Maurice Tutor

(5)

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
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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 24 Apr 2018 My Price 4.00

San Diego

Jake lives in San Diego and runs a business that sells guitars. In an average year, he receives $704,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $404,000; he also pays wages and utility bills totaling $286,000. He owns his showroom; if he chooses to rent it out, he will receive $3,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Jake does not operate this guitar business, he can work as an accountant and receive an annual salary of $20,000 with no additional monetary costs. No other costs are incurred in running this guitar business.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Apr 2018 07:04 PM My Price 4.00

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