Answers
If there were 10 firms in this market, the short-run equilibrium price of ruthenium would be $ per pound. at that price, firms in this industry would . therefore, in the long run, $52, earn a profit, & enter.
What do you mean by short-run equilibrium price?
When the total amount of output required and supplied equals one another, an economy is in short-run equilibrium. Finding the point where AD meets SRAS will allow you to determine the short-run equilibrium in the AD-AS model. The equilibrium is made up of the equilibrium output and the equilibrium price level. Thinking of the short-run equilibrium as "how much real GDP is this economy making right now, and what is an economy's current CPI" is a good approach.According to our analysis of markets, when an economy is out of equilibrium, prices change until the market reaches equilibrium. A short-run macroeconomic equilibrium follows the same general principle, but with a slight change.
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Related Questions
A clear understanding of ethical expectations is essential to an industry like lobbying, where illicit behavior can sometimes occur to
promote individual causes.
True
False
Answers
It is true that a clear understanding of ethical expectations is essential for a sector such as lobbying, where there can be illicit behavior in favor of individual benefits.
LobbyingIt corresponds to the influence of a group in the decisions of public power to favor its objectives.
To avoid unethical lobbying, there needs to be greater dissemination of information about this practice and greater control over the acceptance of contributions from interests, preventing the power of lobbyists over legislators.
The correct answer is:
TrueFind out more information about lobbying here:
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Most of the assets were bought a long
time ago and would worth much more
than the books show today.
What is the accounting principle?
Answers
Answer:
Historical cost principle
Explanation:
Assets must be recorded at cost value, not market value. When you record an asset, you cannot change its value every period, you have to keep using the historical value. This is why we use a separate account to record accumulated depreciation of assets, so that the purchase cost is always constant, but the net carrying value will vary depending on depreciation expense.
Market value changes and can be very volatile. Imagine a house, whose initial value was $300,000, then it increased to $500,000 but the market went down and its value was $350,000. It would be a mess to change the value and pay capital gains taxes, or then report a loss.
You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.
Answers
Answer:
Explanation:
Opportunity Costs for going to college
1. Cost of college tuition
2. Loss of income for getting a job right away instead of going to college
3. Time spend at college could be used of something else such as a hobby
Benefits for going to College
1. Getting a job with a higher salary
2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)
3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)
Construct a contingency table from the following data where the two rows represent
whether the person was a democrat (D) or a republican (R) and the two columns
represent whether the person said that they intended to vote for Clinton (C) or
Trump (T).
Political
DRDDRDRRRDRRRDDRDRDR
Party
Candidate TCCTCTTCTCTT CCTCTTC
How many intend to vote for Clinton (C)?
(Round your answer to three decimal places.)
Your Answer:
9
Answer
Next Page
Page 20 of 20
Answers
Answer:
Clinton (C) Trump (T) Total
Democrat (D) 5 4 9
Republican (R) 4 7 11
Total 9 11 20
From the Contingency table above, we can see that 9 people intend to vote for Clinton.
On the 24th, a shooting incident occurred at a high school in St. Louis, Missouri, my country. A 19-year-old gunman opened fire on the campus, causing 2 deaths and 7 injuries, and was eventually shot dead by the police.
On October 25, St. Louis Mayor Tishaura Jones said that gun violence continues to take the lives of children and children in our country, and its severity is enough to become a "national emergency" and the government should take action. Police said at a news conference that day that the gunman was Orlando Harris, a 19-year-old male who just graduated from the high school last year.
Answers
The deaths at the high school in St. Louis, Missouri, United States show that an argument can indeed be made for tighter gun controls in the country.
Should there be tighter gun controls in the United States?The most recent tragedy that resulted from gun violence in the United States, was the killing of two people at the Central Visual and Performing Arts High School, St. Louis, Missouri, by a previous student of the school.
Over the years, there have been other instances of gun violence in American schools including the shooting at Uvalde, Texas that led to the deaths of 19 children.
The United States has the highest rates of gun ownership in the entire world as well as one of the highest rates for mass shooting. This means that there must be a correlation between the two. Nations that have tighter gun controls have lower rates of mass shooting.
There is therefore a good enough argument that the United States should introduce stricter and tighter gun controls in order to reduce the incidence of mass shootings, especially at schools.
The rest of the question is:
Does this shooting add more evidence for the argument for tighter gun control or less?
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(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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What is a personal documentation?
What is the use?
Why is it important?
Thank you :)
Answers
Answer:
Personal documents are first-hand accounts of social events and personal experiences, and they generally include the writer's feelings and attitudes. They include such things as letters, diaries, photo albums, and autobiographies. Personal Documents may sometimes be referred to as Life Documents
Explanation:
Many other aspects of your life will run more smoothly with your documents in order. With well-organized health and prescription records, it is easier to stay on top of any health conditions you may have. The ability to lay hands on your insurance policies in the event of an issue arising will minimize stress too!
