A company issued 7%, 15-year bonds with a par value of $510,000 that pay interest semiannually. The market rate on the date of issuance was 7%. The journal entry to record each semiannual interest payment is: ________
a) Debit Bond Interest Expense $17,850, credit Cash $17,850
b) Debit Bond Interest Expense $35,700: credit Cash $35,700
c) Debit Bond Interest Payable $34,000, credit Cash $34,000.

Answers

Answer 1

Answer: A. Debit Bond Interest Expense $17,850, credit Cash $17,850

Explanation:

Since the company issued 7%, 15-year bonds with a par value of $510,000 that pay interest semiannually with a market rate of 7%, then the journal entry to record each semiannual interest payment will be:

Debit Bond Interest Expense $17,850

Credit Cash $17,850

(To record semi annual interest payment)

Note that bond interest expense was calculated as:

= $510,000 × 7% × 6/12

= $510,000 × 0.07 × 0.5

= $17850


Related Questions

Marginal revenue product can be calculated using the formula marginal product × output price Group of answer choices only if the marginal product of labor is constant. only if output price is constant. only if the both marginal product of labor and the output price are constant. only if the firm has market power in the labor market

Answers

Answer:

only if output price is constant.

Explanation:

Marginal revenue can be defined as the amount of money (revenue) generated from the sales of an additional unit of a product.

Marginal revenue product can be calculated using the formula; (marginal product × output price), only if output price is constant i.e the amount of money charged by a seller remains the same.

Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $124 for the dress:

Store (Minutes) Travel Time Each Way Price of a Skirt (Dollars per skirt)
Local Department Store 15 102
Across Town 30 85
Neighboring City 60 76

Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops. Juanita will minimize the cost of the suit if she buys it from the:______. .

Answers

Answer:

Neigboring city

Explanation:

Nissan has flexible agreements with its suppliers and transporters to accommodate unexpected surges in demand without disruptions in service or in customer satisfaction. This is an example of the _______ process.

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Product development and commeercialization.

b) Supplier-relationship management.

c) manufacturing flow management.

d) Returns management.

The correct answer is the option B: Supplier-relationship management.

Explanation:

To begin with, in the business management field the concept known as "Supplier-relationship management" refers to the system used by the managers of a company with the purpose of improving the relationships specifically with the suppliers of it, therefore that it seeks for the better arrengements with them and how to develop better strategic ways of improving both parties benefits in their contracts. That is why that the SRM is focus on maximizing the value of the interactions between the company and its suppliers so therefore that the case presented by Nissan is related to the process of using an excellent SRM.

If the U.S. economy is producing at a level that is substantially less than potential GDP and the government's budget deficits are increasing aggregate demand, then ____________________________ is not much of a danger.

Answers

Answer:

an inflationary increase in the price level.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country.

In order to boost economic growth, a monetary policy is implemented to increase money supply (liquidity). Also, it is used to prevent inflation by reducing money supply.

An inflationary gap, also referred to as an expansionary gap in economics, is typically used for measuring the difference between the gross domestic product (GDP) and the current level of Real Gross Domestic Products that exists when a country's economy is gauged at a full employment rate. Consequently, this situation causes the price of goods and services to go up with a low income level among the people living in the country.

A budget deficit is the amount by which spending exceeds income.

All other factors held constant or all things being equal (ceteris paribus), an increase in government's budget deficit drives the interest rate up.

Generally, when there's a deficit in government budget, they resort to issuing more bonds or borrowing money from creditors. These creditors are likely to be sceptical about the government's ability to repay the debt and as such would increase the interest rate.

Hence, an inflationary increase in the price level of goods and services is not much of a danger if the U.S. economy is producing at a level that is substantially less than potential gross domestic product (GDP) and the aggregate demand is being increased by government's budget deficits.

_____ stock is the number of shares that a corporation's charter allows it to sell. The number of these shares usually exceeds the number of shares issued (and outstanding), often by a large amount.

Answers

An authorized stock is the number of shares that a corporation's charter allows to sell.

