Distinguish among accounting profit, economic profit, and normal profit. What does it mean for a firm to be suffering an economic loss? Does this imply that the firm is earning negative profit in the accounting
Before a project is considered successful, its profitability needs to be considered. Job costing tracks and analyzes all project costs which helps with accurate cost tracking. As a result, project stakeholders can calculate the totalproject cost, determine the gross profit and determine the profit ma...
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“If you don’t qualify for the home sale exclusion, or the profit from your home sale is greater than the exclusion amount, the tax rate that applies to your taxable profits depends on how long you owned the home. If you owned it for one year or less, the same tax rates ap...
the AI space. For instance, even if Nvidia's GPUs were to sustain their computing superiority for years to come, minimizing the AI-GPU scarcity over time that had propelled its pricing power and gross margin would be a decisive negative for a company that was, arguably, priced f...
Recently, gamers have beencriticizingvideo game companies' push into microtransactions for add-on content. These sales are what drive in-game spending, which made up 42% of Take-Two's total net bookings in fiscal Q2.NBA 2K18was one game that drew some negative reactions from the gaming commu...
Sorry to be so negative, but this is extremely lame and a lack of concern for a long time customer. This company I now work for and myself have been using QBs (in some form) for over 16 years. Not great care for something very hard to find in this ...
The higher the degree that gross profit is greater than total revenue, the more efficient your company is in employing its assets to generate sales. An acceptable gross profit margin varies by industry, so you should compare the figure to that of competitors and industry averages. A large numb...
What is the profit-maximizing rule for firms? Explain why it makes sense. Why does profit maximization ignore the risk and return factors? Why do firms make economic profits in the long run regardless if they make positive or negative profits in the...
Rachel has a target of working for 15 more years until her youngest son graduates college. Once both kids are through college, this will free up roughly $200,000 a year in after-tax children related expenses, which is equivalent to roughly $333,300 in gross income based on their 40% eff...