This topic contains a solution. Click here to go to the answer

Author Question: The table below provides the annual revenues and costs for a family-owned firm producing catered ... (Read 51 times)

Dannyrod2

  • Full Member
  • ***
  • Posts: 160
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 implicit costs for this family-owned firm are
◦ $115 000.
◦ $35 000.
◦ $490 000.
◦ $100 000.
◦ $80 000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Dannyrod2 on Oct 12, 2022

sin

  • Full Member
  • ***
  • Posts: 165
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




Dannyrod2

  • Member
  • Posts: 160
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library