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[MUST SHOW WORK] Josh quits a $20,000-a-year job at Tim Hortons, borrows $10,000 on his VISA card at a 5% interest rate, and opens a
[MUST SHOW WORK] Josh quits a $20,000-a-year job at Tim Hortons, borrows $10,000 on his VISA card at a 5% interest rate, and opens a coffee shop in downtown Toronto. Josh pays himself $30,000 a year. After one year, he earned economic profits of $5,000. His accounting profits are Select one: Q A. $20,000. O B. - $4,500. 0 C. -$25,000. O D. $25,500. 0 E. $25,000
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