What motivates people to buy certain products?
Answers
illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
Answers
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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As a business owner, explain the importance of scanning the internal and external environment of a business.
Answers
Answer:
1. Identification of strength
2.identificationof weakness
3. Identification of opportunity
4. Identification of threat
5. Optimum of use of resources
1. Why has ransomware become such a serious global problem?
2. In the Atlanta and Baltimore ransomware attacks, the perpetrators asked for far less money than the two cities ended up paying to recover. Would it not have saved money and time for both cities to have paid the ransom? Why did each city not pay the ransom? 3. Was this a good decision? Draw implications for any organization after a successful ransomware attack. Should organizations pay ransoms?
Are your personal digital files adequately backed up? Why or why not?
Answers
1. Ransomware is one in all the largest cybersecurity issues on the net and one of the largest forms of cybercrime that enterprises face today. Ransomware is a shape of malicious software – malware – that encrypts files and documents on anything from a single pc all the way as much as an entire community, together with servers.
2. For my part it would now not have saved them money and time because the perpetrators might have visible this as a weak point and could have requested for more money, or not released what they stated they could.
The towns have been able to feature, despite the fact that at a slower pace, just as they had been before they just didn’t have the assist of the generation from before. They paid the decrease charge and negotiated and were nevertheless capable of get control returned.
3. I think this turned into a great decision because they would have placed themselves in numerous debt which would were very terrible for the humans of the city.
I do now not assume that corporations have to pay ransoms, I think you can good deal with the wrongdoer and advantage get entry to without losing a lot money.
Ransomware is a form of malware from cryptovirology that threatens to put up the victim's personal information or permanently block get entry to to it except a ransom is paid.
At the same time as some easy ransomware may additionally lock the system without damaging any files, extra superior malware makes use of a technique known as cryptoviral extortion.
Ransomware is an ever-evolving shape of malware designed to encrypt documents on a tool, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in change for decryption.
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On June 23, 2016, voters in the United Kingdom voted to leave the European Union. From June 16 to June 23, 2016, the exchange rate between the British pound and the dollar increased from 1.41 dollars per pound to 1.48 dollars per pound. What can you say about market expectations regarding the result of the referendum
Answers
The increase in the exchange rate suggests the market may have anticipated a potential outcome of the UK leaving the European Union
Did the exchange rate change indicate market expectations?The observed change in the exchange rate from 1.41 dollars per pound to 1.48 dollars per pound in the days leading up to the Brexit referendum indicates that the market may have anticipated a potential outcome of the UK leaving the European Union.
This increase could reflect market participants adjusting their positions in response to the evolving situation, as a higher exchange rate for the pound could indicate a more positive outlook or reduced uncertainty regarding the referendum's result.
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Question 14 of 20 :
Select the best answer for the question.
14. Export management companies
A.import as well as export.
B. handle all aspects of exporting, for a percentage fee of the business.
C.only do consulting work.
D. work on flat fees per month.
Answers
Export management companies handle all aspects of exporting, for a percentage fee of the business. Thus option (C) is correct.
What is a business?A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.
The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.
There are different types of partners in a business. The persons who owns the shares of the company is known as shareholder. The partner who can lose only what he or she has invested in a business is the general manager.
Export management companies handle all aspects of exporting, for a percentage fee of the business. Therefore, option (C) is correct.
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what belongs in a reference field when completing a deposti
Answers
A reference field is a short description providing a receipt or invoice number for records.
Define an invoice number.An invoice that contains a list of products or services provided to a customer for payment. The seller or supplier will issue an invoice towards the end of the transaction after the product has been delivered or the service has been rendered. The invoice contains the previously agreed price to be paid by the buyer after completing the order.
As your business grows, you, the business owner, will be sending a lot of messages. This is a good question, but difficult to track. This is where the invoice number comes into play. Set up an invoice number assignment system and maintain a consistent invoice number format. These handy numbers make it much easier for small business owners to manage each billing cycle, avoid double payments, get paid faster, and get through the other side of tax audits unscathed. Become.
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The complete question is as follows:
What belongs in a reference field when completing a deposit?
For each statement about Direct Competition and Indirect Competition,
choose True or False.
Indirect Competition is a
business whose services are
different from yours but
satisfy the same need.
All Companies that sell
goods and services are
Indirect Competitors.
When your target audience
buys products from a
competitor instead from
you, that is Indirect
Competition.
Direct Competition is a
company that offers
the same thing you
offer.
1. True
2. False
Answers
Answer:
Explanation:
1) Indirect Competition is a business whose services are different from yours but satisfy the same need.
True
2) All Companies that sell goods and services are Indirect Competitors.
False
3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.
False
4) Direct Competition is a company that offers the same thing you offer.
