Business, 28.06.2019 23:10 isabelle1670

Gomez runs a small pottery firm. he hires one at $11,500 per year, pays annual rent of $7,000 for his shop, and spends $22,500 per year on materials. he has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $6,500 per year if alternatively invested. he has been offered $22,000 per year to work as a potter for a competitor. he estimates his entrepreneurial talents are worth $4,500 per year. total annual revenue from pottery sales is $80,000.calculate the accounting profit for gomez's pottery firm

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Gomez runs a small pottery firm. he hires one at $11,500 per year, pays annual rent of $7,000 for h...

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