Sonya used to earn $25,000 a year selling real estate, but she now sells greeting cards. the return to entrepreneurship in the greeting cards industry is $14,000 a year. over the year, sonya bought $10,000 worth of cards from manufacturers and sold them for $58,000. sonya rents a shop for $5,000 a year and spends $1,000 on utilities and office expenses. sonya owns a cash register, which she bought for $2,000 with funds from her savings account. her bank pays 3 percent a year on savings accounts. at the end of the year, sonya was offered $1,600 for her cash register. calculate sonya’s explicit costs, implicit costs, and economic profit.

Goods and services that can be used for the same purpose are and goods and services that are used together are

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.