The Table Below Provides the Total Revenues and Costs for a Small

question 41

Multiple Choice

The table below provides the total revenues and costs for a small landscaping company in a recent year. $$\begin{array} { | l | l | } \hline \text { Total Revenues }(\$) & 250000 \\\hline & \\\hline \text { Total Costs }(\$) & \\\hline \text { wages and salaries } & 150000 \\\hline \text { risk-free return of } 2 \% \text { on owner's capital of } \$ 20000 & 400 \\\hline \text { interest on bank loan } & 1500 \\\hline \text { cost of supplies } & 27000 \\\hline \text { depreciation of capital equipment } & 8000 \\\hline \text { additional wages the owner could have earned in next } & 30000 \\\text { best alternative } & \\\hline \text { risk premium of } 4 \% \text { on owner's capital of } \$ 20000 & 800 \\\hline\end{array}$$ TABLE 7- 2
-Refer to Table 7- 2.The implicit costs for this firm are

• A)$400.
• B)$31 200.
• C)$30 400.
• D)$30 800.
• E)$800.

---

Definitions:

Latch Instruction

The Latch Instruction in programmable logic controllers (PLCs) is used to maintain the output state until a specific reset condition is met.

Timer Instruction

An instruction in programming that initiates a timer, controlling how long a certain operation or event should last before proceeding.

Duplicate Programming

The practice of unnecessarily repeating code or functionality within a software application, which can lead to inefficiency.