subject
Business, 10.12.2019 02:31 jexvilla

Barney decides to quit his job as a corporate accountant (which pays $10,000 a month) and go into business for himself as a certified public accountant. he decides not to rent office space downtown, but instead sets up shop in his converted garage apartment, which he could rent out for $300 a month if he wasn't using it as his own office. he must purchase office supplies worth $75 a month, and his monthly electricity bill has increased by $50 now that he is working out of his home office. after six months of working from home, barney has earned an average of $12,000 per month. a. what are barney's average monthly accounting profits? b. what are barney's average monthly economic profits?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:30
Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.
Answers: 1
question
Business, 22.06.2019 08:30
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
question
Business, 22.06.2019 17:30
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 20:00
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
You know the right answer?
Barney decides to quit his job as a corporate accountant (which pays $10,000 a month) and go into bu...
Questions
question
Mathematics, 18.03.2021 01:20
question
Social Studies, 18.03.2021 01:20
question
Mathematics, 18.03.2021 01:20
question
Mathematics, 18.03.2021 01:20