John was a high school teacher earning $ 80,000 per year. He quit his job to start his own business in pizza catering. To learn how to run the pizza catering business, John enrolled in a TAFE to acquire catering skills.   John’s course was for 3 months. John had to pay $2,000 as tuition for the 3 months.   After the training, John withdrew $110,000 from his savings account. He had been earning 5 percent interest per year for this account. He also borrowed $50,000.00 from his friend whom he pays 6 percent interest per year.   John’s first year of business can be summarised as follows:   Item Amount $ Revenue 250,000 Labor cost 120,000 Pizza ingredients 50,000 Equipment 10,000                         Calculate John’s accounting profit and economic profit? Show your work.

Emily recently graduated with a B.A. in economics and was offered a job with a small but growing company for $40,600 per year. About the same time, Emily inherited $65,000. She decided to pass up the job and use her inheritance to purchase a bubble tea shop rather than put the money into a bond fund (as her uncle suggested), which would have paid 6 percent per year interest. Emily works full-time at her new business, and at the end of the year she had revenues of $77,000 and total explicit costs of $30,000. a. What was Emily's accounting profit or loss for the year? Accounting (Click to select) $ b. What was her economic profit or loss for the year? Economic (Click to select)

Emily recently graduated with a B.A. In economics and was offered a job with a small but growing company for $40,200 per year. About the same time, Emily inherited $60,000. She decided to pass up the job and use her inheritance to purchase a bubble tea shop rather than put the money into a bond fund (as her uncle suggested), which would have paid 5 percent per year interest. Emily works full-time at her new business, and at the end of the year she had revenues of $78,000 and total explicit costs of $38,600. a. What was Emily's accounting profit or loss for the year? Accounting (Click to select) : $ b. What was her economic profit or loss for the year? Economic (Click to select) : $

Need help urgently Only typed answer needed Handwritten answer not allow  On May 1, Emerson Fast bought 10 Manitoba Polar bonds with a coupon rate of 7.875%. The purchase price was 101.375, and the commission was $8 per bond. Manitoba Polar bonds pay interest on April 1 and October 1.   a. What is the current yield of the bond?   b. What is the total purchase price of the bonds?   c. If Emerson sold the bonds on August 1 for 109.50, what are the proceeds from the sale?

Question 1 Due to health reasons, Dave is considering early retirement. He currently has $700,000 in a self- managed retirement fund. He thinks he will need S40,000 per year during retirement. He intends to invest his retirement in a low-risk mutual fund which return 1.5% per year. How many years can he live off this retirement fund without the need to look for a job?