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vodka [1.7K]
3 years ago
15

A small business has leased office space for $10,000 per year. It cannot get out of that contract. It could sublease the space t

o another business for $14,000 per year.Assuming no other costs, how high would revenues have to be to justify the small business continuing to use the space for itself?a. $4,000b. $10,000c. $14,000d. $24,000
Business
1 answer:
ElenaW [278]3 years ago
6 0

Answer:

The correct answer is D: Revenues= $24000

Explanation:

Giving the following information:

A small business has leased office space for $10,000 per year.

It could sublease the space to another business for $14,000 per year.

How high would revenues have to be to justify the small business continuing to use the space for itself?

The small business has to generate enough income to pay for the $10000 lease and make a profit of $14000.

Revenues= 10000+140000= $24000

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Answer:

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Explanation:

Calculation for the amount of cost allocated to the Cafeteria under the step method

Using this formula

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Let plug in the formula

Allocation to Cafeteria=[25/(25 + 308 + 287)] x $72,450

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Explanation:

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[The following information applies to the questions below.]
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Answer:

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Answer:

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