Economic profit()
A: will never exceed
accounting profit.
B: is most often equal
to accounting profit.
C: is always at least
as large as accounting profit.
D: is a less complete
measure of profitability than accounting profit.
A: will never exceed
accounting profit.
B: is most often equal
to accounting profit.
C: is always at least
as large as accounting profit.
D: is a less complete
measure of profitability than accounting profit.
举一反三
- ______________ is a measure of incomeor profit divided by the investment required to obtain that income or profit.
- 会计利润（accounting profit）
- Economic profit is A: both b and c B: the difference between total revenue and the implicit costs of using owner-supplied resources. C: the difference between accounting profit and the opportunity cost of the market-supplied resources used by the firm. D: the difference between accounting profit and explicit costs. E: the difference between total revenue and the opportunity cost of all of the resources used in production.
- 中国大学MOOC: Under current cost accounting, goods sold are charged to profit or loss at:
- Given the data in the previous question, what is the net profit of the accounting period? A: $6,600. B: $7,900. C: $8,600. D: $8,900.