Business, 18.12.2019 23:31 Gabby1128

Myra quits her $125,000/year job to start a business. the first year her revenues are $315,000, her expenses include; salaries of $180,000 ($90,000 for herself), rent of $30,000, materials and supplies of $40,000, marketing of $50,000, insurance of $15,000. she uses her $50,000 car for business which she would lease for $10,000/year. what is her accounting and economic profit respectively? question 9 options:

a) 0, -$45,000
b) 0,-$85,000
c) -$10,000,-$35,000
d) -$50,000,-$10,000

Answers: 3

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Myra quits her $125,000/year job to start a business. the first year her revenues are $315,000, her...

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