Author Question: Economic profit equals A) accounting profit plus the cost of capital. B) accounting profit minus ... (Read 397 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
Economic profit equals
 A) accounting profit plus the cost of capital.
  B) accounting profit minus the cost of capital.
  C) accounting profit minus interest payments.
  D) accounting profit plus interest payments.

Question 2

A decrease in costs may not increase economic profit.
  Indicate whether the statement is true or false



meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library