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Why should the opportunity costs of a farmer's labor, capital, and management be included on an enterprise budget? 23. Can a business be solvent but
Why should the opportunity costs of a farmer's labor, capital, and management be included on an enterprise budget? 23. Can a business be solvent but not liquid? Explain why or why/how or why not. 24. Economic budgeting as is typically done in enterprise analysis gives us the economic profit, as opposed to accounting profit. What is typically included in economic budgets to cause this difference?
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