Answer:
a. $10,000; -$20,000
Explanation:
Accounting profit is total revenue less total cost.
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Total cost = $30,000 + $80,000 + $20,000 = $130,000
Accounting profit = $140,000 - $130,000 = $10,000
If Bessie didn't start her farm, she would be working as a teacher. thus, her opportunity cost is what she would have been earning as a teacher which is $30,000.
Her economic profit = $10,000 - $30,000 = $-20,000
I hope my answer helps you
B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.
Answer:
The result of K's inaction causes an increase in the outstanding loan by $50
Explanation:
Step 1: Determine the interest amount
The interest amount can be determined as follows;
I=PRT
where;
I=interest amount
P=principal amount
R=annual interest rate
T=time
In our case;
I=unknown
P=$1,000
R=5%=5/100=0.05
T=1 year
replacing;
I=1,000×0.05×1=$50
Step 2: Determine the total loan amount
This can be expressed as;
A=P+I
where;
A=total loan amount
P=principal amount
I=interest amount
In our case;
A=unknown
P=$1,000
I=$50
replacing;
A=1,000+50=1,050
The loan amount due after a year=$1,050
The result of K's inaction causes an increase in the outstanding loan by $50
If K does not pay the loan interest on their whole life policy, the loan interest is added to the loan balance, meaning the debt increases over time. This can eventually reduce the death benefit if not repaid in a suitable time frame.
The subject of your question is in the context of insurance policy loans. If K has a $10,000 traditional whole life policy and borrowed $1,000 from the policy without repaying the loan interest at the end of the year, the 5% interest charge would compound onto the existing loan. As a result, the loan balance would increase. In specific terms, the new loan balance would be $1,050 ($1,000 original loan plus $50 interest). If this is not repaid, yearly interest will be calculated on this increased balance, leading to a further increase in the debt. This could eventually reduce the death benefit if the loan is still outstanding at the time of K's death.
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i would go to the first picture it seems like a good day for a swim and have fun with famliy there but the seconed one looks very pretty ^^
Answer:
The economic order quantity (EOQ) is used to minimize purchase costs and carrying costs (inventory costs) in a company. If Jones cannot purchase enough goods to meet the EOQ, its carrying costs will probably be a little lower, but its purchasing costs will be much higher, resulting in a net increase in costs.