Applied riddles BUS 640: Managerial Economics | | | | | | 2010| Revenues| | | | | | Revenue from sales of harvest-home and services| $970,000.00 | Operating live and expenses| | | | Cost of products and services share| $35,000.00 | | Selling expenses| | | $155,000.00 | | Administrative expenses| | $45,000.00 | | | sum of money operating cost and expenses| $555,000.00 | Income from operations| | | $415,000.00 | Interest expense (bank loans)| | $45,000.00 | Income Taxes| | | | $28,000.00 | dismiss Income| | | | $165,000.00 | | | | | | | $177,000.00 | Applied Problem 1 Chapter 1 1. At the beginning of the socio-economic class, an audio engineer quit his argumentation and gave up a salary of $175,000 per year in distinguish to start his own business, Sound Devices, Inc. The sensitive company builds, installs, and maintains consumption audio equipment for business that requires high-quality audio systems. A partial income control for Sound Device, Inc. is shown below: To get started, the possessor of Sound Devices played out $100,000 of his personal savings to pay for some of the capital equipment employ in business.
In 2010, the proprietor of Sound Devices could have clear a 15 portion return by investing funds in stocks of a new business with risk take aims like to the risk level at Sound Devices. a. What are the core explicit, chalk up implicit, and total economic costs in 2010? evident Costs| | | | | | | | | | | | bestow operating costs and expenses| | $555,000| Interest expenses| | | $45,000| Income taxes| | | $28,000| Net ! Income| | | | $165,000| Total denotative Costs for 2010| | $793,000| unstated Costs| | | | | | | | | | | | yearly Salary| | | | $175,000| 15% interest on a $100,000 investment| | $15,000| Total Implicit Costs for 2010| | $190,000| | | | | | | | Economic Costs| | | | | | | | | | | Total Explicit Costs...If you postulate to get a full essay, nightspot it on our website: BestEssayCheap.com
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