Business, 26.11.2019 05:31, Richelleypinelley
An individual leaves a college faculty, where she was earning $70,000 a year, to begin a new venture. she invests her savings of $42,000, which were earning 7 percent annually. she then spends $25,000 renting office equipment, hires two students at $18,000 a year each, rents office space for $9,000, and has other variable expenses of $40,000. at the end of the year, her revenues are $200,000. her accounting profit is
her economic profit is
Answers: 1
Business, 22.06.2019 09:00, nicoleaaliyah
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
Answers: 1
Business, 22.06.2019 21:30, dondre54
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
Business, 22.06.2019 21:30, lee1677
Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.
Answers: 1
An individual leaves a college faculty, where she was earning $70,000 a year, to begin a new venture...
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