After graduation, you face a choice. You can work for a multinational consulting firm and earn a starting salary (including benefits) of $40,000, or you can start your own consulting firm using $5,000 of your own savings. If you keep your money in a savings account, you can earn an interest rate of 7 percent. You choose to start your own consulting firm. At the end of the first year, you add up all of your expenses and revenues. Your expenses include $14,000 for rent, $1,000 for office supplies, $24,000 for labor, and $4,500 for telephone expenses. After operating your consulting firm for a year, your total revenues are $88,000.

Required:
What are your total explicit cost and total implicit costs?

Answers

Answer 1

Answer:

Explanation:

Money is used to cover the explicit cost. They're what we're used to seeing, and they're easy to identify. There are several classifications for explicit costs; we can distinguish between fixed and variable costs, as well as direct and indirect costs. Raw materials, manpower, indirect production costs, and so on are all factors that contribute to its expense.

The opportunity cost of using a resource is the amount of money paying for it that might have been used on something else.

Alternative benefit options or money that we miss earning by doing such business acts are referred to as opportunity costs.

When a corporation foregoes an alternative action but does not make a bill, it incurs implicit costs. These are a company's hidden costs:

1. The use of the firm's own funds (money or assets).

2. The owner's capital, savings, and financial services are used.

From the given information:

The total explicit cost = Rent + office supplies + office staff + telephone expense

=$( 14000 + 1000 + 24000 + 4500)

= $43500

The total implicit cost = forgone salary + forgone interest

= $40000 + 7% of $5000

= $40000 + 350

=$40350


Related Questions

The Earth Science students are making a human scale model of the solar system out on the school playground. The school itself represents the Sun. In the model 1 AU = 100 meters (the length of a football field). How far from the school will the student representing Mars stand? A) 50 meters B) 105 meters 150 meters D) 1500 meters NEED HELP ASAP​

Answers

In the model 1 AU = 100 meters (the length of a football field) , then mars would be 150 meters far from the school, therefore the correct answer is option C.

What is a unit of measurement?

A unit of measurement is a specified magnitude of a quantity that is established and used as a standard for measuring other quantities of the same kind. It is determined by convention or regulation.

As given in the problem the  Earth Science students are making a human-scale model of the solar system out on the school playground. The school itself represents the Sun. In the model 1 AU = 100 meters,

As given in the table marks is 1.5 AU far from Mars,

1 AU = 100 meters

1.5 AU = 1.5 × 100

           = 150 meters

Thus, mars would be 150 meters far from the school, therefore the correct answer is option C.

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How are rainbows made?

Answers

When it rains thin the sun comes out thin a rainbow appears

Answer:

when it rains and at the same time it sunny there would appear a rainbow

In the process of changing a flat tire, a motorist uses a hydraulic jack. She begins by applying a force of 58 N to the input piston, which has a radius r1. As a result, the output plunger, which has a radius r2, applies a force to the car. The ratio r2/r1 has a value of 8.2. Ignore the height difference between the input piston and output plunger and determine the force that the output plunger applies to the car.

Answers

Answer:

The correct answer is "3899.92 N".

Explanation:

The given values are:

Force,

[tex]F_{app}=58 N[/tex]

Ratio,

[tex]\frac{R_2}{R_1}=8.2[/tex]

As we know,

Area, [tex]A=\pi r^2[/tex]

or,

⇒  [tex]\frac{F_2}{F_1} =\frac{A_2}{A_1}[/tex]

On substituting the value of "A", we get

⇒  [tex]\frac{F_2}{F_1} =\frac{\pi r_2^2}{\pi r_1^2}[/tex]

⇒  [tex]\frac{F_2}{F_1} =\frac{r_2^2}{r_1^2}[/tex]

On applying cross-multiplication, we get

⇒  [tex]F_2=F_1\times (\frac{r_2}{r_1} )^2[/tex]

On substituting the given values, we get

⇒       [tex]=58\times (8.2)^2[/tex]

⇒       [tex]=58\times 67.2[/tex]

⇒       [tex]=3899.92 \ N[/tex]

A 100-n object and a 50-n object are placed on scales a and b respectively inside an elevator ascending with constant velocity 3.0m/s which statement below correctly describes the readings on the scales inside the elevator

Answers

Answer: b

Explanation:

The reading of the scale of the elevator  ascending with constant velocity is 150 N.

