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economic Q2 c) Helen gave up her sales assislant joo from which she esms $55,000 tostar up her? boutique, it will cost Helen $400,000 per
economic Q2 c) Helen gave up her sales assislant joo from which she esms $55,000 tostar up her? boutique, it will cost Helen $400,000 per year to rent the shop, hire slaf and coveral otheri. expenses The boutique will bring in $450,000 worth of revenue Q2c i) Calculate Helen's accounting profit (1 mark) Q2c ii) Caiculate Helen's economic profit / loss. (1 mark) Q2c iii) From the economic point of vew, is Helenis business profliabe? (1 mark) (Answer and show workings here] Q2c i) Helen's Acoounting profit = Q2c ii) Helen's Economic profitillass=- Q2c iii) is the start-up profitable in terms of ecanomic point of viewn [ Yes or No] (Type the correct answed Explain
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