Authorized stock is the legal number or limit of shares that a company allows or authorizes to be sold or put in the market. This factor of policy is applicable as per the charter that the corporation allows or is legally viable to provide.

In the issue of sharing shares of a company, an organization can allow only a certain limit of shares that can be sold. This limit is the number of shares that a corporation can issue to its shareholders or investors.This stock is different from issued stock which refers to the actual number of stocks that the company has sold.Rather, authorized stock is the amount of shares that can be sold by the company and being provided in the market to be bought by shareholders or investors.

Thus, we can conclude that whatever limit a corporation allows or provides to be sold is the authorized stock. And it is only this number of shares that can be issued or given to a shareholder to buy.

Learn more about authorized stock here:

brainly.com/question/7868920

is solicitation with the promise of reward is the highest level of sexual harassment

Answers

Answer:

false

Explanation:

false. XxXXXXXXZXXXXX

Test the following sentences to see if headwords and verbs agree:

a. The statement on the income tax form about deduction for children and other dependents were simply unreadable.
b. The type of career that many graduates are hoping to pursue pay high salaries and provide long vacations.
c. Apparently, the use of robots in factories have been responsible for a great deal of worker dissatisfaction.
d. The problems associated with government deregulation have been responsible for the economic plight of several major airlines in recent years.
e. The impact of computers on our lives is comparable to the impact of the industrial revolution.
f. The amount of money and time I spend on computer games is more that I can afford.

Answers

Answer:

a). The statement on the income tax form about the deduction for children and other dependents was simply unreadable.

b). The type of career that many graduates are hoping to pursue pay high salaries and provide long vacations.

c). Apparently, the use of robots in factories has been responsible for a great deal of worker dissatisfaction.

d). The problems associated with government deregulation have been responsible for the economic plight of several major airlines in recent years.

e). The impact of computers on our lives is comparable to the impact of the industrial revolution.

f). The amount of money and time I spend on computer games is more than I can afford.

Explanation:

Subject-verb agreement is described as the grammatical rule according to which the subject, as well as, the verb must agree with one another in number. As per the rules, if the subject(noun or noun phrase) is singular, it will take a singular verb while if the subject is plural(noun or noun phrase), it will carry a plural verb.

According to this rule, the first and third sentence fails to follow this agreement. The first sentence inadequately carries a plural verb 'were' with the singular noun ('The statement') and similarly, the third sentence wrongly employs plural verb 'have' with the singular noun 'the use.' The other sentences are grammatically appropriate as the verbs and noun phrases agree in number.

Angel Toys is a producer of tiny dolls for children. Following is information about its revenue and cost structure: Assume that the current sales level is 14,000 dolls. What impact would a 10% increase in sales have on income

Answers

Answer: D. Income would increase by about 51%

Explanation:

Income before sales increase:

= Sales - Variable costs - Fixed costs

= (8 * 14,000 units) - ( (1.20 + 0.40) * 14,000 units) - (40,000 + 32,000)

= 112,000 - 22,400 - 72,000

= $17,600

Income after sales increase:

New sales = 14,000 * (1 + 10%) = 15,400 units

= (8 * 15,400) - ( (1.20 + 0.40) * 15,400) - (40,000 + 32,000)

= $26,560

Percentage increase:

= (26,560 - 17,600) / 17,600

= 50.9%

= 51%

Classical economists believed that: _________
a) budget deficits and surpluses were necessary for the control of economic fluctuations.
b) market economies are inherently unstable because of fluctuating aggregate demand.
c) market economies suffer prolonged periods of recessions and depressions.
d) price flexibility automatically directs market economies to full employment

Answers

Answer:

the answer is D

Explanation:

Wood used in the production of furniture. select a type of costs 2. Fuel used in delivery trucks. select a type of costs 3. Straight-line depreciation on factory building. select a type of costs 4. Screws used in the production of furniture. select a type of costs 5. Sales staff salaries. select a type of costs 6. Sales commissions. select a type of costs 7. Property taxes. select a type of costs 8. Insurance on buildings. select a type of costs 9. Hourly wages of fur

Answers

Answer:

Variable costs change with the volume of production.

