有無bussiness econ,經濟 勁人可以幫到我?!!!急!!!!Part 4

由於問題比較長~要有d 耐性
唔該你地呀~!!!
急的!!
幫得一條得一條丫~~><!唔洗識晒ga!

Q4.

The following is the 2008 March income statement that Peter prepares for his
clothing retail shop that he operates:

Sales 220,000
Costs of goods sold 100.000
Salary expense(Note 1) 20,000
Rental expense(Note 2) 40,000
Depreciation 8,000
Interest expense(Note 3) 500
Other expenses 5,500
Net Income 46,000

Note 1 ::Peter is employing a shop assistant for a salary of $20,000.
Peter also works for the shop, but he is not paying himself
anything to save cost.

Note 2 :: The rental contract, signed in December 2006, covers a period of two years from January 2007 to December 2008. The first 3 months were regarded as the ‘rent-free period’. After that, the monthly rental was $40,000. Peter cannot terminate the contract nor sublet the shop to others in the first two years but is free to terminate or continue with the contract for the third year.

Note 3:: Peter obtained an overdraft credit line of $250,000 from a bank. The interest rate is 12% per annum but he only used $50,000 of the credit in 2008 March. He does not need to borrow much because he used $600,000 of his own savings to finance the business.

(a) Comment on the appropriateness of the amount entered in the above
statement in terms of economic costs for each of the followings:
i) Salary cost (with reference to Note 1)
ii) Rental cost (with reference to Note 2)
iii) Cost of capital (with reference to Note 3)

(b) How will your answer to (a) ii) change if the retail market becomes a lot more prosperous in March 2008 than in late 2006 and the market rental has gone up a lot since Peter has signed the rental contract?

Q5.

Four workers can build a house in 30 days and the income will be shared among workers. How many days does it take for 24 workers to build 8 similar houses assuming the income from building the houses will also be shared?
(Hints: This is an open-ended question. Some possible directions are: how cost behaves /selfishness and incentive…)