Answer:
-$11,000 is the economic profit or we can say it is a loss.
Step-by-step explanation:
The job paid Bob = $100000
The insurance cost is = $8,000
The material cost is = $15,000
The lease payments are = $8,000
The sales revenue is $120,000.
So, Bob's economic profit is:
Therefore, his economic profit is -$11000.
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2 6/9. 2 24/36
x ≈ 14.57
using the sine ratio in the right triangle
sin59° = = ( multiply both sides by 17 )
17 × sin59° = x , then
x ≈ 14.57 ( to 2 dec. places )