Author Question: Economic profit equals A) accounting profit plus the cost of capital. B) accounting profit minus ... (Read 121 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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library