What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? explain?

Who should you' alert that you are interviewing for jobs? A. Your references B. Other possible employers C. Your classmates D. Your present employer

A company is analyzing its month-end results by comparing it to both static and flexible budgets. During the month, the actual variable costs per unit were lower than the expected variable costs per unit as per the static budget.

List the following in order of most to least liquid

Craigmont company's direct materials costs are $3,000,000, its direct labor costs total $7,000,000, and its factory overhead costs total $5,000,000. its conversion costs total:

In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $16,000 and ending work in process inventory of $21,000.

The same person opens incoming mail and posts the accounts receivable subsidiary ledger.

George failed to pay $5,000 of income tax due with the filing of his return, which was timely filed on April 15th. He waits until June 10th after April 15th to pay the tax. How much will his penalties be?

On November 1, 2019, Juno, Inc. declared a dividend of $3.00 per share on common stock. Juno, Inc. has 10,000 shares of common stock outstanding and 20,000 shares of preferred stock.

Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.

An asset was purchased for $60,000 and originally estimated to have a useful life of 10 years with a residual value of $3,000.