Reading of the scale

The reading of the scale on the elevaor is calculated by applying Newton's second law of motion;

R = m(a + g)

R = ma + mg

R = F + W

where;

a is the acceleration of the objects

At constant velocity, the acceleration of the object is zero (0).

R = 0 + 100 + 50

R = 150 N

Thus, the reading of the scale of the elevator  ascending with constant velocity is 150 N.

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The speed of a wave is 40 m/s. If the wavelength is 80 centimeters, what is the frequency of the wave?

SOLVE IT COMPLETELY

Answers

Question:-

The speed of a wave is 40 m/s. If the wavelength is 80 centimeters, what is the frequency of the wave ?

Answer:-

Given:-

Velocity (V) = 40 m/s

Wavelength [tex] (\lambda) [/tex] = 80 cm = 0.8 m

To Find:-

The frequency (F) of the wave.

Solution:-

We know,

[tex] \bf V \: = \: F \: × \: \lambda [/tex]

40 = F × 0.8

F = [tex] \frac{40}{0.8} [/tex]

F = 50

The frequency of the wave is 50 Hz. [Answer]

imagine a single charge creating an electric field. what is the relationship between electric field strength and the distance from the charge?
a. direct
b. inverse
c. inverse squared
d. indirect

Answers

Answer:

b. inverse

Explanation:

[tex]E = \frac{V}{d} \\ d \: is \: the \: distance \\ [/tex]

Which of the following is an example of a noncontrolled substance?
A. Sleeping pills
B. Coffee
C. Pain medications
D. Cough medications
SUBMIT

Answers

An example of noncontrolled substance from the option is Cough medications.

What are Noncontrolled substances?

Noncontrolled substances are substances that are prescribed by medical personnel or pharmaceutical professionals for treatment of a disorder or ailments that is affecting a person.

Noncontrolled substances include medications that are majorly prescribed for treatment of medical conditions like high blood pressure, diabetes, and bacterial infections.

Therefore, An example of noncontrolled substance from the option is Cough medications.

Learn more about noncontrolled substances below.

https://brainly.com/question/5349491

A uniform metre rule of mass 100g balance the 40cm mark when a mass x is placed at the 20cm mark
what is the value of x​

Answers

Answer:

X = 50 g

Explanation:

Please see attached photo for explanation.

From the attached photo,

Anticlock–wise moment = X × 20

Clockwise moment = 100 × 10

Anticlock–wise moment = clockwise moment

X × 20 = 100 × 10

X × 20 = 1000

Divide both side by 20

X = 1000 / 20

X = 50 g

Therefore, the value of X is 50 g

a student throws a coin vertically downward frok the top of a building. the coin leaves the throwers hand with a speed of 15.0m/s. what is its speed after falling freely for 2.00s?​

Answers

Answer:

Final speed after 2 seconds = 34.6 m/s

Explanation:

Given:

Initial speed of coin (u) = 15 m/s

Time taken = 2 seconds

Find:

Final speed after 2 seconds

Computation:

Gravitational acceleration of earth = 9.8 m/s²

Using first equation of motion;

v = u + at

or

v = u + gt

where,

v = final velocity

u = initial velocity

g = Gravitational acceleration

t = time taken

v = 15 + 9.8(2)

v = 15 + 19.6

Final speed after 2 seconds = 34.6 m/s

Suppose that a particle accelerator is used to move two beams of particles in opposite directions. In a particular region, electrons move to the right at 4910 m/s and protons move to the left at 2583 m/s. The particles are evenly spaced with 0.0758 m between electrons and 0.0577 m between protons. Assuming that there are no collisions and that the interactions between the particles are negligible, what is the magnitude of the average current in this region

