Answer:
Jennifer earned an accounting profit of $1,000 and economic loss of $26,000
Explanation:
Total revenue for Jennifer is $39,000.
Explicit costs incurred is $38,000.
The implicit cost or opportunity cost involved is $27,000.
Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.
Jennifer has earned an accounting profit of
= Total revenue - Explicit costs
= $39,000 - $38,000
= $1,000
Economic profit takes into account the explicit cost as well as implicit cost.
The economic profit earned
= Total revenue - Total costs
= $39,000 - ($38,000 + $27,000)
= - $26,000
$160000 x 1.06 = $169600
$169600 - 160000 = $ 9600 per year
$9600 / 12 = $ 800 per month
160000 / 360 month = $ 444.44 per month
800 + 444.44 = $ 1244.44 monthly peyment
Answer:
The correct answer is letter "B": Internal customers.
Explanation:
Internal customers are not necessarily employees or customers who work inside the organizations, but they usually do. These people have a certain relationship with the firm and one need from another so their jobs can be done. In the case of employees, they rely on others' roles so their responsibilities can be performed.
Hello, yes it's actually common for people to give up their home to avoid further payment only if their lender agrees and allows that to happen. But of course, the remaining balance (the difference of the house value and what's left of the mortgage) must be paid. Walking away from an underwater mortgage can seriously affect that person's financial future and by extent his/her relationship with the community. His/Her credit score will go down with this, it may be difficult for him/her to qualify for another mortgage in the future. Another reason is that - in most states, it is completely legal for lenders to go after the difference (deficiency) because technically they own that and have rights to it.
$2.40., was incorrect. The correct answer was: $2.28.
Begin by calculating how much of the net income is available for common stockholders (net income after taxes minus preferred dividends equals earnings available for common stockholders). The preferred stockholders received $600,000 in dividends (100,000 pfd shares × $6 per share dividends = $600,000). After subtracting $600,000 from the net income of $12 million, this leaves $11.4 million (earnings available for common stockholders). Compute EPS (earnings available for common ÷ number of common shares outstanding = $11.4 million / 5 million shares = $2.28 per share EPS).
the qestion is incomplete .please read below to find the missing content
A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock ($100 par). What is the corporation's earnings per share (EPS)?
A) $2.52.
B) $1.20.
C) $2.28.
D) $2.40.
Earnings per share is the monetary value of earnings per outstanding share of a company's common stock. It is an important measure of a company's profitability and is often used in stock pricing.
EPS shows a company's profitability by showing how much profit the company makes for each share of its stock. The EPS figure is determined by dividing a company's net income by shares of common stock outstanding. However, the higher the EPS number, the more profitable the company.
Learn more about EPS here
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