A manufacturer invests $30 million in a factory to produce pencils that will earn $2 million in accounting profit per year. assuming the money tied up in the factory could be earning a 10 percent rate of interest in the bank, the manufacturer will bear an opportunity cost (in terms of forgone interest) of
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A manufacturer invests $30 million in a factory to produce pencils that will earn $2 million in accounting profit per year. assuming the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.