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9.What is the accounting and economic profit for the following. A sport consulting partnership generated $575,000 in gross revenue while having business expenses totaling $490,000.
9.What is the accounting and economic profit for the following. A sport consulting partnership generated $575,000 in gross revenue while having business expenses totaling $490,000. Prior to forming the partnership each partner earned a salary of $80,000.
10.What are the two main jobs of the Fed and how do they achieve them?
11.When preparing a budget, illustrate variable and fixed costs and how they should be managed.
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