Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant.

Q: Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company…

A: Total fixed costs are the total obligations of the firm per time period for all fixed inputs. Total…

Q: A large restaurant business in the USA (hundreds of locations in several states) that is considering…

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Q: Nick received a $50,000 bank loan in order to expand and remodel his restaurant. Which of the…

A: Loan refers to the sum of money that a person or firm takes from a bank or from any lender for…

Q: Employee Satisfaction SegiTech is a Malaysian technology company headquartered in Shah Alam,…

A: An organization is a platform for individuals where they interact and serve their services to…

Q: Calculate the value of output if sales are $13000 million and change in stock is $8800

A: The information being given is:- Sales = $13,000 million Change in stock = $8800 million We have to…

Q: you have been working as a manager of a fashion store. You saved 50,000 and you decided to use the…

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Q: During a year of operation, a firm collects $450,000 in revenue and spends $100,000 on labor…

A: It is given that,Firms’ Revenue = $450, 000Firms’ Explicit Cost (Expense on labor, raw material,…

Q: You have been working as a manager of fashion store. During your work you have saved $50,000. You…

A: Explicit costs are the actual out of the pocket expenditures of the firm to purchase or hire the…

Q: You purchased a piece of property at $450,000 six years ago. You can sell theproperty at $650,000.…

A: The annual rate of return can be calculated by using the formula given below:

Q: How the actual transfer price used does not affect the overall profitability of the company but does…

A: The amount paid for products or services exchanged from one unit of an organisation to some of its…

Q: What is the difference between economic costs and accounting costs? Explain it in your own words and…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: Stark Industries' accounting profit for the year ended 31 December 2012 amounted to $3,130 million.…

A: Economic profit refers to the surplus value that a producer earns in addition to the normal level of…

Q: Nick is considering quitting his current job as an electrician and following his lifelong dream of…

A: As wants and desires of the individuals are unlimited but the resources possessed by the economy to…

Q: Mary is an accountant and having an annual income of $400,000. She plans to open a bookstore and…

A: Economic profit refers to the difference of the total revenue and the total economic cost. The total…

Q: Red Owl Stores told the Hoffman family that, upon the payment of approximately $518,000, a grocery…

A: ROS which is a grocery store would be held to its promises to the HM family according to the theory…

Q: A firm is considering an investment that will earn a 6% rate of return. If it were to borrow the…

A: Let’s assume that the money needed to invest is $100.Rate of return is 6%.Now, suppose the borrowing…

Q: Prepare an organizational chart of your own engineering firm showing line and staff relationships.…

A: The objective of an "org chart" or organization chart is a chart that shows a relationship or…

Q: You have been working as a manager of fashion store. During your work you have saved $50,000. You…

A: Explicit cost = utility + salary of clerk + material = 8000 + 20000 + 50000 = 78000 implicit cost =…

Q: Imagine yourself to be the owner of a large tract of agricultural land. You want the land to be…

A: Fixed rent contract In fixed rent contract , landlord charges fix sum of money, per year or per…

Q: SegiTech is a Malaysian technology company headquartered in Shah Alam, Selangor. The company…

A: Employee satisfaction is one of the factors that can help increasing overall productivity at the…

Q: For a typical demand curve for apples, the horizontal axis shows the amount of apples consumers…

A: Answer -

Q: If a person owns a house that is worth 450,000 in city A, what would the same house cost in city E…

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Q: The "Core Business" means the products and markets that a firm dealt with at the time of start-up.…

A: The "Core business" means the product and markets and markets that a firm dealt with at the time of…

Q: Alex Kingsford is a mechanical engineer working for ABC Engineering in Melbourne. Alex owns a…

A: Alex Kingsford is managing his home-based catering business and is also employed in ABC engineering…

Q: Suppose you own a cupcake bakery. Your revenue is $400/day and your operating costs are $100/day. If…

A: Implicit cost is the foregone income that could have been earned if resources were invested…

Q: The blue line on the following graph shows a firm's daily costs for the first 90 days of the fiscal…

A: Introduction :- Given :-  A graph showing firms daily cost.The expenses of the firm are given on y…

Q: Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per…

A: Accounting profit does not take into account the opportunity cost. Accounting Profit = Total Revenue…

Q: How would an increase in inflation rate affect the market price of ABC company?

A: The reduction in the currency’s purchasing power is considered inflation. Theoretical estimation of…

Q: Which best describes due diligence?     Having a standby amount of cash to open the restaurant.…

A: Due diligence is a process that involves doing an investigation, audit, or review to verify facts or…

Q: What are the variable costs? (show below) What are the fixed costs? (show below) Which one is a…

A: The expenditure incurred by a producer on acquiring the factors of production is referred to as the…

Q: From the scenario above, what are the factors that you think affect employees’ job satisfaction in…

A: Satisfaction from a job is a perception of employees regarding their work and their feeling for…

Q: You are thinking about opening a business. If you do, you will have to leave your current job, which…

A:

Q: Consider yourself an owner/manager of a food franchise business. In what situation or circumstances,…

A: Capital budgeting entails selecting projects that increase a company's worth. The capital budgeting…

Q: You are the CFO of a firm that sells and produces phones. Your firm is currently selling 1000 phones…

A: Producer always produce the product when he earn some profit on them or revenue is more than its…

Q: You are the chief financial officer for a firm that sells digital music players. Your firm has the…

A: Average total cost (ATC) is the per unit cost, which is calculated by dividing the total cost of…

Q: I asked this question it was not answered and I was charged please issue me a refund and answer this…

A: The explicit cost is the general and direct payments that are made to the others in the course of…

Q: Why would a new oil refinery have difficulty competing successfully with large oil refiners such as…

A: Oil refinery refers to the process of obtaining oil from mining or other source of oil.

Q: Harwell Township has two corporations, and a family-owned business, Fiona's Farm. Carl's Conveyors…

A: National income is the aggregate sum of pay gathering to a country from monetary exercises in a…

Q: Does the company have flat earnings or are they on a consistent upwardtrend with good margins?

A: The nature of earnings of a company mainly depends on the quality of the product and the nature of…

Q: Thomas, a highly successful manager, quit his job in a large retail store so that he could start his…

A: The key motive that drives the firms in a market is profit. Profit is calculated by subtracting…

Q: After months of insufficient recognition (and 2 years without a raise), you accept an offer from…

A: When an employee on resigning from his present company is persuaded by an employer to keep working…

Q: Sandra lives in Melbourne and runs a business that sells guitars. In an average year, she receives…

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Q: Imagine Tom's annual salary as an assistant store manager is $30,000, he owns a building that rents…

A: Opportunity cost of a firm in using any input is what the input could earn in its best alternative…

Q: Ben Hunt operated a farm under the name of S.B.H. Farms.  Hunt went to Mollary Bank and Trust and…

A: An indifference curve is a graphical representation of different combinations of two commodities…

Q: Josh and Alex work as design engineers creating high‑end lighting fixtures. After one particularly…

A: Implicit cost is the amount which is paid already but are not displayed in the books. It is…

Q: Susan Jones has a job as a pharmacist earning $45,000 per year, and she is deciding whether to take…

A: Economic value added, often abbreviated as economic profit, is a way of quantifying the…