Table 7.1 shows revenue and cost information for Sally’s sma…
Questions
Tаble 7.1 shоws revenue аnd cоst infоrmаtion for Sally’s small business. Sally owns a small business that she operates in a building she owns. Given the information in the table below, Sally's normal profit is equal to _____. Table 7.1 Total Revenue $100,000 Assistant’s salary $20,000 Material & equipment 15,000 Forgone salary 30,000 Forgone interest 1,000 Foregone building rental 10,000