On December 1, Year 1, Axel Financial purchased $50,000 of bonds issued by Lamb Company at face value. The bonds mature in ten y

Answer:

1. a. $950,000.
2. $150,000.
3. a. $1,115,000.
4. d. -$15,000.
5. b. the difference between what a person currently makes and what they would earn in their best alternative.

Explanation:

1. Chris's accounting costs

The accounting cost reflects the explicit expenses of the venture. They are the usual costs;

= Parts and materials needed for restoration + Salaries of employees + His salary + Rent along with utilities

= 400,000 + 360,000 + 110,000 + 80,000

= $‭950,000‬

2. Chris's accounting profits

= Revenue - Accounting cost

= 1,100,000 - 950,000

= $150,000

3. Chris's economic cost

These consist of explicit costs plus implicit (opportunity) costs.

The opportunity cost represents the next best option which amounts to $275,000 should he have taken the position with Jay Leno as a personal auto restorer.

This means forgoing the $110,000 he makes currently.

= Accounting cost + Foregone salary - Current salary

= 950,000 + 275,000  - 110,000

= $1,115,000

4. Chris's economic profit

= 1,100,000 - 1,115,000

= -$15,000

5. b. the difference between what a person currently makes and what they would earn in their best alternative.

Answer:

To tackle this issue, let's begin by calculating the total expenses:

Total expenses = Capital expenses + Capital cost

Total expenses = $20 M + 0.10 * $20 M

Total expenses = $22 M

The break-even price reflects when total income matches total expenses. Thus:

$15 M + 20,000 * X = $22 M

Where X indicates the break-even cost per room for one night

Calculating for X:

20,000 * X = $7 M

X = $350

Thus, the break-even rate is $350 per room for one night.

Explanation:

Mark as brainiest

Answer:

We need to evaluate the possible gains from selecting one order over the other:

Current costs for JTM:

• $12 variable per unit
• $4 fixed per unit

If JTM proceeds with Firm A's order, its fixed costs will remain unchanged and it stands to gain an additional profit of: ($17 - $12) x 10,000 = $50,000.

However, if JTM opts for Firm B's order with its existing cost framework, it lacks the capacity to fulfill it unless variable or fixed costs rise—though we can’t ascertain by how much. Therefore, the contribution margin would likely be less than the $5 obtainable from Firm A's order.

Alternatively, JTM could accept Firm B's order while foregoing the sale of 2,000 units through standard sales channels. This choice would enhance profits but would also incur a loss of regular profits:

($5 x 14,000 units) - ($6 x 2,000 units for forgone regular profits) = $70,000 - $12,000 = $58,000. If JTM manages to cancel the sale of those 2,000 units, Firm B's proposition would increase profits by $58,000, surpassing Firm A's by $8,000, but this hinges on the feasibility of canceling the routine sales.

NEPAL TOURISM AND OCCUPATIONS RELATED TO IT

Explanation:

Occupations associated with the tourism industry comprise

• Travel agents
• Guides for nature parks
• Organizers of meetings
• Map makers
• Professionals in tourism
• Wine stewards
• Tour operators, among others.

IMPORTANCE OF TOURISM WITH REFERENCE TO NEPAL

• A primary significance is the foreign currency exchange as it holds a much higher value than other tourism destinations.
• Exports to various countries from Nepal are inexpensive, and many goods are produced in bulk.
• It provides opportunities for mountaineering and various adventure activities.
• The affordable living standards draw numerous travelers from around the globe.