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Bailey Lubben
on Nov 04, 2024

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Refer to Scenario 7.2. A yearly normal return for your company is

A) $20,000.
B) $40,000.
C) $60,000.
D) $100,000.

Normal Return

The minimum profit needed by investors to justify the capital invested in a business venture, often equated to the opportunity cost.

Total Revenue

Total Revenue is the total amount of money received by a firm from sales of goods or services before any expenses are deducted.

  • Recognize the standard rate of return and its significance in the computation of economic profits.
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JG
JanPaul GonzalesNov 09, 2024
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