Question
Jamie has timber land that is worth $1 million with a monthly upkeep cost of $5,000. It has been growing for 15 years. Carrie's
Jamie has timber land that is worth $1 million with a monthly upkeep cost of $5,000. It has been growing for 15 years. Carrie's Cutting service has put a bid in to harvest 3,000 trees with the hope of 30% return on investment. Carrie estimates they will need to purchase $30,000 worth of equipment and hire 10 lumberjacks for six months. They estimates their insurance will be $15,000 a month and $2,000 a month in transportation. What are Carrie's relevant costs? O Land upkeep, equipment cost and labor. Transportation, equipment, insurance, and upkeep O Land upkeep, labor, and insurance. O Labor, equipment, insurance, and transportation
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