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can anyone solve all parts of this question? thanks a bunch Andi works for a delwery company and he earns 70000 $ per year. Andi
can anyone solve all parts of this question? thanks a bunch
Andi works for a delwery company and he earns 70000 $ per year. Andi is this per year. Andi is thinking about opening his own shop which would require him to quit the current job. Opening a barbershop would have these expenses D) office space 50000 $ per year = 2) furniture & Supplies - 10000 $ per year 3) adverhising = $ 10000 $ per year 4) part time workers wage = 200000 $ per year He expects his barbershop to earn him a revenue of $500000 per year. @ calculate the accounting profits associated with thisa Also calculate the economic profit (b) Should he actually open the shop? Would it be a good decision give proper reasonings, . (c) what if his exepected revenue is 375000? Then what would be the economic and accounting profil Calculate and show your workings should ne open the shop now? Explain why or suby not? What if Ande's salary at the company he used to work at was $125000 (with expectations of the some revenue of 500000 $) what would the accounting and economic profits beat that times calculate and explain if he should still open the shop Step by Step Solution
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