Classify each of the given expenses based on whether they are used to calculate accounting profit.
1. used to calculate accounting profit
2. not used to calculate accounting profit
Option:
a. The business hires several employees, cach of whom is paid an annual salary
b. The business operates out of a building that is owned by the business owner.
c. She could lease the building to another company for $100.000 per year.
d. The owner of the business uses her time to manage day to day operations.
e. The business's owner could have earned an additional $20,000 over the past year, had she invested the $200,000 she used to start her company in the stock market instead