Complete the sentences to illustrate how economists and accountants view profit differently. Economic profit is always zero. typically higher than accounting profit. typically lower than accounting profit. Economic costs and accounting costs differ because accountants include both explicit and implicit costs. only explicit costs. only implicit costs. neither explicit nor implicit costs. Economic costs and accounting costs differ because economists include neither explicit nor implicit costs. only explicit costs. both explicit and implicit costs. only implicit costs.

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes