subject
Business, 06.08.2019 21:30 tejasheree

Jacob owns and operates a small business that provides consulting services. during the year he spends $50,000 on travel to clients and other expenses. in addition he owns a computer that he uses for his business. if he did not use the computer he could sell it and earn yearly interest of $100 on the money received from the sale of the computer. jacob's total revenue for the year is $100,00. instead of working as a consultant he could teach economics at a small college and make a salary of $50,000. using your knowledge of explicit/implicit cost, and accounting & economic profits. should jacob continue working as a consultant or should he teach economics instead?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 09:00, puppy5209
Aminor has the legal right to repudiate
Answers: 2
image
Business, 22.06.2019 10:00, sherylpoche23
Marco works in the marketing department of a luxury fashion brand. he is making a presentation on the success of a recent marketing campaign that included a fashion show. which slide elements can he use to include photographs and footage of the fashion show in his presentation? marco can use the: table images audio option to include photographs and the: flowcharts images video option to include footage of the fashion show.
Answers: 1
image
Business, 22.06.2019 20:00, enriqueliz1680
Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
image
Business, 22.06.2019 20:00, payshencec21
Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
Answers: 1
You know the right answer?
Jacob owns and operates a small business that provides consulting services. during the year he spend...

Questions in other subjects:

Konu
Mathematics, 20.09.2020 05:01
Konu
Spanish, 20.09.2020 05:01
Konu
Social Studies, 20.09.2020 05:01