This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: April quit her job as an accountant at Ernst and Young, where she was paid $45,000 per year. She ... (Read 120 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: May 24, 2019
April quit her job as an accountant at Ernst and Young, where she was paid $45,000 per year. She started her own landscaping business. She rents machines and tools for $50,000 and pays $10,000 as wages to her help. These are her only costs. April earned total revenue of $100,000.
◦ Her accountant calculates her profit as $40,000.
◦ She has an economic loss.
◦ Her explicit cost is $105,000.
◦ Both answers Her accountant calculates her profit as $40,000 and She has an economic loss are correct.
◦ Both answers Her accountant calculates her profit as $40,000 and Her explicit cost is $105,000 are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by asmith134 on May 24, 2019

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


asmith134

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: May 24, 2019
Thank you!


nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

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?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

A young cane toad (Bufo marinus) A young cane toad (Bufo marinus)
The Yorktown Campaign, April to September 1781 The Yorktown Campaign, April to September 1781
Middle age brings greater career satisfaction than young adulthood, sometimes through major job ... Middle age brings greater career satisfaction than young adulthood, sometimes through major job ...
Development of Morality in Young Children Development of Morality in Young Children
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library