Fixed costs remain constant for a certain level of production.

Mixed costs have an element of both in that they are constant but will change if a certain level of production is passed.

1. Wood used in production of furniture ⇒ Variable cost

2. Fuel used in delivery trucks  ⇒ Variable cost

3. Straight-line depreciation on factory building  ⇒ Fixed cost

4.Screws used in production of furniture ⇒ Variable cost

5. Sales staff salaries ⇒ Fixed cost

6. Sales commissions ⇒ Variable cost

7. Property taxes ⇒ Fixed cost

8. Insurance on buildings ⇒ Fixed cost

9. Hourly wages of furniture craftsmen ⇒ Variable cost

Please describe an effective leadership style

Answers

Business leaders can improve employee engagement and satisfaction, stimulate creativity and productivity, and ultimately accomplish the aims and objectives of the organization by using a transformational leadership style.

What is transformational leadership style?

A leadership style known as transformational leadership focuses on inspiring and encouraging followers to produce amazing achievements that go above and beyond what they had anticipated. By establishing a vision and uniting people around it, it is a leadership strategy that aims to transform both people and organizations. The skill of inspiring and motivating others to accomplish at their highest level and realize their full potential is a trait of transformational leaders.

Transformational leaders are able to express their compelling future vision in a way that inspires and motivates others. They are endowed with charisma and the capacity to enthrall and sway their audience.

Setting high standards and pushing their followers to go beyond their own boundaries are two ways that transformational leaders inspire and encourage their followers.

Learn more on effective leadership here https://brainly.com/question/12522775

#SPJ1

The complete question is:

Please describe an effective leadership style in a business

Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $19,000 and that for the pulley system is $20,000. The firm's cost of capital is 12%. After-tax cash flows, including depreciation, are as follows:

Year Truck Pulley
1 $5,100 $7,500
2 5,100 7,500
3 5,100 7,500
4 5,100 7,500
5 5,100 7,500

Required:
a. Calculate the IRR for each project.
b. What is the correct accept/reject decision for this project?
c. Calculate the NPV for each project. Round your answers to the nearest dollar, if necessary.
d. What is the correct accept/reject decision for this project?

Answers

Answer:

Find attached excel file

Explanation:

The internal rate of return is the discount rate at which the present value of future cash flows is the same as the initial investment outlay, which can be determined using excel the IRR function shown below:

=IRR(values)

values are the cash flows from initial investment outlay up until the cash inflow in year 5.

The net present value is the present value of future cash flows discounted at the firm's cost of capital minus the initial investment outlay

CompuGlobal is an American firm producing computers. CompuGlobal imports computer components from Taiwan and assembles them domestically. Suppose that in the United States, a computer sells for $800 and that 60% of the computer’s value comes from the value of the imported components. The United States imposes a 50% tariff on computers and a 10% tariff on the computer’s components. Assume that costs of producing components are the same in the United States and Taiwan and that transit costs are nonexistent. Based on the information provided, the effective rate of protection that CompuGlobal receives from the tariff is

Answers

Answer: 110%

Explanation:

The effective rate of protection is used in measuring the final tariff in a particular sector and it's expressed as:

g = (t -ai,ti) / (1 - ai)

where,

g = effective protection rate

ai = nominal tariff rate = 0.6

t = cost of intermediate input = 0.5

ti = nominal tariff on intermediate input = 0.1

The computer price here is $800 while the input price is 60% of $800 which will be:

= 60% × $800 = $480

nominal tariff rate = 480/800 = 0.6

Nominal tariff on final goods, t = 50% = 0.5

Tariff on imported input, ti = 10% = 0.1

Using the formula:

g = (t -ai,ti) / (1 - ai)

g = [0.5 - (0.6×0.1)] / (1 - 0.6)

g = (0.5 - 0.06) / 0.4

g = 0.44/.0.4

g = 1.10

g = 110%

The effective rate of protection is 110%

This year, Herb Partnership generated $740,000 ordinary business income. Herb has two equal partners: Savory LLC and Sweet Corp., an S corporation. Savory LLC has three members: Mr. Parsley, an individual who owns a 40 percent interest; Mrs. Rosemary, an individual who owns a 35 percent interest; and Sage Inc., a C Corporation which owns a 25 percent interest. Sweet Corp. has 100 shares of outstanding stock, all of which are owned by Ms. Mint, an individual.

