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3 January, 05:08

Veruca sells therapeutic bath salts on the Internet. Her annual revenue is $52,000 per year, the explicit costs of her business are $14,000, and the opportunity costs of her business are $17,000 per year. What is her accounting profit? A. $14,000 B. $21,000 C. $31,000 D. $38,000

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  1. 3 January, 08:08
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    D. $38,000

    Explanation:

    The formula to compute the accounting profit is shown below:

    Accounting profit = Annual revenue - Explicit cost

    = $52,000 - $14,000

    = $38,000

    It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.
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Home » Business » Veruca sells therapeutic bath salts on the Internet. Her annual revenue is $52,000 per year, the explicit costs of her business are $14,000, and the opportunity costs of her business are $17,000 per year. What is her accounting profit? A. $14,000 B.
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