ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Danya plans to open an English course. Currently he
earns Rp. 350 million per year teaching a language
education institution and will have to give up this job if
he opens a new English language course. If he chooses
to open an English course, it will cost him rent and
other operational costs of Rp. 2 billion per year.
a. How much does he need to generate positive
accounting profit?
b. How much does he need to generate positive
economic profit?
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Transcribed Image Text:Danya plans to open an English course. Currently he earns Rp. 350 million per year teaching a language education institution and will have to give up this job if he opens a new English language course. If he chooses to open an English course, it will cost him rent and other operational costs of Rp. 2 billion per year. a. How much does he need to generate positive accounting profit? b. How much does he need to generate positive economic profit?
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