John runs a small bakery in his neighbourhood, John's Delightful Bakery. He bakes a variety of delicious pastries and bread, and his business has been quite successful. John used to work as a manager in a nearby restaurant before starting his bakery, and he quit his job to focus on the bakery. His salary was $25,000. To assess the overall performance of his bakery, John meticulously tracks his financials. For the year 2023, John has gathered the following information: Total revenue from pastry and bread sales: $100,000. Cost of ingredients and materials: $30,000 Rent for the bakery space: $12,000 Wages paid to his employees: $20,000 Advertising expenses: $5,000
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- Mr.Abdullah specializes on Arbitrage trading. He has got the following quotes regarding 3 currencies GBP 0.739541 / USD AUD 1.3081 / USD GBP 0.563789 / AUD Now he wants to use USD 1000000 and make a profit. Answer the following questions based on the data given above. After converting from USD to GBP and from GBP to AUD, How much will he get in converting AUD to USD in the above process? a. 1715879 b. 1002777.804 c. 739541 d. All the options are wrong e. 1311733.645 After converting from USD to GBP, How much will he get in converting GBP to AUD? a. 739541 b. 1002777.804 c. 416945 d. None e. 1311733.645 How much will he get in converting USD 1000000 to GBP? a. 1311733.645 b. 1002777.804 c. None d. 739541 e. 1352190 Which cross rate should he calculate and compare with actual quotes to make sure that he will get profit a. GBP/AUD b. USD/AUD c.…Give typing answer with explanation and conclusion A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $740,000 per year for the next 6 years. It estimates that the campaign would reduce rates of illness and communicable disease. At the end of the first year of the campaign, the resulting savings would be $1,150,000; the savings would decrease by $100,000 each of the following 5 years. Assuming a discounting factor of 5.5%, compute6 Assignment Saved to this PC ✓ Design Layout References Mailings ctions: On O Search (Alt+Q) You Review View Help In a one-shot game, if you advertise and your rival advertises, you will each earn $5 million in profits. If neither of you advertises, your rival will make $4 million and you will make $2 million. If you advertise and your rival does not, you will make $10 million and your rival will make $3 million. If your rival advertises and you do not, you will make $1 million and your rival will make $3 million. The profits in each cell are shown as (your profit, your rival's profit). a) Fill in the payoffs in the following table. Advertise Do Not Advertise Your Rival H Advertise monica faggett b) Do you have a dominant strategy? Why or why not? c) Does your rival have a dominant strategy? Why or why not? d) What is the Nash equilibrium in this game? Accessibility: Investigate Do Not Advertise Focus
- you have been working as a manager of a fashion store. You saved 50,000 and you decided to use the money to start your own business, You decided to use the money you saved to buy materials, you als decided to utilize a store you own to home your business. The store you used for your business could have been rented for 8,000 a year. You hired a clerk to help you in the store that will cost you 20,000 per year. The interest you could have earned on the 50,000 you used to buy the materials was 3,000 per year. Futhermore, you decided to manage your own business and you decided to quit your job that was paying 28,000 per year . You paid 8,000 for utility. What is yor explicit cost? Assume that your total sale for the year was 160,000. What is your implicit cost, what is the accounting profit? what is your economic profit?Need correct answer.instat upvoteUncertain on how to finish solving and don’t know if what I have on the graph so far is correct
- Please help me with D, E,FDavid runs his own business. He received an offer from a company for $50,000 per year. If he sells his business, he can get an amount of $100,000. Assume the annual interest rate is 5%. David is confused to run his own business or join the company. David annual revenue from his business is enough to cover all explicit costs and has $60,000 left over. There are no additional implicit costs. Calculate David’s accounting and economic profit.Handout 1 Real-Life Balance Sheets John John is a 28-year-old father of two. He lives in a house that he bought four years ago, taking out a 30-year mortgage. He and his family have two cars and owe payments on one for the next two years. He has a retirement account that he has been contributing to since he was 22. He has a loan that is not paid from his college education at a private school. He has a college fund for both of his kids. Assets Liabilities Gwen Gwen is a 20-year-old college sophomore. She works part time to pay for school but still contributes $25 to her savings account each month. She had to put her books on her credit card this semester but she hopes English (United States) O Focus MacBook O00 000 DD F4 F5 F6 F7 F8 F9 &
- Case Study Alison Mitchell joined The Look three months ago. The Look is a high street clothes retailer that is mainly based in the UK, but has some stores in continental Europe. Alison is a management trainee who recently finished her history degree at university. She has just come back from a management presentation in which the annual results of the company were announced. She left feeling slightly worried and a little confused. I know the economy has been doing badly and this has hit customer spending. Customers are worried about their jobs, which is not surprising given the high unemployment figures, and many of them have had their wealth hit hard by falling house prices. The economic climate is making everyone a little more cautious. This year's profits for the company were nearly £6 million, which is higher than our competitors. But the board of directors is apparently unhappy with this return, given the investment that has been made into the business. It wants a significant…Please see the attached12Please give correct typed answer with proper explanation