What are implicit and explicit costs and how are accounting profits often distinct to that of economic

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What are implicit and explicit costs and how are accounting profits often distinct to that of economic profits? Also, based on your reading of the notes pertaining to Shark Tank, explain how the concept of Present Value is used by the Sharks in determining a businesses value, ie capitalization

Posted Date: May 18, 2024 07:15 PM

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What are implicit and explicit costs and how are accounting profits often distinct to that of economic

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