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Teaching Since: Apr 2017
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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 03 May 2017 My Price 9.00

Jim decides to start a business manufacturing toothpaste.

Jim decides to start a business manufacturing toothpaste. Which of the following would be included in the accounting costs of the undertaking?

 

a. $100,000 of Jim's own money that he invests to start up the business.

b. Interest Jim could have made if he put the $100,000 into a savings account instead.

c. Money Jim could make if he got a job at a local shampoo factory instead.

d. Costs of toothpaste ingredients Jim needs to purchase each week.

e. Both a and d are true.

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Status NEW Posted 03 May 2017 07:05 PM My Price 9.00

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