Required:
Identify the taxpayers who must pay tax on the partnership income, and determine how much income must be reported by each.

Answers

No equivalent fraction of the equation is instructions to follow and analyze the diagram below the complete 5509 50 507MLG equals 43.6%, MLI equals 46.4%, GH equals $35.81 calls equals style equation to the 4396 equals I’m

WHAT ARE THE NEW LINKEDIN LIMITS?

Answers

Answer:

100 invites per week.

The new invite limits have been introduced by LinkedIn according to which you can’t send more than 100 invites per week. When you have reached the limit, a notification will pop up saying you’ve reached weekly limits.

You can’t do anything about it until the new week starts and the weekly limit resets.

o What’s the Difference Between Non-Formal and Informal Learning

Answers

Answer:

I hope this will help you

Budgeted overhead for Cinnabar Industries at normal capacity of 30,000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May, $310,000 of overhead was incurred in working 31,500 hours when 32,000 standard hours were allowed. The overhead volume variance is Group of answer choices $10,000 favorable. $11,000 favorable. $5,000 favorable. $8,000 favorable.

Answers

Answer:

Manufacturing overhead volume variance= $5,000 favorable

Explanation:

Giving the following information:

Estimated overhead allocation rate= 4 + 6= $10 per direct labor hour

Actual number of hours= 31,500

Standard hours were allowed= 32,000

To calculate the overhead volume variance, we need to use the following formula:

Manufacturing overhead volume variance= (Estimated manufacturing overhead rate*standard allocation base) - (Estimated manufacturing overhead rate* Actual amount of allocation base)

Manufacturing overhead volume variance= (10*32,000) - (10*31,500)

Manufacturing overhead volume variance= $5,000 favorable

Under IFRS, when a lessee recognizes a balance sheet asset and liability for a new lease: the asset and liability are equal. the asset is typically greater than the liability. the liability is typically greater than the asset.

Answers

Answer:

the asset and liability are equal.

Explanation:

IFRS 16 lease and IAS 17 deals in important changes where the lease transactions are reported in the lessee financial statement

In this the assets and liabilities that are occured from the lease should be initially determined on the present value basis

Also the assets and liability are equivalent to each other

Therefore the first option is correct

What is the loan amount if the interest rate is 7.5% per year and the monthly interest payment is $1,250?

Answers

Answer:

The amount of the loan was $ 13,953.48.

Explanation:

To determine what is the loan amount if the interest rate is 7.5% per year and the monthly interest payment is $ 1,250, the following calculation must be performed:

1250 x 12 = 15,000

1,075X = 15,000

X = 15,000 / 1,075

X = 13,953.48

Therefore, the amount of the loan was $ 13,953.48.

What is the difference between independent and dependent demand. Group of answer choices independent iemand is based on market forces while Dependent demand is based on production schedule dependent demand is what determines independent demand independent demand is based on dependent demand dependent demand is based on sales while independent demand is based on management decisions

Answers

Answer:

independent demand is based on market forces while Dependent demand is based on production schedule

Explanation:

Independent demand is the demand for a finished product bought by a consumer e.g. the demand for a textbook by a student

independent demand is based on market forces e.g. the price of the good

Consumers would be more willing to purchase a good that is cheaper compared to other goods

Dependent demand is the demand for the factors of productions that are needed in the production of the final good or service. e.g. the demand for labour , purchase of inventory needed to produce a good

If consumers do not demand for the finished product, there would be no demand for the inventory

