Business, 16.04.2020 17:12 megamorph

Jill took $50,000 that she had in savings and started her own business. If left in investments she would have earned $5,000 this year. Jill also left a job that paid her 60,000 a year and plans on paying herself $40,000. Materials and other labor costs will be $70,000. The company is located in a building that Jill owns. She could have rented the building out for $30,000 but plans on charging the company only the insurance and mortgage payment of $20,000. What do the accounting and economic costs?equal?

A. Accounting costs? = ?160,000?; Economic costs? = $240,000
B. Accounting costs? = ?$130,000?; Economic costs? = ?$130,000
C. Accounting costs? = ?$60,000?; Economic costs? = ?$90,000
D. Accounting costs? = ?$130,000?; Economic costs? = ?$165,000
E. Accounting costs? = ?$110,000?; Economic costs? = ?$200,000

Assume that the supply of land is perfectly inelastic as shown in the diagram below. The demand for land has shifted from D1 to D2. What is the total value for economic rent after the change in? demand?

A. P2
B. P2 × Q.
C. P1 × Q.
D. P2 ? P1

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:40

Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5

Answers: 1

Answer

Business, 22.06.2019 15:00

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Answers: 2

Answer

Business, 22.06.2019 18:00

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?

Answers: 2

Answer

Business, 23.06.2019 01:30

Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.

Answers: 2

Answer

You know the right answer?

Jill took $50,000 that she had in savings and started her own business. If left in investments she w...

Questions