This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table below provides the annual revenues and costs for a family-owned firm producing catered ... (Read 92 times)

hjfhdiskkjs

  • Full Member
  • ***
  • Posts: 156
on: Oct 12, 2022
The table below provides the annual revenues and costs for a family-owned firm producing catered meals.

Total Revenues ($)500 000
​​
Total Costs ($)​
- wages and salaries200 000
- risk-free return of 6% on owners' capital of 250 00015 000
- rent105 000
- depreciation of capital equipment25 000
- risk premium of 8% on owners' capital of 250 00020 000
- intermediate inputs    150 000
- forgone wages of owners in alternative employment   80 000
- interest on bank loan 10 000

TABLE 7-1

Refer to Table 7-1. The explicit costs for this family-owned firm are
◦ $605 000.
◦ $500 000.
◦ $115 000.
◦ $490 000.
◦ $505 000.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hjfhdiskkjs on Oct 12, 2022

studyforce.com

  • Full Member
  • ***
  • Posts: 193
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


hjfhdiskkjs

  • Member
  • Posts: 156
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
How to create a table of values displaying commission and earnings (Question 2) How to create a table of values displaying commission and earnings (Question 2)
table table
8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ... 8.The following table contains DNA-sequence information compiled by Marilyn Kozak (1987). The ...
Evolution of the vertebrate SR gene family Evolution of the vertebrate SR gene family
Detection of 3020insC in CARD15 in a family with Crohn’s disease Detection of 3020insC in CARD15 in a family with Crohn’s disease
Video: Mutations and translation

For a complete list of videos, visit our video library