Which of the following statement is NOT TRUE about advantages of using primary data?
А. The researchers can decide the type of method they will use in collecting the data
B. The researchers can focus the data collection on specific issues of the research. С. The researchers would know in detail how the data were gathered and will be able to present original data.
D. The researchers will have to collect large volume of data since they will interact with different people and environments.​

Answers

Answer:

A. false

B. false

C. true

D. true

(b). Cassava is the main commodity in the economy of Dumpusi. Given the hardship in the intervention, the number of cassava producers also increased in the community. In a class discussion, your Economics Lecturer said these two events would result in an increase in With the aid of a diagram, explain the possible effects of the two events on equilibrium price equilibrium price of cassava. Mary, your classmate, argues that the price will rather decrease. and quantity, assuming the salary increase has a greater impact and cassava is a normal good.​

Answers

Answer:

prices decrease actually

Explanation:

with that much of cassava producers the market of the product just loses its value as it is that common that the only way to making money would be to say something about based on the communities beliefs to raise attention like "Buy some cassava to make the gods happy" something most common in African society

Kluber, Inc. had net income of $911,000 based on variable costing. Beginning and ending inventories were 56,100 units and 54,200 units, respectively. Assume the fixed overhead per unit was $1.80 for both the beginning and ending inventory. What is net income under absorption costing?
a. $811,730
b. $904,160
c. $1,010,270
d. $907,580
e. $911,000

Answers

Answer:

Net operating income (absorption)= $907,580

Explanation:

Giving the following information:

Fixed overhead per unit= $1.80

Net income= $911,000 (variable costing)

Beginning inventory= 56,100 units

Ending inventory= 54,200 units

Under absorption costing, fixed manufacturing overhead is a product cost. We need to incorporate into the cost of goods sold the fixed overhead from beginning inventory and deduct the fixed overhead allocated into ending inventory.

Net operating income= 911,000

Less:

Fixed overhead beginning inventory= (1.8*56,100)

Add:

Fixed overhead ending inventory= (1.8*54,200)

Net operating income (absorption)= $907,580

Ejercicios para la actividad 7.

1. Contrastar que, con el cambio de modelo de una máquina, el proceso se ha hecho más

variable. La varianza con el modelo anterior fue de 23.15. Se realizan 25 observaciones con el

nuevo modelo obteniéndose una varianza muestral

2. de 40.5. Utilice un 99% de confianza para realizar el contraste. (Contraste bilateral)

Answers

Answer:

i hope all are safe and gappy in this time take care of youreself also health first thsn any work

A stock has a beta of 1.45, the expected return on the market is 19 percent, and the risk-free rate is 5.00 percent. What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer: 25.30%

Explanation:

This can be calculated by the Capital Asset Pricing Model (CAPM):

= Risk free rate + Beta * (Market return - Risk free rate)

= 5% + 1.45 * (19% - 5%)

= 5% + 20.3

= 25.30%

3. Explain how the employees of an American organization and Bangladeshi organization will be culturally different in terms of power distance, uncertainty avoidance, and masculinity-femininity inde

Answers

Answer:

Explanation:

POWER DISTANCE  :  This dimension deals with the fact that all individuals in societies are not equal – it expresses the attitude of the culture towards these inequalities amongst us. Power Distance is defined as the extent to which the less powerful members of institutions and organisations within a country expect and accept that power is distributed unequally.

Bangladesh scores high on this dimension (score of 80) which means that people accept a hierarchical order in which everybody has a place and which needs no further justification. Hierarchy in an organization is seen as reflecting inherent inequalities, centralization is popular, subordinates expect to be told what to do and the ideal boss is a benevolent autocrat                                            MASCULINITY  :        A high score (Masculine) on this dimension indicates that the society will be driven by competition, achievement and success, with success being defined by the winner / best in field – a value system that starts in school and continues throughout organisational life.

A low score (Feminine) on the dimension means that the dominant values in society are caring for others and quality of life. A Feminine society is one where quality of life is the sign of success and standing out from the crowd is not admirable. The fundamental issue here is what motivates people, wanting to be the best (Masculine) or liking what you do (Feminine).

