# A small business has leased office space for \$10,000 per year. It cannot get out of that contract. It could sublease the space to another business for \$14,000 per year.Assuming no other costs, how high would revenues have to be to justify the small business continuing to use the space for itself?a. \$4,000b. \$10,000c. \$14,000d. \$24,000

The correct answer is D: Revenues= \$24000

Explanation:

Giving the following information:

A small business has leased office space for \$10,000 per year.

It could sublease the space to another business for \$14,000 per year.

How high would revenues have to be to justify the small business continuing to use the space for itself?

The small business has to generate enough income to pay for the \$10000 lease and make a profit of \$14000.

Revenues= 10000+140000= \$24000

## Related Questions

On three examinations, you have grades of 88, 78, and 86. there is still a final examination, which counts as one grade. a. in order to get an a, your average must be at least 90. if you get 100 on the final, compute your average and determine if an a in the course is possible.

b. to earn a b in the course, you must have a final average of at least 80. what must you get on the final to earn a b in the course?

Average is calculated as the sum of the values divided by the number of values.

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In B. You have to do a little algebra. Your formula to solve would be

80 = (88+78+86+x)/4

You would then solve for x

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