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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
The Kentcare Corporation is earning an 8% return on their investment.  If investments elsewhere are paying 10%, the firm is
A) earning economic profit but not accounting profit.
B) unprofitable in both an accounting and economic sense.
C) profitable in both an accounting and economic sense.
D) earning accounting profit but not economic profit.
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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wrote...
#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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