A trade surplus is C) the result of exporting more goods than it imports
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Answer:
<u>86 payments approximately</u>
<em>Explanation</em>:
<u>First</u>;
Find the monthly average interest rate,
=7%/12
=0.0058333333
<u>Second</u>;
Add the monthly average interest rate to the monthly payment
= $175 + 0.0058333333
= $175.00583333 (average total monthly balance)
<u>Third</u>;
Divide final account balance by the average total monthly balance
= 15,000 / 175.00583333
=85.71 payments.
Answer:
Accounting profit = $50
Economic profit = $10
Explanation:
Accounting profit = Revenue - Explicit cost
$60 - $10 = $50
Economic profit = Accounting profit - Opportunity cost
$50 - $40 = $10
I hope my answer helps you
Answer:
So, from a short-run perspective, so long as the sale does not affect other output prices or normal sales volume, a "below cost" sale may result in a net increase in income so long as the revenues cover the differential costs.
However, in the long run all costs must be covered or management would not reinvest in the same type of assets.
If the company must continually sell below the full cost of production then it will most likely get out of that particular business when it comes time to replace those facilities.
Answer:
I would Like to receive $100 in one month rather in two months.
I would like to take to take dinner in one month rather in two months.
Explanation:
Time value of money money describes that the amount now in hand is worth more rather having it after some time. All the money have potential earning capacity and it earn with the passage of time as time gone the earning will also lost. That is why it is better to receive money in one month rather in two months and have dinner in one month rather in two months.
