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Kanesha is an entrepreneur and has recently opened her first coffee shop, The Coffee Cat She pays $5,000 rent each month, $4,800 for employee payroll,
Kanesha is an entrepreneur and has recently opened her first coffee shop, The Coffee Cat She pays $5,000 rent each month, $4,800 for employee payroll, and $1,200 for supplies. She was planning on selling several of her own tables and chairs on Craigslist for $1,500, but instead she brought them to The Coffee Cat. Additionally, she quit working as an accountant where she was earning $52,000 per year to open up the shop. Based on this information, identify Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. a. Explicit costs. ? Supplies Payroll 2 Accounting wages given up ? Rent ? Tables and chairs b. Implicit costs. ? Rent 2 Supplies 2 Payroll 2 Accounting wages given up ? Tables and chairs Calculate annual: Instructions: Enter your responses as a whole number. c. Accounting cost $ Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s). click the box once to place a check mark. For incorrect answer(s) click the option twice to empty the box. a. Explicit costs. 2 Supplies ? Payroll 2 Accounting wages given up Rent ? Tables and chairs b. Implicit costs. ? Rent 2 Supplies 2 Payroll 2 Accounting wages given up ? Tables and chairs Calculate annual: Instructions: Enter your responses as a whole number. c. Accounting cost $ d. Economic cost
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