Answers

Answer:

The answer is "[tex]17.28 \times 10^{-14}\ A[/tex]"

Explanation:

Calculating the number of electrons passing in per second:

[tex]\to n_e = \frac{4910}{0.0758} = 6.4 \times 10^5[/tex]

Calculating the current in electron:

[tex]\to I_e = 6.4 \times 10^5 \times 1.6 \times 10^{-19} = 10.24 \times 10^{-14}\ A[/tex]

Calculating the number of protons passing in per second:

[tex]\to n_p = \frac{2583}{0.0577} = 4.4 \times 10^{4}[/tex]

Calculating the current in proton:

[tex]\to I_p = 4.4 \times 10^{4} \times 1.6 x 10^{-19} = 7.04 \times 10^{-14} \ A[/tex]

Calculating the total current:

[tex]\to I = I_p + I_e = 17.28 \times 10^{-14}\ A[/tex]

The light waves transfer their oscillations and energy to other object in what way?

The frequency of the light waves physically causes the object to move
The energy of the light wave transfers to the electrons of the material which causes them to gain that energy
The wavelength of the light changes the velocity of the atoms in the material
The amplitude of the light will affect how much of it shines on the object

Answers

Answer: b the energy of light...

Explanation:

what the answer for this question ?

Answers

Answer:

Explanation:

It is better to say “It is correct.” The word THIS is a demonstrative pronoun. The word THIS should be used to point out or to indicate the things. The word CORRECT is an abstract noun therefore it can not be pointed out this is why it is better to say IT IS CORRECT.

19
What is the mass of a ball that is traveling 30 m/s and has 4.5 J of kinetic energy?
ave a GPF of 35512

Answers

Answer: The mass of ball is 10 grams.

Explanation:

Given : Kinetic energy = 4.5 J

Velocity = 30 m/s

The formula for Kinetic energy is as follows.

[tex]K.E = \frac{1}{2}mv^{2}[/tex]

where,

K.E = Kinetic energy

m = mass

v = velocity

Substitute the values into above formula as follows.

[tex]K.E = \frac{1}{2}mv^{2}\\4.5 J = \frac{1}{2} \times m \times (30 m/s)^{2}\\m = \frac{4.5 J \times 2}{900 m^2/s^2} (1 Js^{2} = kg m^{2})\\= 0.01 kg (1 kg = 1000 g)\\= 10 g[/tex]

Thus, we can conclude that the mass of ball is 10 grams.

9
A canoe with a mass of 120 kg is floating downriver at a speed of 2.5 m/s. What is the canoe's kinetic eergy?

Answers

Answer:

K.E. = ½ × mv²

= ½ × 120 × (2.5)²

= 60 × 6.25

= 375 J

An object is placed in front of a thin converging lens of focal length 12 cm. The image of the object is upright and 2.5 times as tall as the actual object. What is the distance of the object to the lens?
7.2 cm
6.0 cm
4.2 cm
15 cm

Answers

Digamos que unos 4.2 centímetros

The distance of the object to the lens will be a) 7.2 cm

What is focal length?

The distance between the convex lens or a concave mirror and the focal point of a lens or mirror is called the focal length. It is the point where parallel rays of light meet or converge.

magnification (m) = h(image )/ h(object ) = image distance / object distance

given

h(image ) = 2.5 * h(object)

m =  2.5 * h(object)  /  h(object )  = 2.5

2.5 =  image distance / object distance

2.5 = v / u

v = 2.5 u

using lens formula

given

focal length (f) = + 12cm

1/v - 1/u = 1/focal length

1/2.5 u  - 1/u = 1/12

u = - 7.2 cm

correct option a)7.2 cm

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A chain is wrapped around pulley and pulled with a force of
16.0N .The pulley has a radius of 0.20 m. The pulley's rotational
speed increases from 0.0 to 17.0 rev/min in 5.00s What is the moment
of inertia of Pulley?

