subject
Business, 10.03.2020 18:38 cricri2347

Accounting versus economic profit During a particular year, an advertising firm has the following costs: $575,000 in wages and salaries paid to employees; $70,000 in rental payments for office space; and $27,000 for office supplies, advertising, and utilities. In addition, Susan, the owner of the firm, works for the firm full time (and is not paid a salary, since she gets the firm's profit). If she did not work for the advertising firm, Susan could earn $120,000 per year working as an advertising agent for another firm. For each possible amount of total revenue, fill in the accounting profit and economic profit of the advertising firm. Total Revenue ($) Accounting Profit ($) Economic Profit ($) 750,000 800,000 850,000900,000

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, leomessifanboy678
Witch is an example of a non durable good?
Answers: 1
image
Business, 22.06.2019 13:40, moneytt2403
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
image
Business, 22.06.2019 15:00, menendezliliana5
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
image
Business, 22.06.2019 21:30, girlhooper4life11
Suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. if each of them worked 20 hours per week, how should they split their time between the production of street tacos and cuban sandwiches? what is their maximum joint revenue?
Answers: 3
You know the right answer?
Accounting versus economic profit During a particular year, an advertising firm has the following co...

Questions in other subjects:

Konu
Mathematics, 28.10.2019 21:31