Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Gomez runs a small pottery firm

12/11/2020 Client: arwaabdullah Deadline: 3 days

Question

Gomez runs a small pottery firm. He hires one helper at $11,500 per year, pays annual rent of $7,000 for his shop, and spends $22,500 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $6,500 per year if alternatively invested. He has been offered $22,000 per year to work as a potter for a competitor. He estimates his entrepreneurial talents are worth $4,500 per year. Total annual revenue from pottery sales is $80,000. Calculate the accounting profit and the economic profit for Gomez’s pottery firm.

what is Economic profit?

Additional Requirements

Level of Detail: Show all work
Other Requirements: Gomez runs a small pottery firm. He hires one helper at $11,500 per year, pays annual rent of $7,000 for his shop, and spends $22,500 per year on materials. He has $40,000 of his own funds invested in equipment (pottery wheels, kilns, and so forth) that could earn him $6,500 per year if alternatively invested. He has been offered $22,000 per year to work as a potter for a competitor. He estimates his entrepreneurial talents are worth $4,500 per year. Total annual revenue from pottery sales is $80,000. Calculate the accounting profit and the economic profit for Gomez’s pottery firm.

what is Economic profit ?

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Custom Coursework Service
Finance Homework Help
Writer Writer Name Offer Chat
Custom Coursework Service

ONLINE

Custom Coursework Service

Hey, Hope you are doing great :) I have read your project description. I am a high qualified writer. I will surely assist you in writing paper in which i will be explaining and analyzing the formulation and implementation of the strategy of Nestle. I will cover all the points which you have mentioned in your project details. I have a clear idea of what you are looking for. The work will be done according to your expectations. I will provide you Turnitin report as well to check the similarity. I am familiar with APA, MLA, Harvard, Chicago and Turabian referencing styles. I have more than 5 years’ experience in technical and academic writing. Please message me to discuss further details. I will be glad to assist you out.

$55 Chat With Writer
Finance Homework Help

ONLINE

Finance Homework Help

I have a Master’s degree and experience of more than 5 years in this industry, I have worked on several similar projects of Research writing, Academic writing & Business writing and can deliver A+ quality writing even to Short Deadlines. I have successfully completed more than 2100+ projects on different websites for respective clients. I can generally write 10-15 pages daily. I am interested to hear more about the project and about the subject matter of the writing. I will deliver Premium quality work without Plagiarism at less price and time. Get quality work by awarding this project to me, I look forward to getting started for you as soon as possible. Thanks!

$55 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Byron bay cookie company uk - W5 BUS - Difference of squares problems - Future trends in public health - The boisterous sea of liberty pdf - En 60204 1 2018 - Tear past perfect tense - Unit 21 assignment 1 - CASE STUDY FOR HAEMATOLOGY URGENT - List the four basic acts of the overarching biblical story - Why is imago dei important - Www mousebreaker comn - Precede proceed model for health promotion planning and evaluation - Healthy people 2020 - Critique of freud's psychosexual theory - Business process risk assessment - Earthquake homework help - Hotel park and fly toronto groupon - Arm vs x86 instruction set - 1952 vincent black lightning tuning - Rip van winkle essay introduction - Hubspot inbound marketing and web 2.0 pdf - Cb enterprise response sensor - How does narcissus die - Assignment - Experiment 4 blood typing experiment - Gen 499 general education capstone - Dave monaghan heat pump services - A 1.8 m3 rigid tank contains steam at 220 c - Assignment -7-1 - T - Management homework - Omron 61f-gp-n wiring diagram - Understanding human communication 13th edition rent - Is oreo a proper noun - Healthcare Informatics Research and Innovation - Bsbfim601 assessment 1 answers - Week 6 Discussion - Infomine scholarly internet resource collection - Week 1 Assignment - Humn 8660 - Southland corporation case study solution - Havant 6th form college - ACCT Report - Week 9 Discussion MKT 500 - The saga of erik the viking resources - Two Separate Assignment - Nursing. - Theoretical Literature Review on Kubler-Ross Model Theory" on Death and Dying which suggests five different stages of Grief. - Case Study - Intercultural Management - Comment - Volunteer and Community Relationships - What does 51 mean in police code - A geodesic dome constructed with an aluminum framework - La profesora martínez es . rosa y teresa son . nosotros somos - Sport facility operations management pdf - Chatgptitaliano.it : L’IA che Potenzia la Comunicazione Digitale - Loss allowance ifrs 9 - Advantages and disadvantages of joint cost allocation methods - Sonja is being treated by her psychiatrist - Physical evidence marketing restaurant - F5 ucs vs scf - What is chapter 4 of the outsiders about - National galleries of scotland competition - University of phoenix blackboard ultra - Explain uber's business model and deduce its strategic intent - Netflix the public relations box office flop - Boston bruins license plate raffle - Two way radio 10 codes - Body mass index pros and cons - Tokenization ( Discussion) - Unisa census date 2021 - Of mice and men chapter summaries - According to renaissance philosophy commoners often represent - Aidonia yeah yeah acapella - 1 14 uns 2b thread - Computer a history of the information machine pdf - Church of the dormition daphni - Wk 2, IOP 490: Elements of Change Management Summary - Cham cham baje re payaliya shor machaye re - The elements of moral philosophy 9th edition pdf free - Cult 51 neck cream - Follow APA format - Twilight stage of sleep associated with imagery resembling hallucinations - Research paper - Data visualization using R - Electric field mapping lab report discussion - Contactor wiring diagram a1 a2 - Cambridge latin stage 23 translations - Some recent financial statements for smolira golf corp follow - How do you find the heat capacity of a calorimeter - Organisational behaviour buchanan and huczynski 8th edition - Jb hifi returns policy - " now presenting" - Reasonable basic firewall rules - COMM THEORY - ATTRIBUTION THEORY/CRISIS/COVID - RESEARCH ESSAY - Written Communications exam 70064 - Order 2076683: immigration. consequance and compermise - PEAR REVIEW ARTICLE - Format a2 dimension cm - Kendall hunt coupon code september 2019