profit=$90,000-($600+$45,000)
Economic profit=$90,000-$45,600
Economic profit=$44,400
Inconclusion Jacqui's economic profit from running her own business is: $44,400
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do you want high or low interest rate on loan/credit explain
Answer:
Low interest rate is better because you will payback less
Explanation:
an external auditor is required to be independent when performing:
Answer:
Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. ... Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services
An external auditor is required to be independent when performing: their duties.
Who is an auditor?An auditor is someone who is responsible for evaluating the validity and reliability of a company or organization's financial statement. An accounting record so audited will be relied upon by management and investors in making their investment decision.
Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services.
Hence, an external auditor is required to be independent when performing their duties.
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give questions from biology plzz and take free 20 points for that and more after you give question and ill give brainliest
Answer:
How did evolution ever lead ostriches to hide their head in the sand when an enemy approaches?
Explanation:
HOPE IT HELP
a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a
Answer:
the answer is black market
Advertising plans include: (select 3 that apply)
HELP ASAPSelect 3 correct answer(s)
developing a marketing strategy
evaluating the results of the advertising
determining the target market
setting an advertising budget
o discrediting the competition
Advertising plans include defining the target market, setting an advertising budget, and evaluating advertising results.
An advertising plan can be defined as a strategy used by companies to:
attract and retain consumers.For this, it is necessary for the organization to define its target market, the necessary budget and the communication channels where its advertising will be shown.
It is also essential to monitor and evaluate advertising results to understand how advertising has impacted audiences and achieved expected results.
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Answer:B,C,D
Explanation:
factors such as the increasing number of women in the workforce and the growing number of older workers exemplify which force for change outside the organization?
Answer: demographic characteristics
Explanation:
How do you think the company’s motto ""Do what you like. Like what you do"" might affect how managers manage? Be specific
Answer:
This motto will encourage the managers to love their job which results in a higher performance
Explanation:
order these ideologies from those that call for the least amount of government involvement in the economy and society to those that call for the greatest amount of government involvement.
Placing different ideologies from those that support the least amount of government involvement in the economy and society to those that support the greatest amount of government involvement, we have Libertarian, Conservative, followed by Liberal, then finally Socialist.
This is because Libertarian is an ideology that is known for drastic laissez-faire political doctrine. They seek little government interference in every aspect of society.
Conservative is an ideology known for supporting sovereignty over equality. They support capitalism with no government interest in issues relating to business and social welfare policies.
Liberal this an ideology known for advocating for government involvement in education, labor, and social programs. They believe in greater equality of society and are more tolerant of others.
Socialism is an ideology known for supporting the idea of government owning and controlling everything in society, including economic and social issues. They prefer equality over freedom.
Hence, in this case, it is concluded that Libertarian ideology least wants government involvement in the society. At the same time, Socialism is the ideology that mostly wants government involvement in society.
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Did your marketing efforts create more accurate expectations about the product?
Answer:
Yes...But is a written statement of your company's marketing goals and plan for achieving them..This section of the marketing plan describes the features of the product and its benefits for people in your target market.
This is where you discuss the needs, desires, and fears of your target market and consider how you can use these emotions to make your product's benefits most attractive..
Explanation:
Hope it helps you..
But If you don't get my answer, i-its fine..(;ŏ﹏ŏ)
B-but... Y-your welcome in advance..
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the first step in the process of organizing a business is to
Answer:determine the work that needs to be done
Explanation:
accountants who work at the corporate headquarters of a large department store chain use state-of-the-art systems to create financial statements every day, but the interpretation and analysis of those statements can take several hours. the accounting department consists of financial, managerial, and tax accountants. one advantage of departmentalizing the accountants is:
The major advantage of departmentalizing the accountant is because its ensure maximum efficiency since employees could coordinate work within the department function.
Simply put, the term "Departmentalization" refers the process of grouping activities or function into section under the same department.
For instance, every company have an accounting department. The process of sub-grouping the accounting department into legal compliance or financial control, Reports and financial statements, Budgeting etc is known as departmentalization.
The process of Departmentalization has numerous advantages but one particular advantage is that employees with similar expertise can coordinate the work between themselves to achieve efficiency.
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An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?
A.
income account
B.
income summary account
C.
revenue account
D.
purchase account
E.
equity account
Answer: Income Account
Explanation:
Also referred and Income Statement.
Answer:
Income summary account
Explanation:
beginning inventory is $60,000. purchases of inventory during the year are $100,000. cost of goods sold is $120,000. what is ending inventory?
Answer:
Beginning inventory is $60,000. Purchases of inventory during the year are $100,000. Cost of goods sold is $120,000. What is ending inventory? $40,000
Explanation:
what is the penalty for filing taxes late if you are owed a refund
Answer:
There is no penalty for filing after the deadline if a refund is due.
assume a linear demand curve. the demand curve intersects the price axis at $10. the price of the good is $2 and the quantity sold is 20. calculate the consumer surplus.
Answer:
80
Explanation:
You use the area of a triangle formula (1/2b*h). In this case the base would be 20 (quantity demanded) and the height would be 8 (10-2).
The consumer surplus is $80
The demand curve is a curve that shows the relationship between the quantity demanded and the price of a good. The demand curve is downward sloping because quantity demanded is negatively related to the price of the good.
Consumer surplus is the difference between the highest amount a consumer is willing to pay for the good and the price of the good. Looking at the attached image, the consumer surplus is represented by the triangle formed under the area of the demand curve.
