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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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8 years ago
It is important for a business firm to have a residual claimant because
A) income not claimed for accounting purposes is lost.
B) otherwise surplus profits would set off a process of "profit inflation.'
C) residuals account for as much as thirty percent of the wealth generated annually in the United States.
D) some person must finally be liable for all corporate acts.
E) the claimant produces an effective incentive to consider all costs and benefits relevant to a firm.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
No problemo Happy Dummy
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