Use the given information to compute accounting profit and

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Reference no: EM13390292

Use the following information to calculate accounting profit and economic profit.

Sales $100

Employee expenses $40

Inventory expenses $20

Value of owner's labor in any other enterprise $40

General Barclays Bank Microsoft

Motors

Sales $50,091 $5,730 $2,750

Wages and

salaries $29,052 $3,932 $ 400

Cost of capital $12,100 $ 750 $ 35

Interest on debt $ 7,585 $ 275 $ 5

Cost of materials $ 6,500 $ 556 $1,650

Reference no: EM13390292

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