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Consider the following table of Actual earnings: Firm A Actual earnings $ 6,000 10% BVt-1 $100,000 Firm B $ 14,000 8% 8% $150,000 Firm C
Consider the following table of Actual earnings: Firm A Actual earnings $ 6,000 10% BVt-1 $100,000 Firm B $ 14,000 8% 8% $150,000 Firm C $ 18,000 12% $190,000 What are the abnormal earnings for Firm C? What are the abnor Multiple Choice $(2,400) $(4,800) $4,800 $9,600
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