The Following Is Cost Information for the Creamy Crisp Donut

question 129

Multiple Choice

The following is cost information for the Creamy Crisp Donut Company. Entrepreneur's potential earnings as a salaried worker = $50,000 Annual lease on building = $22,000
Annual revenue from operations = $380,000 Payments to workers = $120,000
Utilities (electricity, water, disposal) costs = $8,000
Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000 Entrepreneur's forgone interest on personal funds used to finance the business = $6,000
Creamy Crisp's total revenues exceed its total costs, including a normal profit, by

• A) $150,000.
• B) $94,000.
• C) $80,000.
• D) $230,000.

Interpret the impact of compounded interest rates on investment growth over time.

Understand how to calculate the annual rate of inflation using the Consumer Price Index (CPI).

Apply financial formulas to calculate unknown interest rates in investment questions.

Analyze the performance of mutual funds based on historical data to calculate their compounded annual returns.

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