Bangladesh scores 55 on this dimension and can be considered a a Masculine society. In Masculine countries people “live in order to work”, managers are expected to be decisive and assertive, the emphasis is on equity, competition and performance and conflicts are resolved by fighting them out.                                                                                                                  UNCERTAINTY AVOIDANCE  :        The dimension Uncertainty Avoidance has to do with the way that a society deals with the fact that the future can never be known: should we try to control the future or just let it happen? This ambiguity brings with it anxiety and different cultures have learnt to deal with this anxiety in different ways. The extent to which the members of a culture feel threatened by ambiguous or unknown situations and have created beliefs and institutions that try to avoid these is reflected in the score on Uncertainty Avoidance.

Bangladesh scores 60 on this dimension and thus has an high score. Countries exhibiting high Uncertainty Avoidance maintain rigid codes of belief and behaviour and are intolerant of unorthodox behaviour and ideas. In these cultures there is an emotional need for rules (even if the rules never seem to work) time is money, people have an inner urge to be busy and work hard, precision and punctuality are the norm, innovation may be resisted, security is an important element in individual motivation.          

Groupon offers online coupons for bargains at local shops and restaurants. Which of the following is a reason that rivals are limiting its growth?
a. Not many firms possess the same capability
b. Its core capability is easily imitated
c. Its core capability is not easily imitated.
d. There are few equivalent capabilities.

Answers

Answer:

b. Its core capability is easily imitated

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

In this scenario, Groupon offers online coupons for bargains at local shops and restaurants. A reason that rivals are limiting its growth is simply because its core capability is easily imitated i.e offering of coupons for bargains.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

The following data relate to direct labor costs for August: actual costs for 5,500 hours at $24.00 per hour and standard costs for 5,000 hours at $23.70 per hour. The direct labor rate variance is a.$1,500 unfavorable b.$1,500 favorable c.$1,650 unfavorable d.$1,650 favorable

Answers

Answer: c. $1,650 unfavorable

Explanation:

The direct labor rate variance shows the difference between the cost of direct labor that the company thought it would incur vs what it actually incurs for the period.

Formula is:

Direct labor rate variance = Actual cost of direct labor - Standard cost of actual hours of direct labor

= Actual hours * (Actual cost - Standard cost)

= 5,500 * (24 - 23.70)

= $1,650 unfavorable

Unfavorable because the actual cost incurred was more than the cost anticipated.

Which of the following statements about the monetary aggregates is true?

a. The growth rates of M1 and M2 always track each other closely.
b. M1 is greater than M2.
c. When the growth rate of M2 increases, the growth rate of M1 must also increase.
d. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same.

Given​ that, in billions of U.S.​ dollars, we have in​ currency, in demand​ deposits, in​ traveler's checks, in savings​ deposits, and in other checkable deposits. The total M1 amount in this economy is ​$__________

Answers

Answer: D. When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same.

Explanation:

1. Since M2 = M1 + Saving deposit + Time deposits + Money Market deposit of individuals, then from the options given, the true statement about the monetary aggregate is that when you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same. Therefore, the fire option is D.

2. Your second question isn't well written but let's assume some figures in order to solve the question.

Let's say,

Currency = $863.2 billion

Demand deposit = $573.5 billion

Traveler's cheque = $3.8 billion

Savings deposit = $5237.8

Other checkable deposit = $319

Therefore, the total M1 amount in this economy will be:

M1 = Currency + Demand deposit + Travelers check + Other checkable deposits

= 863.2 + 573.5 + 3.8 + 319

= $1759.5 billion

A firm is making an economic loss of $100,000. This means that: multiple choice 1 the firm should immediately exit the industry. the firm's revenues are less than its opportunity costs. the firm is not making an accounting profit. the firm could increase economic profit if its resources were used in a different way. If a firm is making an economic profit of zero: multiple choice 2 it will have unhappy stockholders. it is not making an accounting profit. the firm should change to a different line of business. it cannot make a higher economic profit by changing how it is using its resources.

