Many owners of small businesses do not pay themselves a salary. What effect will this practice have

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Many owners of small businesses do not pay themselves a salary.

What effect will this practice have on the calculation of the firm’s accounting profit? Economic profit? Explain.

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Managerial Economics Theory And Practice

ISBN: 978-0127408521

1st Edition

Authors: Thomas J Webster

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Question Posted: Oct 07, 2024 06:00 AM

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Many owners of small businesses do not pay themselves a salary. What effect will this practice have on the calculation of the firms accounting profit? Economic profit? Explain.
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Many owners of small businesses do not pay themselves a salary. What effect will this practice have

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Managerial Economics Theory And Practice

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