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Question: Gomez runs a small pottery firm. He hires one helper at $12,000 per year, pays annual rent of $5,000 for his shop, and spends $20,000 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $4,000 per year if alternatively invested. He has been offered $15,000 per year to work as a potter for a competitor. He estimates his entrepreneurial talents are worth $3,000 per year. Total annual revenue from pottery sales is $72,000.
Calculate the Accounting and Economics profits for the firm.
Bank A has a leverage ratio of 10, while Bank B has a leverage ratio of 20. Similar losses on bank loans at the two banks cause the value of their assets to fall by 7 percent.
Describe what should be done to foster successful implementation of your chosen strategies. Be sure to examine both people and organizational considerations.
What single sum of money at t = 4 is equivalent to receiving $5,000 at t = 1, $5,800 at t = 2, $7,300 at t = 3, and $8,200 at t = 4 if money is compounded at a rate of 11.5% per time period?
Identify the characteristics of LGE's human resources strategy
a city government is considering increasing the capacity of the current waste-water treatment plant. the estimnated
you will apply important microeconomics concepts toward the competitive strategies of an organization that operates in
What is Benefit cost ratio for each project? What is Payback Period for each project? What is Future Worth or Terminal Value for each project?
Calculate the conventional b/c ratios for alternate a. is alternate aeconomically justified and calculate the modified b/c ratio for alternate a. is alternate a economically justified?
How has containerization and Intermodalism changed the transportation system? What is the history and background of containerization?
A negative supply shock (a huge natural disaster or significant energy price spike) would do what to the short-run Phillips curve? To the long-run Phillips.
What is the structure for a firm with at least some ability to determine price? How are price and output levels determined rationally? Since price can, at least to some degree, be determined by the seller, is this firm sure to enjoy profits?
Suppose the graph on the next page depicts the demand for football tic k ets at Grand University.
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