Interest Table Cost.1.2: Amount Rates Loan #1 = $25,000 2.40% %3D Loan #2 = $40,000 2.50% %3! Owner's Last Job Wage $42,000 %3D Labor = $10,000 Ingredients = $40,000 Rents = $5,000 Total Revenue = $200,000 %3D According to information in Table Cost.1.2, accounting profits is about O $78,400 O No answer text provided. O No answer text provided. O $78,800

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Table Cost.1.2:
Amount
Interest
Rates
Loan #1 =
$25,000
2.40%
Loan #2 =
$40,000
Owner's Last Job Wage = $42,000
2.50%
%3D
Labor =
$10,000
Ingredients =
$40,000
Rents =
$5,000
Total Revenue =
$200,000
According to information in Table Cost.1.2, accounting profits is about
O $78,400
O No answer text provided.
O No answer text provided.
O $78.800
Transcribed Image Text:Table Cost.1.2: Amount Interest Rates Loan #1 = $25,000 2.40% Loan #2 = $40,000 Owner's Last Job Wage = $42,000 2.50% %3D Labor = $10,000 Ingredients = $40,000 Rents = $5,000 Total Revenue = $200,000 According to information in Table Cost.1.2, accounting profits is about O $78,400 O No answer text provided. O No answer text provided. O $78.800
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