Which of the following terms is correct?
a. Economic profit takes into account all cost...
Business, 18.04.2020 04:12 kevonmajor
Which of the following terms is correct?
a. Economic profit takes into account all costs involved in producing a product.
b. Economic profit always exceeds accounting profit.
c. Accounting profit is not relevant in preparing the firm's financial statement.
d. Accounting profit is the same as economic profit.
Answers: 3
Business, 21.06.2019 14:50, babyj93
Calvin works at a facility which processes apples. it costs the facility $0.68 to make either a jar of applesauce or a bottle of apple juice. due to the nature of the process and contractual agreements, calvin's facility must make and sell three jars of applesauce for every two bottles of apple juice. a jar of applesauce sells for $2.20, and a bottle of apple juice sells for $3.15. if the facility has annual overhead costs of $368,500, not including production costs, how many bottles of apple juice will the facility have sold when it breaks even every year? round to the nearest whole bottle, if necessary.
Answers: 3
Business, 22.06.2019 02:00, mckinley2006
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
History, 06.11.2021 07:50
Biology, 06.11.2021 07:50