Answers

The moment of inertia of Pulley is 8.89 kgm².

Angular acceleration of the pulley

The angular acceleration of the pulley is calculated as follows;

[tex]\alpha = \frac{\omega_f - \omega _i}{t}[/tex]

where;

ωi is the initial angular velocity = 0 ωf is the final angular velocity = 17 rev/mint is the time of motion

Final angular velocity in radian per second is calculated as

[tex]\omega _f = 17 \frac{rev}{\min} \times \frac{2\pi \ rad}{1 \ rev} \times \frac{1\min}{60 \ s} = 1.78 \ rad/s[/tex]

Now, solve for angular acceleration

[tex]\alpha = \frac{1.78-0}{5} \\\\\alpha = 0.36 \ rad/s^2[/tex]

Moment of inertia of the pulley

The the moment of inertia of Pulley is determined using the formula for torque.

Iα = Fr

I = Fr/α

I = (16 x 0.2)/(0.36)

I = 8.89 kgm²

Thus, the moment of inertia of Pulley is 8.89 kgm².

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Please help 23 also 29 the answer choices are reflection or refraction your fraction absorption

Answers

Answer:

23. Option B. Hertz

29. Refraction.

Explanation:

23. Determination of the unit of measurement of frequency.

Frequency is simply defined as the number of oscillation made in one second. Mathematically, frequency can be represented as:

Frequency = 1/period

f = 1/T

Period is measured in seconds.

Thus, the unit of frequency becomes

f = 1/T

f = 1/s = s¯¹ (Hertz)

Therefore, the unit of frequency is Hertz.

29. When a wave enters a new medium, the speed of the wave is uttered. This leads to the bending of the wave. When this occurs, we can say refraction has taken place.

The energy of motion is called...?

Answers

The answer is Kinetic energy

Which object orbits object E?
A
B
C
Or D

Answers

Answer:

its D I hope this helps you

Mu
wann-A
Very Short Answer Type Questions
1. Name the nutrients present in our food which give mainly energy to our body.
2. Name the nutrient which is needed for the growth and repair of our body. Proteins
3. Name the main carbohydrate which we eat in our food. I heat Rica maizes Pearl Potato
4. Which carbohydrate is present in wheat, rice and potatoes ? Plants
5. Name two foods each rich in (a) fats, and (b) starch. Batterheen
6. Name the major nutrients in our food.Combshed soles Fats Rooten mineral water Vitamin
7. Name the vitamin which is required for maintaining good eyesight Witamin A
8. Name the vitamin which keeps the teeth, gums and joints healthy, and helps fight diseases. 14
9. Name the vitamin which is necessary for the normal growth of bones and teeth Wermico
10. Which vitamin is produced in the human body when skin is exposed to sunlight ? uamu-D
11. Name the main vitamin present in (a) oranges, and (b) carrots. Worthing
12 Name an important mineral present in (a) apple, and (b) sea-fish.
13. Which mineral is needed to make haemoglobin present in our red blood cells.
14. In addition to calcium, which other mineral is needed for making bones and teeth ? (chum, Pha
15. Name a mineral which is needed for keeping bones and teeth healthy.
16. Which mineral is needed for the proper functioning of thyroid gland ?
17. Name two food materials which contain a lot of water. Fresh forest
18. Name the component of our food which helps prevent constipation. bulk oftend, wollte man
Vegetable
19. What is the other name of roughage? Dletary Abu
29Which component of food is mainly made of indigestible carbohydrate 'cellulose'?
21. The examples of carbohydrates are : sugar, cellulose, glucose and starch. Which of these carbohydrate
provides roughage in our food ?
22. Name two components of food which do not provide any nutrients.Cellulog
23. Fill in the following blank with a suitable word :
Iron is an important constituent of.........present in our blood. Hemoglobin
Short Answer Type Questions
24. What is the function of fats in our body? Name​

Answers

1. carbohydrates, proteins, fats, vitamins and minerals.

