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V125BC [204]
3 years ago
13

Joe quit his job as a salesman where he made $35,000 per year to start his own t-shirt making business. his business expenses ar

e $6,000 per year on rent, $12,000 per year on supplies, and $4,000 per year on part time help. as for his personal expenses, his apartment costs him $4,800 per year and his personal bills are an extra $1,200 per year. what is joe's opportunity cost of running the business
Business
1 answer:
Serjik [45]3 years ago
7 0
$28,000 a year with his personal expenses
$18,000 a year without personal expenses


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bonufazy [111]

Answer:

Explanation:

A marketing plan refers to the comprehensive document that outlines a company's overall marketing effort. It is a blueprint that outlines how a company will implement its marketing strategy, and how the company will utilize a combination of resources in order to achieve its business objectives. It is a company's a most important document because:

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The creative mix is composed of:

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4 0
3 years ago
You buy a stock for which you expect to receive an annual dividend of $2.10 for the fifteen years that you plan on holding it. a
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<span>You are given an annual dividend of $2.10 for the fifteen years that you plan on holding it. Also, after 15 years, you are given to sell the stock for $32.25. You are asked to find the present value of a share for this company if you want a 10% return. You have to mind that the future stock for 15 years is $32.25. You are not only going to mind the present value of the annuity at $2.10 but also the $32.25.

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6 0
3 years ago
When determining the value of raw land, there is a relatively fixed amount of _________; therefore, the value of land is primari
Ilya [14]
<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?

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3 years ago
A set of speakers may be purchased now for $1000 or by making a down payment of $150 and additional payments of $100 at the end
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Answer:

the nominal annual interest rate on the payment plan is 15%

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This shows that at the end of the payment plan, the set of speakers would have cost $1,150 instead of $1,00 one-time payment.

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($150 ÷ $1,000) × 100%

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