Answer:
Accounting profit is the difference between total revenue and accounting cost in which the accounting cost is containing only the explicit cost incurred. Economic profit is the difference between total revenue and total opportunity cost, the latter containing both the explicit cost and the implicit cost incurred.
Accounting profit = revenue - explicit cost
Accounting profit = 125,000 - (10000 + 20000)
Accounting profit = 95,000
Economic profit = accounting profit - implicit cost
Economic profit = 95,000 - (75000 + 5000)
Economic profit = 15,000
This implies that while accounting profit does not undertake implicit cost of economic activity (cost for which no explicit payment is made separately), economic profit does deduct them. Now economic profit is positive, Jolene should open Little Barks.
Answer:
Initial Velocity= 49 m/s
Time period= 5 secs
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
A rocket shoots up 123 meters. What is it initial velocity?How long is it ascending
The initial velocity can be calculated using the expression below
u= √( 2gh)
Where g= Acceleration due to gravity= 98 m/s^2
h= height
Substitute the values we have
u = √(2*9.8*123)
u=√( 2410.8)
u = 49 m/s
the time period can be calculated as
(49/9.8)
= 5 sec
Hence time period is 5 secs
Answer:
net pension expense (or revenue) under U.S.GAAP is $600
Explanation:
the past service cost included in the 2013 net pension expense ( or revenue) under U.S. GAAP is calculated below;
past service cost = { ( <u>increase PSC for vested employees</u>)
(remaining working life of vested employees)
+
{(<u> increase PSC for non-vested employee)</u>}
( remaining working life of non- vested employees)
past service cost = { $5000/10years) + ( $ 2000/20years)
past service cost = $500 + $100
past service cost =$600
Therefore the past service cost included in the 2013 net pension expense (or revenue) under U.S.GAAP is $600
Answer:
Collaterised Debt Obligations (CDO)
Explanation:
Collaterised Debt Obligations is an asset backed commercial paper that has been packaged by banks for sale in the secondary market.
Commercial banks give out loans to businesses and other customer. They may repackage these loans into products to be sold to other investors different from those they originally gave the loans to initially.
Recall that commercial banks act as intermediaries between providers of money and the users of money. The CDO is another way to get liquidity.
Answer:
Explanation:
Date Account title and Explanation Debit Credit
1st july-14 Notes receivable $1,393,591
Discount on notes receivable ($1,393,591 - S600,100 - $317,900) $475,591
Land $600,100
Gain on disposal of land ` ($918,000 - $600,100) $317,900 ` (To record sale of land)
1-Jul-14
Notes receivable $404,300
Service revenue $404,300
` (to record service revenue)
