Liev runs an antiques store. Last year, he earned $35,000 in revenue and had explicit costs of $8,000. Liev could have made
$35,000 driving a boat in a water ski show and received an additional $10,000 if he had used the company's inputs in a different
way. Calculate Liev's economic profit.
$_____
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Related Questions
si el dia 17 de junio me comprometo a pagar una suma de dinero en un plazo de 3 meses: ¿hasta que dia tengo tiempo para hacer efectivo el dinero?
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The date that you would have to pay back the money borrowed would be September 16.
How to find the date ?A financial agreement or contract is established when an individual commits to paying a specific sum of money within an agreed-upon timeframe. In this particular instance, the obligation entails remitting payment within three months from June 17.
Should one vow to pay said amount before 3 whole months after June 17, then they would have until September 16th to follow through on their promise. This is because September 17th marks the end of the third month and thus its conclusion. Nevertheless, given that full payment is mandated within the span of those 90 days, the last day to submit the sum turns out to be September 16th - marking the final date of the time period at hand.
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pllzzzzzzzzzzzzzzzzz
Answers
Answer:
liability risk
Explanation:
Answer:
liability risk is right opstion
The financial strength rating of an insurer offers consumers which of the following
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Answer:
They provide information that helps the public to determine whether companies will be able to meet their financial obligations. Stellar financial ratings indicate that a company is in an excellent position to meet all of its financial obligations.
How would the distribution of income change if social security were privatized
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Answer:
One of the debates surrounding the Social Security program is whether it should be privatized. With any policy decision, however, there are costs and benefits associated with changing the status quo. In this case, the status quo is the Social Security program in its current form. Privatizing would bring significant changes.
Explanation:
Describe the power relationship between Numi and its supply chain partners.
Answers
In any supply chain, power dynamics can vary depending on various factors, such as the size of the companies involved, the type of product or service being supplied and the degree of competition in the market.
What is a product?In economics, a product refers to good or service that is produced, marketed, and sold to satisfy customer's needs and wants. A product can be tangible, such as a physical item like a smartphone or a car, or intangible, such as a service like consulting or healthcare. The production of a product involves various stages, including design, development, manufacturing, and distribution. A successful product must fulfill the needs and wants of the target market, be competitive in terms of quality and price, and be marketed effectively to reach potential customers. In addition to meeting customer demands, a product must also comply with relevant regulations and standards to ensure safety, quality, and sustainability. Ultimately, the success of a product depends on its ability to generate revenue and profit for the company that produces it.
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PLC Ltd. found the following debts to be bad on the dates shown
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The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.
What is PLC?In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.
PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.
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Decisions made through alternative resolution techniques are binding and cannot be challenged through litigation.
True or False
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Decisions made through alternative resolution techniques are binding and cannot be challenged through litigation, is the false statement.
What is alternative resolution techniques?ADR brings together all methods and procedures for resolving disputes that take place independently of any governing body. Mediation, arbitration, conciliation, negotiation, and transaction are the most well-known ADR techniques.
The most common ADR method now used by agencies in employment-related conflicts is mediation. An approved impartial and neutral third person with no power of decision-making will mediate a conflict or negotiation.
Thus, it is the false statement.
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what settings on the washing machine that need to be checked when washing a load of laundry.
Answers
Answer:
Load Range/Size & Water Level/Heat
Explanation:
Consumers spend the least amount of time-consuming news delivered in which format?
A.television
B.print
C.digital
D.radio
Answers
Answer: A. television. and D. Radio.
3. Mr. and Mrs. Howard want to buy a home valued at $280,000. If they have 15% of this amount saved for a down payment, how much have they saved?
Answers
Answer:
they have 42,000 saved I hope I'm right
To begin, you must choose a topic for your conference. You may choose a topic for an academic conference based on your area of study, a professional or trade event focused on your career, or a fan conference celebrating a popular genre or piece of entertainment. Read through the resources in the Supporting Materials section to learn more about each of these types of conventions to help inform your choice.
Answers
If I were to choose a topic for a conference, I would lean towards an academic conference focused on a specific aspect of literature or literary theory.
This choice aligns with my passion for literature and my desire to engage in critical discussions surrounding it.
One possible topic could be "Exploring the Intersection of Identity and Literature." This conference would delve into how literature reflects and shapes individual and collective identities. It would encompass various themes such as gender, race, sexuality, nationality, and class, exploring how these factors influence the construction of characters and narratives. The conference would provide a platform for scholars, researchers, and students to present papers, exchange ideas, and engage in thought-provoking discussions.
