Consider the revenues and costs in 2019 for Spruce Decor Inc, an Alberta based furniture company entirely owned by M Harold Buford Furniture Sales $ 5.000 Catalogue Sales 1700 Labour Costs 530 ,000 Materials Corts 41 000 Advertising Costs 5,000 Debt Service Costs 530,000 What would accountants deleine Spruce Decor's profits to be in 20197 Spruce Decor's profits in 2019 equals 1. Suppose Mr Butid has 5375,000 of capital invested in Spruce Decor Also suppose that equally risky entreprises com a 16 percent rate of return on capital What is the opportunity cost for Mr Buford's capitan The opportunity cast for M Belor's capital is c. What are the econome profits for Spruce Decor in 2019 The economic pults for Space Decor in 2015 equal d. # Spruce Decor's economic profits were typical of furniture makers in 2019, what would you expect to happen in this industry Epla O A Entry would occur because economic profits are positive Cick to select your answers - Type here to search ( T 4. ENG acer 11 uppunum, LULUI MI. BUtolds capital is $. c. What are the economic profits for Spruce Decor in 2019? The economic profits for Spruce Decor in 2019 equals d. If Spruce Decor's economic profits were typical of furniture makers in 2019, what would you expect to happen in this industry? Explain O A. Entry would occur because economic profits are positive B. Exit would occur because economic profit is less than accounting profit O C. Exit would occur because economic profits are positive OD. Exit would occur because economic costs exceed accounting costs Click to select your answers) Type here to search acer Ese FIF2/3 415 F6 F8 89 (HO