Last year, jarod left a job that pays $60,000 to run his own bike-repair shop. jarod's shop charges $65 for a repair, and last year the shop performed 3,000 repairs. jarod's production costs for the year included rent, wages, and equipment. jarod spent $50,000 on rent and $100,000 on wages for his employees. jarod keeps whatever profit the shop earns but does not pay himself an official wage. jarod used $20,000 of his savings to buy a machine for the business. his savings were earning an annual interest rate of 5 percent. instructions: round your answers to the nearest dollar and include a negative sign if appropriate. a. what is jarod's annual accounting profit? b. what is jarod's annual economic profit?
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Business, 22.06.2019 21:50
Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.
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Business, 23.06.2019 01:00
What are the benefits of different types of career education, like community colleges, vocational training programs, and four-year colleges?
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Last year, jarod left a job that pays $60,000 to run his own bike-repair shop. jarod's shop charges...
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