This topic is relevant in today's diverse and multicultural society, allowing for exploration of how literature contributes to our understanding of identity, representation, and social dynamics. It would provide a platform to analyze both canonical and contemporary works, examining the ways in which authors navigate and challenge societal norms and conventions.
By organizing such a conference, attendees would have the opportunity to gain insights into the complex relationship between literature and identity, fostering a deeper appreciation for diverse voices and narratives. It would also serve as a platform for interdisciplinary dialogue, bringing together scholars from various disciplines, including literature, cultural studies, sociology, and psychology.
Overall, this conference would contribute to the ongoing discourse on identity and literature, fostering a deeper understanding of how literature reflects, critiques, and influences the construction of individual and collective identities.
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During Year 6, Kincaid, Inc. earned $85,000 of cash revenue. The company incurs all operating expenses on account. The Year 6 beginning balance in Kincaid's accounts payable account was $2,000, while the ending balance was $25,000. The Company made cash payments of $40,000 to reduce accounts payable during Year 6.a. Based on the information provided, determine the amount of operating expenses recognized during the accounting period.b. Based on the information provided, determine the amount of net income earned during the accounting period.c. Based on the information provided, determine the amount of cash flow from operating activities.
Answers
Answer:
a. Amount of operating expenses recognized during the accounting period = Account payable closing balance + Cash payment - Opening balance
= $25,000 + $40,000 - $2,000
= $63,000
b. Net income earned during the accounting period = Cash revenue - Amount of operating expenses recognized
= $85,000 - $63,000
= $22,000
C. Amount of cash flow from operating activities = Net income + Increase in current liability
= $22,000 + ($25,000 - $2,000)
= $45,000
why do many essential products that we use (e .g water) have relatively low prices, while other less essential products (e.g diamonds) command higher prices? Explain this paradox using marginal utility approach
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In a market economy, the cost of many necessities for human life is significantly lower than the cost of less necessary necessities.
What do you call necessities?
Anything you need in order to function correctly or complete an action is referred to as a need. Life cannot exist without water. Alternative Words: essential, need, need, necessary More necessary synonyms Countable noun You must use your revenue to purchase necessities, which are goods or services. Basic necessities include things like food, clothing, heat, shelter, and medical attention. something which is essential. For the beach, sunscreen is a must-have. food, clothing, and other essentials. It's important to get enough of sleep. Living close to work is essential for those without cars.
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What is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product?
Answers
Test marketing is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product.
What is the name of market research in science?A product or marketing campaign is made restrictedly accessible to test markets before being made widely available to measure consumer response. It's crucial to keep in mind that consumers of the product or target audience for the marketing initiative could unintentionally act as test subjects.
What are some sales forecasting test marketing techniques?Test-marketing analysis is regarded by many businesses as the most accurate way to predict future sales. It entails introducing a good or service to a certain target market or demography depending on your market segmentation. Organizations can then see how the product is received by customers and how it sells.
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Information related to Pharoah Company is presented below.
a. On April 5, purchased merchandise on account from Riverbed Company for $28,800, terms 3/10, net/30, FOB shipping point.
b. On April 6, paid freight costs of $900 on merchandise purchased from Riverbed.
c. On April 7, purchased equipment on account for $29,000.
d. On April 8, returned $3,400 of merchandise to Riverbed Company.
e. On April 15, paid the amount due to Riverbed Company in full.
Required:
Prepare the journal entries to record these transactions on the books of Kerber Co. under a perpetual inventory system.
Answers
Answer:
April 5
Dr Inventory $28,800
Cr Accounts Payable $28,800
April 6
Dr Inventory $900
Cr Cash $900
April 7
Dr Equipment $29,000
Cr Accounts Payable $29,000
April 8
Dr Accounts Payable $3,400
Cr Inventory credit $3,400
April 15
Dr Accounts Payable 25,400
Cr Cash 24,638
Cr Inventory 762
Explanation:
Preparation of the journal entries to record these transactions on the books of Kerber Co. under a perpetual inventory system
April 5
Dr Inventory $28,800
Cr Accounts Payable $28,800
April 6
Dr Inventory $900
Cr Cash $900
April 7
Dr Equipment $29,000
Cr Accounts Payable $29,000
April 8
Dr Accounts Payable $3,400
Cr Inventory credit $3,400
April 15
Dr Accounts Payable 25,400
($28,800 - 3,400)
Cr Cash 24,638
(25,400-762)
Cr Inventory 762
(25400 * 0.03 )
¿In two to three sentences, explain why it is important to have insurance.?
Answers
Answer:
Explanation:
Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.
