X X X U @ . WEBCAM RECORDING 0-A02 Sept2023 (1) Edna Alcantara 10/29/23 9:25 AM @ liz: Ch 8 Question 1 of 6 This quiz: 21 point(s) possible This question: 5 point(s) possible Submit quiz tion list K You are working as a Delivery Driver at Yellow Mountain Warehouse. Your salary What are the Implict costs of owning the business? s $17.32 per hour and you work 39 hours per week. You have always wanted to be your own boss, but could never afford to start up or purchase your own company. Next week you will gain access to your $220000 trust fund which is What are the Explicit costs of owning the business? currently invested at 9%. Last week you were presented with an opportunity to uestion 1 purchase Quick Pokemon Funeral Services in response to your inquiries. The email stated that the Funeral Services company is available for $186000. A What are the total Economic profits? decision from you is needed by the end of the week. Question 2 The annual estimates for the first few years including the first of operation supplied by the Quick Pokemon Funeral Services company are below: What are the total Accounting profits? SALES 105000 Question 3 EXPENSES: Should you take the opportunity? RENT 17000 No, because Accounting Profits > 0 COSTS OF GOODS 26200 No, because Economic Profits o TAXES/FEES 13000 Yes, because Economic Profits > 0 UTILITIES 2100 Question 5 Question 6 Time Remaining: 00:55:17 Next hp