The following is cost information for the Creamy Crisp Donut Company:
Entrepreneur's po...
Business, 11.04.2020 00:06 daniel7363
The following is cost information for the Creamy Crisp Donut Company:
Entrepreneur's potential earnings as a salaried worker = $54,000 Annual lease on building = $22,000 Annual revenue from operations = $380,000 Payments to workers = $120,000 Utilities (electricity, water, disposal) costs = $8,000 Value of entrepreneur's talent in the next best entrepreneurial activity = $90,000 Entrepreneur's forgone interest on personal funds used to finance the business = $6,000 Refer to the data. Creamy Crisp's implicit costs are:
$94,000.
$136,000.
$150,000.
$156,000.
Answers: 1
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