What is the economic profit by running pizza restaurant

Assignment Help Managerial Accounting
Reference no: EM132883282

Question - What is the economic profit by running pizza restaurant in the example below?

You can make 70,000 in accounting profits by running pizza restaurant. If you don't run pizza restaurant you can make $40,000 of salary as an employee in a firm and $25000 of capital income by investing in treasury bill.

Reference no: EM132883282

Questions Cloud

Explain the steps involved in Biotechnology : Explain the steps involved in Biotechnology. What proven techniques exist to successfully clone organisms.
Relevance of the emh to corporate financial managers : a) If the efficient market hypothesis is valid, are investment analysis and active fund managers worthwhile?
Determine the selling price of Bond B : Determine the selling price of Bond B. Indicate the book value of the debt associated with Bond B that will be reported at the end of the first half of 2020
What should a response to a chemical spill always include : What should a response to a chemical spill always include? Immediate cleanup of the hazard
What is the economic profit by running pizza restaurant : What is the economic profit by running pizza restaurant - You can make 70,000 in accounting profits by running pizza restaurant
Why should employers train employees and provide small bonus : Reasons why should employers train employees and provide small bonus's (gift cards, holiday time) and training and studies?
Epidemiology is described as being interdisciplinary : Because it draws from other fields such as biostatistics and social sciences, epidemiology is described as being interdisciplinary.
Prepare the necessary correcting entries : Prepare the necessary correcting entries, assuming that Bramble uses a calendar-year basis. The books for the current year have not been closed
Discuss most likely route of absorption : Discuss the most likely route of absorption of lead in this case study. how will lead be distributed throughout Jared's body?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd