A web designer quits a project where she was paid $50,000 on completion of the project. She starts a new company with sales revenues of $550,000 last year, while spending $250,000 on compensation for employees (excluding herself), $70,000 on capital, and $30,000 on materials. What was the firm’s economic profit?

Maia wants to have a career in quality assurance. which best lists the qualifications she may need to succeed in this career? a.knowledge of cad, mechanical and electrical knowledge, and logic b.ability to use lab equipment, operate computers, and examine evidence c.financial skills, dependability, and dexterity for physical labor d.math skills, physical strength, and ability to use tools and machinery

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.