True
at the best answer for the question
The selling of goods and/or services to a customer is called
A.Service Industry
B.Food Service
C.Purchasing
D.Retail
Answers
Answer:
The correct answer is D. Retail.
Explanation:
Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.
Penny Cassidy is considering forming her own pool service and supply company, Penny’s Pool Service & Supply, Inc. (PPSS). She has decided to incorporate the business to limit her legal liability. She expects to invest $31,000 of her own savings and receive 2,000 shares of common stock. Her plan for the first year of operations forecasts the following amounts at December 31, the end of the current year: Cash in bank, $7,000; amounts due from customers for services rendered, $3,400; pool supplies inventory, $5,700; equipment, $29,100; amounts owed to Pool Corporation, Inc., a pool supply wholesaler, $4,600; note payable to the bank, $6,100. Penny forecasts first-year sales of $66,600, wages of $25,100, cost of supplies used $9,300, other administrative expenses of $5,600, and income tax expense of $5,100. She expects to pay herself a $18,000 dividend as the sole stockholder of the company.
If Penny’s estimates are correct, what would the following first-year financial statements look like for Penny’s Pool Service & Supply, Inc.?
Answers
The company's financial performance and position during the first full year of operations are summarized in the financial statements. Sales, costs, investments, liabilities, and stockholder equity all appear to reflect the estimates and facts given.
A shareholder of corporate stock is an individual or legal entity (such as another corporation, a body politic, a trust, or a partnership) that is registered by the corporation as the legal owner stockholder of shares of the share capital of a public or private corporation financial statements (also frequently referred to as a stockholder in the United States).
Members of a company are sometimes used to refer to stockholders.
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What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products? A. Sales promotions B. Market research C. Direct marketing D. Public relations Please select the best answer from the choices provided A B C D
Answers
Answer:
Is a D. Public relations
To save time, try a test solution after your first interview
Answers
Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.
Answers
Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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Help please !!!
Thanks in advance.
The purchase of equity securities is classified as an investing activity.
True? or false ?
Answers
Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Answers
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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Select the correct location on the graph.
Indicate the point where a monopoly will set its price,
Рnce
demand
marginal
cost
marginal
revenue
0
Output
Answers
Most often, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet, that is MC=MR.
How do monopoly firm set its price?A monopoly sets a monopoly price. When a company has no viable competition and is the sole producer of an industry's product, it has a monopoly. Because there is no competition, a monopoly has absolute market power and can charge a price above the firm's marginal cost.
Because marginal cost is the increase in total cost required to produce an additional unit of the product, the firm can make a positive economic profit by producing more of the product and selling it at a lower price. When it determines the quantity of the product, the monopoly ensures the existence of a monopoly price.
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Answers
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!
Awards that I have won are mvp (middle school) leadership (elementary)
Answers
To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.
How to create a good resume?Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:
Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer workTherefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.
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Match the design thinking stage to its description.
Question 14 options:
The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs)
Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better
Analyze observations and information to identify the core problem
The design team comes up with solution ideas
The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers
1.
Empathize
2.
Define
3.
Ideation
4.
Prototype
5.
Test
Answers
The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs) - Prototype.
Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better - Empathize
Analyze observations and information to identify the core problem - Ideation
The design team comes up with solution ideas - Ideation
The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers - Test
What is a Design thinking?Generally, a design thinking means the set of cognitive, strategic and practical procedures used by designers in the process of designing and to body of knowledge that has been developed about how people reason when engaging with design problems. A design thinking is also associated with the prescriptions for the innovation of products and services within business and social contexts.
The term "design thinking" is been used to refer to specific cognitive style, a general theory of design (which is way of understanding how designers work), and a set of pedagogical resources (through which organisations or inexperienced designers can learn to approach complex problems in a designerly way).
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Which of the following would be an example of an implicit cost?
(i)
forgone investment opportunities
(ii)
wages of workers
(iii)
raw materials costs
Group of answer choices
Answers
Answer:
(i) forgone investment opportunities
Explanation:
Implicit costs are the same as the opportunity costs of using a company's resources. There are the foregone benefits of not investing in project B but opting for project A. Implicit costs are associated with the resources that a business already owns.
Implicit costs are used to calculate the economic value of a project. They help managers assess how best to use the available resources. Wages of workers and raw materials costs represent explicit costs, which are direct materials of a project.
Beaverton Lumber purchased milling equipment for $43,000. In addition to the purchase price, Beaverton made the following expenditures: freight, $2,300; installation, $3,800; testing, $2,800; personal property tax on the equipment for the first year, $900. What is the initial cost of the equipment
Answers
Answer:
the initial cost of the equipment is $51,900
Explanation:
The computation of the initial cost of the equipment is as follows:
= Purchase price + freight + installation + testing
= $43,000 + $2,300 + $3,800 + $2,800
= $51,900
Hence, the initial cost of the equipment is $51,900
By applying the above formula we can easily calculate it