Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 Mar 2018 My Price 4.00

mechanical engineer

*** PLEASE SHOW & EXPLAIN ALL WORK ***

Sam Smith is currently employed as a mechanical engineer and is paid $65,000 per year plus benefits that are equal to 30% his salary. Sam wants to begin a consulting firm and decides to leave his current job. After his first year in business, Sam's accountant informed him that he had made $45,000 with his consulting business. Sam also notices that he paid $6,000 for a health insurance policy, which was his total benefit during his first year. What was Sam's opportunity cost?

Answers

Maurice Tutor
(5)
Status NEW Posted 31 Mar 2018 01:03 PM My Price 4.00

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