Arnold quits his $85,000/year job to start a business. the first year his revenues are $385,000, his expenses include; salaries of $200,000 ($100,000 for himself), rent of $35,000, marketing of $50,000, contract costs of $80,000 and supplies of $20,000. he invested $100,000 in the business with a nror of 5%.
what is his accounting and economic profit? question 15 options:
a) 0,$10,000
b) 0,-$85,
c) $-5,000,$15,000
d) $0, $15,000
Answers: 2
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
Business, 22.06.2019 15:00
1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)
Answers: 2
Business, 23.06.2019 00:40
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
Business, 23.06.2019 04:40
What are the advantages and disadvantages for an individual who accepts a job as a human resource manager in a firm that is in the midst of a retrenchment corporate strategy? a reactor business strategy?
Answers: 3
Arnold quits his $85,000/year job to start a business. the first year his revenues are $385,000, his...
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