Imagine tom's annual salary as an assistant store manager is $30,000, he owns a building that rents for $10,000 yearly, and his financial assets generate $1,000 per year in interest. one day, after deciding to be his own boss, he quits his job, evicts his tenants, and uses his financial assets to establish a bicycle repair shop. to run the business, he outlays $15,000 in cash to cover all the costs involved with running the business, and earns revenues of $50,000. what are tom's accounting profits?

Tom's accounting profits is $35,000

Explanation:

Accounting profit: The accounting profit is that profit which is come after deducting the accounting cost from the revenue amount.

In mathematically,

Accounting Profit = Revenue cost - accounting or explicit cost

                             = $50,000 - $15,000

                             = $35,000

As the cost which is incurred in running the business is called explicit cost. So we consider in the computation part.

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.

answer; whoever is willing and able to pay the price;