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Andre45 [30]
3 years ago
14

Xavier opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two h

ours, he could have mowed his neighbor’s lawn for $40. Xavier has an accounting profit of _____ and an economic profit of ____.
A) $50, $10B) $90, $50C) $10, $50D) $50, $90
Business
2 answers:
Anestetic [448]3 years ago
7 0

Answer:

A

Explanation:

iVinArrow [24]3 years ago
4 0
Your answer would be B
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Answer:

Review all the Markups and make the requiered changes

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If convertible bonds were issued at a discount, when computing diluted EPS, the amortization of the bond discount: Multiple Choi
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<u>Answer:</u> Option 1

<u>Explanation:</u>

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Bryce Corporation has pretax accounting income of $100,000. Bryce has interest on municipal bonds of $7,000. Depreciation for ta
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Answer:

$90,000

Explanation:

It is given that :

The pretax accounting income of Bryce Corporation               100,000

The interest on the municipal bonds                                            - 7,000

The depreciation                                                                            - 5,000

The difference in bad debt expense (3000-1000)                   <u>    +2,000</u>

So the total income of Bryce Corporation                                  $ 90,000                      

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