Jill took $50,000 that she had in savings and started her own business. If left in investments she would have earned $5,000 this year. Jill also left a job that paid her 60,000 a year and plans on paying herself $40,000. Materials and other labor costs will be $70,000. The company is located in a building that Jill owns. She could have rented the building out for $30,000 but plans on charging the company only the insurance and mortgage payment of $20,000. What do the accounting and economic costs?equal?

A. Accounting costs? = ?160,000?; Economic costs? = $240,000
B. Accounting costs? = ?$130,000?; Economic costs? = ?$130,000
C. Accounting costs? = ?$60,000?; Economic costs? = ?$90,000
D. Accounting costs? = ?$130,000?; Economic costs? = ?$165,000
E. Accounting costs? = ?$110,000?; Economic costs? = ?$200,000

Assume that the supply of land is perfectly inelastic as shown in the diagram below. The demand for land has shifted from D1 to D2. What is the total value for economic rent after the change in? demand?

A. P2
B. P2 × Q*.
C. P1 × Q*.
D. P2 ? P1

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?

Financial information that is capable of making a difference in a decision is