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The only ownersupplied input in a corporation is its equity, which is the value of the corporation's assets less any debts owed to its creditors.
The only ownersupplied input in a corporation is its equity, which is the value of the corporation's assets less any debts owed to its creditors. The equity of the W2 Corporation this year is $1,000,000, and the owner forgoes a return of 8% per year by keeping the equity in the corporation. The accounting profits for the year are $50,000. This year, the M Corporation 0 a. incurred an economic loss of $50,000. 0 b. earned zero economic profit. 0 c. incurred an economic loss of $30,000. 0 d. earned an economic profit of $30,000. 0 e. earned an economic profit of $50,000
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