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Peggy Sues cookies are the best in the world or so I hear She has been offered a job

Peggy-Sue’s cookies are the best in the world, or so I  hear. She has been offered a job by Cookie Monster, Inc., to come to work for them at $125,000 per year. Currently, she is producing her own cookies, and she has revenues of $260,000 per year. Her costs are $40,000 for labor, $10,000 for rent, $35,000 for in gredients, and $5,000 for utilities. She has $100,000 of her own money invested in the operation, which, if she leaves, can be sold for $40,000 that she can invest at 10 percent per year. Calculate her accounting and economic profits. Advise her as to what she should do LO1

Apr 23 2018 View more View Less

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