Answer:
Implicit costs do not require a direct monetary outlay by the firm, whereas explicit costs do.
Explanation:
Rent, salary, and other operating expenses are considered explicit costs. They are all recorded within a firm's financial statements, meaning they are present and clearly shown or reported as a separate cost. The main difference between the two types of costs is that implicit costs are opportunity costs, meaning that it is present but it is not initially shown or reported as a separate cost, while explicit costs are expenses paid with a company's own tangible assets. In other words, explicit costs are always shown, implicit costs are not, at least initially, exactly like the meaning words suggest.
Answer:
osmotic diuretic
Explanation:
Osmotic diuretic -
It refers to the type of diuretic , which resists the absorption of the sodium and water , is referred to as osmotic diuretic .
In simple terms , it refers to the condition of increased urination , where additional water comes out along with urine .
The reason for Osmotic diuresis can be -
Higher level of sugars in blood .
As the client is facing the issue of increased intracranial pressure , where the amount of fluid around the brain is reduced which is a fatal condition , so in order to avoid this condition , Osmotic diuretic is given , so that the excess fluid can comes out with urine .
Hence , the correct term is osmotic diuretic .
Answer:
1. Damaged or obsolete goods are not counted in inventory if they cannot be sold.
2. If these can be sold… Cost should be reduced to Net Realizable Value
Explanation:
The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.
Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.
However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'
Answer:
there are seven used today
Answer: Producer-producer rivalry
It is a rivalry from producer to producer because the other airlines will hardly be able to compete with that action, since at present it has become more usual not to include the luggage in the ticket and load them at the time of the check. With this, the best option for passengers will be to buy with the airline "Southwest Airlines"