The franchisor generally does NOT provide the franchisee with:
Answers
The Franchisor doesn't provide the franchisee with extensive financial help. Hence, the above statement is appropriate.
Who is a Franchisor?Franchisors are one of the most ultra-modern and new ways of marketing strategy which is being done for the business to prosper. Under this system, an owner of a business- that is the Franchisor lets other products by different individuals be sold under the banner of the Franchisor's Company.
The Franchisor in turn give the selling rights of the product under the Franchisor's brand name. This will give the person selling commodities, a potential loyal customer base of the Franchisor's Company.
The Franchisor will in turn earn more goodwill from the sale of those products and will also be earning some shares of the profit. The Franchisor doesn't provide extensive financial helps directly. But the sponsors of that Franchisor arrange for the finances. Hence, the above statement is proven.
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A for-profit institution that works with the general public to open and manage
savings accounts is known as a(n).
A. commercial bank
B. savings bank
C. credit union
D. investment bank
Answers
Answer:
B. savings bank
Explanation:
Savings bank is defined as a bank which helps customers or people to invest or deposit in interest giving accounts that will give a long term investment.
Savings bank were started in Europe in the 19th century. Saving banks gives interest on the deposit amount that is why its is a for-profit institution for general public. The interest saving banks give by investing in government and corporate debt.
Hence, the correct answer is "B. savings bank".
7 habits of stephen coveys sharpening the saw
what is something you'd work on improving if you had the time?
what is the best way to balance your brain? body? heart? soul?
what are some ways you can keep your sw sharp while in school and then also in your profession?
Answers
Take some time each day to reflect on how you can be better in all aspects of your life, Make sure to set aside time to exercise.
What is life ?Life is a journey that is unique to each individual. It is filled with highs and lows, successes and failures, joys and sorrows. Life is an opportunity to learn, grow, and experience new things. It is an adventure that can be filled with purpose and meaning, or filled with aimless wandering. Life is a funny thing - it can be taken for granted, but it is also precious and should be cherished.
Eating a healthy and balanced diet is essential for keeping your saw sharp, make sure to get enough sleep each night,reading helps to keep your mind sharp by exposing you to new ideas, make sure to set aside time to relax and unwind and staying connected.
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how can we measure uncertainty in environment
Answers
Answer:
The goal of this paper is to report the development of a multi-item measure of environmental uncertainty to be used in a variety of marketing contexts. This measure evaluates the uncertainty within six critical environmental sectors or components: supply environment, competitive environment, demand environment, financial/capital environment, labour environment and regulatory environment. Evidence for the reliability and validity of this operationalization of environmental uncertainty was provided by an empirical test conducted in the US lodging industry.
Which of these might be an example of an advertiser's target group?
Answers
The example of an advertiser's target group is B.people the advertisers know nothing about.
What is advertiser's target group?The target audience an be desribed as the specific group of consumers that is in the position whereby they are the most likely to want the product or service, ther is been advertised and they can be considered as the people who should see the ad campaigns.
Ity shouldbe noted that the Target audience can be seen by using the gender, income, location, as well as interests and age which could depend on the product that is been advertised to them them.
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missing options;
A.People who have no access to media
B.people the advertisers know nothing about
C. People who watch a variety of TV shows
D. People who live in the same region of the country
which one of the following is not an international governing body of a game /sports.
a)IAAF
b)VFI
c)FIH
d)FINA
Answers
VF I(Visual Field Index ) is not an international governing body of a game /sports.
What is a regular visual field index?The VFI can vary from 100% (normal visual field) to 0% (perimetrically blind field). The VFI is less sensitive than the MD to the effects of cataract or diffuse media opacities. VFI is intended for use in estimating rates of progression and staging glaucomatous functional injury.
What is an uncommon visual field test?A test that delivers visual field loss means that vision in some areas is not as sharp as normal. It could be just a small vision lost in a small area, or all vision lost in large spaces. The amount of vision lost and the areas involved are measured by the visual field test.
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Confronting negative feelings shows weakness.
Please select the best answer from the choices provided
T
F
Answers
Answer:
It's False!! :)
Explanation: Don't get it from the guy at the top he's wrong unfortunately
What does this part of the safety manual specifically indicate about workplace safety? Providing proper safety gear is a priority for this business. This company stresses the importance of using tools correctly. This company has set up regular inspection checks for all equipment. Employees receive training on the use of all equipment at this warehouse.
Answers
Answer:
b
Explanation:
Answer:
B. This company stresses the importance of using tools correctly.
Explanation:
Happy holidays! Right on ED2021, goodluck!
Summarize chaleff’s courageous followership? I need help!!
Answers
Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively.
