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Calculate Emilia Accounting Profit and economic profit? Emilia is a civil rights lawyer with her own firm. She travels the country and provides legal advice

Emilia is a civil rights lawyer with her own firm. She travels the country and provides legal advice to Calculate Emilia Accounting Profit and economic profit?

Emilia is a civil rights lawyer with her own firm. She travels the country and provides legal advice to high-profile clients. Last year, she earned $250,000 in revenue for her services. She pays one employee $50,000 to manage her office in Vancouver and pays $30,000 for rent and utilities for that office. Her accountant tells her that if she sold all her office equipment, she could put that money in the bank and earn $3,000 in interest next year. Emilia also has received an offer to teach law at Simon Frasier University at a salary of $100,000.

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