Consumer surplus can be determined by calculating the area of the triangle.
Area of a triangle = 0.5 x base x height
Base = 20 = quantity sold
Height = $10 - $2 = $8
Consumer surplus = 0.5 x 20 x $8 = $80
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why is the McDonald ice cream machine always broken?
Answer:
its broken again XD
Explanation:
But as the answer to this question
*DEEP DRAMATIC SIGH*
We may never know my dude hang in there!!!!
Which customers are typical for the Agriculture, Food, and Natural Resources career cluster? SELECT FOUR OPTIONS!!!!
A) a power company needing solar panels
B) a local fresh market
C) a business working with trained animals
D) a person buying large quanities of wheat
E) a person learning about geography
F) a family on a camping trip
PLEASE HELP ITS WORTH 50 POINTS!!!!!
Answer:bcde
Explanation: kids cant work so not f and solar panels have nothing to do with the farmers so not a
The customers that are typical for the Agriculture, Food, and Natural Resources career cluster are a local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip. Thus option (B), (C), (D) and (F) are correct.
Who are customers?Customers are individuals or organizations who purchase goods or services from a seller or provider. They are the people or entities who pay for and use the products or services that a business offers.
The relationship between a business and its customers is a crucial aspect of its success, as satisfied customers are more likely to return for future purchases and recommend the business to others.
A local fresh market; a business working with trained animals; a person buying large quantities of wheat and a family on a camping trip are the customers are typical for the Agriculture, Food, and Natural Resources career cluster. Therefore, option (B), (C), (D) and (F) are correct.
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please help me asap!
Answer:
Indirect
Explanation:
Please give brainliest.
please help me asap!
if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is
The cost of ending inventory under the average-cost method is $75,250.
The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.
Average cost method = total cost of inventory bought / total units bought
(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000
Total units bought = 5000 + 15,000 + 20,000 = 40,000
Price of inventory = $430,000 / 40,000 = $10.75
Cost of ending inventory = $10.75 x 7000 = $75,250.
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identify two ways to deposit money into and withdraw money out of your checking account.
Answer:
There are two ways to make deposits and withdrawals from a checking account: by going to a bank branch and working with a bank teller, or by using the nearest ATM.
Explanation:
what is enterprenuship
Answer:
Entrepreneurship is the creation or extraction of value.
Explanation:
generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.
Answer:
the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
the amount of unemployment that the economy normally experiences is known as
Answer:
The natural rate of unemployment.
which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outcomes to a protected class?
Answer:
searchhhh mo saaa
Explanation:
GOOoogleNasdaq, the American Stock Exchange, and the OTC market collectively form the
Answer: Stock market
Collectively, the markets of Nasdaq, the American Stock Exchange, and the OTC market form the Stock Market.
What is the stock market?This is a market where shares or stocks in different companies are sold amongst people.
There are various components in the stock market of the United States including Nasdaq, the American Stock Exchange and the OTC market.
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Erica is an administrative assistant for a company with more than three thousand employees. She needs to send insurance documents to each employee. Erica should _____. call each employee and ask them to pick up the documents at her desk use a digital ink pen to scan her handwritten notes from a meeting send an e-mail to all employees and attach the insurance documents create a presentation
Answer:
Send an e-mail to all employees
Explanation:
a company recorded an event that had no affect on total assets, net income, or cash flow. this could have been caused by ______.
If a company recorded an event that had so effect on assets, income or cash flow, his action could have been caused by writing off an uncollectible account.
A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.
If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.
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8. One of Hope's coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover
the shifts. Which of Hope's deductions will definitely change as a result?
a. Her Federal tax
b. Her health
C. Her dental
d. Her retirement
Answer:
A
Explanation:
Federal income taxes are simply known to be collected by the federal government to pay their bills
State taxes are often collected by individual state governments to pay their specific state bills.
Income tax are simply regarded as Taxes on income, both earned in salaries, wages, tips, commissions and also those unearned in form of interest and dividends.
Conclusively, Income taxes can be levied on both individuals and businesses.
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what is one characteristic of a command economy? citizens are responsible for providing their own health care. citizens can easily start their own businesses. the government controls the prices of most goods. the government prohibits the use of money.
One of the characteristic of a command economy is : The government controls the prices of most goods.
What is a command economy?A command economy is an economy controlled by the government as opposed to being controlled by fluctuations in the market. Here, the government determines what items will be produced, how much of them, and at what price they will be sold.
It is to be noted that a command economy is one of the features of communist society in which the government also control investment and income.
Hence, one of the characteristic of a command economy is that the government controls the prices of most goods.
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Answer:
The government controls the prices of most goods.
Explanation:
If Frica Morrison a machine operator at Stanley Foundry, makes $513.66 a week and has 33 in FIT withheld, how many allowances has she claimed?
A 0
B 1
C 2
D 3
Using the Single's Person Weekly payroll distribution , the number of allowances claimed by Frica Morrison will be 3.
Given that :
Weekly pay = $513.66Federal income tax withheld = 33From the payroll table, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the table(attached) that Federal income tax withheld of $33 falls under the 3 allowances claimed.
This means that for Frica to have $33 withheld from his weekly pay of $513.66, then he must have claimed 3 allowances.
Therefore, the Number of allowances claimed by Frica Morrison is 3.
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