subject
Business, 21.12.2019 04:31 jjaerere6609

As part of an estate settlement mary received $1 million. she decided to use the money to purchase a small business in anywhere, usa. if mary would have invested the $1 million in a risk-free bond fund she could have made $100,000 each year. she also quit it her job with lucky. com inc. to devote all of her time to her new business; her salary at lucky. com inc. was $75,000 per year.
at the end of the first year of operating her new business, mary's accountant reported an accounting profit of $150,000. what was mary's economic profit?

a. $25,000 loss
b. $50,000 loss
c. $25,000 profit
d. $150,000 profit 13.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Can you post a video on of the question that you need on
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price
Answers: 1
question
Business, 23.06.2019 00:30
Industrial engineers who specialize in ergonomics are concerned with designing workspace and devices operated by workers so as to achieve high productivity and comfort. a paper published in this research area reports on a study of preferred height for an experimental keyboard with large forearm-wrist support. a sample of 31 trained typists resulted in an average preferred height of 80.0 cm
Answers: 1
question
Business, 23.06.2019 10:00
Vincent enjoys investing his money in ways that can generate a return. he realizes that also a chance that his investment will decrease in value. this chance is known as a. opportunity cost b. risk c. recession d. deterioration
Answers: 1
You know the right answer?
As part of an estate settlement mary received $1 million. she decided to use the money to purchase a...
Questions
question
Mathematics, 02.12.2020 04:50
question
Mathematics, 02.12.2020 04:50
question
Mathematics, 02.12.2020 04:50
question
Biology, 02.12.2020 04:50
question
Chemistry, 02.12.2020 04:50
Questions on the website: 13722363