subject
Business, 22.01.2020 23:31 k3ydag0at

Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into business for himself as a certified public accountant. he decides not to rent office space downtown, but instead sets up shop in his converted garage apartment, which he could rent out for $300 a month if he wasnât using it as his own office. he must purchase office supplies worth $75 a month, and his monthly electricity bill has increased by $50 now that he is working out of his home office. after six months of working from home, barney has earned an average of $12,000 per month. a. what are barneyâs monthly explicit costs? b. what are barneyâs monthly implicit costs? c. what are barneyâs monthly economic costs?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies.answers: management policies
Answers: 1
question
Business, 21.06.2019 23:00
James has set the goal of achieving all "a"s during this year of school.which term best describes this goal
Answers: 2
question
Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
question
Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
You know the right answer?
Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into...
Questions
question
Chemistry, 26.02.2021 09:40
question
Chemistry, 26.02.2021 09:40
Questions on the website: 13722367