Dane decides to give up a job earning $200,000 per year as a corporate lawyer and converts
Question:
a. How much is Dane's accounting profit for the year?
b. Is Dane earning an economic profit? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
a Accounting profit revenues explicit costs Explicit co...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Question Posted:
Students also viewed these Micro Economics questions
-
With his first paycheck, Steve decides to buy a car. After spending hours researching the many specifications each car hasfrom gas mileage to horsepowerhe decides to give up trying to find the...
-
Sydney is interested in starting a new business, but would have to give up a job with a total compensation of $100,000 per year. After researching the new business opportunity, Sydney developed the...
-
Suppose you are accepted to all of the three business schools to which you applied. Consider all the factors that could matter when it comes to choosing a business school. a. How would you go about...
-
The US Womens Swimming Team won the 1500 m relay at the 2016 Olympic Games. Here are the completion times, in seconds, for all eight teams that competed in the finals: a. Calculate the sample...
-
(Entries for Various Dilutive Securities) The stockholders equity section of Martino Inc. at the beginning of the current year appears below. Common stock , $10 par value, authorized 1,000,000...
-
A researcher wishes to see if the five ways (drinking decaffeinated beverages, taking a nap, going for a walk, eating a sugary snack, other) people use to combat midday drowsiness are equally...
-
Using the PewSocialMedia dataset, address this question: who is more likely to be bothered by people sharing too much information about themselves on Face-book, men or women?
-
Berg Company adopted a share-option plan on November 30, 2009, that provided that 70,000 shares of $5 par value ordinary shares be designated as available for the granting of options to officers of...
-
question 8 : Exercise 12-9 (Algo) Net Present Value Analysis and Simple Rate of Return [LO12-2, LO12-6] question 9 : Exercise 12-11 (Algo) Preference Ranking of Investment Projects [LO12-5] Derrick...
-
What is the output of the following code? public class Main { public static void main(String[] args) { int x = 0; for (x=0;x=5;x++) { System.out.print (x); } } } a. Infinite Loop b. 012345 c. 5 d....
-
Paolo and Alfredo are twins who both want to open pizza restaurants. Their parents have always liked Alfredo best, and they buy two pizza ovens and give both to him. Unfortunately, Paolo must buy his...
-
Twitter was founded in 2006, but it wasn't until 2013 that Twitter filed its first annual report with the Securities and Exchange Commission (SEC). Briefly explain why.
-
Explain the difference between an estimate and an estimator. Is it true that a good estimator always leads to a good estimate?
-
Let two planes be given by 2x-y+z = 8 and z = x+y-5 (a) Find the angle between the two planes. Leave your answer in degrees and round to the nearest tenth. (b) Find the vector equation of the line of...
-
9-2. The profile of a gear tooth shown in Fig. P9.2 is approximated by the trigonometric equation y(x) = a. Estimate the area A using eight rectangles of equal width A x = 1/8, b. Calculate the exact...
-
tube is hinged to a rotating base as shown in Fig. 4. At the instant shown, the base rotates about the z axis with a constant angular velocity ! 1 = 2 rad/s. At the same instant, the 2 tube rotates...
-
Find the limit analytically. -7x2+5x-10 lim 0 9x+13x+11 Find the limit analytically. lim +80 4x-13 5x+6x-11
-
Write a recursive function for the running time T(n) of the function given below. Prove using the iterative method that T(n) = (n). function( int n) { if(n=1) return; for(int i = 1; i
-
Define A = {1, 4, 6, 7}, B = {3, 6, 9}, C = {5, 8, 9}. a) What are the outcomes in the event A or B? b) What are the outcomes in the event A and B? c) What are the outcomes in the event A or B or C?
-
You are standing at x = 9.0 km and your assistant is standing at x = 3.0 km. Lightning bolt 1 strikes at x = 0 km and lightning bolt 2 strikes at x = 12.0 km. You see the flash from bolt 2 at t = 10...
-
An investor is considering buying some land for $100,000 and constructing an office building on it. Three different buildings are being analyzed. *Resale value to be considered a reduction in cost,...
-
Using benefit-cost ratio analysis, determine which one of the three mutually exclusive alternatives should be selected. Each alternative has a 6-year useful life. Assume a 10% MARR A $560 $340 $120...
-
Consider four alternatives, each of which has an 8-year useful life; If the MARR is 8%, which alternative should be selected? Solve the problem by benefit-cost ratio analysis. D Cost $100.0 $80.0...
-
You are the digital marketing director for High West fashions, a regional clothing company that specializes in custom t-shirts. Your company has decided to launch an online advertising campaign that...
-
In-the-money put options will automatically get exercised at the expiration. True OR False
-
Which of the following examples of business-use property is NOT eligible for Section 1231 treatment when sold at a gain? * Sale of land held for three years. Net gain from a casualty gain on a dump...
Study smarter with the SolutionInn App