Answers

A firm is making an economic loss of $100,000. This means that:

Choice 1 -

The firm could increase economic profit if its resources were used in a different way.

If a firm is making an economic profit of zero:

Choice 2 -

It cannot make a higher economic profit by changing how it is using its resources.

What Is Economic Profit (or Loss)?An economic profit or loss is the difference between the revenue received from the sale of an output and the costs of all inputs used, as well as any opportunity costs. In calculating economic profit, opportunity costs and explicit costs are deducted from revenues earned.Opportunity costs are a type of implicit cost determined by management and will vary based on different scenarios and perspectives.The calculation for economic profit --Economic profit = revenues - explicit costs - opportunity costs

Learn more about Economic Profit (or Loss) on:

brainly.com/question/15867127

#SPJ2

Other Questions
Can someone help me with this math homework please! Drag each tile to the correct box.Match each equation with its solution.n == -1n = -25n = 1EquationSolution12 + 15 = -10>-511 = 1- 13 = -12 What is the connotation of engulf?positive; implies an embracenegative; implies something that is all-consumingnegative; implies something that is slowly taking over Write a program that solves the following problem: One marker costs 80 cents. A package of five markers costs $3.50. This encourages people to buy complete packages rather than having to break packages open. The tax is 6.5% of the total. The shipping cost is 5% of the total (before tax). Your program will prompt for a number of markers (an integer). It will calculate and display: The number of complete packages of markers The number of separate markers (hint: use // and %) The cost for the markers before shipping and tax The cost of shipping The cost of tax The total cost of the markers after shipping and tax are added (the grand total) What are some characteristics of Batholith calculate the surface area of a hockey puck with a height of 1 in. and a diameter of 3 in A standard deck of 52 cards has 13 ranks (Ace, 2, 3, 4, 5, 6, 7, 8, 9, 10, Jack, Queen, King) and 4 suits ($\spadesuit$, $\heartsuit$, $\diamondsuit$, and $\clubsuit$), such that there is exactly one card for any given rank and suit. Two of the suits ($\spadesuit$ and $\clubsuit$) are black and the other two suits ($\heartsuit$ and $\diamondsuit$) are red. The deck is randomly arranged. What is the probability that the top card is a 3 and the second card is an eight A 34-m length of wire is stretched horizontally between two vertical posts. The wire carries a current of 68 A and experiences a magnetic force of 0.16 N. Find the magnitude of the earth's magnetic field at the location of the wire, assuming the field makes an angle of 72.0 with respect to the wire. Find the area of a sector of a circle whose radius is 16 cm and whose central angle is36 degrees. what is povertyindicators of poverty Calculate the maximum absolute uncertainty for R if:R = 9A / BA = 32 +/- 2 secondsB = 11 +/- 3 seconds1 second0.33 seconds9 seconds2 seconds6 seconds HELP!! pie/3 is the reference angle for: Humans are diploid; every individual carries only two alleles.a. Trueb. False HELP PLEASE, Function problem please help me!!!!!!!!!!!! What is the mass of a piece of iron if its density is 1.98 g/mL and its volume is 2.45 mL?0.80 g4.8581.2485.9982.71 g Find the intercepts of the function y = 3x + 9 Which are characteristics of a video with a higherbit rate? Choose all that apply.fewer frames per secondmore frames per secondlower qualityhigher qualitylarger file sizesmaller file size distance of distinct vision.is placed at a distance less than the distance of near point, its image owill be blurred. Hence human eye can not see such object clearly.ADDITIONAL INFORMATIONdistance of distinct vision for a normal eye of different age groupsBabies = 7 cmAdults = 25 cmerson of age 55 years and above = 100 cmever, in our discussion we are concerned with a normal eye of an adult so leastThe foulart position of an ahiect from a human eve so that the sh The first side of a triangle measures 5 in. less than the second side, the third side is 3 in. more than the first side, and the perimeter is 17 in. Set up an equation that relates the sides of the triangles in terms of the perimeter of the triangle.3s - 10 = 173s - 7 = 172s -7 = 172s - 5 = 17