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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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8 0
3 years ago
1. __________ is the act of declaring a drivers license void and terminated when it is determined that the license was issued th
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3 years ago
A large firm in the newspaper industry employs 250 people, of which 36 are upper-level managers. As a result of this employee-to
bezimeni [28]

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The firms in this industries have dis-economies of scale.

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5 0
3 years ago
True or false. Convertible preferred stock may be exchanged, at the corporation's option, for a specified number of shares of co
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3 years ago
Read 2 more answers
Ian would like to save $2,000,000 by the time he retires in 30 years. if he believes that he can achieve a 6% rate of return, ho
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The future worth of the periodic payment, in this case, annual, can be calculated through the equation,

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Hence, the answer to this item is the fourth choice. 
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2 years ago
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