subject
Business, 23.04.2020 20:37 hannahchilegirl6521

Hubert is working for a marketing firm making $60,000 per year but considers starting his own marketing company. Hubert has determined that to launch the business, he needs to invest $100,000 of his own funds. The annual cost of running the business will include $70,000 for the rent of the office space, $210,000 for employee wages, and $5,000 for materials and utilities. Hubert plans to manage the business, which means that he will have to quit his current job. Suppose that the interest rate (or rate of return) on investments in the economy is 6%.

Hubert's total explicit cost per year is .

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:50
Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?
Answers: 2
question
Business, 22.06.2019 00:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
question
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
question
Business, 22.06.2019 13:00
Amajor advantage of case studies is
Answers: 2
You know the right answer?
Hubert is working for a marketing firm making $60,000 per year but considers starting his own market...
Questions
question
English, 22.04.2020 00:08
question
Mathematics, 22.04.2020 00:08
question
Mathematics, 22.04.2020 00:08
question
Mathematics, 22.04.2020 00:08
Questions on the website: 13722367