Is accounting profit or economic profit larger? Why?
Question:
Is accounting profit or economic profit larger? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Accounting profit is larger Only explicit costs are subtracted from to...View the full answer
Answered By
Joel mwangi
Greetings! I am a highly qualified and dedicated tutor with a passion for instilling a love for the sciences in my students. Holding a Master's degree in Chemistry, I bring over a decade of enriching experience in teaching both Biology and Chemistry at higher levels. My academic background has equipped me with a deep understanding of the subject matter, allowing me to foster a dynamic and engaging learning environment.
My expertise extends beyond traditional classrooms, as I have successfully navigated the realm of online tutoring for over 5 years. This experience has honed my ability to adapt to diverse learning styles and create personalized approaches that cater to individual needs. I find immense joy in breaking down complex scientific concepts into digestible, easy-to-understand components, ensuring that my students not only grasp the material but also develop a profound appreciation for the subject matter.
Beyond the confines of the laboratory, my interests span across both physical and social sciences. This broad perspective allows me to connect seemingly disparate ideas, offering a holistic understanding of the interconnectedness of various scientific disciplines. I am not only a teacher but also a lifelong learner, continuously seeking new ways to enhance my own knowledge and share these insights with my students.
One of my standout skills lies in my mastery of various writing formats. This proficiency enables me to guide students not only in understanding scientific principles but also in expressing their ideas eloquently in both oral and written forms. I firmly believe that effective communication is paramount in the learning process, and I strive to empower my students with the skills necessary to articulate their thoughts with clarity and precision.
My commitment to excellence is reflected not only in my academic qualifications and teaching experience but also in my high proficiency in the English language. Clear communication is the cornerstone of effective teaching, and I ensure that my students are equipped with the language skills needed to excel in their academic pursuits.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The growth of international activities has been rapid over time. These activities include areas of international trade, international investment, international bond and equity offerings, capital...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Every real number is either a/an number or a/an_______ number.
-
Amphotericin B is often referred to as "Amphi-Terrible" in medical settings due to its effects in treated patients. Describe when this drug should be prescribed, and provide a biological reason for...
-
The percent of concentration of a drug in the bloodstream t hours after the drug is administered is given by for t 0. (a) On what time intervals is the concentration of the drug increasing?...
-
What would you say to a marketing manager who wished to use only one global model across his entire clientele, rather than trying segmentation models?
-
Assume that LBJ Group (LBJ), a European engineering firm, engaged in the following six transactions during the year ended December 31, Year 3. LBJ applies U.S. GAAP and reports its results in...
-
Which of the following adjusting entries will cause assets and stockholders' equity to increase? Adjusting for services provided and collected. that were collected in advance. but not yet collected.
-
When can a business owner be earning a profit but not covering costs?
-
Suppose everything about two people is the same except that currently one person earns a high salary and the other person earns a low salary. Which person is more likely to start his or her own...
-
In Problems 2932, show that the given set V is closed under addition and under multiplication by scalars and is therefore a subspace of R 3 . V is the set of all (x, y, z) such that x + y + z = 0.
-
1) Why do you believe that in recent years PE sponsors have increasingly chosen to buy debt in their distressed LBOs? 2) What are the pros and cons of this investment strategy? 3) What issues are...
-
Paper Street Soap Company Ltd conducts a business that makes luxury soaps. It operates a factory in Oyster Bay near Sydney. The factory contains a large amount of equipment that is used in the...
-
TRANSACTION ANALYSIS: Dartmouth Ties Corporation is a merchandising company that has been in operation for two years. The company sell high - end ties for men. They purchase their inventory from...
-
Using your knowledge of types of group influence and of subcultures, explain the potential impact on consumer behavior of Methodism's tightening of its ban on gay marriage and LGBTA clergy. Write in...
-
A language L over an alphabet is co-finite, if * \ Lis empty or finite. Let COFNFA = {(N) | N is a NFA accepting a co-finite language}. Show that COF NFA is decidable.
-
What are the purposes of the income statement?
-
Suppose a population of bacteria doubles every hour, but that 1.0 x 106 individuals are removed before reproduction to be converted into valuable biological by-products. Suppose the population begins...
-
Domino is 4 0 years old and is married out of community of property with the exclusion of the accrual system to Dolly ( 3 5 ) . They have one child, Domonique, who is 1 1 years old. Domino resigned...
-
YOU ARE CREATING AN INVESTMENT POLICY STATEMENT FOR JANE DOE General: 60 years old, 3 grown children that are living on their own and supporting themselves. She is in a very low tax rate so we don't...
-
firm purchased a new piece of equipment with an estimated useful life of eight years. The cost of the equipment was $65,000. The salvage value was estimated to be $10,000 at the end of year 8. Using...
Study smarter with the SolutionInn App