Economic profit<span> is the difference between total monetary revenue and total costs, but total costs include both explicit and implicit costs. </span>Economic profit<span> includes the opportunity costs associated with production and is therefore lower than </span>accounting profit<span>.</span>
Answer: A limited liability company
Explanation:
A limited liability company is a company in which the liability of members is limited to the amount of money invested in the business.
The characteristics of a limited liability company includes:
1. Limited liability - the liability of members is limited to the amount invested by members.
2. Members have the option of managing the company by themselves or employing managers.
3. The Limited liability company is a separate legal entity from its members.
so she wants to make sure all her correspondence with the authors is professional and looks formal. charlotte has added a citation to the documents on which she is working. in the process of her doing so, word has added the source that she introduced to a ____ of sources, which is now available to any document created using the same user account on that computer.
Answer:
The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.
Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.
