This topic contains a solution. Click here to go to the answer

Author Question: Assume Brad worked as a contractor for a year and had revenues of 120,000 and explicit cost of ... (Read 93 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
Assume Brad worked as a contractor for a year and had revenues of 120,000 and explicit cost of 70,000 . If he could have been paid 80,000 working for a computer company, his:
 a. accounting profit equaled 10,000 and he would be rational to stop working as a contractor.
  b. accounting profit equaled 50,000 and he would be rational to continue working as a contractor.
  c. economic profit equaled 50,000 and he would be rational to continue working as a contractor.
  d. economic profit equaled -30,000 and he would be rational to stop working as a contractor.

Question 2

Yield on a bond refers to:
 a. the coupon-rate of the bond.
  b. the money earned by selling a bond.
  c. the return from a bond after its maturity.
  d. the difference between the face value of a bond and the bond price.
  e. the annual return until the bond matures.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

d

Answer to Question 2

e




Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library