Answer:
D
Explanation:
Activity based costing (ABC) is a costing system that uses production activities as basis for cost allocation.All the activities related to production are identified and the cost of each activity are assigned to manufactured goods in the proportion of respective activities consumed.
It entails tracing cost to activities and activities to product.
The first step in developing this model is identifying primary activities and estimate a total cost pool for each.
Answer:
Yen depreciated its value against US$
Explanation:
The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.
b. $70,000
c. $200,000
d. $0.
Answer:
b. $70,000
Explanation:
Economic profit is the difference between the total revenue received by a business and the total implicit and explicit costs of a firm.
Economic profit = Total revenue - (Implicit costs + Explicit costs)
Economic profit = $400,000 - $200,000 - $130,000 = $70000
Therefore Lashondra's economic profit is equal to $70000.
Answer:
b. $70,000
Explanation:
Let's assume she took the offer of $130000
Her explicit costs were $200,000
Profit = cost - revenue
Profit = 200000 - 130000
Profit = $70,000
B.) capital
C.) additional owners investments
D.) owners withdrawals
Answer:
money
money
price
unit of account
store of value
medium of exchange, unit of account, store of value
currency
it does not consume after a single-use it last through time
portability: it can be carry over at small cost it do not has to be carry in greater bulks
divisibility: it can be split into pieces (half a pound, quarter etc)
uniformity: means a pound of gold has not diffenciation of other pounds of gold
limited supply: it cannot be abundant as people would not accept as a medium of exchange as it can be obtained easily
acceptability: people trade real good and services for money as they recognize value on them
commodity money will be salt, gold, silver, tabacco whihc, historically has been used as money
representative money: the money represent or it is backed-up with a commodity or precious metal (US dollar before 1972)
fiat money will be papper money as it doesn't have an intrinsic value It comes from trust in the government that issues the money.
continentals is the papper money issued by the congress during the war for independence
Types of commodity money: gold, silver, tabacco, salt
Explanation:
Answer:
37.02%
Explanation:
we need to calculate r in the following equation: FV = PV (1 + r)ⁿ
$600,000 = $10,000 (1 + r)¹³
$600,000 / $10,000 = (1 + r)¹³
60 = (1 + r)¹³
¹³√60 = 1 + r
1.3702 = 1 + r
r = 1.3702 - 1 = 0.3702 or 37.02%
*to determine ¹³√60 in a non-scientific calculator, find 60∧(1/13). Determine 1/13 first, add to the calculator's memory, then 60∧MR (memory recovery)
The annual compounded interest rate that represents a growth from $10,000 to $600,000 over 13 years is approximately 37.49% when rounded to two decimal places.
To find the annual compounded interest rate, we can use the formula for compound interest, which is A = P(1 + r)n, where A is the amount of money accumulated after n years, including interest, P is the principal amount, r is the annual interest rate (as a decimal), and n is the number of years the money is invested. In this case, the final amount A is $600,000, the principal amount P is $10,000, and the number of years n is 13.
The equation can be rearranged to solve for r:
600,000 = 10,000(1 + r)13
(1 + r)13 = 600,000 / 10,000
(1 + r)13 = 60
Now, we take the 13th root of 60 to find (1 + r), and then subtract 1 to find the rate:
1 + r = 601/13
r = 601/13 - 1
Using a calculator, we find that r ≈ 0.3749 or 37.49% when rounded to two decimal places.
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