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? What effect will it have on the firm’s economic profit? Explain.

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Managerial Economics: Tools For Analyzing Business Strategy

ISBN: 307174

1st Edition

Authors: Thomas J Webster

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Question Posted: Oct 08, 2024 08:04 AM

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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: Tools For Analyzing Business Strategy

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