Explicit and implicit costs) amos mccoy is currently raising corn on his 100-acre farm and earning an accounting profit of $100 per acre. however, if he raised soybeans, he could earn $200 per acre. is he currently earning an economic profit? why or why not?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%