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Author Question: The table below provides the total revenues and costs for a small landscaping company in a recent ... (Read 49 times)

agstelzer01

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The table below provides the total revenues and costs for a small landscaping company in a recent year.

Total Revenues ($)250 000 
Total Costs ($)
- wages and salaries150 000
- risk-free return of 2% on owner's capital of $20 000400
- interest on bank loan1500
- cost of supplies27 000
- depreciation of capital equipment8000
- additional wages the owner could have earned in next
best alternative
30 000
- risk premium of 4% on owner's capital of $20 000800

TABLE 7-2

Refer to Table 7-2. The accounting profits for this firm are
◦ $63 100.
◦ $32 300.
◦ $32 700.
◦ $71 500.
◦ $63 500.


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Marked as best answer by agstelzer01 on Oct 12, 2022

miro2222

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agstelzer01

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Reply 2 on: Oct 12, 2022
Excellent


T4T

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Reply 3 on: Yesterday
:D TYSM

 

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