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What is cfg economic profit

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Collins Food Group (CFG) owns both Sizzler and KFC in Australia. Due to Sizzler's continuing poor performance, CFG is deciding whether or not to close the Sizzler restaurants and re-invest into KFC to continue its growth. CFG's quarterly revenues are $425,702 while Sizzler remains open, and they estimate revenues will increase to $477,989 every three months if the divestment of Sizzler goes ahead. Running costs will remain constant at $118,207 every three months in either case. The cost of the divestment of sizzler would be $100,417 spread evenly over one year.

What is CFG's economic profit (every three months) after divestment? Answer number to the nearest whole number and include a negative sign if it is an economic loss (with no decimal places, $ sign, spaces or commas).

Reference no: EM132519104

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