Jaynet spends $50,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. However, she turned both jobs down to continue a painting career. If Jaynet sells 35 paintings per year at a price of $6,000 each:.
a. what are her accounting profits?
b. what are her economic profits?
Answers: 1
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Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
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China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.
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Jaynet spends $50,000 per year on painting supplies and storage space. She recently received two job...
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