Business

Mcclain

22 June, 14:26

Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. when deciding to open her own business, she turned down a job offer with annual salary of $ $45,000. what is jacqui's economic profit from running her own business? $-5,000 $-55,000 $5,000

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. when deciding to open her own business, she ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Suppose an interest of 5% for two years can be earned on $1,000 saved today with no risk. What is the least amount a person would need to have a 50% chance of winning to be willing to face a 50% chance of losing $1,000 today and be considered risk

The following information has been gathered for the GHI Manufacturing Company for its fiscal year ending December 31: Actual manufacturing overhead costs $ 212,500 Actual direct labor hours 54,900 Actual direct labor costs $ 445,000 Estimated

Inventor and Entrepreneurs are: A. are often one and the same B. never work well together C. both have the skills to quickly sell the product they invented D. can work together to innovate products and bring them to stores E.

Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only select one best alternative. b. The decision maker can develop subjective estimates and weights for choosing an alternative. c.

What are some various types of corporations?

New Questions in Business

Keithomp, a company that manufactures and exports candies, sells different flavors of candy depending on the taste preferences of the country that it supplies to.

Kane Company's employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is, an employee is entitled to the pay even if employment terminates).

Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.

Which of the following actions will likely cause a project to fail? A) dedicating valuable team member time to identify risk events B) spending project funding to procure needed tools and spare parts C) unclear or conflicting stakeholder

Mcgregor company allows customers to pay with credit cards. the credit card company charges mcgregor 2% of the sale. when a customer uses a credit card to pay mcgregor $300 for services provided, mcgregor would: