Implicit and explicit costs are different in that:
1) explicit costs are opportunity costs;...
Implicit and explicit costs are different in that:
1) explicit costs are opportunity costs; implicit costs are not.
2) implicit costs are opportunity costs; explicit costs are not.
3) the latter refer to nonexpenditure costs and the former to monetary payments.
4) the former refer to nonexpenditure costs and the latter to monetary payments.
Answers: 3
Business, 22.06.2019 09:00
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
Business, 22.06.2019 16:40
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of β$15,600, β$22,200, and β$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 17:00
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
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