Ginny is working for a marketing firm making $60,000 per year but considers starting her own marketing company. Ginny has determined that to launch the business, she needs to invest $100,000 of her own funds. The annual cost of running the business will include $50,000 for the rent of the office space, $180,000 for employee wages, and $8,000 for materials and utilities. Ginny plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rate of return) on investments in the economy is 6%. Ginny's total explicit cost per year is . Ginny's total cost per year is .
Answers: 1
Another question on Business
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
Business, 22.06.2019 22:00
Suppose that with a budget of $110, deborah spends $66 on sushi and $44 on bagels when sushi costs $2 per piece and bagels cost $2 per bagel. but then, the price of bagels falls to $1 per bagel.
Answers: 3
Business, 22.06.2019 22:30
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.
Answers: 1
Business, 23.06.2019 01:50
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
You know the right answer?
Ginny is working for a marketing firm making $60,000 per year but considers starting her own marketi...
Questions
Mathematics, 18.04.2020 04:15
Business, 18.04.2020 04:15
Mathematics, 18.04.2020 04:15
Mathematics, 18.04.2020 04:15
Mathematics, 18.04.2020 04:15
Social Studies, 18.04.2020 04:16
History, 18.04.2020 04:16
