-What Are the Abnormal Earnings for Firm A?
A)($4,000)
B)($6,000)

question 91

Multiple Choice

$\begin{array}{lrrr}&\text { Firm A }&\text { Firm B }&\text { Firm C }\\\text { Actual earnings } & \$ 6,000 & \$ 14,000 & \$ 18,000 \\r & 10 \% & 8 \% & 12 \% \\B V_{t-1} & \$ 100,000 & \$ 150,000 & \$ 190,000\end{array}$
-What are the abnormal earnings for Firm A?

• A)($4,000)
• B)($6,000)
• C)$4,000
• D)$6,000

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Definitions:

Federalists

Members of a political party or movement in the late 18th and early 19th centuries in the United States that supported a strong central government, the ratification of the U.S. Constitution, and an expansive interpretation of federal government powers.

National Government

The national government refers to the government of a whole nation, as opposed to subnational or local governments, and is responsible for the governance of a country.

Direct Election

A voting system where the public votes directly for representatives or leaders rather than through an intermediary, like an electoral college.

Collecting Taxes

The process by which a government or authority gathers monetary contributions from citizens and businesses to fund public services and infrastructure.