Question

3) John was a high school teacher earning $80,000 per year. He quit his job to start his own business in pizza catering. In order to learn how to run the pizza catering business, John enrolled in a TAFE to acquired catering skills. John course was for three month. John had to pay $2000 as tuition for three month. After the training, John withdrew $110,000 from his savings accounts. He had been earning 5% interest per year for this account. He also borrowed $50,000 from his friend whom he pays 6% interest per year. Further, to start a business John used his own premises. He was receiving $12,000 from rent per year. Finally, to start the business John uses $50,000 he had been given by his father to go on holiday to USA.

John ‘s first year of business can be summarized as follows:

Items Amount
Revenue- Pizza section 400,000
Revenue- Beverages Section 190,000
2 Cashiers (wages per worker) 55,000
Pizza ingredients 50,000
Manager 75,000
3 Pizza bakers (wages per baker) 60,000
Equipment 10,000

Based on your calculated accounting profit and economic profit, would you advise John to return to his teaching job? Show your work.

Answer 1

Answer:

Prepare a list of macro economic problems of Indian economy and comment on them in brief conclusion and suggestions

based on your calculated

Answer 2

Answer:

So cyclotron is unsuited to accelerate electrons,as relativistic effects become important at low energies and radiation loss are very important for electron and put a limit on energy achievable by electrons in a cyclotron.