If a firm goes out of business because of negative economic profits, its books
A. might suggest a mistaken value of explicit costs.
B. might indicate a positive accounting profit.
C. might indicate that opportunity costs were zero.
D. might indicate that taxes are too high.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a firm goes out of business because of negative economic profits, its books A. might suggest a mistaken value of explicit costs. B. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Desi's adjusted basis of her partnership interest was $40,000 immediately before she received a distribution in full liquidation of her Makris partnership interest. (The partnership had no hot assets and also liquidated.
Answers (1)
hat is the approximate dollar cost of the tuition and other fees associated with the economics course you are taking? Does this dollar cost fully reflect the opportunity cost to you of taking the cou
Answers (1)
When is liability insurance needed?
Answers (1)
The free-rider problem occurs when
Answers (1)
Mullineaux Corporation has a target capital structure of 65 percent common stock, 5 percent preferred stock, and 30 percent debt. Its cost of equity is 12 percent, the cost of preferred stock is 4 percent, and the pretax cost of debt is 5 percent.
Answers (1)
New Questions in Business
Suppose the Board of Directors of The Staten Island Suppliers Co. announces on October 4th that the regular quarterly dividend of 50 cents per share will be payable to the holders of record at the close of business on November 15th 2019.
Answers (1)
Many government? programs, such as unemployment? compensation, operate on a deficit during recessions and a surplus during periods of economic expansion. the programs are referred to as
Answers (1)
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three years and is now at its lowest level in over sixty years.
Answers (1)
For Year 2, Etzkorn Corporation's sales were $1,480,000, its gross margin was $580,000, its net operating income was $63,714, its net income before taxes was $42,714, and its net income was $29,900.
Answers (1)
An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that was not taxable. this year, she did not receive a check from the insurer.
Answers (1)