BuyFind

Economics:

10th Edition
BOYES + 1 other
Publisher: Cengage Learning
ISBN: 9781285859460
BuyFind

Economics:

10th Edition
BOYES + 1 other
Publisher: Cengage Learning
ISBN: 9781285859460

Solutions

Chapter
Section
Chapter 23, Problem 15E
Textbook Problem

GM’s net income in 2010 was $4.7 billion. What would its accounting profit be if its cost of equity capital was $5 billion? What would its economic profit be if its cost of equity capital was $5 billion?

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