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Alenkinab [10]
3 years ago
7

An architecture firm charges clients $250 per hour for their services, and they pay their architects an average of $175 per hour

. They expect to accumulate 10,000 hours of architecture work this year. Their other costs include marketing and general administrative costs totaling $615,000 per year. What is the firm's profit before taxes?A)$135,000 B)$140,000 C)$115,000 D)$615,000 E)$750,000
Business
1 answer:
erma4kov [3.2K]3 years ago
3 0

Answer:

A)$135,000

Explanation:

service fee      250

average wage 175

contribution 75 this is the ammount generate per hour billed

expected hours billed for the year 10,000

hours x contribution per hour = total contribution

10,000 x 75 =                  750,000

Operating cost             <u>  (615,000)  </u>

Earnings before taxes    135,000

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Answer:

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Pro-market policies are those that establish norms that help the free market to operate in balance, without any kind of benefit in favor of a specific company, in this way it benefits both companies and consumers, therefore it sets up in a normal market situation where companies cannot make profits and losses.

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2 years ago
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5 0
3 years ago
Although some gains have been made in reducing the rate of malnourishment in some lower-income nations, about __________ people
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