Question: Table Cost.1.2: Amount Interest Rate Loan #1- Loan #2- $25,000 2.40% $40,000 3.00% Owner's Last Job Wage $52,000 Labor - $9.000 Ingredients - $42,000
Table Cost.1.2: Amount Interest Rate Loan #1- Loan #2- $25,000 2.40% $40,000 3.00% Owner's Last Job Wage $52,000 Labor - $9.000 Ingredients - $42,000 Rents - $20,000 Total Revenue - $200.000 According to information in Table Cost.1.2 where loans are used for establishing the firm, economic profits is about O $13,705 O $12,405 O $10.20O O $12.605
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