Problem
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 at $110,000 per year. Currently, she is producing her own cookies, and she has revenues of $320,000 per year. Her costs are $49,000 for labor, $25,000 for rent, $37,000 for ingredients, and $7,500 for utilities. She has $300,000 of her own money invested in the operation, which, if she leaves, can be sold for $40,000 that she can invest at 25 percent per year. Calculate her accounting and economic profitsAdvise her as to what she should do.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.