You own and manage a small hotel. The annual costs are the following: • electricity, phone, internet access, insurances: 20 • merchandise and other goods and services consumed: 72 • building and equipments depreciation: 35 • salaries (including social contributions): 220 • interest paid on a loan of 200: 8 In addition, you know that: • your sales are equal to 420 per year; • before buying the hotel, you were getting an annual wage of 70 on the job market; • you own the building, which can be rent at a price of 90 per year. Based on these informations, the accounting profit can be estimate to Select one: a. +65; -5 b. +65; -25 c. +65; -95 d. +155; -5 Votre réponse est correcte. The correct answer is: +65; -95 and the economic profit to
You own and manage a small hotel. The annual costs are the following: • electricity, phone, internet access, insurances: 20 • merchandise and other goods and services consumed: 72 • building and equipments depreciation: 35 • salaries (including social contributions): 220 • interest paid on a loan of 200: 8 In addition, you know that: • your sales are equal to 420 per year; • before buying the hotel, you were getting an annual wage of 70 on the job market; • you own the building, which can be rent at a price of 90 per year. Based on these informations, the accounting profit can be estimate to Select one: a. +65; -5 b. +65; -25 c. +65; -95 d. +155; -5 Votre réponse est correcte. The correct answer is: +65; -95 and the economic profit to
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3EB: A restaurant is considering the purchase of new tables and chairs for their dining room with an...
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Mortgages
A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.
Mortgage
The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.
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