2. blood and muscle cells

3. fructose, glucose, and lactose)

4. Fiber and protein

5. Avocados and potato

6. carbohydrates, proteins, fats, vitamins and minerals.

7.vitamin A
8. Vitamin C
9.vitamin D
10. Vitamin D
11.vitamin C
12. calcium, potasium and phosphorus.
13. myoglobin and iron
14.Vitamin D
15.calcium
16.Lodine
17. Cucumber tomato
18. Fiber
19.dietary fibers
20.starch and sugars
21. I don’t know
22.roughaghe and water

A ball is rolling away from you at a constant speed, hits a wall, and then suddenly stops moving. Imagine a position-versus-time graph showing the ball’s motion. Describe the line on the graph.

Answers

Answer:

It would show a "straight line".

Explanation:

Newton's First Law of Motion states that an object at rest will remain at rest and an object in motion will remain in motion (at a constant velocity) unless acted upon by an unbalanced force. Newton's first law of motion is also called the law of inertia.

Aluminum has a shear strength of 210 megapascals. When you bend aluminum foil around an edge (i.e., the edge of the box) and pull, you are effectively applying a shear force along the bent edge of the foil. If a roll of household aluminum foil is 30.0 centimeters wide and its thickness is approximately 15.0 micrometers, how much shear force is needed to pull off a sheet

Answers

Answer:

The answer is "[tex]945\ N[/tex]"

Explanation:

Aluminum has 210 megapascals of tensile resistance. They choose a shear force only at bent foil edge to bend aluminum foil over an edge (that is the edge of its box) to pull them. When a roll of aluminium domestic foil is 30 cm in width and about 15.0 micrometers.

[tex]\to 0.000015 \times 0.300 = 0.0000045\\\\\to 210000000 = \frac{F}{0.0000045}\\\\\to F=210000000 \times 0.0000045\\\\\to F = 945\ N[/tex]

A person, with his ear to the ground, sees a huge stone strike the concrete pavement. A moment later two sounds are heard from the impact: one travels in the air and the other in the concrete, and they are 0.70 ss apart. The speed of sound in air is 343 m/sm/s, and in concrete is 3000 m/sm/s. Part A How far away did the impact occur

Answers

Answer:

271.095 m

Explanation:

✓ Let speed of sound in air that was given as (343 m/s) be represented as (Vi)

✓( speed of sound in concrete that was given as (3000 m/s ) be debited as (Vc)

✓ Let the distance travelled by the sound = s

✓duration of Time that exist between heard of sounds = 0.70s

But we know that

Time = (Distance / Speed)

✓Time it takes the sound to travel through air= s/vi = s/343

✓Time it takes the sound to travel through concrete= s/vc = s/3000

✓ (s/343) - (s/3000) = 0.70

Finding LCM and simplify

[(3000s - 343s)]/1029000 = 0.70

2657s /1029000 = 0.70

Making " s" subject of the formula

s= (1029000 × 0.70)/2657

s=720300/ 2657

s= 271.095 m

Hence, The impact took place at a distance of 271.095 m away from the person.

Find the current passing through each of the 3 resistors connected parallel to each other as shown in the figure (i1, i2, I3). Show your actions clearly.

Answers

Answer:

I1 = ε/R1

I2 = ε/R2

I3 = ε/R3

Explanation:

From the image, we see that the resistors are connected in parallel. This means that the voltage passing through them is the same.

Now, formula for current is; I = V/R

In this case, V which is voltage is denoted by ε.

Thus;

I1 = ε/R1

I2 = ε/R2

I3 = ε/R3

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