Chaleff's courageous followership is a concept that highlights the significance of followers who possess the courage and willingness to actively engage in their roles and influence their leaders and organizations in a positive manner. It challenges the traditional notion that followers should simply obey and conform to their leaders without question.
According to Chaleff, courageous followership involves followers who are willing to speak up, take initiative, and provide constructive feedback to their leaders. These followers are not afraid to express their opinions, voice concerns, and offer alternative viewpoints, even when it goes against the prevailing norms or authority. They understand that their active participation is crucial for the success and growth of the organization.
Courageous followers also exhibit ethical behavior and take responsibility for their actions. They hold themselves accountable for their decisions and actions, aligning their behaviors with their values and the organization's values. They are willing to stand up against unethical practices and unethical leadership when necessary, with the aim of promoting integrity and ethical decision-making within the organization.
Chaleff's courageous followership promotes a collaborative and mutually beneficial relationship between leaders and followers. It encourages leaders to create an environment where followers feel safe and empowered to express their ideas and concerns. By fostering open communication and embracing diverse perspectives, leaders can tap into the full potential of their followers and create a culture of innovation and adaptability.
In summary, Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively. It advocates for a dynamic and collaborative relationship between leaders and followers, ultimately aiming to enhance organizational effectiveness, ethical decision-making, and overall success.
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Phil Nelson wants to retire in Hawaii when he is 66 years old. Phil is
now 48. He believes he will need $350,000 to retire comfortably. To
date, Phil has set aside no retirement money. Assume Phil could
invest at 5% compounded semiannually. How much must Phil invest
today to meet his $350,000 goal?
Answers
Answer:
$60,449
Explanation:
To find the answer, we use the following formula:
FV = PV (1 + i)^n
Where:
FV = Future value (in this case, the $350,000 Phill believes he will need).
PV = Present value (the value we will find).
i = interest rate
n = number of compounding periods (36 periods in this case, because Phill will save for 18 years, and the interest rate compounds semiannually, so 18 x 2 = 36)
Now, we plug the amounts into the formula:
350,000 = PV (1 + 0.05)^36
350,000 = PV (5.79)
350,000 / 5.79 = PV
60,449 = PV
Thus, Phill ll need to invest $60,449 today, to meet his $350,000 goal.
An organization that provides goods and services while seeking to operate at a profit is atn)
(Enter one word in the blank)
Answers
The organization where the goods & services should be operated for profit is known as the business.
The following information related to the business is:
It is an organization or the company where the entity should be engaged in commercial activities, industrial activities, etcIt is the efforts & activities of an individual or the company that generated the production and sale of the goods and services for the profit purpose.Therefore we can conclude that The organization where the goods & services should be operated for profit is known as the business.
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Concentration ratios measure the Group of answer choices geographic location of the largest corporations in each industry. degree to which product price exceeds marginal cost in various industries. percentage of total industry sales accounted for by the largest firms in the industry. number of firms in an industry.
Answers
Answer:
percentage of total industry sales accounted for by the largest firms in the industry.
Explanation:
The concentration ratio calculated the market share percentage for an industry and the same is held by the larger firms inside the industry. Also it determined the total output that could be generated from the number of firms in the industry
Therefore as per the given options, the above options should be considered correct
6. Comparative advantage is when A. B. C. D.
A. one person can produce more of a good than another person.
B. one person can produce a good at a lower opportunity cost than another person.
C. Two parties can complete a task equally well.
D. one person can produce a good at a higher opportunity cost than another person.
Answers
B. one person can produce a good at a lower opportunity cost than another person.
Comparative advantage is a concept in economics that refers to the ability of a person, firm, or country to produce a good or service at a lower opportunity cost than another. Opportunity cost is the cost of forgoing an alternative opportunity in order to pursue a particular action. Hence, the correct option will be B: one person can produce a good at a lower opportunity cost than another person.
For example, let's say Person A can produce 10 units of product X or 5 units of product Y in one hour, while Person B can produce 8 units of product X or 4 units of product Y in one hour. Person A has an absolute advantage in producing both X and Y, as they can produce more of each product than Person B. However, Person B has a comparative advantage in producing product Y, as they can produce it at a lower opportunity cost than Person A, since they have to give up less of their production of product X to produce product Y.
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Ms. Parker would like to have $99.000 buy a new car in 8 yearsTo accumulate $99,000 in years, how much should she invest monthly in a sinking tund with 3% Interest compounded monthly?
Answers
Answer:
$1,161.23
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $99,000
Future value or Face value = $0
RATE = 3% ÷ 12 months = 0.25
NPER = 8 years × 12 months = 96 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $1,161.23
